Live Nation Entertainment, Inc. (LYV)

NYSE: LYV · IEX Real-Time Price · USD
96.70
+1.93 (2.04%)
At close: Jul 2, 2024, 4:00 PM
95.97
-0.73 (-0.75%)
After-hours: Jul 2, 2024, 7:58 PM EDT
2.04%
Market Cap 22.22B
Revenue (ttm) 23.42B
Net Income (ttm) 252.10M
Shares Out 229.74M
EPS (ttm) 1.05
PE Ratio 92.10
Forward PE 45.53
Dividend n/a
Ex-Dividend Date n/a
Volume 1,541,664
Open 94.92
Previous Close 94.77
Day's Range 94.30 - 96.77
52-Week Range 76.48 - 107.24
Beta 1.35
Analysts Strong Buy
Price Target 113.80 (+17.68%)
Earnings Date Jul 25, 2024

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
CEO Michael Rapino
Employees 31,700
Stock Exchange NYSE
Ticker Symbol LYV
Full Company Profile

Financial Performance

In 2023, LYV'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 15 analysts, the average rating for LYV stock is "Strong Buy." The 12-month stock price forecast is $113.8, which is an increase of 17.68% from the latest price.

Price Target
$113.8
(17.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

‘Trump' Stocks Are Rising: Banks, Managed Care, Steel

After a shaky debate performance from President Biden, stocks that could be winners in a Trump presidency are rallying Friday. Green energy stocks are lower.

Other symbols: CLFCOFDFSNUEXLEXLF
4 days ago - Barrons

Live Nation could face 2026 trial in US antitrust case, judge says

The U.S. Justice Department's lawsuit seeking to break up entertainment industry giant Live Nation and its Ticketmaster unit could go to trial in early 2026, a judge in New York said on Thursday.

5 days ago - Reuters

KIDZ BOP Extends 2024 Tour; Adds 17 New Dates

Spotify Joins As An Official Tour Partner Tour kicks off June 27 in Stamford, CT Presales for new dates begin June 24; General on-sale begins June 28 Setlist includes hits from KIDZ BOP's newest album...

11 days ago - PRNewsWire

Barclay's Suspends Sponsorship Partnership With Live Nation For All 2024 UK Music Festivals

Surrendering to pressure from several music acts and an ad-hoc movement, Barclays has suspended its sponsorship of all 2024 music festivals organized by Live Nation in the UK. The festivals now withou...

Other symbols: BCS
16 days ago - Deadline

Barclays suspends sponsorship of Live Nation music festivals after acts quit over Israel ties

The suspension comes after several artists, including country singer CMAT, metal band Ithaca and comedian Joanne McNally, pulled out of the events.

Other symbols: BCS
18 days ago - New York Post

Barclays suspends sponsorship of Live Nation music festivals after protests

Barclays suspended on Friday its sponsorship of all Live Nation music festivals in 2024 after various acts dropped out in protest over the bank's links to defense companies that work with Israel.

Other symbols: BCS
18 days ago - Reuters

Live Nation Stock Could Drop As JLo Cancels, Ticket Prices Fall 17%

Last month, the Department of Justice sued Live Nation Entertainment alleging antitrust law violations. The lawsuit — which aims for Ticketmaster to be spun off from Live Nation — is unlikely to affec...

4 weeks ago - Forbes

Ticketmaster Customer Info at Risk After Reported Hack

Already fighting an antitrust suit, Live Nation is now also dealing with a data breach.  The country's biggest ticket seller announced Friday (May 31) that its Ticketmaster system could have been comp...

4 weeks ago - PYMNTS

Ticketmaster hit by cyber attack - with hackers 'offering to sell customer data on dark web'

Concert promoter Live Nation says it is investigating a cyber attack at its Ticketmaster unit, days after experts urged customers to change their passwords.

4 weeks ago - Skynews

Live Nation investigating data breach of its US Ticketmaster unit

Cybercrime group ShinyHunters said it had stolen data of 500m customers of concert promoter's ticketing arm

4 weeks ago - The Guardian

Live Nation probing Ticketmaster hack amid user data leak concerns

Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past ye...

4 weeks ago - Reuters

Live Nation confirms Ticketmaster was hacked with user data at ‘dark web' risk

Live Nation Entertainment Inc. confirmed late Friday that its Ticketmaster unit was a victim of a cyberattack, but the entertainment giant said it doesn't expect it to have a “material” effect on its ...

4 weeks ago - Market Watch

Hackers Stole Ticketmaster User Data And Tried To Sell It On The Dark Web, Parent Company Live Nation Says

In an unsettling end-of-week regulatory filing, Ticketmaster parent Live Nation Entertainment reported Friday that it had caught a hacker trying to sell user data via the dark web. The episode dates t...

4 weeks ago - Deadline

Live Nation confirms Ticketmaster was hacked, says personal information stolen in data breach

Entertainment giant Live Nation has confirmed its ticketing subsidiary Ticketmaster has been hacked.

4 weeks ago - TechCrunch

LIVE NATION UPDATE: Rosen Law Firm Provides Live Nation Entertainment, Inc. Investors Update in Securities Class Action – LYV

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, provides this update to purchasers of Live Nation Entertainment, Inc. (NYSE: LYV) securities in regard to the pending secu...

4 weeks ago - Business Wire

The US Wants to Break Up Ticketmaster and Live Nation: Everything to Know

A federal lawsuit alleges that Live Nation and Ticketmaster have "monopolistic control over the live events industry."

4 weeks ago - CNET

Lawsuit Update: Investors who lost money with Live Nation Entertainment, Inc. (NYSE: LYV) shares should contact the Shareholders Foundation

SAN DIEGO , May 29, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in NYSE: LYV shares against Live Nation Entertainmen...

4 weeks ago - PRNewsWire

Calls of the Day: Live Nation and Netflix

The Investment Committee breaks down the latest Calls of the Day on Live Nation and Netflix.

Other symbols: NFLX
5 weeks ago - CNBC Television

Will The Justice Department's Monopolization Lawsuit Kill Live Nation?

The U.S. Department of Justice sued concert promoter Live Nation and its ticketing company subsidiary Ticketmaster for monopolization on May 23. Thirty state and district attorneys general joined the ...

5 weeks ago - Forbes

SeatGeek CEO Groetzinger on Live Nation suit

Jack Groetzinger, SeatGeek co-founder and CEO, joins 'Squawk Box' to discuss his take on the DOJ suing Live Nation over alleged antitrust violations, their business model, SeatGeek's presence in Europ...

5 weeks ago - CNBC Television

Post Lawsuit, Live Nation Entertainment Stock Flat As Sales Seen Up 5%

On May 23, the U.S. Department of Justice filed a lawsuit against Live Nation Entertainment Live Nation Entertainment — aiming to break up the company, according to the Wall Street Journal.

5 weeks ago - Forbes

Live Nation Faces Consumer Antitrust Lawsuit, Day After DOJ Suit

Live Nation and its Ticketmaster business are reportedly facing a consumer antitrust lawsuit that comes on the heels of a suit filed by the Justice Department. The consumer suit is the first of what's...

5 weeks ago - PYMNTS

DOJ Attacks Live Nation For Seeing a Future Its Competitors Did Not

“Some monopolies are just so entrenched, and some problems so difficult to address, that they require decisive and effective solutions.” Those are the words of Jonathan Kanter, who runs the Department...

5 weeks ago - Forbes

The Score: Target, Nvidia, Live Nation and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news.

Other symbols: NVDA
5 weeks ago - WSJ

Live Nation Facing Class Action Suit Over ‘Excessively High Fees' In Wake Of Federal Antitrust Lawsuit

A New York ticket buyer filed a proposed class action suit against Ticketmaster and its parent company Live Nation on Thursday, alleging consumers are forced to pay high prices because the company has...

5 weeks ago - Forbes