Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Live Nation Entertainment's Beta is 0.5455.
Live Nation Entertainment (STU:3LN) Beta Explanation
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Entertainment subindustry, Live Nation Entertainment's Beta, along with its competitors' market caps and Beta data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Live Nation Entertainment Beta vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Beta distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's Beta falls into.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.
Live Nation Entertainment (STU:3LN) has a Beta of 0.5455 as of Jun. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Live Nation Entertainment and its competitors.
Is Live Nation Entertainment's Beta too high?
Live Nation Entertainment's current Beta is 0.5455. Overall, Live Nation Entertainment has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Live Nation Entertainment's Beta compare to FOXA and FWONA?
Live Nation Entertainment's Beta of 0.5455 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Media - Diversified company?
A good Beta depends on the Media - Diversified industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Live Nation Entertainment and its competitors. Live Nation Entertainment's current Beta is 0.5455. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Live Nation Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Live Nation Entertainment (STU:3LN) is currently considered Modestly Overvalued. The stock's GF Value™ is €122.62, compared to a current price of €157.20 — trading 28.2% above its estimated fair value. The current Beta is 0.5455. Live Nation Entertainment's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Live Nation Entertainment (STU:3LN), the current Beta is 0.5455 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Live Nation Entertainment (STU:3LN) Overvalued in 2026?
Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued.
The current stock price of €157.20 is trading 28.2% above its estimated GF Value™ of €122.62.
GuruFocus considers Live Nation Entertainment to be Modestly Overvalued.
Key valuation signals for STU:3LN:
Beta: 0.5455
GF Value™: €122.62 vs. price of €157.20 (28.2% above fair value)
No single metric tells the full story. See the STU:3LN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 51 countries, Live Nation promotes concerts globally and it owned, operated, or had exclusive booking rights to more than 400 venues worldwide at the end of 2025, which the firm says makes it the second-largest operator of music venues globally. In 2025, Live Nation promoted nearly 55,000 events, drawing roughly 160 million fans. Ticketmaster is a dominant global ticketing service, selling nearly 650 million tickets in 2025.
81GF Score
Get the complete analysis for STU:3LN
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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