Live Nation Entertainment, IncNYSE: LYV
Communication Services · Movies & Entertainment
$174.29
-0.89%
Vol: 251K
Research Digest
Tuesday, June 16, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Live Nation insiders cash out ~$26M; Guggenheim raises target to $197Positive▶
EVP/General Counsel Michael Rowles sold 63,776 shares ($10.47M) and EVP M&A John Hopmans sold 93,078 shares ($15.46M). Stock trades around $164.44 (May 21). Guggenheim raised price target to $197. Management presented at MoffettNathanson (May 14) and J.P. Morgan TMT (May 20) conferences highlighting 85%+ of 2026 large-venue shows booked through April with high-single-digit growth.
May 20No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours. Recent context: Live Nation reported Q1 revenue of $3.8B (+12% YoY) on May 5 with a $450M legal accrual, and Guggenheim lifted its price target to $197 from $192 on May 6. Management presents at J.P. Morgan's TMT conference on May 20.
May 15Live Nation trades near $169.50 with Strong Buy consensus PT $183 after Q1 2026 revenue grew 12.1% to $3.79B despite $450M legal accrual and antitrust verdict.Mixed▶
Live Nation Entertainment reported Q1 2026 revenue of $3.79B (+12.1% YoY), beating expectations, but a non-recurring $450M legal accrual tied to antitrust investigations and litigation drove a GAAP loss of $1.85/share and a net loss of $389.1M. Event-related deferred revenue hit a record $6.6B (+22%) and ticketing deferred revenue rose 29% to $368M, suggesting robust forward demand. A federal jury also found Live Nation liable for illegally monopolizing the US concert ticketing market. Stock is at ~$169.50 with consensus Strong Buy and PT $183.05 (~9% upside); Guggenheim raised PT to $197 from $192. Risk: remedies in the DOJ antitrust case (including possible Ticketmaster divestiture) remain the key overhang despite strong underlying live-events fundamentals.
May 14Live Nation insiders cash out $25.9M in stock on May 8 as company presents at MoffettNathanson conference May 14 amid $450M legal accrual overhangMixed▶
Two Live Nation executives sold a combined $25.9 million in stock on May 8, 2026: EVP and General Counsel Michael Rowles sold 63,776 shares for $10.47 million, while EVP John Hopmans offloaded 93,078 shares for $15.46 million. The sales come after Q1 2026 revenue grew 12% to $3.79 billion (beating expectations) but a $450 million legal accrual related to the Ticketmaster monopoly verdict drove a $389.1 million net loss. AOI rose 9% to $371 million and deferred revenue hit record levels. Management is presenting at MoffettNathanson's Media Conference on May 14 and JPMorgan TMC Conference on May 20. Morgan Stanley reiterated Overweight with a $185 PT; consensus PT is $189.67 with 88.6% buy ratings.
May 13Live Nation set to present at MoffettNathanson and JPMorgan conferences as Q1 deferred revenue hits record $6.6 billion.Positive▶
Live Nation announced that management will present at MoffettNathanson's Media, Internet & Communications Conference on May 14, 2026 and J.P. Morgan's Global TMT Conference on May 20. The pending appearances follow Q1 2026 results that beat revenue estimates with $3.79 billion (up 12% YoY) and a record event-related deferred revenue balance of $6.6 billion (up 22%). The headline GAAP loss of $1.85 per share stemmed from a $450 million legal accrual tied to a 2024 DOJ lawsuit, which the company is appealing; ex-charge, the business posted positive $0.08 EPS. Multiple analysts raised price targets after earnings: Guggenheim to $197 and JPMorgan to $180. Shares had jumped 7% on the Q1 print.
May 12Live Nation stock jumps 7% after Q1 revenue beats at $3.8B despite $450M DOJ legal accrual; record $6.6B deferred revenueMixed▶
Live Nation Entertainment reported Q1 2026 revenue of $3.79B, up 12% YoY and beating consensus of ~$3.6B, but recorded a $450M legal accrual tied to the DOJ antitrust case launched in May 2024, resulting in a GAAP loss of $1.85/share and adjusted loss of $0.32. The stock jumped 7.5% on May 6 as investors looked past the one-time charge to the underlying business: event-related deferred revenue hit a record $6.6B (up 22%), the largest in company history, and 85%+ of 2026 large-venue shows were already booked through April. Management guided to stronger Q3/Q4 as stadium and amphitheater shows ramp. EVPs Michael Rowles and John Hopmans sold a combined ~$26M of stock May 8. Conference appearances scheduled at MoffettNathanson (May 14) and JP Morgan TMT (May 20).
May 11Live Nation Q1 2026 revenue rose 12% to $3.8B but a $450M legal charge from antitrust verdict drove a wider-than-expected adjusted loss.Mixed▶
Live Nation reported Q1 2026 revenue of $3.79B (+12% YoY) and event-related deferred revenue of $6.6B (+22%), the largest in company history. A $450M legal accrual tied to the April antitrust monopoly verdict drove an adjusted loss of $0.32/share, though excluding the charge the company would have earned ~$0.08/share, beating estimates. The stock jumped ~7% as investors viewed the legal charge as one-off. EVP John Hopmans sold 93,078 shares at $166.07 on May 7 for ~$15.5M. CEO Michael Rapino is negotiating with DOJ to avoid a forced breakup. Risk: regulatory overhang and potential structural remedies.
May 8Live Nation Q1 revenue beats despite $450M legal accrual; stock jumps 7.5% as market focuses on strong touring momentumPositive▶
Live Nation reported Q1 2026 revenue of $3.8 billion, up 12%, beating estimates despite a $450 million legal accrual that drove a $371 million operating loss. Deferred revenue hit a record $6.6 billion, up 22%, reflecting strong concert booking demand with over 85% of 2026 large venue shows booked. Analysts highlighted the underlying strength: Guggenheim raised price target to $197 and JPMorgan to $180, viewing the legal accrual as a one-off issue. The propco/opco financial model transition and robust touring momentum position the company for continued growth.
May 7Live Nation Q1 revenue beats 12% YoY to $3.79B but $450M legal charge drives net loss; adjusted income surpasses expectationsPositive▶
Live Nation reported Q1 2026 revenue of $3.79B, up 12% YoY, beating estimates despite a GAAP loss of $1.85 per share due to a one-time $450M legal accrual. Event deferred revenue reached record $6.6B, up 22%, signaling strong demand for touring. Stock jumped 7% as investors focused on underlying business strength and viewed the legal charge as non-recurring. Wells Fargo cut PT to $199 from $203 with Overweight rating. Management expects stronger Q3-Q4 as stadium and amphitheater shows ramp.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| NFLXNETFLIX | $78.98 | -3.29% | -8.9% | 21.3x | 1.49 | $343.9B |
| DISWALT | $100.61 | -1.06% | -2.1% | 13.6x | 1.39 | $176.6B |
| LYVLIVE | $174.29 | -0.89% | +5.0% | 79.6x | 1.12 | $40.9B |
| TKOTKO | $195.43 | -2.87% | +3.7% | 43.2x | 0.62 | $38.5B |
| PSKYPARAMOUNT | $10.30 | -1.81% | +6.8% | 12.1x | 1.44 | $11.7B |
| GOOGLALPHABET | $374.61 | +1.42% | -7.0% | 25.5x | 1.24 | $4.50T |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.