
Live Nation (LYV) Stock Forecast & Price Target
Live Nation (LYV) Analyst Ratings
Bulls say
Live Nation Entertainment, the world's largest live entertainment company, reported a 4% increase in fan count to 39.1 million, driven by an impressive 18% growth in international markets, which now account for 80% of new ticket signings. The firm experienced a 4% rise in the number of fee tickets sold, totaling 92.3 million, complemented by a 9% increase in the average fee per ticket, contributing significantly to its top-line growth. Looking ahead, the company anticipates a fan count of 65 million at operated venues in 2025, backed by a robust commitment of 75% for anticipated sponsorships and a positive outlook driven by high consumer demand for tickets and an expanding roster of touring artists.
Bears say
The average revenue per fan for Live Nation Entertainment decreased by 10%, indicating a concerning trend in consumer spending. In the fourth quarter of 2023, concert revenues and segment AOI losses significantly exceeded expectations, reporting a revenue loss of $4.577 billion and an AOI loss of $213 million, raising concerns about the company's profitability amid fluctuating market conditions. Furthermore, the company faces potential risks from a deteriorating consumer environment, geopolitical uncertainties, and ongoing threats from COVID variants, which could adversely impact demand for live events and ticket sales in the future.
This aggregate rating is based on analysts' research of Live Nation and is not a guaranteed prediction by Public.com or investment advice.
Live Nation (LYV) Analyst Forecast & Price Prediction
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