Live Nation Entertainment, Inc. (LYV)
NYSE: LYV · Real-Time Price · USD
129.67
+5.87 (4.74%)
At close: Nov 12, 2024, 4:00 PM
129.35
-0.32 (-0.25%)
After-hours: Nov 12, 2024, 7:59 PM EST
Live Nation Entertainment Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for LYV stock have an average target of 134.64, with a low estimate of 115 and a high estimate of 155. The average target predicts an increase of 3.83% from the current stock price of 129.67.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for LYV stock from 14 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 8 | 9 | 9 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 2 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 13 | 12 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $130 → $146 | Strong Buy | Maintains | $130 → $146 | +12.59% | Nov 12, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $108 → $145 | Strong Buy | Maintains | $108 → $145 | +11.82% | Nov 12, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $120 → $155 | Buy | Maintains | $120 → $155 | +19.53% | Nov 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $110 → $150 | Buy | Maintains | $110 → $150 | +15.68% | Nov 12, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $132 → $144 | Strong Buy | Maintains | $132 → $144 | +11.05% | Nov 12, 2024 |
Financial Forecast
Revenue This Year
23.85B
from 22.75B
Increased by 4.84%
Revenue Next Year
26.92B
from 23.85B
Increased by 12.88%
EPS This Year
1.28
from 1.37
Decreased by -6.39%
EPS Next Year
2.45
from 1.28
Increased by 91.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.8B | 29.9B | 32.1B | ||
| Avg | 23.9B | 26.9B | 29.3B | ||
| Low | 22.5B | 25.0B | 27.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.4% | 25.4% | 19.3% | ||
| Avg | 4.8% | 12.9% | 8.8% | ||
| Low | -1.3% | 4.7% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.59 | 3.99 | 4.97 | ||
| Avg | 1.28 | 2.45 | 2.88 | ||
| Low | 0.84 | 0.52 | 0.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.7% | 211.1% | 102.7% | ||
| Avg | -6.4% | 91.0% | 17.5% | ||
| Low | -38.5% | -59.5% | -72.0% |
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.