10 Best Entertainment Stocks to Buy According to Billionaires

6. Live Nation Entertainment, Inc. (NYSE:LYV)

Number of Billionaire Investors: 15

Number of Hedge Fund Holders: 60

Live Nation Entertainment, Inc. (NYSE:LYV) is an American multinational entertainment company. The company specializes in live entertainment, organizing and promoting live music events, artist management, ticketing services, and sponsorships. Live Nation Entertainment, Inc. (NYSE:LYV) is one of the best entertainment stocks to invest in.

On February 21, Evercore ISI analysts raised the firm’s price target on Live Nation Entertainment, Inc. (NYSE:LYV) from $160 to $180 and maintained an ‘Outperform’ rating. Analysts noted that despite concerns about potential softening in consumer spending, the company has not observed any reduction in concert demand across all types of events, including large stadium shows, smaller club performances, and festivals, which are selling at record levels across diverse genres and regions. While Q1 2025 is expected to face challenges from foreign exchange pressures, analysts expect to see accelerated growth in Q2 and Q3. Investments in Venue Nation are also expected to help Live Nation Entertainment, Inc. (NYSE:LYV) to sustain growth momentum into 2026 and beyond.