Live Nation Entertainment, Inc. (LYV)

FairStock Score: 39/100 — MIXED

Key Financials

AI Analysis

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

As a Graham-and-Buffett-style investor, I start with what I can verify. Live Nation is a scaled live-entertainment business: concerts, ticketing and sponsorship. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $7.7B and net income $294.4M, a 3.84% margin; fiscal Q1 2026 had a $389.1M loss and diluted EPS of -$1.85, while fiscal Q3 2025 earned $431.5M and $0.73 per diluted share. Fiscal 2025 revenue was $25.2B and net income $496.0M, with diluted EPS of -$0.24, versus fiscal 2024 revenue of $23.2B, net income of $896.3M and EPS of $2.74. That tells me the business has scale, but earnings are thin, seasonal and uneven. At the $172.58 close on 2026-10-26, FairStock calculates a negative P/E of -156.89, P/B of 479.39, EV/EBITDA of 25.49 and FCF yield of 3.4%; its FairStock score is 39/100. ROE of 17.68% looks acceptable, but ROCE of 2.10%, D/E of 6.20 and Altman Z of 1.09 suggest leverage and weak capital returns are material. The computed Lynch category is FAST GROWER, but the price already assumes a lot. I see a real franchise, not a Graham bargain; I would need a wider margin of safety or clearer durable FCF growth before treating it as a value opportunity.

In plain English: Live Nation runs concerts, ticketing and sponsorship for live entertainment around the world. It is a large but thin-margin business: fiscal 2025 revenue was $25.2B, while profit was $496.0M, and recent quarters swing with the concert season. At $172.58, the shares look expensive against reported profit and accounting value, so cash generation and debt are the key things to watch.

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

Data as of 2026-10-26 close · note generated 2026-10-28 · 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) · FY2023 10-K (period ended 2023-12-31)

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