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KeyBanc Expects Another Solid Quarter, Network Growth From WWE
Wednesday, January 23, 2019 - 10:34am | 383After a huge 2018, one Wall Street analyst said Wednesday 2019 will be another big year for World Wrestling Entertainment, Inc. (NYSE: WWE). The Analyst KeyBanc analyst Evan Wingren reiterated his Overweight rating and $104 price target for WWE. The Thesis Wingren said KeyBanc’s latest...
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Analyst: WWE's Big Run Will Continue
Friday, December 21, 2018 - 12:02pm | 369World Wrestling Entertainment, Inc. (NYSE: WWE) has been one of the few bright spots for investors in 2018, and one Wall Street analyst said Friday WWE’s big run should continue in 2019. The Analyst MKM Partners analyst Eric Handler reiterated his Buy rating and $95 price target for WWE. The...
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JPMorgan Sees 20% Upside For WWE, Multiple 2019 Catalysts
Friday, November 30, 2018 - 1:47pm | 400For the second time in a week, World Wrestling Entertainment, Inc. (NYSE: WWE) received some major love from Wall Street. The Analyst JPMorgan analyst Dan Karnovsky upgraded WWE from Neutral to Overweight and raised his price target from $84 to $87. The Thesis Karnovsky said the roughly 26-percent...
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KeyBanc: WWE's Stock Has 'More Room' For Long-Term Growth
Thursday, June 28, 2018 - 10:51am | 390Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) continued to hit new all-time highs Wednesday, but KeyBanc thinks the case for incremental upside can still be made. The Analyst Evan Wingren, equity research analyst at KeyBanc Capital Markets, maintains an Overweight rating on...
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Wall Street Bets Big On World Wrestling Entertainment's Future
Wednesday, June 27, 2018 - 3:30pm | 699World Wrestling Entertainment, Inc. (NYSE: WWE)’s annual average fees for its "Smackdown" and "Raw" programs will increase 3.6-fold to $524 million under new deals struck with Comcast Corporation (NASDAQ: CMCSA)’s USA Network and Twenty-First Century Fox Inc (NASDAQ...
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Network Subscribers Keep KeyBanc Bullish On WWE Following WrestleMania
Tuesday, April 10, 2018 - 9:15am | 375World Wrestling Entertainment, Inc. (NYSE: WWE)'s WrestleMania event was a success and the case for owning the stock remains compelling, according to KeyBanc. The Analyst KeyBanc Capital Markets' Evan Wingren maintains an Outperform rating on WWE's stock with an unchanged $43 price...
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WrestleMania Returns To New Orleans With WWE's Stock Back At All-Time Highs
Sunday, April 8, 2018 - 10:16am | 922World Wrestling Entertainment, Inc. (NYSE: WWE) on Sunday brought WrestleMania back to New Orleans for the first time since 2014. Four years may not seem like a long time, but it likely seems like a lifetime for WWE investors, who have been on quite a ride since WrestleMania last came to the Big...
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Analyst: WWE's Stock Is Worth A Buy Ahead Of WrestleMania Weekend
Friday, April 6, 2018 - 8:13am | 373World Wrestling Entertainment, Inc. (NYSE: WWE) will host its iconic WrestleMania event this weekend, which prompted KeyBanc to reiterate a bullish stance on the stock. The Analyst KeyBanc Capital Markets' Evan Wingren maintains an Overweight rating on World Wrestling Entertainment's...
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WWE Is Still A Heavyweight; KeyBanc Upgrades Stock Ahead Of TV Renewal Cycle
Monday, February 12, 2018 - 10:58am | 403World Wrestling Entertainment, Inc. (NYSE: WWE) stock has been on a tear in the past year, and the company may face difficulties in expanding its WWE Network subscriber count in the future. However, one analyst says investors shouldn’t be scared to take a chance on WWE stock. The Analyst...
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25 Biggest Moments In WWE's Wall Street History
Sunday, January 21, 2018 - 10:50am | 2103World Wrestling Entertainment, Inc. (NYSE: WWE) will be celebrating the 25-year anniversary of the company’s flagship weekly television show, "Raw," on Jan. 22, 2018. The first episode aired way back on Jan. 11, 1993, several years before WWE went public. From historic debuts and...
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WWE Could Be A Big Winner Amid A Fragmenting TV Landscape; Network Has Room For Growth
Wednesday, December 6, 2017 - 4:03pm | 393World Wrestling Entertainment, Inc. (NYSE: WWE) stock is up 58.5 percent in 2017, but one Wall Street analyst isn’t ready to tap out on the rally just yet. The Analyst JPMorgan analyst David Karnovsky initiated coverage of WWE with an Overweight rating and $37 price target. The Thesis...
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Can WWE Tag Team Over-The-Top And Traditional TV?
Friday, June 30, 2017 - 11:58am | 365World Wrestling Entertainment, Inc. (NYSE: WWE) made a bold move by abandoning its lucrative pay-per-view model and investing heavily in its own over-the-top WWE Network streaming service. However, that bold move may pay off for investors now that WWE is positioned to benefit from both traditional...
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Will The 'WrestleMania Short' Trade Work Again This Year?
Sunday, April 2, 2017 - 9:58am | 442With WrestleMania 33 upon us, World Wrestling Entertainment, Inc. (NYSE: WWE) shares may be perfectly positioned for a post-event short trade. Once again this year, WWE plans to host a post-WrestleMania conference call on Monday to update shareholders on WWE Network subscriber numbers. Last week,...
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High Ambitions And Free Promotions: The Slow Growth Of WWE Network
Friday, March 31, 2017 - 10:33am | 500World Wrestling Entertainment, Inc. (NYSE: WWE) is holding its biggest event of the year Sunday: WrestleMania 33. WWE management is reportedly hoping that this year’s event and the company’s monthlong free promotions will push WWE Network subscriptions above 2 million for WrestleMania....
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Citi Recommends WWE's Stock On Network Subscriber Projections
Monday, March 27, 2017 - 12:48pm | 368It’s never an easy decision for a successful company’s management to commit to a change in strategy to keep pace with the times. However, World Wrestling Entertainment, Inc. (NYSE: WWE)’s pivot from a pay-per-view (PPV) model to a subscription-based model has been a huge success,...