LYV

Live Nation Entertainment Inc

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148.270

-1.02(-0.683%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

150.690

Open

149.530

VWAP

148.26

Vol

3.59M

Mkt Cap

34.30B

Low

146.390

Amount

532.92M

EV/EBITDA(TTM)

19.84

Total Shares

231.44M

35.79B

EV/OCF(TTM)

17.40

P/S(TTM)

1.57

Live Nation Entertainment, Inc. is a live entertainment company. The Company is a producer of live music concerts. Its segments include Concerts, Ticketing and Sponsorship & Advertising. The Concerts segment principally involves the global promotion of live music events in its owned or operated venues and in rented third-party venues, the operation and management of music venues, the production of music festivals across the world, the creation of associated content and the provision of management and other services to artists. The Ticketing segment is an agency business that sells tickets for events on behalf of its clients. The Sponsorship & Advertising segment employs a sales force that creates and maintains relationships with sponsors through a combination of strategic, international, national, and local opportunities that allow businesses to reach customers through its concert, festival, venue and ticketing assets, including advertising on its Websites.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

6.30B

+10.97%

9.31B

+21.74%

6.90B

+14.49%

Estimates Revision

The market is revising Downward the revenue expectations for Live Nation Entertainment, Inc. (LYV) for FY2025, with the revenue forecasts being adjusted by -0.38% over the past three months. During the same period, the stock price has changed by 10.54%.

Revenue Estimates for FY2025

Revise Downward

-0.38%

In Past 3 Month

Stock Price

Go Up

+10.54%

In Past 3 Month

13 Analyst Rating

14.04% Upside

Wall Street analysts forecast LYV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LYV is 169.08 USD with a low forecast of 157.00 USD and a high forecast of 185.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

13 Buy

0 Hold

0 Sell

Strong Buy

14.04% Upside

Current: 148.270

Low

157.00

Averages

169.08

High

185.00

14.04% Upside

Current: 148.270

Low

157.00

Averages

169.08

High

185.00

Morgan Stanley

Overweight

maintain

$165 -> $185

2025-07-24

Reason

Morgan Stanley

Price Target

$165 -> $185

2025-07-24

maintain

Overweight

Reason

Morgan Stanley raised the firm's price target on Live Nation to $185 from $165 and keeps an Overweight rating on the shares. The firm lowered Q2 estimates to reflect the weather-related Bonnaroo cancellation, but views Live Nation as positioned well due to continued strong demand for concerts and sees "a compelling risk/reward," the analyst tells investors.

Morgan Stanley

Cameron Mansson-Perrone

Overweight

maintain

$165 -> $180

2025-07-24

Reason

Morgan Stanley

Cameron Mansson-Perrone

Price Target

$165 -> $180

2025-07-24

maintain

Overweight

Reason

Morgan Stanley analyst Cameron Mansson-Perrone raised the firm's price target on Live Nation to $180 from $165 and keeps an Overweight rating on the shares. The firm lowered Q2 estimates to reflect the weather-related Bonnaroo cancellation, but views Live Nation as positioned well due to continued strong demand for concerts and sees "a compelling risk/reward," the analyst tells investors.

Wolfe Research

Outperform

maintain

$160 -> $168

2025-06-10

Reason

Wolfe Research

Price Target

$160 -> $168

2025-06-10

maintain

Outperform

Reason

Wolfe Research raised the firm's price target on Live Nation to $168 from $160 and keeps an Outperform rating on the shares. The firm tells investors to not forget about Ticketmaster. The most valuable component of Live Nation could be wroth up to $145 per share on its own, the analyst tells investors in a research note. Wolfe believes live entertainment supply and demand "are enjoying a virtuous cycle driven by artist economics, streaming, and social media." Live Nation's management team and global portfolio of ticketing, promotion capability, venues and sponsorship sales position the company for years of double-digit profit growth, contends the firm.

Susquehanna

Joseph Stauff

Positive

maintain

$155 -> $165

2025-06-10

Reason

Susquehanna

Joseph Stauff

Price Target

$155 -> $165

2025-06-10

maintain

Positive

Reason

Susquehanna analyst Joseph Stauff raised the firm's price target on Live Nation to $165 from $155 and keeps a Positive rating on the shares. As Live Nation enters its peak season in June-September, investors are watching for the impact of a weakening consumer, margin pressures from a higher mix of lower-margin stadium shows in 2025, and the effectiveness of new artist pricing strategies, the analyst says in a research note. The Ticketmaster antitrust uncertainty is expected to persist at least until a related FTC ruling in late 2025, Susquehanna adds.

Bernstein

NULL -> Outperform

initiated

$185

2025-06-03

Reason

Bernstein

Price Target

$185

2025-06-03

initiated

NULL -> Outperform

Reason

Bernstein initiated coverage of Live Nation with an Outperform rating and $185 price target.

Benchmark

Matthew Harrigan

Strong Buy

Reiterates

$178

2025-04-01

Reason

Benchmark

Matthew Harrigan

Price Target

$178

2025-04-01

Reiterates

Strong Buy

Reason

Benchmark analyst Matthew Harrigan regards yesterday's Executive Order from the White House targeting secondary market ticket scalpers and price-gouging "largely as a positive" for Live Nation, but adds that it is "certainly not a definitive end to scrutiny" of Live Nation. The action targets the "laughably unenforced" BOTS Act for 2016 that made it illegal to use bots to acquire primary market tickets and then resell them in the secondary market at remarkable premiums and which was supported by Live Nation, notes the analyst, who maintains a Buy rating and $178 price target on Live Nation shares.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Live Nation Entertainment Inc (LYV.N) is 72.86, compared to its 5-year average forward P/E of 39.09. For a more detailed relative valuation and DCF analysis to assess Live Nation Entertainment Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

39.09

Current PE

72.86

Overvalued PE

140.95

Undervalued PE

-62.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

8.25

Current EV/EBITDA

15.40

Overvalued EV/EBITDA

59.55

Undervalued EV/EBITDA

-43.05

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.50

Current PS

1.31

Overvalued PS

2.28

Undervalued PS

0.73