Live Nation Entertainment (LYV) Stock Price & AI Analysis
NASDAQ
$136.76
$22.97 (1.86%)
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Market Cap 32.03B
Volume
2.12M
Avg Volume
2.47M
Target Price $118.98
52W Range
81.81 - 141.18
RSI (14) 64.62
Beta 1.37
PEG Ratio 4.54
SMA 20
1.88
SMA 50
11.45
SMA 200
32.84
Insider Owner 33.11%
Insider Trans -0.23%
Institution Owner 75.23%
Institution Trans 1.92%
Short Interest 14.94%
EPS next Y 125.94
Live Nation Entertainment Company Profile
Live Nation Entertainment, Inc. operates as an entertainment company. The firm engages in producing, marketing, and selling live concerts for artists via its global concert pipe. It operates through the following segments: Concerts, Sponsorship and Advertising, and Ticketing. The Concerts segment is involved in the promotion of live music events in owned or operated venues and in rented third-party venues. The Sponsorship and Advertising segment manages the development of strategic sponsorship programs in addition to the sale of international, national, and local sponsorships and placement of advertising such as signage, promotional programs, rich media offerings, including advertising associated with live streaming and music-related content, and ads across its distribution network of venues, events, and websites. The Ticketing segment is involved in the management of the global ticketing operations, including providing ticketing software and services to clients, and consumers with a marketplace, both online and mobile, for tickets and event information. The Ticketing segment also operates the firm’s primary ticketing website, www.ticketmaster.com. The company was founded in 1996 and is headquartered in Beverly Hills, CA.
Analyst recommendations
Live Nation Entertainment, Inc. operates as an entertainment company. The firm engages in producing, marketing, and selling live concerts for artists via its global concert pipe. It operates through the following segments: Concerts, Sponsorship and Advertising, and Ticketing. The Concerts segment is involved in the promotion of live music events in owned or operated venues and in rented third-party venues. The Sponsorship and Advertising segment manages the development of strategic sponsorship programs in addition to the sale of international, national, and local sponsorships and placement of advertising such as signage, promotional programs, rich media offerings, including advertising associated with live streaming and music-related content, and ads across its distribution network of venues, events, and websites. The Ticketing segment is involved in the management of the global ticketing operations, including providing ticketing software and services to clients, and consumers with a marketplace, both online and mobile, for tickets and event information. The Ticketing segment also operates the firm’s primary ticketing website, www.ticketmaster.com. The company was founded in 1996 and is headquartered in Beverly Hills, CA.
The notes, priced at 100% of their principal amount, carry an interest rate of 2.875% per annum. The proceeds will be used to repurchase existing convertible notes, repay outstanding credit, and for general corporate purposes.
Live Nation Entertainment Inc (LYV, Financial), the global leader in live entertainment, announced on December 3, 2024, its intention to offer $1 billion in convertible senior notes due 2030 ...