Live Nation Entertainment (LYV) Stock Forecast & Price Target

$111.61

+0.79 (+0.71%)

(As of 10/8/2024 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

Moderate Buy

Based on 15 Analyst Ratings

Sell
0

Hold
1

Buy
14

Based on 15 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 15 analysts, 1 has given a hold rating, and 14 have given a buy rating for LYV.

Consensus Price Target

$119.85
7.38% Upside

According to the 15 analysts' twelve-month price targets for Live Nation Entertainment, the average price target is $119.85. The highest price target for LYV is $132.00, while the lowest price target for LYV is $100.00. The average price target represents a forecasted upside of 7.38% from the current price of $111.61.

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LYV Analyst Ratings Over Time

Type	Current Forecast 10/9/23 to 10/8/24	1 Month Ago 9/9/23 to 9/8/24	3 Months Ago 7/11/23 to 7/10/24	1 Year Ago 10/9/22 to 10/9/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	14 Buy rating(s)	14 Buy rating(s)	13 Buy rating(s)	8 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$119.85	$119.46	$115.58	$104.92
Forecasted Upside	7.38% Upside	28.76% Upside	22.40% Upside	20.64% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

Live Nation Entertainment Stock vs. The Competition

Type	Live Nation Entertainment	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.93	2.55	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	7.80% Upside	1,152.41% Upside	7.88% Upside
News Sentiment Rating	Positive News See Recent LYV News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/8/2024	Macquarie 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$125.00 ➝ $130.00	+16.87%
9/10/2024	Benchmark 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$132.00 ➝ $132.00	+39.79%
9/6/2024	Oppenheimer 3 of 5 stars		Boost Target	Outperform ➝ Outperform	$110.00 ➝ $120.00	+27.35%
9/4/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$125.00	+31.11%
8/15/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$123.00 ➝ $123.00	+31.54%
8/1/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$121.00 ➝ $122.00	+30.52%
Get the Latest News and Ratings for LYV and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Live Nation Entertainment and its competitors with MarketBeat's FREE daily newsletter.
7/31/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$116.00 ➝ $118.00	+22.44%
6/12/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$120.00 ➝ $120.00	+33.33%
5/28/2024	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
5/24/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$120.00 ➝ $120.00	+27.08%
5/9/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$114.00 ➝ $115.00	+20.04%
4/16/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$108.00	+16.32%
1/11/2024	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Handler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
10/26/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$124.00 ➝ $125.00	+59.52%
10/26/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	In-Line ➝ Outperform	$100.00	+28.70%
7/31/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$110.00 ➝ $120.00	+34.33%
12/8/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$120.00 ➝ $92.00	+29.32%
11/22/2022	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Edward Vyvyan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral
11/4/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$130.00 ➝ $112.00	+47.43%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:18 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 Sunday, October 6, 2024. Please send any questions or comments about these Live Nation Entertainment pros and cons to contact@marketbeat.com.

Live Nation Entertainment
Bull Case

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

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide, with a strong presence in the Concerts, Ticketing, and Sponsorship & Advertising segments.
The company has shown consistent growth and success in promoting live music events, which can lead to increased revenue and profitability.
Recent developments in the live entertainment industry have created new opportunities for Live Nation Entertainment, Inc. to expand its market reach and attract more customers.
Live Nation Entertainment, Inc. has a solid track record of adapting to changing market trends and consumer preferences, which can help maintain its competitive edge.
Investors may find the current stock price of Live Nation Entertainment, Inc. to be attractive, especially considering the potential for future growth and returns.

Live Nation Entertainment
Bear Case

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

While Live Nation Entertainment, Inc. has shown growth potential, the live entertainment industry can be volatile and subject to external factors that may impact the company's performance.
Competition in the live entertainment space is fierce, with other companies vying for market share and consumer attention, which could pose challenges for Live Nation Entertainment, Inc.
Changes in consumer behavior and preferences, as well as economic conditions, could affect the demand for live entertainment events and impact Live Nation Entertainment, Inc.'s revenue streams.
Investors should carefully consider the risks associated with investing in Live Nation Entertainment, Inc., including market fluctuations, regulatory changes, and other external factors that could impact the company's financial performance.
It is important for investors to conduct thorough research and analysis before making investment decisions related to Live Nation Entertainment, Inc., taking into account both the potential benefits and risks involved.

LYV Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Live Nation Entertainment is $119.85, with a high forecast of $132.00 and a low forecast of $100.00.
: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Live Nation Entertainment in the last twelve months. There is currently 1 hold rating and 14 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 7.38% based on their 12-month stock forecasts.
: Live Nation Entertainment has been rated by research analysts at Bank of America, Benchmark, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Macquarie, Oppenheimer, and Rosenblatt Securities 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 2.93 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how LYV compares to other companies.