Live Nation Entertainment, Inc. (LYV)
NYSE: LYV · Real-Time Price · USD
133.28
+1.09 (0.82%)
Dec 20, 2024, 4:00 PM EST - Market closed
Live Nation Entertainment Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for LYV stock have an average target of 144.63, with a low estimate of 115 and a high estimate of 163. The average target predicts an increase of 8.52% from the current stock price of 133.28.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for LYV stock from 16 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 8 | 9 | 11 | 11 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 13 | 14 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $144 → $160 | Strong Buy | Maintains | $144 → $160 | +20.05% | Dec 19, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $137 → $150 | Buy | Maintains | $137 → $150 | +12.55% | Dec 12, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $132 → $152 | Strong Buy | Maintains | $132 → $152 | +14.05% | Dec 12, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $146 → $155 | Strong Buy | Maintains | $146 → $155 | +16.30% | Dec 4, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $130 → $163 | Strong Buy | Maintains | $130 → $163 | +22.30% | Nov 20, 2024 |
Financial Forecast
Revenue This Year
23.41B
from 22.75B
Increased by 2.91%
Revenue Next Year
26.90B
from 23.41B
Increased by 14.88%
EPS This Year
1.15
from 1.37
Decreased by -16.27%
EPS Next Year
2.67
from 1.15
Increased by 132.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 24.7B | 29.9B | 32.0B | |||
| Avg | 23.4B | 26.9B | 29.3B | |||
| Low | 22.4B | 24.5B | 27.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.7% | 27.9% | 19.0% | |||
| Avg | 2.9% | 14.9% | 8.8% | |||
| Low | -1.3% | 4.6% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.60 | 3.92 | 4.83 | ||
| Avg | 1.15 | 2.67 | 3.18 | ||
| Low | 0.71 | 1.61 | 1.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.5% | 241.4% | 81.0% | ||
| Avg | -16.3% | 132.7% | 19.1% | ||
| Low | -48.5% | 40.1% | -45.3% |
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.