Live Nation Entertainment, Inc. (LYV)
NYSE: LYV · Real-Time Price · USD
118.81
+0.38 (0.32%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Live Nation Entertainment Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for LYV stock have an average target of 123, with a low estimate of 100 and a high estimate of 137. The average target predicts an increase of 3.53% from the current stock price of 118.81.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 7 | 7 | 8 | 9 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 2 | 2 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 13 | 12 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $118 → $137 | Buy | Maintains | $118 → $137 | +15.31% | Oct 24, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $120 → $132 | Strong Buy | Maintains | $120 → $132 | +11.10% | Oct 16, 2024 |
| Seaport Global | Seaport Global | Strong Buy Maintains $115 → $133 | Strong Buy | Maintains | $115 → $133 | +11.94% | Oct 15, 2024 |
| Macquarie | Macquarie | Buy Maintains $125 → $130 | Buy | Maintains | $125 → $130 | +9.42% | Oct 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $132 | Strong Buy | Reiterates | $132 | +11.10% | Sep 10, 2024 |
Financial Forecast
Revenue This Year
24.37B
from 22.75B
Increased by 7.11%
Revenue Next Year
27.18B
from 24.37B
Increased by 11.56%
EPS This Year
1.35
from 1.37
Decreased by -1.26%
EPS Next Year
2.46
from 1.35
Increased by 81.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.0B | 29.9B | 32.3B | ||
| Avg | 24.4B | 27.2B | 29.7B | ||
| Low | 22.6B | 25.0B | 27.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.4% | 22.8% | 18.8% | ||
| Avg | 7.1% | 11.6% | 9.4% | ||
| Low | -0.5% | 2.5% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.83 | 4.18 | 5.22 | ||
| Avg | 1.35 | 2.46 | 2.97 | ||
| Low | 0.96 | 0.96 | 1.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.7% | 208.9% | 112.0% | ||
| Avg | -1.3% | 81.9% | 20.5% | ||
| Low | -29.9% | -29.0% | -48.6% |
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.