Zacks Research Has Pessimistic Outlook of LYV Q2 Earnings

Live Nation Entertainment, Inc. (NYSE:LYVFree Report) – Investment analysts at Zacks Research decreased their Q2 2026 earnings per share estimates for shares of Live Nation Entertainment in a research note issued to investors on Tuesday, November 25th. Zacks Research analyst Team now expects that the company will earn $0.89 per share for the quarter, down from their prior estimate of $0.97. The consensus estimate for Live Nation Entertainment’s current full-year earnings is $2.38 per share.

Live Nation Entertainment (NYSE:LYVGet Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.81). Live Nation Entertainment had a return on equity of 105.85% and a net margin of 3.88%.The firm had revenue of $8.50 billion for the quarter, compared to the consensus estimate of $8.87 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The company’s revenue was up 11.1% on a year-over-year basis.

A number of other research analysts have also issued reports on the stock. Moffett Nathanson started coverage on shares of Live Nation Entertainment in a report on Monday, August 18th. They issued a “buy” rating and a $195.00 price objective for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Live Nation Entertainment in a research note on Monday. Rothschild & Co Redburn downgraded shares of Live Nation Entertainment from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $144.00 to $170.00 in a research report on Tuesday, September 16th. The Goldman Sachs Group lifted their target price on shares of Live Nation Entertainment from $168.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Finally, Citigroup lowered their price objective on Live Nation Entertainment from $195.00 to $181.00 and set a “buy” rating for the company in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Live Nation Entertainment presently has a consensus rating of “Moderate Buy” and an average target price of $173.50.

Check Out Our Latest Report on LYV

Live Nation Entertainment Stock Performance

Shares of LYV stock opened at $131.35 on Thursday. The firm has a market capitalization of $30.83 billion, a price-to-earnings ratio of 56.86, a PEG ratio of 12.85 and a beta of 1.37. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 5.38. The business’s 50-day moving average price is $149.20 and its 200-day moving average price is $151.13. Live Nation Entertainment has a 12 month low of $112.88 and a 12 month high of $175.25.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Clearstead Trust LLC increased its holdings in shares of Live Nation Entertainment by 469.0% during the second quarter. Clearstead Trust LLC now owns 165 shares of the company’s stock valued at $25,000 after acquiring an additional 136 shares in the last quarter. Ameriflex Group Inc. raised its holdings in shares of 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 acquiring an additional 84 shares during the last quarter. Atwood & Palmer Inc. bought a new position in Live Nation Entertainment in the 3rd quarter valued at about $33,000. Heartwood Wealth Advisors LLC bought a new stake in Live Nation Entertainment during the 3rd quarter worth approximately $34,000. Finally, Measured Risk Portfolios Inc. bought a new position in shares of Live Nation Entertainment in the third quarter valued at approximately $37,000. Institutional investors own 74.52% of the company’s stock.

Live Nation Entertainment Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Live Nation Entertainment (NYSE:LYV)

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