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Live Nation Entertainment (LYV) Stock Forecast & Price Target

Live Nation Entertainment logo
$135.64 +1.20 (+0.89%)
(As of 12:20 PM 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
15

Based on 16 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 16 analysts, 1 has given a hold rating, and 15 have given a buy rating for LYV.

Consensus Price Target

$140.00
3.21% Upside
According to the 16 analysts' twelve-month price targets for Live Nation Entertainment, the average price target is $140.00. The highest price target for LYV is $155.00, while the lowest price target for LYV is $115.00. The average price target represents a forecasted upside of 3.21% from the current price of $135.64.

LYV Analyst Ratings Over Time

TypeCurrent Forecast
11/21/23 to 11/20/24
1 Month Ago
10/22/23 to 10/21/24
3 Months Ago
8/23/23 to 8/22/24
1 Year Ago
11/21/22 to 11/21/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
15 Buy rating(s)
14 Buy rating(s)
13 Buy rating(s)
9 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$140.00$120.77$118.17$105.17
Forecasted Upside3.21% Upside5.05% Upside23.12% Upside20.83% 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.
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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.
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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 Upside3.21% Upside1,134.46% Upside10.45% Upside
News Sentiment Rating
Positive News

See Recent LYV News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
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
4 of 5 stars
 Boost TargetBuy ➝ Buy$125.00 ➝ $149.00+16.85%
11/13/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$132.00 ➝ $148.00+14.14%
11/12/2024Guggenheim
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 Boost TargetBuy ➝ Buy$130.00 ➝ $146.00+12.97%
11/12/2024TD Cowen
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 Boost TargetBuy ➝ Buy$108.00 ➝ $145.00+13.07%
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11/12/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$120.00 ➝ $155.00+20.16%
11/12/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$110.00 ➝ $150.00+13.90%
11/12/2024Benchmark
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 Boost TargetBuy ➝ Buy$132.00 ➝ $144.00+16.27%
10/24/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$118.00 ➝ $137.00+19.41%
10/16/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$120.00 ➝ $132.00+15.47%
8/15/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$123.00 ➝ $123.00+31.54%
6/12/2024Morgan Stanley
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 Reiterated RatingOverweight ➝ Overweight$120.00 ➝ $120.00+33.33%
5/28/2024Northcoast Research
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 DowngradeBuy ➝ Neutral
5/9/2024Redburn Atlantic
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 UpgradeNeutral ➝ Buy$114.00 ➝ $115.00+20.04%
1/11/2024Roth Capital
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E. Handler
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UpgradeNeutral ➝ Buy
7/31/2023Citigroup
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 Boost TargetBuy$110.00 ➝ $120.00+34.33%
12/8/2022Jefferies Financial Group
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 Lower Target$120.00 ➝ $92.00+29.32%
11/22/2022Redburn Partners
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Edward Vyvyan
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Initiated CoverageNeutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:40 PM 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 Thursday, November 7, 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.:

  • Live Nation Entertainment, Inc. has shown consistent growth in revenue and profitability over the past year, indicating a strong financial performance.
  • The company's stock price has been steadily increasing, reaching a current price of $X, making it an attractive investment opportunity.
  • Live Nation Entertainment, Inc. is a market leader in the entertainment industry, with a strong brand presence and global reach.
  • The company has a diversified business model, with revenue streams from ticket sales, sponsorships, and advertising, reducing risk for investors.
  • Live Nation Entertainment, Inc. has a strong track record of successful acquisitions and partnerships, expanding its market share and driving growth.

Live Nation Entertainment
Bear Case

red Wall Street bear icon

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

  • Despite its growth, Live Nation Entertainment, Inc. faces competition from other entertainment companies and changing consumer preferences, which could impact its future performance.
  • The company's business is heavily dependent on live events, which are subject to external factors such as economic conditions, natural disasters, and public health crises.
  • Live Nation Entertainment, Inc. operates in a highly regulated industry, facing challenges related to licensing, permits, and compliance, which could affect its operations.
  • Investing in Live Nation Entertainment, Inc. carries market risk, as the company's stock price can be volatile due to factors such as industry trends, investor sentiment, and macroeconomic conditions.
  • There may be concerns about the sustainability of Live Nation Entertainment, Inc.'s growth trajectory and the ability to maintain its competitive position in the long term.

LYV Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Live Nation Entertainment is $140.00, with a high forecast of $155.00 and a low forecast of $115.00.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Live Nation Entertainment in the last twelve months. There is currently 1 hold rating and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LYV shares.

According to analysts, Live Nation Entertainment's stock has a predicted upside of 3.21% based on their 12-month stock forecasts.

Live Nation Entertainment has been rated by research analysts at Bank of America, Benchmark, 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 11/20/2024 by MarketBeat.com Staff
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