Live Nation Entertainment Inc (LYV) fair value: what the stock is really worth
As of Oct 14, 2026: fair value of Live Nation Entertainment Inc $48.93, price $169, upside -71.0%, quality 41 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 12, 2026.
How to read this chart
60‑month range $65.34 – $188.46 · fair‑value band $35.13 – $70.92 · the $168.84 price screens above the $48.93 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 12, 2026.
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Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. The company operates through Concerts, Ticketing, and Sponsorship & Advertising segments. Its Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues.
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This segment operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists.
The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to consumers with marketplace for tickets and event information through mobile apps, other websites, and retail outlets, as well as its websites, such as livenation.com and ticketmaster.com; and provides ticket resale services.
This segment offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters.
Its Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online advertising, and promotional programs; rich media offering, including advertising related with live streaming and music-related content; and ads through distribution network of venues, events, and websites.
This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues.
The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.
Stock analysis
Live Nation Entertainment Inc (LYV) currently trades at $168.84, while our model-based Fair Value estimate is $48.93, 71.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $62.61 per share, and 0 of the 24 models we run sit above the $168.84 price.
Bear case: the Asset-Based group reads lowest at $5.23, and 24 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $35.13 (bear) to $70.92 (bull), the price of $168.84 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 41/100 (below-average quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Live Nation Entertainment Inc reported revenue of $25.2B in FY2025 versus $6.3B in FY2021, a compound +41.6%/yr. Reported net income was $496M in FY2025.
Key figures
Market cap $41.2B · P/S ratio 1.52 · EPS (TTM) $−1.13 · Net margin 2.0% · Return on equity 17.7% · Return on assets (EBIT) 3.6% · Operating margin 6.7% · Revenue (TTM) $26.3B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 34% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −7% fair-value upside, at −71%, LYV screens richer than that median.
Fair Value models
Bear$35.13Fair Value $48.93Bull$70.92
Price $168.84 · Upside -71.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+8.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.7%
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+45.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+45.1%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.45.1% vs 64.7%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−89% → 6%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+45.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+8.6%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +41.9% a year for the price and +6.1% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (93 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Scale in events supports some organizational capital yet low margins and high debt relative to equity constrain durable advantage.
Main risk: Any shortfall in live-event volume would impair coverage of high fixed expenses amid high total debt relative to equity.
Live Nation is using a mix of dollar and euro notes plus cross-currency swaps to push pandemic-era debt maturities out to 2032 while lowering its blended interest cost. The move extends the runway for a business that relies on steady live-event volume to cover high fixed expenses. Will the reduced financing burden free up more capital for expansion than it increases long-term obligations?
Compare Live Nation Entertainment Inc with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Entertainment · 232 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Below median
Fair Value upside−71.0% · Bottom 25%
Profitability
Return on equity (12 months)17.7% · Top 25%
Return on assets3.0% · Above median
Net margin (12 months)0.7% · Below median
Operating margin (12 months)6.7% · Above median
Growth and dividend
Revenue growth9.4% · Above median
Balance sheet
Debt / equity4.19× · Highest 25%
Valuation Multiplesvs Entertainment median · lower = cheaper
P/B22.65× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)2.18× · Pricier than median
Price / free cash flow123.5× · Priciest 25%
EV/EBITDA37.5× · Priciest 25%
PEG4.41× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 33
FUTURE (revenue growth)47· sector 29
PAST (return on equity)71· sector 5
HEALTH (low debt)0· sector 96
DIVIDEND (yield)0· sector 49
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Live Nation Entertainment Inc Fair Value". https://www.fairvalue-calculator.com/stock/LYV
Frequently asked questions
Is Live Nation Entertainment Inc (LYV) overvalued or undervalued?
As of Oct 12, 2026, our model estimates a fair value of $48.93 versus a price of $168.84, about −71% upside (overvalued).
What is the fair value of LYV?
Our model-based fair value for Live Nation Entertainment Inc is $48.93 (as of Oct 12, 2026), built from audited fundamentals. The current price: $168.84.
What is the quality score of LYV?
Live Nation Entertainment Inc has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Live Nation Entertainment Inc (LYV)?
Our model-based price target is the fair value of $48.93 (as of Oct 12, 2026) from 24 valuation models. Cautious scenario $35.13, optimistic scenario $70.92. It is a calculation from audited fundamentals, not an analyst target.
What is the Live Nation Entertainment Inc stock forecast for 2026?
Our models put fair value at $48.93, about −71% upside versus a price of $168.84 (overvalued). Cautious scenario $35.13, optimistic scenario $70.92. The calculation is refreshed regularly with new filings.
What is the revenue of Live Nation Entertainment Inc (LYV)?
Live Nation Entertainment Inc reported trailing-twelve-month revenue of about $26.3B (latest available figure, as of Oct 12, 2026).
What growth is priced into Live Nation Entertainment Inc (LYV)?
For today's price to be fair in a discounted-cash-flow model, Live Nation Entertainment Inc would have to grow free cash flow by +45.3 % per year for five years (discount rate 9.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +68.4 % per year. As of Oct 12, 2026.
What discount rate (WACC) does the fair value of LYV use?
Our models discount Live Nation Entertainment Inc at 9.5 %: a base by market capitalisation (large), damped by beta 1.12, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Live Nation Entertainment Inc that is +45.3 % per year a year over ten years, using the same discount rate (9.5 %) and the same formula as our fair value.
How much growth has Live Nation Entertainment Inc (LYV) delivered so far?
Over the past 5 years revenue at Live Nation Entertainment Inc grew +68.4 % a year. The price currently implies +45.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Live Nation Entertainment Inc (LYV) growing?
The median revenue growth in the sector is +3.4 % a year. That is the yardstick for the growth priced into Live Nation Entertainment Inc (+45.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Live Nation Entertainment Inc (LYV)?
The free-cash-flow yield on the price is 0.81 %: that much free cash flow Live Nation Entertainment Inc produces per unit of market value. When it exceeds the discount rate of our models (9.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Live Nation Entertainment Inc (LYV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Live Nation Entertainment Inc it is $48.93 per share (as of Oct 12, 2026), against a price of $168.84. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Live Nation Entertainment Inc stock overvalued or undervalued in 2026?
As of Oct 12, 2026, LYV trades above its calculated fair value: price $168.84, fair value $48.93, a gap of about −71% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LYV?
No. The price is what the market pays today ($168.84); the fair value is what the company's own numbers justify ($48.93). For Live Nation Entertainment Inc the two are $119.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is Live Nation Entertainment Inc worth?
The market values Live Nation Entertainment Inc at about $41.2B (market capitalisation, as of Oct 12, 2026). Per share that is $168.84; our models calculate a fair value of $48.93 per share.
What do the bullish and bearish scenarios say about LYV?
Our models span a range for Live Nation Entertainment Inc: cautious scenario $35.13, base $48.93, optimistic $70.92 per share (as of Oct 12, 2026, price $168.84). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of LYV?
The PEG ratio of Live Nation Entertainment Inc is 4.41 (P/E divided by earnings growth, as of Oct 12, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Live Nation Entertainment Inc (LYV)?
Balance-sheet figures for Live Nation Entertainment Inc (as of Oct 12, 2026): return on equity 17.7%, debt of 4.19 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is LYV from its 52-week high?
Live Nation Entertainment Inc trades at $168.84, about 10% below its 52-week high of $188.46 and 34% above the low of $125.61 (as of Oct 14, 2026). Distance from the high says nothing about value: that is what the fair value of $48.93 is for.
Which stocks are comparable to Live Nation Entertainment Inc?
From the same area (Communication Services) we also value Netflix, Inc, The Walt Disney Company, TKO Group, Universal Music Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Live Nation Entertainment Inc stock attractive at the current price?
The data as of Oct 12, 2026: price $168.84, calculated fair value $48.93 (−71%), Quality Score 41/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of LYV calculated?
We run Live Nation Entertainment Inc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $48.93, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. Live Nation Entertainment Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Live Nation Entertainment Inc (LYV)?
The closing price on Oct 14, 2026 was $168.84. Our model-based fair value is $48.93, about −71% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Live Nation Entertainment Inc right now?
The price sits above even our optimistic bull case ($70.92). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range ($35.13 to $70.92) leaves room in how you read the outcome.
Key figures of Live Nation Entertainment Inc
How large is the market capitalisation of Live Nation Entertainment Inc (LYV)?
The market capitalisation of Live Nation Entertainment Inc is $41.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Live Nation Entertainment Inc (LYV)?
The price-to-sales ratio of Live Nation Entertainment Inc is 1.52 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Live Nation Entertainment Inc (LYV)?
Earnings per share at Live Nation Entertainment Inc are $−1.13. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Live Nation Entertainment Inc (LYV)?
The net margin of Live Nation Entertainment Inc is 2.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Live Nation Entertainment Inc (LYV)?
The return on equity (ROE) of Live Nation Entertainment Inc is 17.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Live Nation Entertainment Inc (LYV)?
On an EBIT basis the return on assets of Live Nation Entertainment Inc is 3.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Live Nation Entertainment Inc (LYV)?
The operating margin of Live Nation Entertainment Inc is 6.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Live Nation Entertainment Inc (LYV)?
Revenue at Live Nation Entertainment Inc is growing +9.4% versus a year earlier (3y avg +14.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Live Nation Entertainment Inc (LYV)?
Earnings per share at Live Nation Entertainment Inc are growing +156% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Live Nation Entertainment Inc (LYV) carry?
The net debt of Live Nation Entertainment Inc is $5.3B (fiscal year 2025, ≈ 16.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Oct 12, 2026