Zacks Research Has Negative Forecast for LYV Q3 Earnings

Key Points

• Zacks Research revised its Q3 2026 earnings per share estimate for Live Nation Entertainment down from $2.18 to $1.92, indicating a bearish outlook for the company's upcoming financial performance.
• Live Nation's recent quarterly earnings report showed $0.41 earnings per share, falling short of the consensus estimate of $1.08, despite revenues of $7.01 billion exceeding expectations.
• The consensus rating among analysts for Live Nation's stock is a Buy, with a target price averaging $168.94, reflecting overall optimism despite recent earnings concerns.

Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) - Zacks Research reduced their Q3 2026 earnings estimates for shares of Live Nation Entertainment in a research report issued to clients and investors on Thursday, August 28th. Zacks Research analyst Team now expects that the company will post earnings of $1.92 per share for the quarter, down from their previous forecast of $2.18. The consensus estimate for Live Nation Entertainment's current full-year earnings is $2.38 per share. Zacks Research also issued estimates for Live Nation Entertainment's FY2026 earnings at $2.44 EPS and Q2 2027 earnings at $1.54 EPS.

Live Nation Entertainment (NYSE:LYV - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.67). Live Nation Entertainment had a return on equity of 105.85% and a net margin of 3.88%.The business had revenue of $7.01 billion for the quarter, compared to analysts' expectations of $6.93 billion. During the same period in the previous year, the company earned $1.03 earnings per share. Live Nation Entertainment's quarterly revenue was up 16.3% on a year-over-year basis.

Several other research firms also recently weighed in on LYV. Sanford C. Bernstein began coverage on shares of Live Nation Entertainment in a report on Wednesday, June 4th. They set an "outperform" rating and a $185.00 target price for the company. Susquehanna set a $165.00 target price on shares of Live Nation Entertainment and gave the stock a "positive" rating in a research report on Tuesday, June 10th. Morgan Stanley set a $180.00 price target on shares of Live Nation Entertainment in a report on Thursday, July 24th. Oppenheimer lifted their price objective on shares of Live Nation Entertainment from $165.00 to $180.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Finally, Guggenheim reissued a "buy" rating and set a $170.00 target price on shares of Live Nation Entertainment in a research report on Wednesday, June 18th. Eighteen investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Live Nation Entertainment has an average rating of "Buy" and an average target price of $168.94.

Live Nation Entertainment Stock Performance

NYSE:LYV traded down $0.58 during trading hours on Monday, reaching $162.40. 126,262 shares of the company's stock were exchanged, compared to its average volume of 2,433,708. The firm has a market capitalization of $38.08 billion, a price-to-earnings ratio of 70.41, a P/E/G ratio of 10.93 and a beta of 1.42. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 5.38. Live Nation Entertainment has a 1-year low of $92.57 and a 1-year high of $167.94. The company has a 50-day moving average of $154.57 and a 200 day moving average of $142.22.

Institutional Trading of Live Nation Entertainment

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Live Nation Entertainment by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 20,306,413 shares of the company's stock valued at $3,071,954,000 after purchasing an additional 423,541 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in shares of Live Nation Entertainment by 4.4% in the first quarter. Canada Pension Plan Investment Board now owns 9,029,939 shares of the company's stock worth $1,179,129,000 after purchasing an additional 379,924 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Live Nation Entertainment by 4.0% in the first quarter. Principal Financial Group Inc. now owns 7,596,509 shares of the company's stock worth $991,952,000 after purchasing an additional 294,310 shares during the last quarter. Independent Franchise Partners LLP increased its position in Live Nation Entertainment by 21.4% during the first quarter. Independent Franchise Partners LLP now owns 5,698,560 shares of the company's stock valued at $744,118,000 after acquiring an additional 1,004,574 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Live Nation Entertainment by 3.8% during the second quarter. Geode Capital Management LLC now owns 4,246,082 shares of the company's stock valued at $639,849,000 after acquiring an additional 156,471 shares during the last quarter. 74.52% of the stock is currently owned by institutional investors.

Live Nation Entertainment Company Profile

Live Nation Entertainment, Inc operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.