Live Nation Entertainment, Inc.

NYSE:LYV Stock Report

Market Cap: US$37.7b

Live Nation Entertainment Valuation

Is LYV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of LYV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: LYV ($162.14) is trading above our estimate of future cash flow value ($143.23)

Significantly Below Future Cash Flow Value: LYV is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LYV?

Key metric: As LYV is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for LYV. This is calculated by dividing LYV's market cap by their current revenue.
What is LYV's PS Ratio?
PS Ratio1.5x
SalesUS$25.20b
Market CapUS$37.68b

Price to Sales Ratio vs Peers

How does LYV's PS Ratio compare to its peers?

The above table shows the PS ratio for LYV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4x
FWON.K Formula One Group
5.7x8.77%US$22.7b
TME Tencent Music Entertainment Group
4.9x11.41%US$22.6b
TKO TKO Group Holdings
3.7x9.80%US$43.5b
WBD Warner Bros. Discovery
1.9x1.28%US$69.9b
LYV Live Nation Entertainment
1.5x7.89%US$37.7b

Price-To-Sales vs Peers: LYV is good value based on its Price-To-Sales Ratio (1.5x) compared to the peer average (4x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does LYV's PS Ratio compare vs other companies in the US Entertainment Industry?

26 CompaniesPrice / SalesEstimated GrowthMarket Cap
IQ iQIYI
0.4x1.62%US$1.54b
AMC AMC Entertainment Holdings
0.1x5.84%US$614.28m
STRZ Starz Entertainment
0.1x-0.89%US$184.59m
DOYU DouYu International Holdings
0.3x-8.14%US$159.34m
LYV 1.5xIndustry Avg. 1.5xNo. of Companies26PS01.63.24.86.48+
26 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: LYV is good value based on its Price-To-Sales Ratio (1.5x) compared to the US Entertainment industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is LYV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LYV PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.5x
Fair PS Ratio1.9x

Price-To-Sales vs Fair Ratio: LYV is good value based on its Price-To-Sales Ratio (1.5x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LYV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$162.14
US$181.27
+11.80%
8.37%US$204.00US$140.00n/a22
Feb ’27US$145.45
US$169.71
+16.68%
8.26%US$190.00US$135.00n/a21
Jan ’27US$142.50
US$170.24
+19.47%
8.40%US$190.00US$135.00n/a21
Dec ’26US$131.10
US$169.14
+29.02%
8.16%US$190.00US$135.00n/a21
Nov ’26US$149.53
US$173.80
+16.23%
8.89%US$190.00US$130.00n/a20
Oct ’26US$158.88
US$174.30
+9.71%
9.21%US$195.00US$130.00n/a20
Sep ’26US$166.49
US$170.00
+2.11%
9.21%US$185.00US$130.00n/a20
Aug ’26US$146.14
US$164.86
+12.81%
8.98%US$185.00US$125.00n/a21
Jul ’26US$149.88
US$162.74
+8.58%
9.52%US$185.00US$125.00n/a22
Jun ’26US$137.19
US$161.01
+17.36%
9.21%US$180.00US$125.00n/a22
May ’26US$131.34
US$161.05
+22.62%
9.89%US$180.00US$122.00n/a22
Apr ’26US$132.01
US$164.62
+24.71%
10.06%US$180.00US$124.00n/a21
Mar ’26US$143.36
US$163.30
+13.91%
10.93%US$180.00US$113.21US$162.1421
Feb ’26US$144.68
US$145.30
+0.43%
11.94%US$163.00US$95.00US$145.4521
Jan ’26US$129.50
US$144.82
+11.83%
11.79%US$163.00US$95.00US$142.5021
Dec ’25US$138.25
US$141.20
+2.13%
11.44%US$163.00US$95.00US$131.1021
Nov ’25US$117.15
US$123.24
+5.20%
8.51%US$137.00US$95.00US$149.5321
Oct ’25US$110.61
US$118.62
+7.25%
7.99%US$132.00US$90.00US$158.8821
Sep ’25US$97.67
US$116.82
+19.61%
8.86%US$132.00US$90.00US$166.4920
Aug ’25US$92.98
US$116.67
+25.48%
8.88%US$132.00US$90.00US$146.1420
Jul ’25US$94.77
US$116.47
+22.90%
8.72%US$132.00US$90.00US$149.8820
Jun ’25US$93.74
US$118.14
+26.03%
8.50%US$132.00US$90.00US$137.1920
May ’25US$89.28
US$117.84
+31.99%
8.50%US$130.00US$85.00US$131.3422
Apr ’25US$104.22
US$117.69
+12.92%
8.87%US$130.00US$85.00US$132.0120
Mar ’25US$97.15
US$117.16
+20.59%
9.33%US$130.00US$85.00US$143.3619
US$181.27
Fair Value
10.6% undervalued intrinsic discount
22
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/01 00:43
End of Day Share Price 2026/02/27 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Live Nation Entertainment, Inc. is covered by 34 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew HarriganBenchmark Company
Brennan MatthewsBerenberg
Ian MooreBernstein