Professional
Added to YB: 2025-02-14
Pitch date: 2025-02-04
LYV [bullish]
Live Nation Entertainment, Inc.
-3.43%
current return
Author Info
No bio for this author
Company Info
Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments.
Market Cap
$30.7B
Pitch Price
$148.23
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.18
P/E
96.10
EV/Sales
1.42
Sector
Entertainment
Category
special_situation
Third Point New Position: Live Nation Entertainment, Inc.
LYV: Global concert leader w/ 8% industry CAGR since 2000. Double-digit earnings growth expected from demand, pricing power, venue investments. $2B 5yr plan for 20%+ IRR venue expansion. DoJ antitrust lawsuit concerns, but strong defense arguments. Attractive entry post-dislocation, underappreciated growth potential.
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