Liberty Live Holdings Inc. Series A Liberty Live Group Common Stock (LLYVA)

FairStock Score: 32/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I start with the numbers, because that is where Mr. Market usually gets ahead of himself. Liberty Live runs live music, venues, ticketing and related advertising. At the close on 2026-10-13 the shares were $95.50, giving an $8.8B market value. For FY2025, the company filed revenue of $382.0M and a net loss of $87.0M. FY2024 was $340.5M of revenue and a net loss of $112.8M, so the top line is moving in the right direction but the bottom line remains underwater. The quarterly picture is far worse: in fiscal Q1 2026, the quarter ended 2026-03-31, net income was -$294.1M on $63.6M of revenue; in fiscal Q2 2026, ended 2026-06-30, revenue was $147.1M but net income was -$268.7M. That is not a margin problem; it is a capital-consuming business as currently reported. FairStock's calculations show P/E -19.94, ROCE -1.65%, TTM FCF -$7.3M, FCF yield -0.1%, Piotroski 5/9 and Altman Z 0.23. A Z-score that low suggests financial fragility. The FairStock score is 32/100, and no Lynch category can be assigned because only two years of filed results exist. Price is close to the high end of its 52-week range despite no dividend and negative earnings. As a Graham investor, I want a margin of safety from assets, earnings, or cash flow. Here the figures offer none of those yet. The business may have a brand or venue relationships, but the moat is not visible in returns on capital. At $8.8B, the market is paying for a future that the filed numbers do not yet show. I would need to see losses narrow, cash flow turn positive, and a longer record before calling this a bargain.

In plain English: Liberty Live runs live music events, venues, ticketing and advertising. The company is growing revenue, but it is losing large amounts of money and using more cash than it brings in. At $95.50 a share, the price looks expensive compared with those weak profits and cash flow.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer