BTIG Rates TKO Buy, $237 Price Target

On October 21, 2026, research firm BTIG reiterated its Buy rating on TKO Group Holdings, Inc. and left its price target unchanged at $237.00. According to the research note released on the day of the announcement, the firm continues to view the sports and entertainment company favorably following recent business results. TKO Group Holdings, Inc. shares closed at $177.94 on the date of the announcement.

TKO TKO Group Holdings, Inc.

$179.64 ▼ -12.14% year to date

1M 3M YTD

Daily close · Oct 20, 2026

BTIG's Call on TKO Group Holdings, Inc.

BTIG kept its Buy rating intact, matching its prior target of $237.00. The firm's research note on October 21, 2026, maintained confidence in the entertainment operator without altering its valuation outlook.

Other Institutional Activity in TKO Group Holdings, Inc.

Large investment firms have recently adjusted their holdings in TKO Group Holdings, Inc. Massachusetts Financial Services Co. grew its holdings by 184,619 shares, ending with 3,728,177 shares worth about $664.3 million. Annex Advisory Services trimmed its position by 393,245 shares, a 93.9% decrease that left it with 25,341 shares valued at about $4.6 million. Ninety One UK Ltd cut its stake by 375,524 shares, or 12.0%, finishing with 2,764,308 shares worth roughly $492.5 million. XN LP grew its holdings by 596,699 shares, a 31.5% increase to 2,492,185 shares valued at about $444.0 million. Lindsell Train Limited reduced its stake by 350,504 shares, down 14.3% to 2,098,862 shares worth about $74.0 million.

TKO Group Holdings, Inc. Stock Up 0.6%

The stock recently traded around $179.08 as of October 22, 2026, which is up about 0.6% since the analyst update.

Recent Earnings

Tapping into its entertainment segments, the company generated trailing-twelve-month revenue of $5.3 billion.

Dividend

The company pays an annual dividend rate of $3.16 per share, yielding 1.8%.

Insider Buying and Selling at TKO Group Holdings, Inc.

Company insiders have executed multiple transactions in recent months. Chief Executive Officer Ariel Z Emanuel sold 24,702 shares on August 18, 2026, at an average price of $194.39 for a total value of about $4.8 million. President Mark S Shapiro sold 19,120 shares on the same day at $194.39 per share, totaling about $3.7 million. Director Nicholas Khan sold 14,794 shares on August 19, 2026, worth about $2.9 million, and later sold 9,589 shares on September 14, 2026, valued at roughly $1.9 million.

Analysts Set New Price Targets

Wall Street coverage includes several firms updating their views prior to the BTIG note. Guggenheim maintained a Buy rating on August 5, 2026, with a target moved to $235.0 from $230.0. Bernstein kept an Outperform rating on September 16, 2026, adjusting its target to $240.0 from $235.0. Susquehanna maintained a Positive rating on October 16, 2026, lowering its target to $224.0 from $235.0. Guggenheim later maintained a Buy rating on October 20, 2026, moving its target from $235.0 to $228.0. Across the broader analyst community, the stock holds a consensus strong buy recommendation.

About TKO Group Holdings, Inc.

TKO Group Holdings, Inc. runs a premium sports and entertainment business encompassing major live fighting and sports entertainment properties. The company generates revenue through global live event ticket sales, media rights distribution, and consumer product licensing. BTIG's reiterated rating highlights confidence in these operational segments as the company prepares for its next financial update.

Bottom Line

Investors will watch for the company's next earnings report scheduled for November 4, 2026. Market participants continue to monitor institutional filings and analyst revisions for further direction.