LYV Stock - Live Nation Entertainment, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $23.16B | $22.73B | $16.68B | $6.27B | $1.86B |
| Gross Profit | $5.83B | $5.48B | $4.33B | $1.91B | $458.78M |
| Gross Margin | 25.2% | 24.1% | 26.0% | 30.5% | 24.6% |
| Operating Income | $824.51M | $1.08B | $722.03M | $-417,858,000 | $-1,653,192,000 |
| Net Income | $896.29M | $556.89M | $266.44M | $-650,904,000 | $-1,724,535,000 |
| Net Margin | 3.9% | 2.5% | 1.6% | -10.4% | -92.7% |
| EPS | $2.77 | $1.35 | $0.66 | $-3.09 | $-8.12 |
Live Nation Entertainment, Inc. operates as a live entertainment company. 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; operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as provides ticket resale services. This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters through websites, mobile apps, and ticket outlets. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, promotional programs, rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. As of December 31, 2021, it owned, operated, or leased 165 entertainment venues in North America and 94 entertainment venues internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 25th 2025 | UBS | Initiation | Buy | $164 |
| September 16th 2025 | Rothschild & Co Redburn | Downgrade | Neutral | $170 |
| August 18th 2025 | MoffettNathanson | Initiation | Buy | $195 |
| June 4th 2025 | Bernstein | Initiation | Outperform | $185 |
| April 28th 2025 | Susquehanna | Initiation | Positive | $155 |
| September 4th 2024 | BofA Securities | Initiation | Buy | $125 |
| May 28th 2024 | Northcoast | Downgrade | Neutral | - |
| May 9th 2024 | Redburn Atlantic | Upgrade | Buy | $115← $114 |
| April 30th 2024 | Deutsche Bank | Initiation | Buy | $120 |
| January 12th 2024 | ROTH MKM | Upgrade | Buy | $114← $92 |
| December 14th 2023 | Morgan Stanley | Upgrade | Overweight | $110← $100 |
| October 26th 2023 | Evercore ISI | Upgrade | Outperform | $100 |
| July 21st 2023 | Oppenheimer | Initiation | Outperform | $110 |
| April 24th 2023 | Seaport Research Partners | Initiation | Buy | $85 |
| March 22nd 2023 | ROTH MKM | Initiation | Neutral | - |
Earnings History & Surprises
LYVEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 19, 2026 | $-0.96 | — | — | — |
Q4 2025 | Nov 4, 2025 | $1.31 | $0.73 | -44.3% | ✗ MISS |
Q3 2025 | Aug 7, 2025 | $1.03 | $0.41 | -60.2% | ✗ MISS |
Q2 2025 | May 1, 2025 | $-0.41 | $-0.32 | +21.3% | ✓ BEAT |
Q1 2025 | Feb 20, 2025 | $-0.93 | $0.56 | +160.2% | ✓ BEAT |
Q4 2024 | Nov 11, 2024 | $1.59 | $1.66 | +4.4% | ✓ BEAT |
Q3 2024 | Jul 30, 2024 | $1.07 | $1.03 | -3.7% | ✗ MISS |
Q2 2024 | May 2, 2024 | $-0.18 | $-0.53 | -188.5% | ✗ MISS |
Q1 2024 | Feb 22, 2024 | $-1.13 | $-1.22 | -8.0% | ✗ MISS |
Q4 2023 | Nov 2, 2023 | $1.27 | $1.78 | +40.2% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $0.63 | $1.02 | +61.9% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $-0.45 | $-0.25 | +44.4% | ✓ BEAT |
Q1 2023 | Feb 23, 2023 | $-0.96 | $-1.09 | -13.5% | ✗ MISS |
Q4 2022 | Nov 3, 2022 | $1.03 | $1.39 | +35.0% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $0.51 | $0.66 | +29.4% | ✓ BEAT |
Q2 2022 | May 5, 2022 | $-0.98 | $-0.39 | +60.2% | ✓ BEAT |
Q1 2022 | Feb 23, 2022 | $-0.55 | $-0.96 | -74.5% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $-0.05 | $0.19 | +480.0% | ✓ BEAT |
Q3 2021 | Aug 3, 2021 | $-1.35 | $-0.90 | +33.3% | ✓ BEAT |
Latest News
CNBC Halftime Report Final Trades: Live Nation Entertainment, Alibaba Group, Walt Disney, Amcor
➖ Neutral'DOJ Staff Advised Against Live Nation Covid Antitrust Charges' - Bloomberg News
📈 Positive'Live Nation Must Face Class Action From Millions Of Ticket Buyers Over Alleged Overcharges' - Reuters Citing U.S. Court Ruling
📉 NegativeReported Earlier, Live Nation Takes Over Operations Of Thailand's Impact Arena As It Expands Global Venue Network And Commits To Upgrades
📈 PositiveUBS Initiates Coverage On Live Nation Entertainment with Buy Rating, Announces Price Target of $164
📈 PositiveGuggenheim Maintains Buy on Live Nation Entertainment, Lowers Price Target to $172
📈 PositiveUK to ban resale of live show tickets above face value - FT
📉 NegativeLive Nation Entertainment shares are trading lower after the Financial Times reported the U.K. will ban resale of tickets above face value.
📉 Negative'UK To Ban Resale Of Tickets Above Face Value' - Financial Times
➖ NeutralJP Morgan Maintains Overweight on Live Nation Entertainment, Lowers Price Target to $172
➖ NeutralRoth Capital Maintains Buy on Live Nation Entertainment, Lowers Price Target to $176
📈 PositiveGuggenheim Maintains Buy on Live Nation Entertainment, Lowers Price Target to $175
➖ NeutralEvercore ISI Group Maintains Outperform on Live Nation Entertainment, Lowers Price Target to $168
➖ NeutralLive Nation shares slide after wide miss for profit, revenue in Q3
📉 NegativeMorgan Stanley Maintains Overweight on Live Nation Entertainment, Lowers Price Target to $170
📈 PositiveLive Nation Entertainment shares are trading lower after the company reported worse-than-expected Q3 financial results.
📉 NegativeLive Nation Entertainment shares are trading lower after the company reported worse-than-expected Q3 financial results.
📉 NegativeLive Nation Entertainment Q3 EPS $0.73 Misses $1.45 Estimate, Sales $8.499B Miss $8.605B Estimate
📉 NegativeSusquehanna Maintains Positive on Live Nation Entertainment, Raises Price Target to $175
📈 PositiveDeutsche Bank Maintains Buy on Live Nation Entertainment, Lowers Price Target to $173
➖ NeutralFrequently Asked Questions about LYV
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