Live Nation Entertainment Inc. (LYV) reported fourth-quarter 2025 results with total revenue up 11.1% year-over-year to $6.31 billion, beating the consensus revenue estimate of $6.17 billion by about 2.3%.
Profitability showed mixed results: gross profit improved 21.8% to $1.45 billion, but the company recorded an operating loss of $142.7 million (operating profit declined 40.4% year-over-year) and a net loss attributable to common shareholders of $202.1 million (a 200.6% widening). Diluted earnings per share came in at -1.06 versus an estimate of -0.99.
Cash flow and balance-sheet highlights point to continued investment and liquidity positioning. Operating cash flow was negative $53.7 million (down 105.1% YoY) while purchases of property, plant and equipment rose to $351.9 million (+127.2% YoY). Cash and cash equivalents increased to $7.09 billion (+16.4% YoY) and total liabilities were $21.09 billion (+19.2% YoY). Cost of sales totaled $4.86 billion (+8.3% YoY).
In summary, Live Nation (LYV) delivered a revenue beat and stronger gross margins, but the quarter was marked by operating and net losses, negative operating cash flow, and elevated capital spending; the sizable cash balance provides some cushion while liabilities remain elevated.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Live Nation Entertainment Inc. Hedge Fund Activity
We have seen 356 institutional investors add shares of Live Nation Entertainment Inc. stock to their portfolio, and 442 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 2,999,648 shares (-54.0%) from their portfolio in Q4 2025, for an estimated $427,449,840
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,002,769 shares (-74.9%) from their portfolio in Q4 2025, for an estimated $285,394,582
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 1,830,819 shares (+45724.8%) to their portfolio in Q4 2025, for an estimated $260,891,707
- CAPITAL WORLD INVESTORS added 1,774,145 shares (+34.5%) to their portfolio in Q4 2025, for an estimated $252,815,662
- STATE STREET CORP removed 1,695,927 shares (-13.2%) from their portfolio in Q4 2025, for an estimated $241,669,597
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 1,400,174 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $199,524,795
- MORGAN STANLEY removed 1,363,235 shares (-28.0%) from their portfolio in Q4 2025, for an estimated $194,260,987
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Live Nation Entertainment Inc. Congressional Stock Trading
Members of Congress have traded $LYV stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LYV stock by members of Congress over the last 6 months:
- REPRESENTATIVE APRIL MCCLAIN DELANEY purchased up to $15,000 on 12/02.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Live Nation Entertainment Inc. Analyst Ratings
Wall Street analysts have issued reports on $LYV in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- UBS issued a "Buy" rating on 11/25/2025
- Guggenheim issued a "Buy" rating on 11/18/2025
- Evercore ISI Group issued a "Outperform" rating on 11/05/2025
- Morgan Stanley issued a "Overweight" rating on 11/05/2025
- JP Morgan issued a "Overweight" rating on 11/05/2025
- Susquehanna issued a "Positive" rating on 11/03/2025
- Deutsche Bank issued a "Buy" rating on 10/23/2025
To track analyst ratings and price targets for Live Nation Entertainment Inc., check out Quiver Quantitative's $LYV forecast page.
Live Nation Entertainment Inc. Price Targets
Multiple analysts have issued price targets for $LYV recently. We have seen 13 analysts offer price targets for $LYV in the last 6 months, with a median target of $173.0.
Here are some recent targets:
- David Katz from Jefferies set a target price of $155.0 on 01/13/2026
- Ashton Welles from Evercore ISI Group set a target price of $188.0 on 12/23/2025
- Batya Levi from UBS set a target price of $164.0 on 11/25/2025
- Curry Baker from Guggenheim set a target price of $172.0 on 11/18/2025
- Cameron Mansson-Perrone from Morgan Stanley set a target price of $170.0 on 11/05/2025
- Eric Handler from Roth Capital set a target price of $176.0 on 11/05/2025
- David Karnovsky from JP Morgan set a target price of $172.0 on 11/05/2025
