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Live Nation Entertainment (LYV) Stock Forecast & Price Target

$101.98
+2.55 (+2.56%)
(As of 04:27 PM ET)

Live Nation Entertainment - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 13 Analyst Ratings

Consensus Price Target

$116.83
14.56% Upside
High Forecast$126.00
Average Forecast$116.83
Low Forecast$100.00
TypeCurrent Forecast
5/22/23 to 5/21/24
1 Month Ago
4/22/23 to 4/21/24
3 Months Ago
2/21/23 to 2/21/24
1 Year Ago
5/22/22 to 5/22/23
Consensus Rating
Buy
Buy
Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
11 Buy rating(s)
12 Buy rating(s)
7 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$116.83$115.70$109.91$98.55
Forecasted Upside14.56% Upside28.39% Upside29.16% Upside30.77% Upside
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LYV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LYV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Live Nation Entertainment Stock vs. The Competition

TypeLive Nation EntertainmentConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
3.00
2.56
2.49
Consensus RatingBuyModerate BuyHold
Predicted Upside14.35% Upside84.55% Upside8.27% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/9/2024Redburn Atlantic
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 UpgradeNeutral ➝ Buy$114.00 ➝ $115.00+20.04%
5/6/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$120.00 ➝ $121.00+26.17%
5/3/2024Rosenblatt Securities
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 Boost TargetBuy ➝ Buy$119.00 ➝ $122.00+38.21%
4/23/2024Roth Mkm
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 Reiterated RatingBuy ➝ Buy$120.00+31.90%
4/16/2024TD Cowen
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 Reiterated RatingBuy ➝ Buy$108.00+16.32%
2/23/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$124.00 ➝ $126.00+32.41%
2/23/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$110.00 ➝ $120.00+24.96%
2/21/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$105.00 ➝ $115.00+25.67%
1/11/2024Roth Capital
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E. Handler
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UpgradeNeutral ➝ Buy
10/26/2023Guggenheim
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 Boost TargetBuy ➝ Buy$124.00 ➝ $125.00+59.52%
10/26/2023Evercore ISI
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 UpgradeIn-Line ➝ Outperform$100.00+28.70%
10/9/2023Benchmark
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 Reiterated RatingBuy ➝ Buy$110.00+25.70%
7/31/2023Citigroup
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 Boost TargetBuy$110.00 ➝ $120.00+34.33%
3/20/2023Northcoast Research
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 UpgradeNeutral ➝ Buy$85.00+28.13%
12/8/2022Jefferies Financial Group
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 Lower Target$120.00 ➝ $92.00+29.32%
11/22/2022Redburn Partners
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Edward Vyvyan
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Initiated CoverageNeutral
11/4/2022The Goldman Sachs Group
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 Lower TargetBuy$130.00 ➝ $112.00+47.43%
7/5/2022Macquarie
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 UpgradeNeutral ➝ Outperform$117.00 ➝ $105.00+26.41%
6/2/2022Wolfe Research
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 Lower TargetOutperform$145.00 ➝ $119.00+25.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:22 PM ET.

LYV Frequently Asked Questions

What is Live Nation Entertainment's stock forecast and purchase recommendation?

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Live Nation Entertainment is $116.83, with a high forecast of $126.00 and a low forecast of $100.00. The consensus rating for Live Nation Entertainment stock is Buy based on the current 13 buy ratings for LYV. Learn more on LYV's analyst rating history.

Do Wall Street analysts like Live Nation Entertainment more than its competitors?

Analysts like Live Nation Entertainment more than other "consumer discretionary" companies. The consensus rating for Live Nation Entertainment is Buy while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how LYV compares to other companies.

Is Live Nation Entertainment being upgraded by Wall Street analysts?

Over the previous 90 days, Live Nation Entertainment's stock had 1 upgrade by analysts.

Does Live Nation Entertainment's stock price have much upside?

According to analysts, Live Nation Entertainment's stock has a predicted upside of 29.89% based on their 12-month stock forecasts.

What analysts cover Live Nation Entertainment?

Live Nation Entertainment has been rated by research analysts at Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, Redburn Atlantic, Rosenblatt Securities, Roth Mkm, and TD Cowen in the past 90 days.


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This page (NYSE:LYV) was last updated on 5/21/2024 by MarketBeat.com Staff

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