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Atlanta Braves Holdings Inc

Atlanta Braves Holdings Inc

BATRA
$56.66USD↓-1.89%-1.09 today

MARKET CAP

3.3B

P/E (TTM)

—

FWD P/E

181.4x

DAY RANGE

$56 – $58

52W RANGE

$42
$58

AI Summary

Stalk
Buy NowHigh

In Stage 2, BATRA uptrend remains intact with persistent higher highs and higher lows, supported by rising EMAs and constructive volume. The active Higher Highs & Higher Lows pattern confirms bullish asymmetry, while near-term consolidation around moving averages shows overbought readings but no clear exhaustion. Short-term price is holding above the 9 and 20 EMA, favoring bullish entries now in the EMA support zone.

  • ↑Q1 2026 total revenue rose to $72M from $47.2M year-ago (+53% YoY).
  • ↑Baseball segment revenue hit $45.7M in Q1, driven by strong home-game attendance.
  • ↓Negative earnings yield and low profitability metrics undermine returns.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Atlanta Braves Holdings, Inc. (NASDAQ: BATRA) is a professional sports franchise and mixed-use real estate development entity, operating primarily in Major League Baseball (MLB). The company owns the Atlanta Braves baseball team and has developed the Battery Atlanta, a vibrant destination that combines sports, retail, dining, and entertainment experiences. The Braves are established in a competitive market with a focus on enhancing fan engagement and generating multiple revenue streams, notably through its new Braves Vision streaming service aimed at capturing local broadcasting rights.

Bull says

  • ↑Q1 2026 total revenue rose to $72M from $47.2M year-ago (+53% YoY).
  • ↑Baseball segment revenue hit $45.7M in Q1, driven by strong home-game attendance.
  • ↑Battery Atlanta mixed-use revenue climbed to $26.3M from $18.6M (+41% YoY).
  • ↑Average attendance at 33,000 tickets per game with seven early sellouts.
  • ↑Braves Vision streaming launch enhances local media control and recurring revenue.
  • ↑High momentum factors, effective debt use in low-rate environment, and a 9.18% dividend yield support upside

Bear says

  • ↓Negative earnings yield and low profitability metrics undermine returns.
  • ↓Net debt increased from ~$400M to ~$600M, elevating leverage risk.
  • ↓Severe liquidity constraints signal potential cash-flow volatility.
  • ↓Revenue seasonality exposes off-peak months to cash shortfalls.
  • ↓Recent analyst downgrades to Hold/Sell reflect weak sentiment.
  • ↓Rising operational expenses could further compress margins

Investment themes with BATRA

Streaming Services↑ +0.15%

Providers of video and audio streaming platforms

NFLX · DIS · SPOT

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-12-2026neutral

Transcript signals

Bull points

  • The start of the baseball season was clearly reflected across the Battery Atlanta with increased activity throughout the district as fans returned to Truist Park and visitors engaged with the broader mix of restaurants, entertainment venues, retail, office, hotel, and residential offerings.
  • The strength of the multi-use nature of the Battery continues to be one of the key differentiators of the portfolio.
  • We currently have five new or extended deals signed, which represent nearly 50,000 square feet of new tenant space.

Bear points

  • Distribution revenue payments will come in on a slower cadence than our traditional rights fee model payments were received, creating a sizable shift in the timing of cash receipts.
  • 41.3 million in the first quarter of 2026, as compared to an operating loss of 44.5 million in the first quarter of 2025, primarily due to revenue outpacing increases in operating and SG&A expenses.
  • A number of factors could cause actual results to differ materially from those anticipated, including those set forth in the risk factors section of our annual and quarterly reports filed with the SEC.
Read full transcript analysis ›