LYV
Live Nation Entertainment, Inc.
LYV has lower modeled downside risk, despite its lower overall score.
RDDT
Reddit, Inc.
RDDT has the edge over LYV overall, supported by stronger fundamentals and stronger modeled upside.
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.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
LYV PE Valuation
LYV has no meaningful PE right now: it lost money over the past year.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT's PE is 20x, 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.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over LYV on the outlook, with more favorable profitability expectations.
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% |
RDDT has the stronger earnings trend. Trailing diluted EPS is down 112% for LYV versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
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's revenue has grown year over year for six quarters in a row: $10.1B last quarter, up 19% from the same quarter a year ago.
| 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.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over LYV on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over LYV on profitability, with a higher operating margin.
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.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT has the edge over LYV on cash flow, with more consistent year-over-year improvement.
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.
RDDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -169K shares |
| 1 year | -0.4% | -868K shares |
| 3 years | +24% | +38.5M shares |
| 5 years | +24% | +38.5M shares |
RDDT has the edge over LYV on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
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).
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has the edge over LYV on leverage, with a lower net debt burden relative to earnings.
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).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (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.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT is trading at 20x earnings, a 23% 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 RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below 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 the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.