Live Nation Entertainment (LYV) AI Stock Analysis

• Market Cap: $34.88B
• Dividend Yield: N/A
• Average Volume (3M): 2.13M
• Price to Earnings (P/E): 52.1
• Beta (1Y): 1.08
• Revenue Growth: -2.92%
• EPS Growth: 166.63%
• Country: US
• Employees: 16,200
• Sector: Communication Services
• Sector Strength: 75
• Industry: Entertainment
• EPS (TTM): -0.32
• Shares Outstanding: 231,771,790
• 10 Day Avg. Volume: 1,780,919
• 30 Day Avg. Volume: 2,128,793
• PEG Ratio: -9.33
• Price to Book (P/B): 318.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 24.79
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 0.38
• Enterprise Value/Gross Profit: 6.17
• Enterprise Value/Ebitda: 4.99
• 1Y Price Target: $169.08
• Price Target Upside: 14.48% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 13

• Rating: 77 Outperform
• Price Target: $163.00 ▲(10.36%Upside)

Live Nation Entertainment's strong technical indicators and optimistic earnings call guidance are the most significant factors driving the score. Despite valuation concerns and high leverage, robust cash flow and strategic growth initiatives support a positive outlook.

Positive Factors

Concert Segment Growth

Strong concert segment results are expected in another tough year for stadium availability due in particular to the FIFA World Cup in North America.

Earnings Potential

There are three key milestones for LYV in the next 18 months that are expected to elucidate the true earnings power of the business and drive a re-rating from the current 16.5x AOI to a target of 20x.

Market Positioning

Ticketmaster is the most valuable and underappreciated asset within Live Nation, with a 60%+ market share, ~40% EBITDA margins, and minimal capex.

Negative Factors

Antitrust Concerns

The TM antitrust overhang seems likely to continue until the META/FTC ruling, which needs to occur before there could be a reasonable expectation of resolution.

Consumer Weakness

Investors are focused on the potential impact of a weakening consumer on the US/European concert season.

Foreign Exchange Impact

FX pressures are lowering FY Ticketmaster & Sponsorship AOI by ~2% and consolidated AOI by ~1.5%.

Live Nation Entertainment Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Live Nation Entertainment generates revenue through multiple channels, primarily within its three main segments: Concerts, Ticketing, and Sponsorship & Advertising. The Concerts segment is the largest, deriving income from promoting and producing live music events worldwide, including ticket sales, concessions, and merchandise sales at these events. The Ticketing segment, primarily through Ticketmaster, earns revenue from service fees charged on tickets sold for events that Live Nation promotes and from third-party clients. Finally, the Sponsorship & Advertising segment generates income through strategic partnerships with brands and companies, offering them marketing opportunities and exposure at live events and on digital platforms. These diverse revenue streams, coupled with strategic partnerships and acquisitions, contribute significantly to the company's earnings.

Live Nation Entertainment Financial Statement Overview

Summary

Live Nation Entertainment shows strong profitability and cash flow generation with a robust cash flow position and efficient use of equity. However, challenges include a revenue decline and high leverage, which could pose risks.

Income Statement

Live Nation Entertainment shows strong profitability with a gross profit margin of 34.8% and a net profit margin of 4.3% in TTM (Trailing-Twelve-Months). The company has experienced a revenue decline of 1.8% from the previous year, which indicates some challenges in maintaining growth. However, the EBIT margin of 4.3% and EBITDA margin of 7.5% suggest operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is high at 22.31, indicating significant leverage which could pose financial risk. However, a positive return on equity of 918.9% reflects efficient use of equity. The equity ratio is low at 0.5%, suggesting reliance on external financing.

Cash Flow

Live Nation's cash flow is robust, with a free cash flow growth rate of 30.0% TTM. The operating cash flow to net income ratio is favorable at 2.11, indicating strong cash generation relative to profits. The free cash flow to net income ratio is 1.40, underscoring healthy cash conversion.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.16B	22.75B	16.68B	6.27B	1.86B
Gross Profit	5.83B	5.46B	4.34B	1.91B	458.78M
EBITDA	1.70B	1.85B	1.21B	45.33M	-1.12B
Net Income	896.29M	563.28M	409.19M	-608.79M	-1.83B
Balance Sheet
Total Assets	19.64B	19.07B	16.46B	14.40B	10.59B
Cash, Cash Equivalents and Short-Term Investments	6.10B	6.23B	5.61B	4.88B	2.54B
Total Debt	8.27B	8.44B	7.70B	7.46B	6.46B
Total Liabilities	17.69B	17.59B	15.70B	14.04B	10.45B
Stockholders Equity	173.26M	-17.15M	-367.57M	-582.65M	-471.77M
Cash Flow
Free Cash Flow	1.05B	895.54M	1.48B	1.62B	-1.31B
Operating Cash Flow	1.73B	1.37B	1.83B	1.78B	-1.08B
Investing Cash Flow	-854.28M	-695.80M	-784.69M	-566.96M	-224.06M
Financing Cash Flow	-658.55M	-87.28M	-143.34M	1.17B	1.35B

Live Nation Entertainment Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 147.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LYV, the sentiment is Positive. The current price of 147.7 is below the 20-day moving average (MA) of 149.04, above the 50-day MA of 146.17, and above the 200-day MA of 135.87, indicating a neutral trend. The MACD of 1.54 indicates Positive momentum. The RSI at 47.65 is Neutral, neither overbought nor oversold. The STOCH value of 35.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LYV.

Live Nation Entertainment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FOXA	81 Outperform	$24.06B	13.90	16.89%	0.97%	15.70%	26.73%
DIS	78 Outperform	$215.57B	24.49	8.75%	0.84%	5.33%	431.28%
LYV	77 Outperform	$34.88B	52.11	827.53%	―	-2.92%	166.63%
WMG	71 Outperform	$15.48B	34.52	89.20%	2.46%	-0.91%	-14.87%
WBD	60 Neutral	$32.46B	―	-27.69%	―	-5.58%	-254.85%
SIRI	57 Neutral	$7.14B	―	-38.19%	5.09%	-3.75%	-253.95%
Sector *	55 Neutral	HK$68.06B	-1.45	-3.62%	5.66%	-4.08%	-17.07%

Live Nation Entertainment Corporate Events

Live Nation Announces Board Changes at Annual Meeting

On June 12, 2025, during the annual meeting of stockholders, Greg Maffei retired from the board of directors of Live Nation Entertainment. The meeting also saw the election of new directors, including Maverick Carter and Ping Fu, for a one-year term. Additionally, an advisory resolution supporting the company’s executive compensation was passed, and Ernst & Young LLP was ratified as the independent registered public accounting firm for the 2025 fiscal year. These decisions reflect the company’s ongoing governance and operational strategies, potentially impacting its leadership and financial oversight.

The most recent analyst rating on (LYV) stock is a Hold with a $135.00 price target. To see the full list of analyst forecasts on Live Nation Entertainment stock, see the LYV Stock Forecast page.

Live Nation Appoints Richard Grenell to Board

On May 19, 2025, Live Nation Entertainment elected Richard Allen Grenell to its Board of Directors. Grenell, with his extensive experience in diplomacy and negotiations, is expected to bring valuable insights to the company as it continues to expand its influence in the global live music industry. His appointment aligns with Live Nation’s mission to enhance live music experiences worldwide and advocate for industry reforms that benefit both fans and artists.

The most recent analyst rating on (LYV) stock is a Hold with a $135.00 price target. To see the full list of analyst forecasts on Live Nation Entertainment stock, see the LYV Stock Forecast page.