WWE Q1 2022 financial estimate, potential bidders for U.S. live rights

WWE's share price (about $59 as of this writing) seems closer to fair value than in February, as the stock was then trading at under $56.

Is AEW’s business growing? At this point, the answer is “yes”

The data shows AEW's key metrics like TV ratings and pay-per-view sales have grown over time

Live event analysis of pro wrestling in the United States (non-WWE/AEW) for Q1 2022

2022 continued the progress made in 2021 since a general return to touring in July 2021.

Race demographics in TV wrestling viewership: AEW is still behind WWE with Black viewers

All Elite Wrestling programs have increased viewership with African American and Hispanic viewers, year-over-year, according to data shared with Wrestlenomics. AEW's portion of viewers who are people of color, though, is still well behind that of any of the three major WWE programs or even Impact Wrestling.

WWE’s next record-breaking year: media rights outlook, stagnant fan growth

Even as popularity wanes, current viewership of Raw and Smackdown is strong enough to justify an increase in U.S. payments for new deals that would begin in October 2024.

WWE is at least slightly undervalued

Estimating adjusted OIBDA for the next four quarters (Q1 2022 through Q4 2022) totaling $364.9 million. Based on a 12x multiple, WWE is undervalued.