BATRK Stock Analysis: Atlanta Braves Holdings | NASDAQ

Entertainment | NASDAQ, USA | Market Cap: 3.335m USD | 12M Return: 12.3% | Charts, Fundamentals & Technical Analysis

Baseball Operations, Mixed-Use Development, Entertainment Venues, Stadium Operations
Total Rating 38
Safety 28
Buy Signal 0.50
Entertainment
Industry Rotation: +1.5
Market Cap: 3.34B
Avg Turnover: 31.2M
Risk 3d forecast
Volatility23.2%
VaR 5th Pctl4.00%
VaR vs Median4.84%
Reward TTM
Sharpe Ratio0.50
Rel. Str. IBD73.9
Rel. Str. Peer Group59.7
Character TTM
Beta0.502
Beta Downside0.424
Hurst Exponent0.495
Drawdowns 3y
Max DD19.63%
CAGR/Max DD0.42
CAGR/Mean DD0.92
EPS (Earnings per Share) EPS (Earnings per Share) of BATRK over the last years for every Quarter: "2021-06": 0.39, "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,
Last SUE: 0.94
Qual. Beats: 1
Revenue Revenue of BATRK over the last years for every Quarter: 2021-06: 216, 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,
Rev. CAGR: 6.79%
Rev. Trend: 96.2%
Last SUE: 0.05
Qual. Beats: 0

Warnings

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

Tailwinds

Avwap Ph Week

Seasonality 10.2 years of data

Jan +2.3% 35
Feb -2.8% 9
Mar -1.0% 21
Apr -0.3% 0
May +0.3% 15
Jun +1.8% 29
Jul +0.9% 19
Aug -0.6% 8
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. (NASDAQ: BATRK) owns and operates the Atlanta Braves Major League Baseball Club through its subsidiary, Braves Holdings, LLC, conducting business across two reportable segments: Baseball and Mixed-Use Development.

The Baseball segment centers on the franchise and its ballpark located in Cobb County, a suburb of Atlanta, while the Mixed-Use Development segment manages retail, office, hotel, and entertainment operations at The Battery Atlanta, a commercial district built adjacent to the stadium. This stadium-anchored, mixed-use development model has become an increasingly common approach among MLB franchises seeking to diversify revenue streams beyond ticket sales, concessions, and media rights.

Headquartered in Atlanta, Georgia, and incorporated in 2022, the company is classified within the Communication Services sector under the Movies & Entertainment sub-industry in the GICS framework, reflecting its blend of professional sports operations and entertainment-driven real estate.

Headlines to Watch Out For
  • Braves playoff performance drives ticket and concession revenue
  • The Battery Atlanta mixed-use development occupancy expands
  • MLB national media rights deal lifts team revenue share
Piotroski VR-10 (Strict) 3.5
Net Income: -22.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA 7.99 > 1.0
NWC/Revenue: -35.16% < 20% (prev -13.75%; Δ -21.41% < -1%)
CFO/TA 0.17 > 3% & CFO 286.5m > Net Income -22.5m
Net Debt (740.0m) to EBITDA (105.9m): 6.99 < 3
Current Ratio: 0.46 > 1.5 & < 3
Outstanding Shares: last quarter (63.8m) vs 12m ago 1.95% < -2%
Gross Margin: 20.70% > 18% (prev 21.10%; Δ -0.41% > 0.5%)
Asset Turnover: 44.96% > 50% (prev 40.02%; Δ 4.94% > 0%)
Interest Coverage Ratio: 0.56 > 6 (EBIT TTM 26.4m / Interest Expense TTM 47.3m)
Altman Z'' -1.71
A: -0.16 (Total Current Assets 224.6m - Total Current Liabilities 490.9m) / Total Assets 1.69b
B: -0.38 (Retained Earnings -649.5m / Total Assets 1.69b)
C: 0.02 (EBIT TTM 26.4m / Avg Total Assets 1.68b)
D: 0.45 (Book Value of Equity 519.0m / Total Liabilities 1.16b)
Altman-Z'' = -1.71 = D
Beneish M -2.92
DSRI: 0.96 (Receivables 29.9m/27.6m, Revenue 757.3m/672.9m)
GMI: 1.02 (GM 21.10% / 20.70%)
AQI: 1.08 (AQ_t 0.35 / AQ_t-1 0.32)
SGI: 1.13 (Revenue 757.3m / 672.9m)
TATA: -0.18 (NI -22.5m - CFO 286.5m) / TA 1.69b)
Beneish M = -2.92 (Cap -4..+1) = A
What is the price of BATRK shares?

As of July 14, 2026, the stock is trading at USD 52.56 with a total of 532,191 shares traded. Over the past week, the price has changed by +1.08%, over one month by +3.42%, over three months by +18.62% and over the past year by +12.31%.

Current recommended Stop Loss: 50.80 (which is 3.3% or 1.4 ATR below the current price).

Is BATRK a buy, sell or hold?

Atlanta Braves Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy BATRK.

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

What are the forecasts/targets for the BATRK price?
Analysts Target Price 59.8 13.8%
Atlanta Braves Holdings (BATRK) - Fundamental Data Overview as of 08 July 2026
Market Cap USD = 3.34b (3.34b USD * 1.0 USD.USD)
P/E Forward = 238.0952
P/S = 4.4045
P/B = 6.5224
Revenue TTM = 757.3m USD
EBIT TTM = 26.4m USD
EBITDA TTM = 105.9m USD
Long Term Debt = 493.4m USD (from longTermDebt, last quarter)
Short Term Debt = 215.7m USD (from shortTermDebt, last quarter)
Debt = 908.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 99.9m
Net Debt = 740.0m USD (calculated: Debt 908.9m - CCE 168.9m)
Enterprise Value = 4.08b USD (3.34b + Debt 908.9m - CCE 168.9m)
Interest Coverage Ratio = 0.56 (Ebit TTM 26.4m / Interest Expense TTM 47.3m)
EV/FCF = 26.76x (Enterprise Value 4.08b / FCF TTM 152.3m)
FCF Yield = 3.74% (FCF TTM 152.3m / Enterprise Value 4.08b)
FCF Margin = 20.11% (FCF TTM 152.3m / Revenue TTM 757.3m)
Net Margin = -2.97% (Net Income TTM -22.5m / Revenue TTM 757.3m)
Gross Margin = 20.70% ((Revenue TTM 757.3m - Cost of Revenue TTM 600.6m) / Revenue TTM)
Gross Margin QoQ = -8.32% (prev 20.09%)
Tobins Q-Ratio = 2.42 (Enterprise Value 4.08b / Total Assets 1.69b)
Interest Expense / Debt = 5.20% (Interest Expense 47.3m / Debt 908.9m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 20.9m (EBIT 26.4m * (1 - 21.00%))
Current Ratio = 0.46 (Total Current Assets 224.6m / Total Current Liabilities 490.9m)
Debt / Equity = 1.75 (Debt 908.9m / totalStockholderEquity, last quarter 519.0m)
Debt / EBITDA = 6.99 (Net Debt 740.0m / EBITDA 105.9m)
Debt / FCF = 4.86 (Net Debt 740.0m / FCF TTM 152.3m)
Total Stockholder Equity = 532.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.33% (Net Income -22.5m / Total Assets 1.69b)
RoE = -4.22% (Net Income TTM -22.5m / Total Stockholder Equity 532.0m)
RoCE = 2.58% (EBIT 26.4m / Capital Employed (Equity 532.0m + L.T.Debt 493.4m))
RoIC = 1.52% (NOPAT 20.9m / Invested Capital 1.37b)
WACC = 6.97% (E(3.34b)/V(4.24b) * Re(7.75%) + D(908.9m)/V(4.24b) * Rd(5.20%) * (1-Tc(0.21)))
Discount Rate = 7.75% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 83.15 | Cagr: 1.36%
[DCF] Terminal Value 77.97% ; FCFF base≈98.3m ; Y1≈112.7m ; Y5≈165.9m
[DCF] Fair Price = 33.24 (EV 2.50b - Net Debt 740.0m = Equity 1.76b / Shares 52.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.94 | # QB: 1
Revenue Correlation: 96.18 | Revenue CAGR: 6.79% | SUE: 0.05 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.39 | Chg30d=-41.79% | Revisions=-25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.61 | Chg30d=-45.34% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=0.02 | Chg30d=+133.33% | Revisions=+25% | GrowthEPS=-77.9% | GrowthRev=+7.5%
EPS next Year (2027-12-31): EPS=0.02 | Chg30d=-94.70% | Revisions=+25% | GrowthEPS=-16.7% | GrowthRev=+3.7%
[Analyst] Revisions Ratio: +17% (up=2, down=1)