02:10 PM EDT, 06/27/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target to $200 (prior $190) using a forward TEV/EBITDA of 18.4x our 2026 EBITDA estimate vs. the three-year historic average at 17.7x. Our EPS estimates are $3.40 in 2025 and $5.75 in 2026 on projected revenue of $4.5B and $5.7B, respectively. In the last 18 months, TKO has completed a number of strategic transactions that enable it to scale as a premium sports and sport entertainment company. There are cost savings opportunities of $130M from these deals. TKO is comprised of UFC, the world's premier mixed martial arts organization; WWE, a renowned sports entertainment business; and IMG, a leading sports talent firm that owns On Location and Professional Bull Riders. TKO authorized a stock buyback program for $2B over the next three to four years and issued its first dividend in March.