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LYV

Live Nation Entertainment Inc

NYSE: LYV · COMMUNICATION SERVICES · ENTERTAINMENT

$153.13
-1.05% today

Updated 2026-04-29

Market cap
$36.00B
P/E ratio
—
P/S ratio
1.43x
EPS (TTM)
$-0.25
Dividend yield
—
52W range
$125 – $175
Volume
3.1M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Live Nation Entertainment Inc (LYV) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$153.13
Consensus
$182.38
+19.10%
2030 Target
$1,993.60
+1201.90%
DCF
$167.62
+9.85% MoS
21 analysts:
8 Buy1 Hold2 Sell

Management guidance

Live Nation signaled 'record 2026' during Q4 2025 earnings (Feb 2026), indicating strong concert demand globally. CEO emphasized robust ticket sales and concert attendance growth driving revenue expansion, but no specific 2026+ revenue targets were disclosed in available filings. Management expects sustained momentum from international expansion and artist/venue relationships.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$3,333.05
$39.1B Rev × 20x P/S
Base case (2030)
$1,993.60
$39.1B Rev × 12x P/S
Bear case (2030)
$1,339.45
$39.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$22.7B$23.2B$25.2B$27.8B$30.4B$33.1B$36.0B$39.1B
Revenue growth—1.9%8.8%10.2%9.3%9.0%8.8%8.6%
EPS$1.30$3.55$0.17$1.58$2.52$3.15$3.95$4.85
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$1,417.33$1,557.50$1,697.68$1,837.85$1,993.60

Catalysts & risks

Growth catalysts
+ DOJ antitrust settlement (reached March 2026) allowing Ticketmaster retention - removes overhang and enables strategic focus
+ Record 2026 concert attendance and touring demand - global economic reopening post-pandemic driving live events recovery
+ International expansion acceleration - growing market share outside North America in Europe and Asia-Pacific
+ Vertical integration benefits - ticketing, venue operations, and artist management driving margin expansion
+ Technology platform upgrades - Apple Music partnership with Ticketmaster expanding discovery and customer acquisition
Key risks
- Antitrust regulatory scrutiny from state-level authorities - states pushing for additional remedies beyond DOJ settlement
- Economic recession impact on discretionary concert spending - consumer pullback would directly reduce ticket sales
- Artist/venue concentration risk - major artists/promoters switching could materially impact revenue and margins
- Negative sentiment around ticket fees - FTC lawsuit (April 2026) alleges illegal resale tactics, regulatory pressure mounting
- Debt burden - $42B enterprise value with high leverage limits financial flexibility for downturns

Methodology

Live Nation Entertainment Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 21 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.