Live Nation Entertainment, Inc. (LYV)
Communication Services · Entertainment · Data as of 2026-09-01
Bottom line
LYV is trading near its usual valuation, near its historical resistance zone, and recent volume suggests money flowing out. Historically, this combination has called for extra caution. Past patterns are not a guarantee of future results.
Valuation — Judged on its balance sheet (Yellow)
LYV is losing money, so we lean on its balance sheet (513.7× book value). Day-to-day operations still generate cash (EV/EBITDA 25.9×), so the losses come from costs like interest and depreciation rather than the core business. Despite the accounting losses, it already generates positive free cash flow. Analysts currently expect it to turn profitable around 2027. About 44% of its reported earnings arrived as free cash over the last year.
Price zones — Near its historical resistance zone (Red)
At $177.20, the stock is close to the upper end of its recent range. Over the past year LYV has traded between $125.34 and $189.25; its historical support zone sits near $159.81 and resistance near $181.26. It is above one of its moving averages and below the other — a mixed trend picture.
52-week range $125.34–$189.25 · 50-day average $181.26 · 200-day average $159.81
Money flow — Money is flowing out (Red)
Recent trading in LYV shows more volume on falling days than rising days, a pattern often described as distribution. Volume on up days has been about 0.9× volume on down days over the last 30 sessions.
About the company
Live Nation Entertainment, Inc., incorporated in 2005 and formerly known as Live Nation, Inc. until its name change in January 2010, is a global leader in live entertainment, headquartered in Beverly Hills, California. The company's diverse operations are organized into three primary business segments: Concerts, Ticketing, and Sponsorship & Advertising.
一句话结论
LYV 估值接近其惯常水平，接近其历史阻力区，近期成交量显示资金正在流出。从历史来看，这样的组合需要格外谨慎。过去的形态并不能保证未来的结果。
估值 — 以资产负债表衡量
LYV 目前处于亏损，因此我们更多地看资产负债表（市净率 513.7×）。日常经营仍在产生现金（EV/EBITDA 为 25.9×），因此亏损来自利息、折旧这类成本，而非核心业务本身。尽管账面上是亏损，它已经能产生正的自由现金流。分析师目前预计它将在 2027 年前后转为盈利。过去一年，其报告利润中约有 44% 转化为自由现金。
价格区间 — 接近其历史阻力区
目前价格为 $177.20，接近其近期区间的上沿。过去一年 LYV 的价格在 $125.34 到 $189.25 之间波动；其历史支撑区在 $159.81 附近，阻力区在 $181.26 附近。它位于其中一条均线上方、另一条下方——趋势信号并不一致。
资金流向 — 资金正在流出
LYV 近期下跌日的成交量高于上涨日，这种形态常被称为派发。过去 30 个交易日，上涨日的成交量约为下跌日的 0.9×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.