News and markets

WWE and Disney expand partnership with a two-day ESPN event

Published November 7, 2026 · Updated November 7, 2026 · 4 sources

WWE and Disney announced a December 14-15 takeover of ESPN Wide World of Sports, with The John Cena Classic. Here is what happened and who is exposed.

The exposed companies and what ATLAS says about each

Price change between the last close before the event and the latest available close. It is a coincidence in time, not a cause-and-effect relationship.

Walt DisneyDIS

−0.03%

Named in the WWE partnership expansion, including the ESPN Wide World of Sports event and Marvel-themed programming. · Communication Services

Disney is a named partner in the announcement, which covers the ESPN Wide World of Sports event and Marvel-themed programming [2]. Its close was $117.22 on November 5 and $117.18 on November 6, down 0.03%, a coincidence in time and not a proven link. Its next earnings report is November 17 before the open, with estimated EPS of 1.67.

Price between closes
$117.22 $117.18Close of November 5 and November 6
Fair value (ATLAS)
$206.67Fair range: $152.78 to $276.79The price ($117.18) is 43.3% below that figure.
Chance of a rise in 1 month
52%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $112.29 and $123.00; 9 in 10, between $103.57 and $133.35.
Next earnings
November 17, 2026 (before the open)Estimated EPS: 1.67 $Earnings results page on ATLAS · Earnings calendar for DIS
Recent results (EPS)
  • Aug 52.06 actual vs 1.85 est.Beat expectations
  • May 61.57 actual vs 1.50 est.Beat expectations
  • Mar 24-1.00 actual vs -0.40 est.Fell short
  • Feb 21.63 actual vs 1.58 est.Beat expectations
Dividend
1.28% dividend yield
See the full ATLAS analysis of Walt Disney →

TKO GroupTKO

−0.48%

Parent company of WWE, the promoter of The John Cena Classic. · Communication Services

TKO Group is the parent company of WWE, the promoter of The John Cena Classic; it is included for its activity in the sector, not because the event affects it. Its close was $189.14 on November 5 and $188.23 on November 6, down 0.48%, a coincidence in time between two closes.

Price between closes
$189.14 $188.23Close of November 5 and November 6
Fair value (ATLAS)
$193.68Fair range: $83.95 to $442.36The price ($188.23) is 2.8% below that figure: close to its fair value.
Chance of a rise in 1 month
51%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $178.96 and $198.76; 9 in 10, between $163.07 and $218.13.
Recent results (EPS)
  • Nov 41.33 actual vs 1.20 est.Beat expectations
  • Aug 31.34 actual vs 1.09 est.Beat expectations
  • Jun 110.31 actual vs 0.17 est.Beat expectations
  • May 61.12 actual vs 1.14 est.In line
Dividend
1.67% dividend yield
See the full ATLAS analysis of TKO Group →

NetflixNFLX

−2.36%

Listed among the platforms broadcasting WWE content in the story. · Communication Services

Netflix is listed among the platforms that carry WWE content, and the announcement says The John Cena Classic will stream live on it [1][2]. Its close was $65.56 on November 5 and $64.01 on November 6, down 2.36%. This is a coincidence in time between two closes, and the sources do not tie it to the announcement.

Price between closes
$65.56 $64.01Close of November 5 and November 6
Fair value (ATLAS)
$71.40Fair range: $53.63 to $95.06The price ($64.01) is 10.4% below that figure.
Chance of a rise in 1 month
50%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $60.03 and $68.26; 9 in 10, between $53.58 and $76.48.
Recent results (EPS)
  • Oct 200.87 actual vs 0.82 est.Beat expectations
  • Jul 160.80 actual vs 0.79 est.In line
  • Apr 161.23 actual vs 1.32 est.Fell short
  • Jan 200.56 actual vs 0.55 est.In line
See the full ATLAS analysis of Netflix →

S&P 500 between the same closes (November 5 and November 6): 7,353.73 → 7,421.90 points, +0.93%.

What happened

WWE and The Walt Disney Company announced an expanded partnership, including a two-day takeover of the ESPN Wide World of Sports Complex near Orlando, Florida, on December 14-15 [2]. The John Cena Classic is set for December 14 and will stream live on Netflix [2]. Disney, TKO and Netflix are the listed companies with ties to the story.

WWE and Disney said they will hold a two-day takeover of ESPN Wide World of Sports Complex near Orlando, Florida, on December 14-15. The announcement describes the plan as an expansion of their partnership [2].

The first-ever John Cena Classic is set for Monday, December 14. It will feature WWE's biggest names from Raw and SmackDown against future Superstars from NXT. Members of Club WWE will vote in real time for the night's top Superstar, and the event will stream live on Netflix as a special edition of Monday Night Raw [2].

On Tuesday, December 15, WWE will stage an Avengers: Doomsday edition of Worlds Collide, ahead of the film's U.S. theatrical release on December 18 [2].

Fox News reported that John Cena personally invited Zilla Fatu to join the field for the John Cena Classic [3]. A WWE NXT highlight page also refers to Kam Hendrix attempting to enter the event [1].

What ATLAS data show

ATLAS model estimates are not promises. For Disney, the fair value estimate is $206.67 within a range of $152.78 to $276.79, and the price is 43.30% below that value. For TKO, the estimate is $193.68 (range $83.95 to $442.36), with the price 2.82% below it. For Netflix, the estimate is $71.40 (range $53.63 to $95.06), with the price 10.35% below it. These figures describe the model's view and are not advice.

Two prices falling or rising at the same time as a news item is a coincidence in time, not causality. The figures come from closes on November 5 and November 6 and may change. The S&P 500 rose 0.93% over the same period, from 7,353.73 to 7,421.90 points.

What you get with ATLAS

  • Fair value of each company, with its range, against today's price.
  • Chance of a rise in 1 month and the normal price range, from a calibrated model.
  • Earnings: next date, estimated EPS and surprise history.
  • Dividends and alerts by email when a company reports.
Create my ATLAS account →

Start in under a minute. Information, not advice.

Frequently asked questions

What did WWE and Disney announce?

They announced an expanded partnership with a two-day takeover of ESPN Wide World of Sports Complex near Orlando on December 14-15 [2].

Where can The John Cena Classic be watched?

The announcement says it will stream live on Netflix on December 14 as a special edition of Monday Night Raw [2].

Did the announcement move the share prices?

The sources do not say so. Disney fell 0.03%, TKO fell 0.48% and Netflix fell 2.36% between the November 5 and November 6 closes, which is only a coincidence in time.

Sources

  1. John Cena shuts down Kam Hendrix in savage exchange: NXT highlights, Nov. 4, 2026 · WWE
  2. WWE® & The Walt Disney Company Expand Partnership with Two-Day Takeover of ESPN Wide World of Sports Complex Featuring the John Cena Classic & Marvel Studios’ ‘Avengers: Doomsday’-Themed Worlds Coll · The Walt Disney Company · November 3, 2026
  3. John Cena finds next invitee to his namesake WWE showcase at NXT · Fox News · November 5, 2026
  4. A new Disney-WWE mashup has John Cena and the new Avengers movie working in tandem (DIS:NYSE) · Seeking Alpha

Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 7, 2026. How we calculate fair value.

Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer

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