Aditya Sarawgi
2 min read
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Beverly Hills, California-based Live Nation Entertainment, Inc. (LYV) is a leading global live entertainment company, known for promoting, operating, and managing ticket sales for live events. With a market cap of $33 billion, the company operates through Concerts, Ticketing, and Sponsorship & Advertising segments.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Live Nation Entertainment fits this criterion perfectly. The company owns and operates major concert venues, manages top artists, and comprises global market leaders, Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship.
Live Nation Entertainment currently trades 7.7% below its all-time high of $157.75 recorded on Feb. 21. LYV's stock has surged 19.4% over the past three months, surpassing the Communication Services Select Sector SPDR ETF Fund’s (XLC) 6.3% gain.
Longer term, shares of LYV climbed 61% over the past 52 weeks, notably outperforming the XLC’s 22.4% rise over the same time frame. Moreover, Live Nation Entertainment stock has soared 12.4% on a YTD basis, whereas XLC has increased 6.8%.
LYV stock has been trading above its 50-day moving average since May. Also, despite a few fluctuations, the stock has remained above its 200-day moving average since mid-August last year.
Live Nation Entertainment stock rose 1.9% in the following trading session after it released its Q1 2025 results on May 1. The company reported revenue of $3.4 billion, down 11% year-over-year due to declines across all segments, missing Street expectations of $3.5 billion. Its adjusted operating income fell 5.9% to $341.1 million compared to the prior-year period. However, its EPS showed improvement, narrowing to a loss of $0.32 from a loss of $0.56 in the same quarter last year, which came in ahead of Wall Street estimates.
Compared to its rival, Warner Bros. Discovery, Inc. (WBD) has lagged behind LYV stock. Shares of WBD have gained marginally on a YTD basis and surged 47.8% over the past 52 weeks.
Among the 21 analysts covering the LYV stock, the consensus rating is a “Strong Buy.” Its mean price target of $167.85 suggests a 15.3% upside potential from current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
