Live Nation Entertainment

LYV · NYSE

$174.79+$3.99 (+2.34%)TodayMarket closed · Oct 20, 5:03 PM ET

Prev close $170.80

LYV analyst rating

BuyConsensus of 19 analysts over the last 12 months. 89% rate it a buy.

Strong buy0
Buy17
Hold2
Underperform0
Sell0

12-month price target · 28 analysts

Average $203.74 (+16.6% upside)

Low: $146.45
Now: $174.79
High: $233.10

Upgrades and downgrades

The latest rating actions, newest first

LYV analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Susquehanna	Oct 20, 2026	Maintains	Neutral	$187.00 → $183.00	50%
Morgan Stanley	Oct 19, 2026	Maintains	Overweight	$200.00 → $215.00	93%
BTIG	Oct 19, 2026	Maintains	Buy	$215.00	39%
Citigroup	Aug 3, 2026	Maintains	Buy	$181.00 → $212.00	60%
Bernstein	Jul 31, 2026	Maintains	Outperform	$200.00 → $215.00	7%
Oppenheimer	Jul 31, 2026	Maintains	Outperform	$200.00 → $210.00	58%
Guggenheim	Jul 31, 2026	Maintains	Buy	$197.00 → $218.00	45%
Benchmark	Jul 31, 2026	Maintains	Buy	$190.00 → $215.00	52%
Susquehanna	Jul 31, 2026	Maintains	Neutral	$186.00 → $187.00	50%
BTIG	Jul 31, 2026	Maintains	Buy	$215.00	39%

The case for and against

Updated May 8, 2026

Bull case

Live Nation Entertainment is well-positioned as the dominant player in the live entertainment market, with a global reach and a diverse revenue stream. The company's strong leading indicators, such as ticket sales, sponsorship commitments, and event-related deferred revenue, indicate resilient consumer demand and a positive outlook for 2026. Additionally, Live Nation has identified multiple opportunities for growth, including increasing concert market share, optimizing show performance, and expanding its venue portfolio, which could drive significant growth in Adjusted Operating Income (AOI) by 2028. Despite potential risks, such as antitrust scrutiny and changes in consumer tastes, the company's strong position in the market and proven track record make it a solid investment opportunity.

Bear case

Live Nation Entertainment is facing potential revenue opportunities with increased venue ownership, sponsorship growth, and market share gains for Ticketmaster. However, rising CAPEX and expenses such as interest, taxes, and non-controlling interests could affect the company's bottom line and potential for free cash flow. Additionally, the company's reliance on live events and fan attendance could leave it vulnerable to external factors such as the ongoing pandemic and economic downturns.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.