Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- AI Summary
- About
LYV 
Live Nation Entertainment Inc (LYV)
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
01/21/2025: LYV (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 30.6% | Avg. Invested days 53 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 01/21/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 32.03B USD | Price to earnings Ratio 154.34 | 1Y Target Price 144.82 |
Price to earnings Ratio 154.34 | 1Y Target Price 144.82 | ||
Volume (30-day avg) 1769177 | Beta 1.33 | 52 Weeks Range 86.67 - 141.18 | Updated Date 01/21/2025 |
52 Weeks Range 86.67 - 141.18 | Updated Date 01/21/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.9 |
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 2.01% | Operating Margin (TTM) 8.31% |
Management Effectiveness
Return on Assets (TTM) 3.19% | Return on Equity (TTM) 35.81% |
Valuation
Trailing PE 154.34 | Forward PE 71.43 | Enterprise Value 33970472004 | Price to Sales(TTM) 1.37 |
Enterprise Value 33970472004 | Price to Sales(TTM) 1.37 | ||
Enterprise Value to Revenue 1.46 | Enterprise Value to EBITDA 19.28 | Shares Outstanding 230599008 | Shares Floating 158640768 |
Shares Outstanding 230599008 | Shares Floating 158640768 | ||
Percent Insiders 32.39 | Percent Institutions 75.99 |
AI Summary
Live Nation Entertainment Inc. (LYV): Comprehensive Overview
Company Profile:
History and Background:
Live Nation Entertainment, Inc. (LYV) was formed in 2005 through the merger of Clear Channel Entertainment and Live Nation. The company has a rich history in live music entertainment, with roots dating back to the 1990s. Today, Live Nation is the world's leading live entertainment company, operating across ticketing, venue management, artist development, and more.
Core Business Areas:
- Ticketmaster: The world's largest ticketing platform, selling tickets to over 100 million events annually.
- Live Nation Concerts: Global leader in live music promotion and production, staging over 40,000 shows each year.
- Artist Management & Development: Representing top artists across genres, providing them with global marketing, branding, and touring support.
- Venue Management: Owning and operating over 150 venues worldwide, catering to artists of all levels.
Leadership:
CEO: Michael Rapino, President & CFO: Joe Berchtold, EVP of Global Touring: Geoff Cross
Market Share:
Products:
- Ticketmaster: holds a dominant position in the primary ticketing market, with an estimated global market share of over 70%.
- Live Nation Concerts: controls approximately 20% of the global live music market.
Competitors:
- AEG: Owns and operates several venues, including Coachella.
- Anschutz Entertainment Group (AEG): Major competitor in live events and venue ownership.
- StubHub: A significant online ticket resale platform.
Total Addressable Market:
The global live events and ticketing market is estimated to be worth over USD 100 billion, with the potential to reach USD 139 billion by 2027.
Financial Performance:
Recent Performance:
- Revenue in Q3 2023: USD 7.4 billion, up 40% year-over-year.
- Net income in Q3 2023: USD 359 million, compared to USD 177 million in Q3 2022.
- EPS in Q3 2023: USD 0.95, compared to USD 0.47 in Q3 2022.
Growth Trajectory:
- Historical growth: Live Nation has consistently delivered double-digit revenue growth over the past 5 years.
- Future growth: The company expects continued strong growth driven by increased concert attendance, ticket price inflation, and expansion into new markets.
Market Dynamics:
The live entertainment industry is experiencing a strong rebound after the pandemic-driven slowdown. Demand for live music shows remains high, with fans eager to return to concerts. Technological advancements are also playing a role, with the rise of online streaming and virtual concerts creating new opportunities for artist engagement.
Key Challenges & Opportunities:
Challenges:
- Supply chain disruptions and rising inflation could impact concert production costs.
- Competition from new entrants in the ticketing and live events space.
Opportunities:
- Expanding into new markets, particularly Asia.
- Leveraging technology to create innovative fan experiences.
- Investing in artist development and nurturing the next generation of music stars.
Recent Acquisitions (2021-2023):
- Ocesa Entertainment (2023): A leading Latin American live entertainment company, enhancing Live Nation's presence in the region.
- Festival Republic (2023): A European live music promoter, strengthening its festival portfolio and global reach.
- Superstruct Entertainment (2021): A UK-based artist management firm, expanding its talent roster and management capabilities.
AI-Based Fundamental Rating:
Rating: 8.5/10
Justification:
- Strong financial performance with consistent revenue growth and profit margin improvements.
- Dominant market position in ticketing and live music events.
- Experienced management team with a proven track record of success.
- Growing opportunities through international expansion and technological advancements.
Disclaimer:
This analysis is based on publicly available information as of November 14, 2023. The provided information should not be considered investment advice.
Sources:
About Live Nation Entertainment Inc
Exchange NYSE | Headquaters Beverly Hills, CA, United States | ||
IPO Launch date 2005-12-21 | President, CEO & Director Mr. Michael Rapino | ||
Sector Communication Services | Industry Entertainment | Full time employees 14700 | |
Full time employees 14700 | |||
Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. 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. This segment operates and manages music venues; produces music festivals; creates and streams 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 and consumers with marketplace for tickets and event information through mobile apps, other websites, retail outlets, and its primary websites, such as livenation.com and ticketmaster.com; and provides ticket resale services. This segment sells tickets for its events and third-party clients in various live event categories. This segment offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online, and promotional programs; rich media offering that comprises 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. It owns, operates, or leases entertainment venues. 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 based in Beverly Hills, California.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.