
NYSE:LYV
This summary was created by AI, based on 4 opinions in the last 12 months.
Live Nation Entertainment Inc. (LYV) is widely regarded as a dominant player in the live music industry, with experts highlighting its unique position and strong performance metrics. There has been a significant increase in deferred revenue, which has risen by 22% year-over-year, indicating strong demand for live events. Ticket sales are also up by 11%, suggesting a robust resurgence in live performances. Despite ongoing legal challenges, including a settlement with the DOJ related to antitrust issues, analysts remain optimistic about the company’s business model and growth potential. Overall, the consensus is that Live Nation's performance and revenue growth trajectory remain intact, and no major breakup of the company is expected from the ongoing legal proceedings.
It's pricey but should be. Goldman Sachs predicts a blockbuster year for them and it's justified in this reopening. LN sells beer, t-shirts and VIP packages which offer super-high margins. LN controls so many venues and faces little competition. A great company, but not cheap.
He has not done a lot of work on this company, but is aware they have been putting up monster earnings results. They are consistent earnings beaters, but when there are not on guidance, it is usually earnings lower than target. This makes the stock too risky for his conservative investments, but would consider it a speculative buy.
(A Past Top Pick on April 17, 2017, Up 30%) They sold tickets to 30,000 concerts last year globally. Revenues up around 20% in 2017, though this growth likely won't continue at this pace. That said, sponsorship, ticket sales and beer revenues all point to good revenues this year. You can't download a live show.