Bernstein Begins Coverage of Live Nation Entertainment (LYV) Stock with Outperform Rating

On June 4, Bernstein began coverage on Live Nation Entertainment, Inc. (NYSE:LYV)’s stock with an “Outperform” rating and a price objective of $185. The firm cited improvements in profitability and its strong business model as critical factors.

Bernstein Begins Coverage on Live Nation Entertainment (LYV) Stock with Outperform

A group of people in a large music venue, enjoying a vibrant concert.

The analysts remain optimistic about Live Nation Entertainment, Inc. (NYSE:LYV)’s ability to outperform throughout its segments. They highlighted the role of technological advancements and evolving artist and consumer behaviors, mainly in the younger generations, in improving the value of live experiences. This can fuel Ticketmaster’s gross transaction value, mainly during the summer concert season.

Live Nation Entertainment, Inc. (NYSE:LYV) delivered strong Q1 2025 results, thanks to growing artist supply and fan demand. Its operating income came in at $115 million, while the deferred revenue reached record levels for both Concerts and Ticketmaster. Ticketmaster’s deferred revenue amounted to $270 million, implying 13% growth as compared to last year.

The expansion of Live Nation Entertainment, Inc. (NYSE:LYV)’s Venue Nation and its VIP upgrade strategy can help complement the growth of the primary ticketing business. The company continues to expand its global venue network, adding 20 major venues through 2026.

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