Live Nation Entertainment, Inc. (LYV)

NYSE: LYV · IEX Real-Time Price · USD
93.64
+1.42 (1.54%)
Jul 26, 2024, 4:00 PM EDT - Market closed
1.54%
Market Cap 21.51B
Revenue (ttm) 23.42B
Net Income (ttm) 252.10M
Shares Out 229.74M
EPS (ttm) 1.05
PE Ratio 89.18
Forward PE 44.67
Dividend n/a
Ex-Dividend Date n/a
Volume 1,551,536
Open 92.86
Previous Close 92.22
Day's Range 92.36 - 94.61
52-Week Range 76.48 - 107.24
Beta 1.34
Analysts Strong Buy
Price Target 114.79 (+22.59%)
Earnings Date Jul 30, 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 14 analysts, the average rating for LYV stock is "Strong Buy." The 12-month stock price forecast is $114.79, which is an increase of 22.59% from the latest price.

Price Target
$114.79
(22.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Live Nation Entertainment Schedules Second Quarter 2024 Earnings Release And Teleconference

LOS ANGELES , July 16, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its second quarter financial results after market ...

10 days ago - PRNewsWire

Bullish on LYV & Bearish on MRNA, NKE

Live Nation (LYV), Moderna (MRNA), and Nike (NKE) are today's Big Three. Mike Short and Ben Lichtenstein discuss how to trade, as well as the technical trends of these stocks.

Other symbols: MRNANKE
18 days ago - Schwab Network

‘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 weeks 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.

4 weeks 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...

5 weeks 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
5 weeks 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
6 weeks 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
6 weeks 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...

7 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...

7 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.

7 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

7 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...

7 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 ...

2 months 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...

2 months 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.

2 months 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...

2 months 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."

2 months 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...

2 months 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
2 months 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 ...

2 months 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...

2 months 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.

2 months 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...

2 months 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...

2 months ago - Forbes