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Here's How Much WWE Has Changed Since The Undertaker's Debut
Sunday, November 22, 2020 - 4:05pm | 703This article was originally published on April 4, 2017. Since that time, The Undertaker has made sporadic appearances for WWE. This month, the company has been hyping Undertaker's "Final Farewell," which will take place at its Survivor Series event on Nov. 22, capping off the...
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How Much Damage Could The Coronavirus Have WWE's Live Event Business?
Friday, March 13, 2020 - 5:56pm | 598So far, 2020 has been a brutal year for stock investors, but some stocks have been hit much harder than others. Even prior to the coronavirus outbreak, the year was off to a disastrous start for World Wrestling Entertainment, Inc. (NYSE: WWE).A guidance cut and the surprise departure of two top...
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JPMorgan Slams WWE's Stock With Another Downgrade, Concerned About Network's Future
Tuesday, February 11, 2020 - 1:40pm | 468World Wrestling Entertainment, Inc. (NYSE: WWE) shares traded mostly flat on Tuesday after yet another high-profile Wall Street analyst downgraded the stock after a horrendous start to 2020 for the company. The WWE Analyst JPMorgan analyst David Karnovsky downgraded WWE from Overweight to Neutral...
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Analyst Says WWE Is Making Too Many Missteps, Issues Double Downgrade On The Stock
Monday, February 10, 2020 - 11:41am | 493It’s been a brutal start to 2020 for World Wrestling Entertainment, Inc. (NYSE: WWE) investors. But even after the huge recent sell-off, yet another analyst threw in the towel on WWE on Monday. The Analyst Wells Fargo analyst Steven Cahall downgraded WWE from Overweight to Underweight and...
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Analysts Speak Up On WWE's Disappointing Earnings: Could Amazon Step Into The Ring?
Friday, February 7, 2020 - 1:11pm | 746World Wrestling Entertainment, Inc. (NYSE: WWE) shares stabilized a bit to close out the week after the surprise departure of two top executives, disappointing 2020 guidance and a fourth-quarter revenue miss sent shares tumbling more than 25% over the past two weeks. On the afternoon of Jan. 30,...
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WWE Shares Slammed (Again) On Q4 Sales Miss, Network Subscribers Drop
Thursday, February 6, 2020 - 10:18am | 299World Wrestling Entertainment, Inc.(NYSE: WWE) reported fourth-quarter earnings of 78 cents per share on Thursday, which beat the analyst consensus estimate of 75 cents. This is a 77.27% increase over earnings of 44 cents per share from the same period last year. The company reported quarterly...
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Is WWE's Growth Era Down For The Count?
Thursday, October 31, 2019 - 1:40pm | 558World Wrestling Entertainment, Inc. (NYSE: WWE) shares were smacked down on Thursday, falling more than 19% after the company reported disappointing third-quarter numbers. WWE reported EPS of just 6 cents on $186.3 million in revenue. Earnings came in ahead of consensus analyst estimates of 2 cents...
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Analysts Remain Bullish On WWE, Cheer Early Ratings For 'Smackdown' On Fox
Friday, October 18, 2019 - 9:35am | 528World Wrestling Entertainment, Inc. (NYSE: WWE) shares are down 26.95% in the past six months as the stock’s TV renewal catalysts have faded and new competition has emerged. However, with the company’s third-quarter earnings report less than a week away, analysts remain bullish on WWE...
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WWE's 'Premiere Week' Ends On Low Note As #CancelWWENetwork Trends
Monday, October 7, 2019 - 3:30pm | 1029World Wrestling Entertainment, Inc. (NYSE: WWE) saw its "premiere week" experience a series of highs and lows for the brand. Ratings Wins The company kicked off Sept. 30 with the season premiere of its long-running flagship show, "Monday Night Raw," on USA Network. The...
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Benchmark Upgrades WWE, Sees Improving Engagement Metrics Ahead
Friday, July 26, 2019 - 11:50am | 392Despite a mixed second quarter, World Wrestling Entertainment, Inc. (NYSE: WWE) is up more than 10% following Thursday's earnings print. WWE’s quarter also inspired an analyst upgrade. The Analyst Benchmark analyst Mike Hickey upgraded WWE from Hold to Buy and set a $90 price target for...
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MKM Says WWE Network Update Could Be A Multi-Stage Initiative
Thursday, July 25, 2019 - 11:20am | 354The relaunch of World Wrestling Entertainment, Inc’s (NYSE: WWE) WWE Network is a positive for its direct-to-consumer service and may include a number of changes over time, according to MKM Partners. The Analyst MKM’s Eric Handler maintained a Buy rating on WWE with a price target...
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Bruised And Battered, But Not Broken: Wall Street Reacts To WWE's Earnings Miss
Friday, April 26, 2019 - 1:33pm | 592World Wrestling Entertainment, Inc (NYSE: WWE) stock traded lower by another 3.8 percent on Friday after the company reported a first-quarter earnings and revenue miss. The stock is now down 16.2 percent overall since Thursday's print. WWE reported a first-quarter EPS loss of 11 cents on...
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WWE's Stock Slammed On Big Q1 Earnings Miss
Thursday, April 25, 2019 - 11:28am | 376World Wrestling Entertainment, Inc. (NYSE: WWE) stock is down more than 9 percent Thursday after the company’s first-quarter earnings report fell short of market expectations. What Happened WWE reported a first-quarter EPS loss of 11 cents on revenue of $182.4 million. Both numbers were well...
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Analyst: WWE Network Subscriber Data Bullish Ahead Of WrestleMania
Monday, April 1, 2019 - 9:53am | 383With WrestleMania less than a week away, one Wall Street analyst likes what he sees in the World Wrestling Entertainment, Inc. (NYSE: WWE) network subscriber trends. The Analyst KeyBanc analyst Evan Wingren reiterated his Overweight rating and $104 price target for WWE. The Thesis KeyBanc’s...
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4 Bullish Catalysts For WWE's Stock Following WrestleMania
Tuesday, March 26, 2019 - 12:17pm | 418WrestleMania 35 is less than two weeks away for World Wrestling Entertainment Inc (NYSE: WWE) and its investors, but one Wall Street analyst said WrestleMania is just the beginning of the bullish catalysts on the horizon for WWE. The Analyst MKM Partners analyst Eric Handler reiterated his Buy...