Free Trial

Live Nation Entertainment (LYV) Stock Forecast & Price Target

Live Nation Entertainment logo
$140.46 +0.17 (+0.12%)
(As of 11/25/2024 ET)

Live Nation Entertainment - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
16

Based on 17 Wall Street analysts who have issued ratings for Live Nation Entertainment in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 1 has given a hold rating, and 16 have given a buy rating for LYV.

Consensus Price Target

$141.53
0.76% Upside
According to the 17 analysts' twelve-month price targets for Live Nation Entertainment, the average price target is $141.53. The highest price target for LYV is $163.00, while the lowest price target for LYV is $115.00. The average price target represents a forecasted upside of 0.76% from the current price of $140.46.
Get the Latest News and Ratings for LYV and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Live Nation Entertainment and its competitors.

Sign Up

LYV Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
16 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
9 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$141.53$124.00$118.17$105.17
Forecasted Upside0.76% Upside6.60% Upside21.88% Upside22.36% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

LYV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

LYV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Live Nation Entertainment Stock vs. The Competition

TypeLive Nation EntertainmentConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.94
2.56
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside0.76% Upside1,211.56% Upside6.38% Upside
News Sentiment Rating
Positive News

See Recent LYV News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/20/2024Citigroup
3 of 5 stars
 Boost TargetBuy ➝ Buy$130.00 ➝ $163.00+19.41%
11/19/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Boost TargetBuy ➝ Buy$130.00 ➝ $150.00+13.12%
11/15/2024Macquarie
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$130.00 ➝ $146.00+12.90%
11/14/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$125.00 ➝ $149.00+16.85%
11/13/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$132.00 ➝ $148.00+14.14%
11/12/2024Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$130.00 ➝ $146.00+12.97%
MUST-SEE: Everyone will be talking about this $2 trillion AI tech boom soon (Ad)

Amazon is making its biggest investment ever… $150 billion to be exact. And one company stands to benefit from this massive capital influx. This company could deliver a huge windfall for investors who get in before this story hits the mainstream, which could happen at any time.

Don't miss out... Click here to reveal Amazon’s Secret Partner.
11/12/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$108.00 ➝ $145.00+13.07%
11/12/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$120.00 ➝ $155.00+20.16%
11/12/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$110.00 ➝ $150.00+13.90%
11/12/2024Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$132.00 ➝ $144.00+16.27%
10/24/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$118.00 ➝ $137.00+19.41%
10/16/2024Roth Mkm
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$120.00 ➝ $132.00+15.47%
8/15/2024Rosenblatt Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$123.00 ➝ $123.00+31.54%
6/12/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOverweight ➝ Overweight$120.00 ➝ $120.00+33.33%
5/28/2024Northcoast Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral
5/9/2024Redburn Atlantic
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$114.00 ➝ $115.00+20.04%
1/11/2024Roth Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
E. Handler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy
12/8/2022Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$120.00 ➝ $92.00+29.32%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:44 AM ET.


Should I Buy Live Nation Entertainment Stock? LYV Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 25, 2024. Please send any questions or comments about these Live Nation Entertainment pros and cons to contact@marketbeat.com.

Live Nation Entertainment
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Live Nation Entertainment, Inc.:

  • The company recently reported earnings per share of $1.66, exceeding analysts' expectations of $1.58, indicating strong financial performance.
  • Live Nation Entertainment, Inc. has a market capitalization of $32.20 billion, suggesting it is a significant player in the live entertainment industry, which can provide stability and growth potential.
  • With a current stock price around $115.09, which is above its 50-day moving average, it may indicate positive momentum in the stock's performance.
  • The company has a high return on equity of 77.62%, reflecting effective management and profitability, which can attract investors looking for strong returns.
  • Despite a slight year-over-year revenue decline, the company generated $7.65 billion in revenue for the quarter, showcasing its ability to maintain substantial sales in a competitive market.

Live Nation Entertainment
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Live Nation Entertainment, Inc. for these reasons:

  • The company has a high debt-to-equity ratio of 6.10, indicating significant leverage, which can pose risks if the company faces financial difficulties.
  • Live Nation Entertainment, Inc. experienced a 6.2% decline in revenue year-over-year, which may raise concerns about its growth trajectory and market demand.
  • Insider selling has occurred, with 177,000 shares sold over the last 90 days, which could signal a lack of confidence from those closest to the company.
  • The price-to-earnings ratio of 145.22 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • With a net margin of only 2.11%, the company may face challenges in maintaining profitability, especially in a fluctuating economic environment.

LYV Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Live Nation Entertainment is $141.53, with a high forecast of $163.00 and a low forecast of $115.00.

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Live Nation Entertainment in the last year. There is currently 1 hold rating and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LYV shares.

According to analysts, Live Nation Entertainment's stock has a predicted upside of 0.76% based on their 12-month stock forecasts.

Live Nation Entertainment has been rated by research analysts at Bank of America, Benchmark, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, JPMorgan Chase & Co., Macquarie, Oppenheimer, Roth Mkm, TD Cowen, and The Goldman Sachs Group in the past 90 days.

Analysts like Live Nation Entertainment more than other "consumer discretionary" companies. The consensus rating score for Live Nation Entertainment is 2.94 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how LYV compares to other companies.


This page (NYSE:LYV) was last updated on 11/26/2024 by MarketBeat.com Staff
From Our Partners