Live Nation Entertainment, Inc. (LYV)

Live Nation Entertainment's stock has increased by 66.56% between June 24, 2024, and June 20, 2025. The company reported Q1 2025 earnings of -$0.32 per share, beating estimates, though revenue missed estimates. Analysts anticipate growth in the second and third quarters due to stadium concerts. Live Nation will invest $1 billion to build 18 new live music venues. Bernstein initiated coverage with an "Outperform" rating and a price objective of $185. Insider trading activity has shown six sales and no purchases.

Demand for Live Nation Entertainment's products and services is seasonal, with a slower start to the year and substantial growth in the second and third quarters due to stadium concerts. This seasonality affects cash balances, accounts receivable, prepaid expenses, accrued expenses, and deferred revenue. The summer concert season is a key period for Ticketmaster's gross transaction value, and overall demand for live events has been robust.

Live Nation Entertainment, Inc. is a global leader in live entertainment, operating in the Consumer Services sector. The company operates through three segments: Concerts, Ticketing, and Sponsorship & Advertising. The Concerts segment focuses on promoting live music events, managing venues, producing festivals, and offering artist management. The Ticketing segment, powered by Ticketmaster, manages global ticketing operations. The Sponsorship & Advertising segment develops strategic sponsorship programs and sells advertising across its network.

Live Nation Entertainment has a significant global presence, with offices in 45 to 49 countries. It owns, operates, or has exclusive booking rights to nearly 400 venues worldwide. Its net sales are distributed geographically, with 62.6% in the United States, 19.5% in Europe, and 17.9% in other regions. Live Nation connected over 765 million fans across its concert and ticketing platforms in 49 countries during 2023.

Live Nation Entertainment has faced scrutiny regarding its dominant position and allegations of anti-competitive practices. The company has been criticized for poor handling of ticket sales and incidents at its events. Despite these challenges, Live Nation remains the world's largest live entertainment company.

Live Nation Entertainment's stock ownership includes institutional, retail, and individual investors. Institutional investors hold a significant portion, approximately 65.18% to nearly 76%. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., State Street Corp, Canada Pension Plan Investment Board, Principal Financial Group Inc, and Select Equity Group, L.P.. Liberty Media Corp. is also a significant shareholder, holding 30.13%. Individual investors hold approximately 2.61% of the shares.