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Live Nation office in Washington, DC, on July 11, 2024 (Beata Zawrzel/Getty Images)

Live Nation beats Q4 revenue estimates

The company reported earnings results on Thursday.

Live Nation rose after it reported revenue numbers that beat Wall Street expectations.

The company inadvertently released the report before market close. For the last three months of 2025, Live Nation reported:

  • An operating loss of $142.7 million, compared to the $65 million operating loss analysts polled by FactSet were expecting.

  • Revenue of $6.3 billion, compared to the $6.1 billion analysts were penciling in.

For its current fiscal year, the concert and ticketing company expects:

  • Capital expenditure to hit between $1.1 billion and $1.2 billion, compared to the $1 billion analysts were expecting.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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