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
Live Nation Entertainment Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for LYV stock have an average target of 113.8, with a low estimate of 100 and a high estimate of 125. The average target predicts an increase of 17.68% from the current stock price of 96.70.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for LYV stock from 15 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 8 | 8 |
| Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $110 | Buy | Maintains | $110 | +13.75% | Jun 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $120 | Buy | Maintains | $120 | +24.10% | Jun 12, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $126 → $116 | Buy | Maintains | $126 → $116 | +19.96% | May 29, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $120 | Strong Buy | Reiterates | $120 | +24.10% | May 24, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $120 → $110 | Buy | Maintains | $120 → $110 | +13.75% | May 24, 2024 |
Financial Forecast
Revenue This Year
25.11B
from 22.75B
Increased by 10.40%
Revenue Next Year
27.43B
from 25.11B
Increased by 9.23%
EPS This Year
1.51
from 1.37
Increased by 10.12%
EPS Next Year
2.51
from 1.51
Increased by 66.42%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.0B | 30.0B | 33.1B | 34.3B | 35.0B |
| Avg | 25.1B | 27.4B | 29.7B | 31.2B | 32.0B |
| Low | 23.8B | 25.7B | 27.6B | 28.2B | 29.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.8% | 19.5% | 20.6% | 15.3% | 12.1% |
| Avg | 10.4% | 9.2% | 8.4% | 4.9% | 2.7% |
| Low | 4.7% | 2.3% | 0.6% | -5.3% | -5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.39 | 4.08 | 4.90 | 6.10 | 7.35 |
| Avg | 1.51 | 2.51 | 3.01 | 4.61 | 6.33 |
| Low | 0.70 | 1.38 | 1.78 | 2.98 | 5.43 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.7% | 170.3% | 95.3% | 102.9% | 59.5% |
| Avg | 10.1% | 66.4% | 19.8% | 53.3% | 37.4% |
| Low | -49.1% | -8.4% | -29.0% | -0.9% | 17.8% |
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.