Live Nation Entertainment, Inc. (LYV)

NYSE: LYV · Real-Time Price · USD
135.61
+2.05 (1.53%)
Jan 17, 2025, 4:00 PM EST - Market closed
1.53%
Market Cap 31.27B
Revenue (ttm) 23.32B
Net Income (ttm) 206.78M
Shares Out 230.60M
EPS (ttm) 0.89
PE Ratio 152.06
Forward PE 58.04
Dividend n/a
Ex-Dividend Date n/a
Volume 907,481
Open 134.92
Previous Close 133.56
Day's Range 134.42 - 136.21
52-Week Range 86.67 - 141.18
Beta 1.38
Analysts Strong Buy
Price Target 144.63 (+6.65%)
Earnings Date Feb 20, 2025

About LYV

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software a... [Read more]

Industry Entertainment
Founded 2005
Employees 31,700
Stock Exchange NYSE
Ticker Symbol LYV
Full Company Profile

Financial Performance

In 2023, Live Nation Entertainment's revenue was $22.75 billion, an increase of 36.38% compared to the previous year's $16.68 billion. Earnings were $315.84 million, an increase of 111.67%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for LYV stock is "Strong Buy." The 12-month stock price forecast is $144.63, which is an increase of 6.65% from the latest price.

Price Target
$144.63
(6.65% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Live Nation and Crew Nation Global Relief Fund Commit $1M to Support Los Angeles Music Community Impacted by Wildfires

LOS ANGELES , Jan. 17, 2025 /PRNewswire/ -- The Crew Nation Global Relief Fund is committing $1 million to assist performing musicians, live music crew, and live music industry workers affected by the...

2 days ago - PRNewsWire

Two Hard Rock® Hotel & Casinos Named in Top Five in Newsweek Readers' Choice for Best Casinos with Live Entertainment

Hard Rock Hotel & Casino Sacramento secures top spot at #1, Seminole Hard Rock Hotel & Casino Hollywood, FL is #5 WHEATLAND, Calif. , Dec. 13, 2024 /PRNewswire/ -- Hard Rock® is thrilled to announce t...

5 weeks ago - PRNewsWire

Live Nation Entertainment Announces Pricing Of Convertible Senior Notes Offering

LOS ANGELES , Dec. 3, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV) (the "company") today announced that it priced its previously announced offering of $1.0 billion in aggregate pri...

6 weeks ago - PRNewsWire

Live Nation Entertainment Announces Launch Of Convertible Senior Notes Offering

LOS ANGELES , Dec. 3, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV) (the "company") today announced that it intends to offer, subject to market and other conditions, $1.0 billion in...

6 weeks ago - PRNewsWire

Live Nation Entertainment: Rating Downgrade As Share Price Has Rallied Past My Price Target

I downgraded Live Nation Entertainment from a buy to a hold due to its high share price, limiting upside potential despite strong growth prospects. 3Q24 results showed a revenue decline but a 4.4% inc...

2 months ago - Seeking Alpha

Live Nation Is the Company Consumers Love to Hate. But Investors Love It.

The concert promoter's stock is trading at an all-time high despite antitrust concerns.

2 months ago - Barrons

Mayor Michele Dale Calls for Investigation into Live Nation Lawsuit on Behalf of Plaintiff

WEST MILFORD, N.J.--(BUSINESS WIRE)--Mayor of West Milford, Michele Dale, is urging New Jersey's Attorney General Matt Platkin and New Jersey Department of Justice representative Philip Sellinger to i...

2 months ago - Business Wire

Lawsuit Accuses Ticketmaster and Live Nation of ‘Racketeering Activity'

A new lawsuit brought by fans of Taylor Swift and other musicians reportedly accuses Ticketmaster and its parent company, Live Nation, of colluding with other organizations to drive up ticket prices.

2 months ago - PYMNTS

Calls of the Day: Live Nation, Netflix, Costco and Oil stocks

The Investment Committee's debate the latest Calls of The Day.

Other symbols: COSTIEONFLX
2 months ago - CNBC Television

Live Nation CEO: Live entertainment is a very scarce commodity

Live Nation CEO Michael Rapino joins, 'Mad Money' host Jim Cramer to talk the changing music and entertainment consumer, concerts, ticket pricing and scalping and more.

2 months ago - CNBC Television

Live Nation CEO talks consumer demand, says live music is 'a very scarce commodity'

Live Nation CEO Michael Rapino told CNBC's Jim Cramer on Tuesday that the nature of live music keeps it in demand. "It's a very scarce commodity," he said.

2 months ago - CNBC

Ticketmaster Parent Live Nation Stock Hits Record High on Q3 Earnings Beat

Shares of Ticketmaster's parent company Live Nation (LYV) were up by midday Tuesday after the company's third quarter earnings came in better than expected.

2 months ago - Investopedia

SHOP Pops After Earnings, ONON Steps Down, LYV Takes Spotlight

Shopify (SHOP) surged to the upside after earnings, which Caroline Woods points to another sign that "people keep spending" despite recent economic crutches. ON Holding (ONON) traded down after report...

Other symbols: ONONSHOP
2 months ago - Schwab Network

LYV Rides Concert Ticket Sales Higher, SHOP Soars After Earnings

Jenny Horne examines 2 early winners in Tuesday's trading action: Live Nation (LYV) and Shopify (SHOP). Live Nation reported a revenue miss, but its highest-ever concert profitability.

2 months ago - Schwab Network

Live Nation Entertainment, Inc. (LYV) Q3 2024 Earnings Call Transcript

Live Nation Entertainment, Inc. (NYSE:LYV) Q3 2024 Earnings Conference Call November 11, 2024 5:00 PM ET Company Participants Amy Yong - Investor Relations Joe Berchtold - President and Chief Financi...

2 months ago - Seeking Alpha

Live Nation posts upbeat quarterly profit on lower costs, shares rise

Ticketmaster-parent Live Nation Entertainment beat Wall Street estimates for third-quarter profit on Monday, helped by cost controls, sending its shares up 5.1% in extended trading.

2 months ago - Reuters

Live Nation Entertainment Reports Third Quarter 2024 Results

LOS ANGELES , Nov. 11, 2024 /PRNewswire/ -- "We wrapped up our most active summer concert season ever, our show pipeline has never been bigger, and brand sponsorships are accelerating. While operating...

2 months ago - PRNewsWire

Earnings Exchange: Live Nation, Shopify, & Tyson Foods

Gina Sanchez, chief market strategist at Lido Advisors, joins 'The Exchange' to discuss companies reporting earnings this week: Live Nation, Shopify, and Tyson Foods.

Other symbols: SHOPTSN
2 months ago - CNBC Television

Live Nation Entertainment Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Live Nation Entertainment, Inc. LYV will release earnings results for its third quarter, after the closing bell on Monday, Nov. 11.

2 months ago - Benzinga

Live Nation stock forms a bullish pattern: could it surge to $150?

Live Nation (LYV) stock price continued its strong rally, reaching a record high of $127.50 as traders eyed its upcoming earnings. It jumped to a high of $127.50, up by 100% from its lowest level last...

2 months ago - Invezz

NEW SHOW SIDE HUSTLES TO DEBUT ON VEEPS, TAKING US ALL BEHIND THE SCENES OF THE BRAND POWERHOUSES OF AVALINE, COOKIES, MDDN, HOUSLEY, AND MORE

Season One features intimate conversations with Cameron Diaz and Katherine Power, Benji and Joel Madden, Tamera Mowry-Housley and Adam Housley, rapper-turned-Cookies Founder Berner, and WWE Hall of Fa...

2 months ago - PRNewsWire

Live Nation Entertainment Schedules Earlier Date For Third Quarter 2024 Earnings Release And Teleconference

LOS ANGELES , Nov. 4, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its third quarter financial results after market ho...

2 months ago - PRNewsWire

Live Nation must face consumer lawsuit over ticket prices, US appeals court rules

Live Nation Entertainment and its subsidiary Ticketmaster have failed to persuade a U.S. appeals court to block a proposed class action accusing them of charging artificially high ticket prices.

2 months ago - Reuters

Calls of the Day: Live Nation and Verizon

The Investment Committee breaks down the latest calls of the day.

Other symbols: VZ
3 months ago - CNBC Television

Final Trades: Pfizer, S&P Aerospace and Defense, and Live Nation

Today's Final Trades from the Investment Committee.

Other symbols: PFEXAR
3 months ago - CNBC Television