HOW TO INVEST IN THE UFC

Endeavor, unlike most of the other IPOs of last year, has a lot of potential in the near future in my opinion. Endeavor is an industry leader in the entertainment, content compan, and sports sector. The company employs 7,700 people but is most popular for owning the UFC, an up and coming professional sports league that has been increasing growth annual at persitant rate.

The UFC has been around for close to two decades now but has just reached main stream popularity. Their recent partnership with the ESPN (draftkings too), Best fighters from all around the world that show off personalities in interviews daily, and their hit series The Ultimate Fighter were huge factors to their success. Elon Musk was even on their board until recently, probably because he is focusing on twitter now. But they don't need any other face for their organization because their president Dana White knows exactly how to promote and grow a business. While many entertainment and sports leagues had to stop due to covid, The UFC had record breaking years. They are beating paper view records card after card and nothing is stoping them, they can't even cancel Joe Rogan!

The company just reported earnings recently which rallied stocks 10%. The fact EPS beat expectations by 161% was a factor to the increase in price. Endeavor has not missed expectations since they have went public. They are so optimistic of their future they have raised expectations in revenue and analysts have even raised their expectations by 23% in earnings from $1.29 to $1.59. The target price has been well above the stock price at 37.25 and Piper Sandler even raised theirs after the report. They have a market cap of 13.36 billion, average volume of 1.04 million, based off of 12 analysts, over 8% recommended strong buy, over 58% recommend to buy, and 33.33% recommend to hold.The price currently stands towards the low range of its price targets which expresses a nice intrinsic value. RSI is perfect currently, as is DMI the MACD is showing a bullish trench but like the stochastic is high expressing overbought scenarios. Revenue has been growing the past few quarters and is not expected to stop. Many people are cautious of investing in recent IPOs and growth stocks but I have high hopes for Endeavor.