On March 30, 2026, Citizens began coverage of Live Nation Entertainment (NYSE: LYV) with a “Market Outperform” rating. The average one-year price target is set at $185.38 per share, suggesting a 27.23% upside from the latest closing price of $145.71.
Live Nation’s projected annual revenue is expected to decrease by 21.09% to $19.89 billion, while the projected non-GAAP EPS is $3.63. Institutional ownership saw a decrease of 46.08% in the last quarter, with total shares owned dropping by 13.74% to 191.65 million shares.
The current put/call ratio stands at 1.21, reflecting a bearish outlook. Major shareholders include Principal Financial Group with 10.73 million shares (4.62% ownership) and Canada Pension Plan Investment Board with 9.43 million shares (4.06% ownership), both of whom decreased their portfolio allocations in the last quarter.
