Live Nation Entertainment, Inc. (LYV) Stock Price & Analysis
Live Nation Entertainment, Inc. (LYV) is trading at USD 173.42, down 0.62% today, as of October 23, 2026 at 16:40 UTC (US market open; quotes may be delayed), according to Nexqual market data.
LYV last closed at USD 174.5; today's session has ranged USD 173.01–175.4 on volume of 487,390 shares. Market capitalization is $40.40B, with a 52-week range of USD 125.34–189.25 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 16:40 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LYV.md
Key facts (LYV)
- Last four reported quarters (through Jun 30, 2026): revenue $26.3B, net income $135M (0.5% margin), free cash flow $1.38B (SEC filings).
- Valuation: P/E 299.9x (avg 46.5x at the last 3 fiscal year-ends), EV/EBITDA 27.2x, net debt $130M.
- 8 of 80 tracked superinvestors hold LYV (13F, Q2 2026): 0 new, 3 added, 3 reduced, 2 unchanged.
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $26.8M; 4 not under a Rule 10b5-1 plan ($26.8M); 2 by opportunistic insiders (2 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.20 on a 1–5 scale) (25 analysts), mean target USD 202.63 (range 145–222).
- Total return with dividends: 1Y +13.1% vs S&P 500 +14.6%; 5Y +71.4% vs S&P 500 +77.3%.
- Next earnings: 2026-11-05, EPS estimate USD 1.5, revenue estimate $9.58B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LYV)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.27B | $16.7B | $22.7B | $23.2B | $25.2B | $26.3B |
| Operating income | -$418M | $722M | $1.08B | $825M | $1.25B | $801M |
| Net income | -$651M | $266M | $557M | $896M | $496M | $135M |
| EPS (diluted) | -$3.09 | $0.52 | $1.34 | $2.74 | -$0.24 | — |
| Free cash flow | $1.63B | $1.49B | $924M | $1.08B | $334M | $1.38B |
| Operating margin | -6.7% | 4.3% | 4.8% | 3.6% | 5.0% | 3.0% |
| Net margin | -10.4% | 1.6% | 2.5% | 3.9% | 2.0% | 0.5% |
| Revenue growth | +236.8% | +166.1% | +36.2% | +1.9% | +8.8% | — |
| Cash + short-term investments | $4.88B | $5.61B | $6.23B | $6.10B | $7.09B | — |
| Total debt | $5.73B | $5.90B | $6.59B | $6.44B | $8.20B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LYV)
P/E 299.9x · P/S 1.5x · EV/EBITDA 27.2x · EV/Sales 1.5x · P/FCF 29.2x · P/B 490.7x · FCF yield 3.42% · Earnings yield 0.33% · Net debt $130M · EV $40.5B
P/E at fiscal year-ends: Dec 2025 66.6x, Dec 2024 34.1x, Dec 2023 38.8x.
Superinvestors (SEC 13F-HR, Q2 2026) (LYV)
8 of 80 tracked investors hold LYV. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Pat Dorsey | Dorsey Asset Management | 7.69% | $120M | Added +7.9% |
| Daniel Loeb | Third Point | 4.48% | $208M | Added +144.1% |
| Triple Frond Partners | 3.24% | $36.3M | Reduced -15.6% | |
| William Von Mueffling | Cantillon Capital Management | 3.12% | $20.8M | Reduced -95.4% |
| Sarah Ketterer | Causeway Capital Management | 1.40% | $129M | Added +34.2% |
| ValueAct Capital | 0.98% | $55.3M | Reduced -51.6% | |
| Mason Hawkins | Southeastern Asset Management | 0.08% | $1.5M | Unchanged |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $275K | Unchanged |
Insider sales (SEC Form 4, open-market, last ~7 months) (LYV)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-24 | Capo Brian | Chief Accounting Officer | 2,900 | $534K | 25.1% | No | Too little history (no open-market trades in 2023) |
| 2026-06-15 | Hinson Jeffrey T. | Director | 2,115 | $370K | 4.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-08 | Rowles Michael | EVP & General Counsel | 63,776 | $10.5M | 23.8% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-07 | Hopmans John | EVP, M&A and Strategic Finance | 93,078 | $15.5M | 33% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (LYV)
Consensus Buy (mean 2.20 on a 1–5 scale), 25 analysts; mean target USD 202.63 (low 145, high 222).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Susquehanna | Target lowered | Neutral | $187 → $183 |
| 2026-10-19 | Morgan Stanley | Target raised | Overweight | $200 → $215 |
| 2026-10-19 | BTIG | Reiterated | Buy | $215 |
| 2026-08-03 | Citigroup | Target raised | Buy | $181 → $212 |
| 2026-07-31 | Bernstein | Target raised | Outperform | $200 → $215 |
| 2026-07-31 | Oppenheimer | Target raised | Outperform | $200 → $210 |
| 2026-07-31 | Guggenheim | Target raised | Buy | $197 → $218 |
| 2026-07-31 | Benchmark | Target raised | Buy | $190 → $215 |
| 2026-07-31 | Susquehanna | Target raised | Neutral | $186 → $187 |
| 2026-07-31 | BTIG | Reiterated | Buy | $215 |
| 2026-07-23 | BTIG | Initiated | Buy | $215 |
| 2026-07-22 | Citizens | Target raised | Market Outperform | $190 → $215 |
Total return (dividends reinvested) (LYV)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +13.1% | +71.4% |
| S&P 500 (SPY) | +14.6% | +77.3% |
| Per year | +13.1% | +11.4% |
| Volatility (annualized) | 30.9% | 33.8% |
| Max drawdown | -18.1% (Oct 2025→Nov 2025) | -47.7% (Feb 2022→Mar 2023) |
LYV revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Concerts | $6.44B | 84.1% | +8.4% |
| Ticketing | $852.2M | 11.1% | +14.7% |
| Sponsorship and Advertising | $383.0M | 5.0% | +12.5% |
| Total revenue | $7.67B | 100% | — |
LYV revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Total Domestic Operations | $14.33B | 56.9% | -0.3% |
| Total Foreign Operations | $10.87B | 43.1% | +23.8% |
| — Europe (part of Total Foreign Operations) | $5.82B | 23.1% | +25.8% |
| — Total Other Foreign Operations (part of Total Foreign Operations) | $5.06B | 20.1% | +21.5% |
| Total revenue | $25.20B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
LYV suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Related party | Liberty Media Corp (FWONA) | “This related party relationship ended when Liberty Live was split off from Liberty Media Corporation.” |
Quoted from the company's 10-K filed Feb 19, 2026.
Companies that name LYV in their SEC reports
| Relationship to LYV | Company | Filing | Sentence |
|---|---|---|---|
| partner | PENN Entertainment, Inc. (PENN) | 10-K Feb 26, 2026 | “We seek to grow our customer database and PENN Play loyalty program through our iCasino and OSB businesses, the development of new properties, the expansion of existing properties and other business lines, and through partnerships with third-party partners, such as Shake Shack Inc., Ticketmaster Entertainment, LLC, Norwegian Cruise Line Holdings Ltd., Live Nation Entertainment, Inc., and Choice Hotels Internationa…” |
LYV company outlook (results filed Jul 30, 2026)
- “Risk Factors" of the company's most recent Annual Report filed on Form 10-K, and Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K, which contain and identify other important factors that could cause actual results to differ materially from those contained in the company's projections or forward-looking statements.”
Quoted word-for-word from the SEC 8-K results press release.
LYV analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.50 | $1.83 | -17.9% | $9.58B | 13 |
| Next quarter (ends Dec 2026) | $-1.18 | $-1.04 | +13.5% | $7.07B | 13 |
| Current fiscal year (ends Dec 2026) | $-0.45 | $-0.57 | -20.0% | $28.12B | 16 |
| Next fiscal year (ends Dec 2027) | $1.90 | $2.19 | -13.3% | $30.73B | 16 |
LYV options: expected move
Options price a move of about ±6.5% (±$11.20) by Nov 6, 2026, which includes earnings on Nov 5, 2026; the earnings reaction alone is priced at about ±4.8%. Over the last 8 reports the stock moved ±4.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 28.5% | ±3.3% |
| Nov 6, 2026 | 14 | 40.9% | ±6.5% |
| Nov 13, 2026 | 21 | 36.5% | ±7.1% |
| Nov 20, 2026 | 28 | 35.5% | ±7.9% |
| Nov 27, 2026 | 35 | 33.8% | ±8.4% |
| Dec 4, 2026 | 42 | 32.9% | ±9.0% |
| Dec 18, 2026 | 56 | 31.4% | ±9.9% |
| Jan 15, 2027 | 84 | 30.0% | ±11.6% |
30-day implied volatility 34.2% vs 16.3% realized over the last 30 trading days. Put/call ratio (volume) 0.24. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 16:40 UTC)
| Price | USD 173.42 |
|---|---|
| Change | ▼ 0.62% (down) |
| Previous Close | USD 174.5 |
| Open | USD 173.53 |
| Day Range | USD 173.01 – 175.4 |
| 52-Week Range | USD 125.34 – 189.25 |
| Volume | 487,390 shares |
| Market Cap | $40.40B |
| Exchange | NYQ |
Technical Analysis (LYV)
Nexqual's technical model rates LYV "BUY" based on 4 bullish and 1 bearish signals across 128 daily candles, as of October 23, 2026 at 16:40 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 55.45 (neutral) |
| vs SMA50 | Below (USD 174.14) |
| MACD | 0.21 (positive) |
Analyst Ratings (LYV)
Wall Street analysts rate LYV "Buy" based on 25 analysts, with a mean price target of USD 202.63 (range USD 145–222), per Nexqual as of October 23, 2026 at 16:40 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 25 |
| Mean Target | USD 202.63 |
| High Target | USD 222 |
| Low Target | USD 145 |
| Buy / Hold / Sell | 20 / 3 / 2 |
Earnings (LYV)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 1.5 |
| Revenue Estimate | $9.58B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.05 vs est 0.57 ▲ beat |
| 2026-03-31 | USD -1.85 vs est -0.32 ▼ miss |
| 2025-12-31 | USD -1.06 vs est -1.05 ▼ miss |
| 2025-09-30 | USD 0.73 vs est 1.49 ▼ miss |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Financials & Fundamentals (LYV)
| Total Revenue | $26.27B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +9.40% |
| Gross Margin | +25.78% |
| Operating Margin | +6.70% |
| Profit Margin | +0.51% |
| ROE | +17.68% |
| Debt / Equity | 6.2 |
| Current Ratio | 0.85 |
| Total Cash | $9.07B |
| Total Debt | $11.28B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $1.38B (5.3% of revenue) |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Financial Health Score (LYV)
Nexqual rates Live Nation Entertainment, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 16:40 UTC.
| Growth | Solid — Revenue +9% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 26%, operating 7% (last 12 months) |
| Balance Sheet | Critical — $9.07B cash and investments vs $9.20B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $1.38B (last 4 quarters to Jun 2026, SEC), 5% margin |
| Efficiency | Solid — ROE 18%, ROA 2.1% |
Ownership (LYV)
| Insider Ownership | +32.41% |
|---|---|
| Institutional Ownership | +85.69% |
| Shares Outstanding | 232.96M |
| Float | 157.24M |
| Short % of Float | +15.19% |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Leadership (LYV)
Live Nation Entertainment, Inc. is led by Michael Rapino, President, CEO & Director, per Nexqual as of October 23, 2026 at 16:40 UTC.
| President, CEO & Director | Michael Rapino |
|---|---|
| President & CFO | Joe Berchtold |
| Executive Vice President of Mergers & Acquisitions and Strategic Finance | John Hopmans |
| Senior Vice President of Investor Relations | Amy Yong |
| Senior Vice President of Corporate Affairs, Corporate Communications & Social Impact | Kaitlyn Henrich |
Major Backers & Investors (LYV)
Notable institutional backers of Live Nation Entertainment, Inc. include FMR, LLC, Principal Financial Group, Inc., Capital International Investors, according to Nexqual as of October 23, 2026 at 16:40 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 4.54% |
| Principal Financial Group, Inc. | 4.23% |
| Capital International Investors | 3.06% |
| Bank of America Corporation | 2.83% |
| Principal Funds, Inc-MidCap Fund | 2.77% |
| Independent Franchise Partners, LLP | 2.55% |
| Growth Fund of America | 2.55% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 7.96% |
| BlackRock | 5.74% |
| State Street | 4.83% |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
From Live Nation Entertainment, Inc.'s Latest SEC 10-K Filing (filed 2026-02-19)
Key Strengths & Strategy (as disclosed to the SEC)
- We believe that we are the largest live entertainment company in the world, connecting over 805 million fans across all of our concerts and ticketing platforms in 55 countries during 2025.
- Our sponsors include some of the most well-recognized national and global brands across diverse sectors including consumer, financials and leisure, such as Citibank, O2, Mastercard, Cisco, Red Bull and Anheuser Busch (each of these brands is a registered trademark of the sponsor).
- We are required to comply with federal, state and international laws regarding privacy and the storing, sharing, use, disclosure and protection of personally identifiable information and user data, an area that is increasingly subject to legislation and regulations in numerous jurisdictions around the world, including the European Union's GDPR (as defined and discussed below in Item 1A.—Risk Factors) and the California Consumer Protection Act.
- We believe we are the largest producer of live music concerts in the world, based on total fans that attend Live Nation events as compared to events of other promoters, connecting 159 million fans to over 11,000 artists at 55,000 events in 2025.
Partnerships
- Agreements with promoter clients in other international markets generally grant us the right to an allocation of tickets for events presented by a given promoter at any venue, unless that venue is already covered by an existing exclusive agreement with our ticketing business or another ticketing service provider.
Legal & Regulatory Risks (Item 1A, quoted)
- Our failure to comply with these laws and regulations could result in proceedings/fines against us by governmental agencies and private actions brought by consumers, which if material, could adversely affect our business, financial condition and results of operations.
- Unfavorable outcomes in legal proceedings may adversely affect our business and operating results.
- Our results may be affected by the outcome of pending and future litigation.
- We believe that we have substantial defenses to the claims asserted in these two matters, but due to the nature of the allegations and the potential remedies being sought, an unfavorable outcome in either matter could have a material adverse impact on our business and operating results.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SKYD | Skydance Corporation | USD 7.79 | ▼ 0.06% |
| TKO | TKO Group Holdings, Inc. | USD 176.84 | ▼ 0.5% |
| FOXA | Fox Corporation | USD 67.35 | ▼ 1.35% |
| ROKU | Roku, Inc. | USD 159.25 | ▼ 0.51% |
| FWONK | Liberty Media Corporation - Ser | USD 90.13 | ▼ 1.12% |
| NWS | News Corporation | USD 34.05 | ▲ 0.29% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 16:40 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt