Shares of Live Nation Entertainment, Inc. (NYSE:LYV – Get Free Report) have been given a consensus rating of “Moderate Buy” by the twenty-four analysts that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and twenty have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $195.7143.
Several equities research analysts have recently commented on the company. Citizens Jmp lifted their target price on Live Nation Entertainment from $190.00 to $215.00 and gave the company a “market outperform” rating in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $205.00 price objective on shares of Live Nation Entertainment in a report on Friday. Rothschild & Co Redburn increased their price target on Live Nation Entertainment from $193.00 to $195.00 in a report on Wednesday, May 6th. Morgan Stanley increased their price objective on shares of Live Nation Entertainment from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. lifted their target price on Live Nation Entertainment from $180.00 to $205.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st.
View Our Latest Report on Live Nation Entertainment
Live Nation Entertainment News Summary
- Positive Sentiment: Live Nation reported second-quarter revenue of approximately $7.67 billion, up 9.4% year over year and above the $7.56 billion consensus estimate. Adjusted earnings of $1.05 per share also exceeded expectations, while results benefited from record attendance, Ticketmaster growth, sponsorship gains and strong international demand. Live Nation beats quarterly revenue estimates on resilient concert demand
- Positive Sentiment: Management reportedly raised full-year expectations, and analysts at Benchmark and BTIG maintained bullish views with $215 price targets. Susquehanna also increased its target to $187, although it retained a neutral rating. Analyst price-target updates
- Neutral Sentiment: The quarter showed strong demand but a mixed profit profile: adjusted operating income rose only 2% to $817 million, while concerts adjusted operating income declined 14%. Management expects much of the concerts segment’s improvement to arrive in the fourth quarter, making the earnings outlook unusually back-end loaded. Live Nation’s 2026 Inflection Point Tests Demand Against Execution
- Negative Sentiment: Investors may be taking profits because the stock recently traded near its 52-week high while its valuation remains demanding. Analysts also cited cost pressures, venue pre-opening expenses, international festival investments, substantial leverage and ongoing legal uncertainty as risks to future returns. Is LYV Stock Overvalued After Its Strong Rally and Earnings Beat?
Live Nation Entertainment Stock Down 5.0%
NYSE LYV opened at $174.46 on Thursday. Live Nation Entertainment has a one year low of $125.34 and a one year high of $188.00. The firm has a market cap of $41.09 billion, a PE ratio of -154.38 and a beta of 1.11. The company has a debt-to-equity ratio of 13.93, a current ratio of 0.88 and a quick ratio of 0.88. The stock’s 50 day simple moving average is $175.01 and its 200 day simple moving average is $162.29.
Live Nation Entertainment (NYSE:LYV – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.39. Live Nation Entertainment had a return on equity of 53.31% and a net margin of 0.34%.The business had revenue of $7.67 billion during the quarter, compared to analysts’ expectations of $7.56 billion. During the same period in the previous year, the business posted $0.41 earnings per share. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Live Nation Entertainment will post 0.94 earnings per share for the current fiscal year.
Insider Transactions at Live Nation Entertainment
In related news, EVP John Hopmans sold 93,078 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $166.07, for a total transaction of $15,457,463.46. Following the sale, the executive vice president owned 188,751 shares in the company, valued at approximately $31,345,878.57. This represents a 33.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael Rowles sold 63,776 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $164.24, for a total value of $10,474,570.24. Following the sale, the executive vice president owned 204,716 shares in the company, valued at approximately $33,622,555.84. This represents a 23.75% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.89% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Live Nation Entertainment
A number of large investors have recently added to or reduced their stakes in LYV. Axxcess Wealth Management LLC raised its position in shares of Live Nation Entertainment by 4.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 1,602 shares of the company’s stock valued at $228,000 after purchasing an additional 75 shares during the period. Vident Advisory LLC increased its holdings in shares of Live Nation Entertainment by 2.1% during the second quarter. Vident Advisory LLC now owns 3,622 shares of the company’s stock worth $548,000 after purchasing an additional 75 shares during the period. Prairie Wealth Advisors Inc. raised its holdings in Live Nation Entertainment by 5.0% in the 3rd quarter. Prairie Wealth Advisors Inc. now owns 1,665 shares of the company’s stock valued at $272,000 after acquiring an additional 80 shares in the last quarter. Sumitomo Life Insurance Co. raised its stake in Live Nation Entertainment by 1.2% in the fourth quarter. Sumitomo Life Insurance Co. now owns 6,821 shares of the company’s stock valued at $972,000 after purchasing an additional 82 shares in the last quarter. Finally, Root Financial Partners LLC raised its position in shares of Live Nation Entertainment by 37.4% in the 4th quarter. Root Financial Partners LLC now owns 312 shares of the company’s stock valued at $44,000 after buying an additional 85 shares in the last quarter. Institutional investors own 74.52% of the company’s stock.
Live Nation Entertainment Company Profile
Live Nation Entertainment is a global live entertainment company that promotes, operates and sells tickets for live events. The company’s core activities include concert promotion and production, venue operations and management, ticketing services through its Ticketmaster platform, artist management and development, and sponsorship and advertising services tied to live events. These integrated businesses are designed to connect artists, fans and commercial partners across the live event ecosystem.
The company in its current form was created following the 2010 merger of Live Nation and Ticketmaster, combining a promoter and venue operator with one of the industry’s largest ticketing platforms.
Featured Stories
- Five stocks we like better than Live Nation Entertainment
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Receive News & Ratings for Live Nation Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Live Nation Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.
