Live Nation Entertainment (NYSE:LYV – Free Report) had its price target raised by JPMorgan Chase & Co. from $178.00 to $180.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an overweight rating on the stock.
A number of other analysts have also recently issued reports on LYV. Citizens Jmp initiated coverage on Live Nation Entertainment in a research report on Monday, March 30th. They set a “market outperform” rating and a $190.00 price objective for the company. Morgan Stanley reaffirmed an “overweight” rating and set a $185.00 price target on shares of Live Nation Entertainment in a research note on Friday, February 20th. Wolfe Research lifted their price target on Live Nation Entertainment from $205.00 to $206.00 and gave the company an “outperform” rating in a report on Monday, April 13th. Susquehanna increased their price objective on Live Nation Entertainment from $180.00 to $181.00 in a report on Wednesday. Finally, TD Cowen reaffirmed a “buy” rating on shares of Live Nation Entertainment in a research report on Monday, February 23rd. Twenty analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.75.
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Live Nation Entertainment Stock Performance
Live Nation Entertainment (NYSE:LYV – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported ($1.85) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($1.50). Live Nation Entertainment had a return on equity of 45.92% and a net margin of 0.15%.The company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.57 billion. During the same quarter in the previous year, the company earned ($0.32) EPS. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. Research analysts anticipate that Live Nation Entertainment will post 0.38 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Live Nation Entertainment news, EVP Michael Rowles sold 63,776 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $164.24, for a total transaction of $10,474,570.24. Following the completion of the transaction, the executive vice president owned 204,716 shares of the company’s stock, valued at $33,622,555.84. The trade was a 23.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John Hopmans sold 93,078 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $166.07, for a total value of $15,457,463.46. Following the completion of the sale, the executive vice president directly owned 188,751 shares in the company, valued at approximately $31,345,878.57. This represents a 33.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 157,798 shares of company stock valued at $26,088,615 in the last quarter. Insiders own 2.89% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Axxcess Wealth Management LLC boosted its position in shares of Live Nation Entertainment by 4.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 1,602 shares of the company’s stock valued at $228,000 after acquiring an additional 75 shares during the period. Vident Advisory LLC increased its position in Live Nation Entertainment by 2.1% during the second quarter. Vident Advisory LLC now owns 3,622 shares of the company’s stock worth $548,000 after acquiring an additional 75 shares during the period. Prairie Wealth Advisors Inc. raised its stake in Live Nation Entertainment by 5.0% during the 3rd quarter. Prairie Wealth Advisors Inc. now owns 1,665 shares of the company’s stock valued at $272,000 after purchasing an additional 80 shares during the last quarter. Sumitomo Life Insurance Co. boosted its holdings in Live Nation Entertainment by 1.2% in the 4th quarter. Sumitomo Life Insurance Co. now owns 6,821 shares of the company’s stock valued at $972,000 after purchasing an additional 82 shares during the period. Finally, Ameriflex Group Inc. grew its position in Live Nation Entertainment by 102.4% in the 3rd quarter. Ameriflex Group Inc. now owns 166 shares of the company’s stock worth $27,000 after purchasing an additional 84 shares during the last quarter. 74.52% of the stock is currently owned by institutional investors and hedge funds.
More Live Nation Entertainment News
Here are the key news stories impacting Live Nation Entertainment this week:
- Positive Sentiment: Deutsche Bank raised its price target on Live Nation to $185 and reiterated a buy rating, suggesting meaningful upside from current levels. Deutsche Bank adjusts Live Nation Entertainment PT to 185 from 180; maintains buy rating
- Positive Sentiment: Rothschild & Co Redburn also nudged its price target higher to $195, reinforcing a favorable long-term view on Live Nation. Rothschild & Co Redburn adjusts Live Nation Entertainment price target to 195 from 193
- Positive Sentiment: JPMorgan issued a positive forecast for the stock, adding to the overall bullish analyst tone around LYV. JPMorgan Chase & Co. Issues Positive Forecast for Live Nation Entertainment (NYSE:LYV) Stock Price
- Neutral Sentiment: Live Nation’s Q1 beat and large legal accrual are prompting investors to reassess valuation, which could keep sentiment mixed until more clarity emerges. A Look At Live Nation (LYV) Valuation After Q1 2026 Beat And Large Legal Accrual
- Neutral Sentiment: Analysts remain divided on Live Nation’s outlook, reflecting a split view on the stock’s near-term potential. Analysts’ Opinions Are Mixed on These Communication Services Stocks: Match Group and Live Nation Entertainment
- Negative Sentiment: Two executive vice presidents sold large blocks of stock this week, which can weigh on investor confidence even if the sales were preplanned or routine. SEC Form 4 for Michael Rowles SEC Form 4 for John Hopmans
Live Nation Entertainment Company Profile
Live Nation Entertainment is a global live entertainment company that promotes, operates and sells tickets for live events. The company’s core activities include concert promotion and production, venue operations and management, ticketing services through its Ticketmaster platform, artist management and development, and sponsorship and advertising services tied to live events. These integrated businesses are designed to connect artists, fans and commercial partners across the live event ecosystem.
The company in its current form was created following the 2010 merger of Live Nation and Ticketmaster, combining a promoter and venue operator with one of the industry’s largest ticketing platforms.
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