Live Nation Settles DOJ Antitrust Case: EPS Set to Triple With $222 Target

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Live Nation (LYV) recently settled its DOJ antitrust lawsuit, avoiding a forced sale of Ticketmaster and causing shares to rise. The settlement requires Live Nation to divest certain booking agreements, open Ticketmaster’s platform to third parties, and pay $280 million. Analysts predict a significant EPS recovery by 2028 and set a median price target of $183.27, with TIKR’s model suggesting a $222.37 target by December 2030, assuming no adverse ruling from the remaining 27 state attorneys general.

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