Live Nation Entertainment (DE:3LN)
NYSE:3LN
3LN Stock Chart & Stats
€133.40
€1.90(1.49%)
At close: 4:00 PM EST
€133.40
€1.90(1.49%)
Day’s Range― - ―
52-Week Range€109.60 - €148.45
Previous CloseN/A
Volume10.00
Average Volume (3M)4.00
Market Cap
€32.80B
Enterprise Value€40.70B
Total Cash (Recent Filing)€9.08B
Total Debt (Recent Filing)€10.58B
Price to Earnings (P/E)451.8
Beta0.25
Next Earnings
Aug 04, 2026EPS Estimate
0.59Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.75
Shares Outstanding232,712,800
10 Day Avg. Volume3
30 Day Avg. Volume4
Financial Highlights & Ratios
PEG Ratio-0.61
Price to Book (P/B)121.91
Price to Sales (P/S)1.31
P/FCF Ratio99.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€165.15Price Target Upside23.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)-0.15
Revenue Forecast (FY)€24.06B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationImproved operating cash flow (~$2.4B TTM) and a rebound in free cash flow (~$1.23B) provide durable internal funding for touring cycles, working capital and reinvestment. Consistent cash generation increases resilience to revenue seasonality and supports growth investments or debt service over the medium term.
Scale And Ticketing Platform StrengthDouble-digit ticket volume growth and active product investments (including AI and face-value exchange tools) strengthen Ticketmaster's network effects and client stickiness. A robust platform drives recurring fee-bearing volume, enhances artist/venue relationships, and supports sustainable ticketing revenue over multiple touring cycles.
Venue Financing Enables ExpansionUsing asset-backed, non‑recourse venue financing lets the company fund venue growth without directly adding corporate recourse debt, supporting capex-heavy expansion while isolating downside. This structure can accelerate venue rollouts and premium monetization without proportionally weakening the parent company’s liquidity.
Bears Say
High Leverage And Weak EquityElevated debt (~$10.6B) and intermittently negative equity materially increase financial risk. High leverage amplifies sensitivity to interest costs and demand shocks, constrains strategic flexibility, and raises refinancing and covenant risk, making multi‑year capital allocation and downturn resilience dependent on steady cash generation.
Regulatory And Legal UncertaintyUnresolved DOJ and state cases create persistent legal expense runoff and the risk of remedies that could limit ticketing practices. Structural regulatory outcomes could alter secondary market economics, fee structures or contractual terms with venues and artists, imposing lasting constraints on Ticketmaster revenue models.
Heavy Capex Dampens Near-term Cash ConversionSustained ~ $1B capex to fund venue additions and upgrades materially depresses near-term free cash flow and raises reliance on external financing. If returns on new venues or premium initiatives lag, the company faces a multi‑year drag on cash conversion and greater pressure on liquidity and leverage metrics.
Live Nation Entertainment News
3LN FAQ
What was Live Nation Entertainment’s price range in the past 12 months?
Live Nation Entertainment lowest stock price was €109.60 and its highest was €148.45 in the past 12 months.
What is Live Nation Entertainment’s market cap?
Live Nation Entertainment’s market cap is €32.80B.
When is Live Nation Entertainment’s upcoming earnings report date?
Live Nation Entertainment’s upcoming earnings report date is Aug 04, 2026 which is in 55 days.
How were Live Nation Entertainment’s earnings last quarter?
Live Nation Entertainment released its earnings results on May 05, 2026. The company reported -€1.603 earnings per share for the quarter, missing the consensus estimate of -€0.304 by -€1.299.
Is Live Nation Entertainment overvalued?
According to Wall Street analysts Live Nation Entertainment’s price is currently Undervalued.
Does Live Nation Entertainment pay dividends?
Live Nation Entertainment does not currently pay dividends.
What is Live Nation Entertainment’s EPS estimate?
Live Nation Entertainment’s EPS estimate is 0.59.
How many shares outstanding does Live Nation Entertainment have?
Live Nation Entertainment has 232,712,800 shares outstanding.
What happened to Live Nation Entertainment’s price movement after its last earnings report?
Live Nation Entertainment reported an EPS of -€1.603 in its last earnings report, missing expectations of -€0.304. Following the earnings report the stock price went up 0.558%.
Which hedge fund is a major shareholder of Live Nation Entertainment?
Currently, no hedge funds are holding shares in DE:3LN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Live Nation Entertainment Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
€165.15 (23.80% Upside)
€165.15 (23.80% Upside)
Blogger Sentiment
Bearish
DE:3LN Sentiment 70%
Sector Average 63%
Sector Average 63%
Insider Transactions
Sold Shares
Worth €22.6M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.65%
12-Months-Change
Fundamentals
Return on Equity
33.04%
Trailing 12-Months
Asset Growth
19.43%
Trailing 12-Months
Company Description
Live Nation Entertainment
Live Nation Entertainment, Inc., incorporated in 2005 and formerly known as Live Nation, Inc. until its name change in January 2010, is a global leader in live entertainment, headquartered in Beverly Hills, California. The company's diverse operations are organized into three primary business segments: Concerts, Ticketing, and Sponsorship & Advertising. The Concerts segment is responsible for organizing and promoting live musical performances, utilizing its extensive portfolio of owned or managed venues, as well as various rented third-party locations. This division also oversees the management and operation of music venues, produces major music festivals, develops related content, and offers management and other support services to artists. Through its Ticketing segment, Live Nation manages a comprehensive suite of ticketing operations. This includes supplying advanced ticketing software and services to its clients and facilitating the sale of tickets for both its own events and a wide array of third-party performances and gatherings. These range from professional sports and collegiate athletics to performing arts, museums, and theaters, with tickets distributed via leading online platforms like livenation.com and ticketmaster.com, mobile applications, and various physical outlets. The segment also provides services for ticket resale. The Sponsorship & Advertising division focuses on developing and executing global, national, and local sponsorship programs and advertising campaigns. This involves selling placements for signage, promotional activities, and rich media advertisements—including those associated with live streaming and music-related content—distributed throughout its vast ecosystem of venues, events, and digital properties. Additionally, this segment specializes in crafting and producing bespoke events and programs tailored to specific brand requirements. As of December 31, 2021, Live Nation Entertainment owned, operated, or leased 165 entertainment venues across North America and an additional 94 international entertainment venues.
3LN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call emphasized broad, supply-driven global growth across stadiums, amphitheaters, and international markets, with double-digit ticket sales growth, product investments at Ticketmaster, innovative venue financing (€600M securitization), and clear premium/on-site monetization progress (>$100 per fan at Hollywood Palladium). The principal negatives are legal/regulatory uncertainty and elevated near-term legal costs, a one-time mid-single-digit ticketing headwind from secondary-market policy changes, and heavy capital spending that pressures near-term free cash flow. Management expects the headwinds and legal costs to moderate and views the venue investments as accretive longer term.View all DE:3LN earnings summaries3LN Revenue Breakdown
82.78% Concerts
12.23% Ticketing
5.27% Sponsorship & Advertising
-0.28% Eliminations and Other
3LN Stock 12 Month Forecast
Average Price Target
€165.15
▲(23.80% Upside)
Technical Analysis
Options Prices
Currently, No data available
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