Related posts

Markets fade, yields and gold shineStocks modestly reboundTSX flat, Wall Street sinks
Investor Insights

This summary was created by AI, based on 5 opinions in the last 12 months.

Live Nation Entertainment Inc. (LYV-N) is a dominant force in the live events and concert ticket selling industry, controlling almost all live venues for concerts. The company has been building cash reserves, retiring debt, and experiencing tripled sales since the rebound from the pandemic. Analysts expect double-digit growth in key parameters for the next few years and a strong demand for entertainment post-COVID-19. However, the stock is considered expensive at 70X earnings and has some legal issues, but overall, it is seen as a crown jewel in the experience economy with strong potential for growth.

Consensus
Positive
Valuation
Overvalued
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 05/24, Down 9.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LYV has triggered its stop at $89.  To remain disciplined, we recommend covering the position at this time.  

entertainment services
BUY

One of the crown jewels in the experience economy. They have a strangehold on live concerts, being the only public in this space. People keep going to events and increasing. Looks at Taylor Swift. He sees a new high soon.

entertainment services
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

The US based event ticket seller has been building cash reserves and retiring debt.  Pent up demand for concert goers is expected to see double-digit growth in key parameters for the next few years.  It is expensive at 70x earnings, but the 65% ROE demonstrates its market dominance in the sector.  We recommend setting a stop-loss at $89, looking to achieve $117 — upside potential of 20%.  Yield 0% 

(Analysts’ price target is $116.88)
entertainment services
PAST TOP PICK
(A Top Pick Dec 08/23, Up 25%)

They control almost all the live venues for concerts. Demand and schedule for concerts remains huge, like Canadians seeing Taylor Swift in other countries.

entertainment services
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

LYV is up 21% this year, which we would not consider so bad. Sales have tripled since 2020 in the covid rebound, and are expected to rise about 10% next year. Concert sales rose 29% last quarter. There are some legal issues, regarding concentration in the industry and investigations by the government, but otherwise we do not see a lot of issues. At 75X earnings, however, the stock is too expensive to get us really interested. 
Unlock Premium - Try 5i Free

entertainment services
TOP PICK

Post Covid-19 demand for entertainment will remain strong.
Higher prices not impacting demand.
Artists forced to tour as a result of Spotify.
Expecting many years of live show demand growth. 
Expanding vertically into venue ownership. 

entertainment services
PAST TOP PICK
(A Top Pick Mar 28/22, Down 36%)

He sold it last year at $7. The post-Covid reopening impulse has long ended.

entertainment services
TOP PICK
Controversial from the Taylor Swift ticket debacle. Bots crashed the website. Investigations will likely come to nothing. Even without Ticketmaster, it's an absolute behemoth in live concerts. Makes money on everything from parking to programs. Cheap. No dividend. (Analysts’ price target is $100.80)
entertainment services
PAST TOP PICK
(A Top Pick Jul 19/21, Up 26%) He's still buying. Reopening is happening. Anticipates record year, despite shutdowns in Asia. Profits come from the stadium and merchandise.
entertainment services
TOP PICK
It is the parent of TicketMaster and has control or exclusive rights at 235 venues. Most of the revenue will come from concerts and it is expected to have a record year for revenue. 2022 is expected to have a year similar to 2019. Buy 8, Hold 6, Sell 1 (Analysts’ price target is $127.54)
entertainment services
PAST TOP PICK
(A Top Pick Jun 22/21, Up 31%) Still owns it and will hold on. He's long on it.
entertainment services
BUY ON WEAKNESS
The largest concert promotor and ticket seller. He was surprised how well the stock did during COVID. They are the only game in town in the space. The problem is the market has already factored in the return of events, so there is not much upside left to be had.
entertainment services
BUY
Has no real competition. It is the gold standard with relationships with the top artists, arenas and stadiums. Concerts are back. There is a multi-year backlog of these concerts. There may be set backs but it will come back, especially with vaccination passports. Still has runway.
entertainment services
TOP PICK
There is enormous pent up demand for live entertainment. The pent up demand is probably three years now. He is pretty excited for the live experiences to start up again. It is a 2022 story. This is a good entry point today. (Analysts’ price target is $91.08)
entertainment services
BUY

He'd double-down on this after recommending this some weeks ago, though the stock has been a bit of a dud since then. Let's assume demand will be there. Goldman Sachs (in this bullish call today) said there'll be twice as many musicians touring than in a normal year, and LN can capitalize. Rising cases are not enough to justify lockdowns, because people won't allow. He still likes this.

entertainment services
Showing 1 to 15 of 37 entries

Live Nation Entertainment Inc.(LYV-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Live Nation Entertainment Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Live Nation Entertainment Inc.(LYV-N) Frequently Asked Questions

What is Live Nation Entertainment Inc. stock symbol?

Live Nation Entertainment Inc. is a American stock, trading under the symbol LYV-N on the New York Stock Exchange (LYV). It is usually referred to as NYSE:LYV or LYV-N

Is Live Nation Entertainment Inc. a buy or a sell?

In the last year, 4 stock analysts published opinions about LYV-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Live Nation Entertainment Inc..

Is Live Nation Entertainment Inc. a good investment or a top pick?

Live Nation Entertainment Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Live Nation Entertainment Inc..

Why is Live Nation Entertainment Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Live Nation Entertainment Inc. worth watching?

4 stock analysts on Stockchase covered Live Nation Entertainment Inc. In the last year. It is a trending stock that is worth watching.

What is Live Nation Entertainment Inc. stock price?

On 2024-05-29, Live Nation Entertainment Inc. (LYV-N) stock closed at a price of $94.