Live Nation Entertainment, Inc. (LYV)
NYSE: LYV · Real-Time Price · USD
108.15
+1.20 (1.12%)
At close: Sep 26, 2024, 4:00 PM
108.00
-0.15 (-0.14%)
After-hours: Sep 26, 2024, 6:09 PM EDT
Live Nation Entertainment Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for LYV stock have an average target of 119.46, with a low estimate of 100 and a high estimate of 132. The average target predicts an increase of 10.46% from the current stock price of 108.15.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for LYV stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 7 | 7 | 8 |
| Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Hold | 2 | 2 | 2 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 13 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $132 | Strong Buy | Reiterates | $132 | +22.05% | Sep 10, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $110 → $120 | Buy | Maintains | $110 → $120 | +10.96% | Sep 6, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $125 | Strong Buy | Initiates | $125 | +15.58% | Sep 4, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $123 | Strong Buy | Maintains | $123 | +13.73% | Aug 15, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $121 → $122 | Strong Buy | Maintains | $121 → $122 | +12.81% | Aug 1, 2024 |
Financial Forecast
Revenue This Year
24.48B
from 22.75B
Increased by 7.61%
Revenue Next Year
27.28B
from 24.48B
Increased by 11.45%
EPS This Year
1.35
from 1.37
Decreased by -1.26%
EPS Next Year
2.46
from 1.35
Increased by 81.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.0B | 29.9B | 32.3B | ||
| Avg | 24.5B | 27.3B | 29.8B | ||
| Low | 22.8B | 25.2B | 27.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.4% | 22.2% | 18.4% | ||
| Avg | 7.6% | 11.5% | 9.1% | ||
| Low | 0.4% | 3.1% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.83 | 4.18 | 5.22 | ||
| Avg | 1.35 | 2.46 | 2.97 | ||
| Low | 0.96 | 0.96 | 1.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.7% | 208.9% | 112.0% | ||
| Avg | -1.3% | 81.9% | 20.5% | ||
| Low | -29.9% | -29.0% | -48.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.