BATRK Stock Analysis: Atlanta Braves Holdings | NASDAQ

Entertainment | NASDAQ, USA | Market Cap: 3.363m USD | 12M Return: 27.4% | US0477263026 | Charts, Fundamentals & Technical Analysis

Baseball Operations, Stadium Management, Mixed-Use Development, Entertainment Venues
Total Rating 38
Safety 28
Buy Signal 0.00
Entertainment
Industry Rotation: +1.2
Market Cap: 3.36B
Avg Turnover: 25.3M
Risk 3d forecast
Volatility19.5%
VaR 5th Pctl3.33%
VaR vs Median3.65%
Reward TTM
Sharpe Ratio1.06
Rel. Str. IBD74.4
Rel. Str. Peer Group58.9
Character TTM
Beta0.397
Beta Downside0.275
Hurst Exponent0.513
Drawdowns 3y
Max DD18.72%
CAGR/Max DD0.65
CAGR/Mean DD1.78
EPS (Earnings per Share) EPS (Earnings per Share) of BATRK over the last years for every Quarter: "2021-09": 0.39, "2021-12": -0.25, "2022-03": -0.25, "2022-06": 0.47, "2022-09": -0.32, "2022-12": -0.9, "2023-03": -1.11, "2023-06": -0.5, "2023-09": -0.1, "2023-12": -0.523, "2024-03": -0.83, "2024-06": 0.46, "2024-09": 0.16, "2024-12": -0.31, "2025-03": -0.66, "2025-06": 0.46, "2025-09": 0.47, "2025-12": -0.66, "2026-03": -0.63, "2026-06": -0.19,
Last SUE: -2.77
Qual. Beats: -1
Revenue Revenue of BATRK over the last years for every Quarter: 2021-09: 234, 2021-12: 97.717, 2022-03: 21.53, 2022-06: 250.325, 2022-09: 245.447, 2022-12: 71.259, 2023-03: 30.972, 2023-06: 270.123, 2023-09: 271.824, 2023-12: 67.748, 2024-03: 37.08, 2024-06: 282.876, 2024-09: 290.674, 2024-12: 52.118, 2025-03: 47.211, 2025-06: 312.44, 2025-09: 311.538, 2025-12: 61.303, 2026-03: 72.007, 2026-06: 305.119,
Rev. CAGR: 6.69%
Rev. Trend: 96.1%
Last SUE: -0.12
Qual. Beats: 0

Warnings

High Debt/EBITDA With Thin Interest Coverage
Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone

Tailwinds

No distinct edge detected

Seasonality 10.4 years of data

Jan +2.3% 35
Feb -2.8% 9
Mar -1.0% 21
Apr -0.8% 12
May +0.3% 15
Jun +2.8% 31
Jul +0.9% 14
Aug -0.8% 14
Sep +0.7% 6
Oct -0.6% 19
Nov -1.6% 6
Dec +0.1% 8

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: BATRK Atlanta Braves Holdings

Atlanta Braves Holdings, Inc. (BATRK) is the parent entity that, through its subsidiary Braves Holdings, LLC, owns and operates the Atlanta Braves Major League Baseball Club. The company operates two business segments: Baseball and Mixed-Use Development. It also operates the teams ballpark located in Cobb County, a suburb of Atlanta, Georgia, where the company is headquartered. The company was incorporated in 2022.

Beyond the baseball franchise, the company is engaged in mixed-use development activities, including retail, office, hotel, and entertainment operations, primarily centered on The Battery Atlanta, a development built around the teams ballpark. This dual-segment model combines sports franchise operations with adjacent real estate and hospitality revenue streams, a structure increasingly common among major professional sports ownership groups.

BATRK trades on NASDAQ and is classified within the Communication Services sector under the Movies & Entertainment sub-industry, reflecting how publicly traded sports and entertainment assets are grouped in standard industry classifications.

Headlines to Watch Out For
  • Braves playoff appearances boost ticket and concession revenue
  • The Battery Atlanta mixed-use development expands lease income
  • MLB national broadcast rights deal reshapes revenue mix
Piotroski VR-10 (Strict) 3.5
Net Income: -64.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA 5.83 > 1.0
NWC/Revenue: -39.74% < 20% (prev -19.17%; Δ -20.57% < -1%)
CFO/TA 0.17 > 3% & CFO 292.9m > Net Income -64.2m
Net Debt (870.3m) to EBITDA (53.0m): 16.42 < 3
Current Ratio: 0.49 > 1.5 & < 3
Outstanding Shares: last quarter (64.4m) vs 12m ago 0.42% < -2%
Gross Margin: 17.14% > 18% (prev 20.41%; Δ -3.27% > 0.5%)
Asset Turnover: 43.80% > 50% (prev 41.72%; Δ 2.09% > 0%)
Interest Coverage Ratio: -0.61 > 6 (EBIT TTM -28.7m / Interest Expense TTM 47.2m)
Altman Z'' -2.03
A: -0.17 (Total Current Assets 287.9m - Total Current Liabilities 585.9m) / Total Assets 1.74b
B: -0.38 (Retained Earnings -661.7m / Total Assets 1.74b)
C: -0.02 (EBIT TTM -28.7m / Avg Total Assets 1.71b)
D: 0.42 (Book Value of Equity 514.3m / Total Liabilities 1.21b)
Altman-Z'' = -2.03 = D
Beneish M -2.54
DSRI: 1.34 (Receivables 86.8m/60.7m, Revenue 750.0m/702.4m)
GMI: 1.19 (GM 20.41% / 17.14%)
AQI: 1.01 (AQ_t 0.34 / AQ_t-1 0.34)
SGI: 1.07 (Revenue 750.0m / 702.4m)
TATA: -0.21 (NI -64.2m - CFO 292.9m) / TA 1.74b)
Beneish M = -2.54 (Cap -4..+1) = A
What is the price of BATRK shares?

As of October 08, 2026, the stock is trading at USD 51.96 with a total of 684,232 shares traded. Over the past week, the price has changed by -1.85%, over one month by +2.97%, over three months by -1.72% and over the past year by +27.38%.

Current recommended Stop Loss: 50.40 (which is 3% or 1.3 ATR below the current price).

Is BATRK a buy, sell or hold?

Atlanta Braves Holdings has received a consensus analysts rating of 3.80. Therefore, it is recommended to hold BATRK.

  • StrongBuy: 3
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the BATRK price?
Analysts Target Price 63.4 22%
Atlanta Braves Holdings (BATRK) - Fundamental Data Overview as of 08 October 2026
Market Cap USD = 3.36b (3.36b USD * 1.0 USD.USD)
P/E Forward = 2500.0
P/S = 4.4843
P/B = 6.6529
Revenue TTM = 750.0m USD
EBIT TTM = -28.7m USD
EBITDA TTM = 53.0m USD
Long Term Debt = 459.9m USD (from longTermDebt, last quarter)
Short Term Debt = 333.2m USD (from shortTermDebt, last quarter)
Debt = 986.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 96.7m
Net Debt = 870.3m USD (calculated: Debt 986.5m - CCE 116.3m)
Enterprise Value = 4.23b USD (3.36b + Debt 986.5m - CCE 116.3m)
Interest Coverage Ratio = -0.61 (Ebit TTM -28.7m / Interest Expense TTM 47.2m)
EV/FCF = 26.49x (Enterprise Value 4.23b / FCF TTM 159.8m)
FCF Yield = 3.77% (FCF TTM 159.8m / Enterprise Value 4.23b)
FCF Margin = 21.31% (FCF TTM 159.8m / Revenue TTM 750.0m)
Net Margin = -8.56% (Net Income TTM -64.2m / Revenue TTM 750.0m)
Gross Margin = 17.14% ((Revenue TTM 750.0m - Cost of Revenue TTM 621.4m) / Revenue TTM)
Gross Margin QoQ = 15.90% (prev -8.32%)
Tobins Q-Ratio = 2.43 (Enterprise Value 4.23b / Total Assets 1.74b)
Interest Expense / Debt = 4.78% (Interest Expense 47.2m / Debt 986.5m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -22.7m (EBIT -28.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.49 (Total Current Assets 287.9m / Total Current Liabilities 585.9m)
Debt / Equity = 1.92 (Debt 986.5m / totalStockholderEquity, last quarter 514.3m)
Debt / EBITDA = 16.42 (Net Debt 870.3m / EBITDA 53.0m)
Debt / FCF = 5.45 (Net Debt 870.3m / FCF TTM 159.8m)
Total Stockholder Equity = 529.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.75% (Net Income -64.2m / Total Assets 1.74b)
RoE = -12.11% (Net Income TTM -64.2m / Total Stockholder Equity 529.9m)
RoCE = -2.90% (EBIT -28.7m / Capital Employed (Equity 529.9m + L.T.Debt 459.9m))
 RoIC = -1.56% (negative operating profit) (NOPAT -22.7m / Invested Capital 1.45b)
 WACC = 6.56% (E(3.36b)/V(4.35b) * Re(7.38%) + D(986.5m)/V(4.35b) * Rd(4.78%) * (1-Tc(0.21)))
Discount Rate = 7.38% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.14 | Cagr: 1.76%
[DCF] Terminal Value 77.97% ; FCFF base≈118.5m ; Y1≈135.8m ; Y5≈199.9m
[DCF] Fair Price = 40.42 (EV 3.01b - Net Debt 870.3m = Equity 2.14b / Shares 52.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -2.77 | # QB: -1
Revenue Correlation: 96.06 | Revenue CAGR: 6.69% | SUE: -0.12 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.47 | Chg30d=-22.53% | Revisions=+25% | Analysts=3
EPS current Year (2026-12-31): EPS=-0.69 | Chg30d=N/A | Revisions=+25% | GrowthEPS=-861.6% | GrowthRev=+8.3%
EPS next Year (2027-12-31): EPS=-0.59 | Chg30d=N/A | Revisions=+25% | GrowthEPS=+15.0% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: +50% (up=3, down=0)