Live Nation Entertainment, Inc. (LYV)
NYSE: LYV · IEX Real-Time Price · USD
89.64
-2.18 (-2.37%)
Apr 18, 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 113.36, with a low estimate of 100 and a high estimate of 126. The average target predicts an increase of 26.46% from the current stock price of 89.64.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 6 | 6 | 6 | 6 |
| Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Reiterates $108 | Strong Buy | Reiterates | $108 | +20.48% | Apr 16, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $124 → $119 | Strong Buy | Maintains | $124 → $119 | +32.75% | Apr 11, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $124 → $126 | Buy | Maintains | $124 → $126 | +40.56% | Feb 23, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $110 → $120 | Buy | Maintains | $110 → $120 | +33.87% | Feb 23, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $115 → $120 | Buy | Maintains | $115 → $120 | +33.87% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
24.73B
from 22.75B
Increased by 8.71%
Revenue Next Year
26.77B
from 24.73B
Increased by 8.23%
EPS This Year
1.85
from 1.37
Increased by 35.04%
EPS Next Year
2.24
from 1.85
Increased by 20.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.5B | 28.7B | 31.0B | 32.9B | 33.9B |
| Avg | 24.7B | 26.8B | 28.8B | 29.5B | 32.6B |
| Low | 23.4B | 25.0B | 26.8B | 25.3B | 31.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 16.1% | 15.9% | 14.2% | 14.8% |
| Avg | 8.7% | 8.2% | 7.7% | 2.3% | 10.4% |
| Low | 2.9% | 1.2% | 0.2% | -12.3% | 7.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.85 | 3.15 | 4.07 | 7.56 | 9.16 |
| Avg | 1.85 | 2.24 | 2.98 | 5.59 | 8.81 |
| Low | 1.18 | 1.37 | 1.96 | 3.73 | 8.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 107.7% | 70.3% | 82.2% | 153.8% | 63.9% |
| Avg | 35.0% | 20.8% | 33.2% | 87.5% | 57.7% |
| Low | -14.2% | -25.8% | -12.3% | 25.4% | 53.0% |
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.