▼ -8.23% Downside Potential
This price target is based on 15 analysts offering 12 month price targets for World Wrestling Entertainment in the last 3 months. The average price target is $52.73, with a high forecast of $76.00 and a low forecast of $30.00. The average price target represents a -8.23% upside from the last price of $57.46.
The current consensus among 15 polled investment analysts is to buy stock in World Wrestling Entertainment. This Buy consensus rating has held steady for over two years.
World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through three segments: Media, Live Events, and Consumer Products. The Media segment engages in the production and monetization of long-form and short-form media content across various platforms, including WWE Network, pay television, and digital and social media, as well as filmed entertainment. The Live Events segment is involved in the sale of tickets, including primary and secondary distribution; provision of event services; and sale of travel packages related to its live events. The Consumer Products segment engages in merchandising of WWE branded products, such as video games, toys, apparels, and books through licensing arrangements and direct-to-consumer sales, as well as through e-commerce platforms. The company was founded in 1980 and is headquartered in Stamford, Connecticut.