LYV
Live Nation Entertainment, Inc.
LYV lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover, though they disagree widely on how much.
NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
LYV Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Healthy |
LYV's revenue and balance sheet are currently healthy, but its profitability and cash flow are under pressure.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
LYV PE Valuation
LYV has no meaningful PE right now: it lost money over the past year.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
LYV Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for LYV, with profitability holding steady. However, they disagree widely on these estimates.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.
LYV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.39 | — |
| Q3 2026 | -$0.17 | -112% |
| Q2 2026 | -$1.13 | -148% |
| Q1 2026 | -$1.77 | -159% |
| Q4 2025 | -$0.24 | -109% |
| Q3 2025 | $1.43 | +46% |
| Q2 2025 | $2.36 | +115% |
| Q1 2025 | $2.98 | +173% |
| Q4 2024 | $2.77 | +102% |
LYV has swung to a loss: it lost $0.17 per share over the past year, after a profit the year before.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has the edge over LYV in the latest year-over-year earnings comparison.
LYV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $10.1B | +19% |
| Q2 2026 | $7.7B | +9.4% |
| Q1 2026 | $3.8B | +12% |
| Q4 2025 | $6.3B | +11% |
| Q3 2025 | $8.5B | +11% |
| Q2 2025 | $7B | +16% |
| Q1 2025 | $3.4B | -11% |
| Q4 2024 | $5.7B | -2.7% |
LYV has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.8% | -0.5 points |
| Q2 2026 | 6.8% | -0.1 points |
| Q1 2026 | -9.8% | -13 points |
| Q4 2025 | -2.3% | +2 points |
| Q3 2025 | 9.3% | +1 points |
| Q2 2025 | 7% | -0.8 points |
| Q1 2025 | 3.4% | +4.3 points |
| Q4 2024 | -4.2% | -2.8 points |
LYV's operating margin was 8.8% last quarter, about level with the same quarter a year ago, near the top of its range since 2019.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
LYV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$861M | -$489.7M |
| Q2 2026 | $129.7M | +$169.7M |
| Q1 2026 | $2B | +76% |
| Q4 2025 | -$405.6M | -146% |
| Q3 2025 | -$371.3M | +$507.7M |
| Q2 2025 | -$39.9M | -119% |
| Q1 2025 | $1.2B | +35% |
| Q4 2024 | $890.2M | +88% |
LYV usually generates cash, though not every quarter: the latest was −$861M, but it generated $893M over the past year.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
LYV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.1% | +12.3M shares |
| 1 year | +9.2% | +21.6M shares |
| 3 years | +5% | +12.2M shares |
| 5 years | +15% | +32.6M shares |
| Available history | +22% | +46.3M shares |
LYV has 256M diluted shares, up 9.2% from a year ago.
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over LYV on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
LYV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.9x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | 0.3x | Very low |
LYV's net debt is less than a year of its operating earnings (EBITDA).
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
LYV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.1 | Neutral |
| Stochastic | 53.0 | Neutral |
LYV's weekly RSI is 58 (neutral) and its Stochastic is 53 (neutral).
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
LYV PE vs Communication Services Sector
| Metric | LYV | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
LYV has no meaningful PE right now: it lost money over the past year.
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
LYV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $173.4 | 3.9% above |
| 20 week MA | $176.4 | 2.1% above |
| 50 week MA | $163.8 | 9.9% above |
| 100 week MA | $153.8 | 17% above |
| 200 week MA | $122.8 | 47% above |
LYV has stronger trend alignment. LYV is above 5 of 5 weekly averages versus NBIS above 1 of 4.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
NBIS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 17% above its 100-week average.
LYV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $71.7 | $71.6 | 0% |
| 2021 | $71.6 | $118.5 | +65% |
| 2022 | $118.5 | $70.7 | -40% |
| 2023 | $70.7 | $93.6 | +32% |
| 2024 | $93.6 | $131.9 | +41% |
| 2025 | $131.9 | $145.8 | +11% |
| 2026 YTD | $145.8 | $180.1 | +24% |
LYV has finished higher in four of the last six years. It's up 24% so far in 2026.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over LYV on returns for 2026, with the stronger performance.