Live Nation's “flywheel” business model fueled its rise to become the most powerful company in live music, but that strategy could become a vulnerability.
Live Nation (LYV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Live Nation said it is constantly working to stop bots from sweeping up tickets but even still, the company said "more efforts are needed to curb runaway resale."
The 'Fast Money' traders talk Live Nation shares tumbling after hours.
CNBC's Megan Casella with breaking news from the White House lawn.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
LYV is well-positioned for growth in 2025 with high ticket volume and expansion of new venues, which investors can see as a compelling entry point in the year.
I maintain a hold rating on Live Nation Entertainment stock due to its expensive valuation, despite strong growth drivers like venue expansion, ticketing monetization, and sponsorship growth. 4Q24 results showed revenue declined 2.7% y/y, but adj operating income grew ~35% y/y. LYV's aggressive venue expansion and international growth are crucial for predictable, high-margin revenue streams, enhancing its competitive position and growth runway.
Trading in shares of Live Nation Entertainment, Inc. LYV is quiet Wednesday. This follows yesterday's sell-off of 6.5%.
Live Nation President and CFO Joe Berchtold discusses the entertainer's drawing power on 'The Claman Countdown.'
LYV's fourth-quarter 2024 results reflect robust live events demand globally, resulting in increased ticket sales.
Although the revenue and EPS for Live Nation (LYV) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.