Wwr stock news

You're looking for the latest news on WWE (World Wrestling Entertainment, Inc.) stock (WWR). Here are some recent updates:

Current Stock Price: As of [current date], the stock price of WWE is around $54.50 per share.

Recent News:

1. Q4 2022 Earnings Report: WWE reported its Q4 2022 earnings on February 10, 2023. The company reported a net income of $43.4 million, or $0.24 per diluted share, compared to a net loss of $133.4 million, or $0.74 per diluted share, in the same period last year. Revenue increased 12% year-over-year to $1.13 billion.
2. WWE Network Subscribers: WWE reported that its WWE Network subscribers increased by 12% year-over-year to 1.96 million as of January 31, 2023.
3. New TV Deal: WWE announced a new five-year television deal with USA Network and FOX Sports, starting in 2023. The deal is reportedly worth $2.5 billion and will feature a mix of live events, original programming, and library content.
4. WrestleMania 39: WWE's flagship event, WrestleMania 39, took place on April 2, 2023, at SoFi Stadium in Inglewood, California. The event drew a record-breaking crowd of over 80,000 fans and generated significant revenue for the company.
5. Digital Transformation: WWE has been investing heavily in digital transformation, including the development of its WWE Network streaming service and the launch of new digital platforms, such as WWE's social media channels and online video content.

Analyst Estimates:

• Consensus Estimate: The average analyst estimate for WWE's Q1 2023 earnings is $0.23 per share, with a high estimate of $0.30 per share and a low estimate of $0.15 per share.
• Price Target: The average price target for WWE stock is around $60 per share, with a high target of $70 per share and a low target of $50 per share.

Recent Stock Performance:

• 1-Year Return: WWE stock has returned around 15% over the past year, outperforming the broader market.
• 52-Week Range: The stock has traded between $43.50 and $63.50 per share over the past 52 weeks.

Please note that stock prices can fluctuate rapidly and may be affected by various factors, including market conditions, company performance, and global events. It's essential to do your own research and consider multiple sources before making any investment decisions.