Roth Capital's Q2 Earnings Forecast for Live Nation Entertainment

On December 12th, Roth Capital released its earnings estimates for Live Nation Entertainment, Inc. (NYSE:LYV). Analyst E. Handler predicts that the company will achieve earnings of $1.49 per share in the second quarter of 2025. This estimate stands in contrast to the current consensus projection for the entire year, which is at $1.04 per share. Furthermore, Roth Capital forecasts anticipated earnings for Q3 2025 to be $1.93 per share.

The latest earnings results for Live Nation were reported on November 11th, where the company posted earnings of $1.66 per share, surpassing the consensus estimate of $1.58 by $0.08. The revenue for the quarter was reported at $7.65 billion, which was slightly below the analysts' expectations of $7.75 billion. Live Nation's return on equity stood at 77.62%, with a net margin of 2.11%, although the revenue reflected a decline of 6.2% compared to the same quarter the previous year, where earnings were at $1.78 per share.

In conjunction with Roth Capital's analysis, several other financial institutions have weighed in on Live Nation's performance. StockNews.com upgraded the company from a “sell” to a “hold” rating on November 20th, while Bank of America adjusted its price target for Live Nation from $125.00 to $149.00 and maintained a “buy” rating. Evercore ISI also raised their target price from $110.00 to $150.00, suggesting an “outperform” stance, while Goldman Sachs increased their target from $132.00 to $148.00, also maintaining a “buy” rating. Rosenblatt Securities reaffirmed a “buy” rating with a target price of $123.00.

Currently, there are two equities research analysts rating Live Nation with a hold and sixteen with a buy, leading to an overall rating of "Moderate Buy". According to MarketBeat data, Live Nation's average price target stands at $144.33.

Current Stock Performance

The stock of Live Nation had a modest increase of 0.9%, opening at $135.84. The company's 50-day moving average is $125.29, while the 200-day moving average is at $106.07. Financially, the company shows a debt-to-equity ratio of 6.10, with both quick and current ratios at 1.01. The stock's twelve-month range fluctuates between a low of $86.67 and a high of $141.18, contributing to its market cap of $31.56 billion, a PE ratio of 144.51, and a P/E/G ratio of 3.65.

Investor Interest

Interest from large investors remains significant, with several hedge funds recently adjusting their stakes in Live Nation. Brooklyn Investment Group initiated a new stake valued at about $31,000 during the third quarter. Migdal Insurance & Financial Holdings raised its stake by 119.5% during Q2, now owning 371 shares worth approximately $34,000 after acquiring 202 additional shares. Furthermore, World Investment Advisors and UMB Bank n.a. also acquired new stakes in the company, demonstrating growing investor confidence.

Company Overview

Live Nation Entertainment operates globally in the live entertainment sector, functioning through several segments including Concerts, Ticketing, and Sponsorship & Advertising. The Concerts segment is dedicated to promoting live events in both owned and third-party venues and also manages music festivals, supports artists, and produces related content.

Earnings, Forecast, Stocks