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U.S. Entertainment Industry Analysis

UpdatedJan 27, 2026
DataAggregated Company Financials
Companies171
  • 7D-1.5%
  • 3M-13.6%
  • 1Y4.6%
  • YTD-4.7%

Over the last 7 days, the Entertainment industry has dropped 1.5%, driven by declines in Netflix and Roblox of 2.6% and 15%, respectively. This takes the industry's 12 month performance to a gain of 4.6%. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

Has the U.S. Entertainment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 27 Jan 2026US$1.1tUS$283.5bUS$21.8b21.1x49x3.8x
Thu, 25 Dec 2025US$1.2tUS$281.4bUS$21.3b20.1x54.9x4.2x
Sat, 22 Nov 2025US$1.1tUS$279.0bUS$22.7b19.4x49.9x4.1x
Mon, 20 Oct 2025US$1.3tUS$274.7bUS$21.8b24.7x58.3x4.6x
Wed, 17 Sep 2025US$1.3tUS$276.9bUS$21.6b33.8x60.4x4.7x
Fri, 15 Aug 2025US$1.4tUS$295.2bUS$22.9b31x59.6x4.6x
Sun, 13 Jul 2025US$1.3tUS$288.7bUS$7.3b27.6x178.9x4.6x
Tue, 10 Jun 2025US$1.3tUS$288.4bUS$7.4b23.3x176.5x4.5x
Thu, 08 May 2025US$1.2tUS$286.6bUS$6.6b20.4x176.5x4.1x
Sat, 05 Apr 2025US$996.4bUS$282.5bUS$2.5b22.5x392.1x3.5x
Mon, 03 Mar 2025US$1.1tUS$287.3bUS$2.0b21.2x552.8x3.9x
Wed, 29 Jan 2025US$1.1tUS$286.0bUS$949.1m19x1146.6x3.8x
Fri, 27 Dec 2024US$1.1tUS$284.5bUS$16.4m20.4x64592.1x3.7x
Sun, 24 Nov 2024US$1.0tUS$284.7bUS$61.3m22.8x17038.6x3.7x
Tue, 22 Oct 2024US$957.8bUS$299.8bUS$1.7b23.8x564.5x3.2x
Thu, 19 Sep 2024US$895.4bUS$299.2bUS$1.0b19x853.5x3x
Sat, 17 Aug 2024US$866.2bUS$298.9bUS$1.1b21.4x759.5x2.9x
Mon, 15 Jul 2024US$852.4bUS$291.4bUS$7.7b14.3x111.1x2.9x
Wed, 12 Jun 2024US$854.5bUS$291.2bUS$7.8b14.5x109.8x2.9x
Fri, 10 May 2024US$835.6bUS$291.3bUS$9.5b22.2x87.6x2.9x
Sun, 07 Apr 2024US$865.0bUS$288.0bUS$9.3b19.2x93.2x3x
Tue, 05 Mar 2024US$839.4bUS$286.8bUS$9.4b15x89.5x2.9x
Thu, 01 Feb 2024US$875.8bUS$297.0bUS$8.1b19.8x108.6x2.9x
Sat, 30 Dec 2023US$837.0bUS$297.3bUS$7.1b19.8x118.5x2.8x
Mon, 27 Nov 2023US$846.1bUS$297.0bUS$6.9b20.9x123.1x2.8x
Wed, 25 Oct 2023US$741.4bUS$288.0bUS$1.5b20.9x509.2x2.6x
Fri, 22 Sep 2023US$717.5bUS$287.5bUS$1.2b20.1x583.5x2.5x
Sun, 20 Aug 2023US$735.8bUS$287.7b-US$15,290,264.0026.2x-48121.4x2.6x
Tue, 18 Jul 2023US$797.4bUS$280.3b-US$2,349,989,260.0028.9x-339.3x2.8x
Thu, 15 Jun 2023US$785.9bUS$279.7b-US$2,207,070,201.0020x-356.1x2.8x
Sat, 13 May 2023US$723.6bUS$280.6b-US$2,760,130,953.0020.6x-262.2x2.6x
Mon, 10 Apr 2023US$758.8bUS$266.9b-US$1,081,490,797.0022.4x-701.6x2.8x
Wed, 08 Mar 2023US$721.7bUS$265.7b-US$2,764,350,063.0028.1x-261.1x2.7x
Fri, 03 Feb 2023US$781.4bUS$255.0bUS$390.3m30.2x2002.2x3.1x
Price to Earnings Ratio

2002.2x


Total Market Cap: US$781.4bTotal Earnings: US$390.3mTotal Revenue: US$255.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Entertainment Industry Price to Earnings3Y Average -68241.8x202420252026
Current Industry PE
  • Investors are optimistic on the American Entertainment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 49.0x which is higher than its 3-year average PE of -68kx.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Entertainment industry have grown 282% per year over the last three years.
  • Revenues for these companies have grown 3.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Telecom industry?

US Market0.12%
Telecom3.30%
Entertainment-1.51%
Movies and Entertainment-0.89%
Interactive Home Entertainment-5.10%
Industry PE
  • Investors are most optimistic about the Movies and Entertainment industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 13.1%, which is lower than the prior year's growth of 26.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is better than its past earnings decline of 3.0% per year.
  • In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SPOT Spotify TechnologyUS$512.601.6%
+US$1.7b		-0.3%PE63.3x
TTWO Take-Two Interactive SoftwareUS$245.632.3%
+US$1.0b		30.7%PS7.3x
LYV Live Nation EntertainmentUS$147.802.3%
+US$782.5m		5.5%PE106.5x
TME Tencent Music Entertainment GroupUS$16.922.1%
+US$544.7m		43.4%PE17.4x
ROKU RokuUS$107.003.2%
+US$493.5m		33.4%PS3.5x

Latest News

AMC
US$1.49
AMC Entertainment Holdings
7D
-7.5%
1Y
-54.2%

AMC: Share Dilution And Weak Box Office Will Pressure Future Returns

Narrative Update The analyst price target for AMC Entertainment Holdings has been reduced to $1.30. Analysts point to softer Q4 U.S. box office receipts, the larger authorized share count, and ongoing free cash flow pressures despite recent operational progress and debt refinancing efforts.
WBD
US$28.24
Warner Bros. Discovery
7D
-1.2%
1Y
169.2%

WBD: Future Bidding Outcomes And Deal Structure Will Drive Share Upside

Analysts lifted their fair value estimate for Warner Bros. Discovery to $35.00 from $21.27, citing updated assumptions for revenue growth, profit margins, a lower discount rate and a higher future P/E multiple, along with recent Street research highlighting potential M&A interest and revised price targets in the broader streaming group.
MSGS
US$284.95
Madison Square Garden Sports
7D
-1.6%
1Y
28.6%

MSGS: Future 60% Asset Discount Is Expected To Remain Despite Mixed Signals

Analysts have nudged their fair value estimate for Madison Square Garden Sports higher from about $265 to roughly $280, citing updated private market value work on the Knicks and Rangers, recent price target moves on the stock, and an assumed richer future P/E multiple as key supports for the new target. Analyst Commentary Recent research on Madison Square Garden Sports highlights both enthusiasm about asset value and caution around near-term execution.
DIS
US$111.31
Walt Disney
7D
0.1%
1Y
-1.8%

ESPN' streaming transition and monetisation are starting to prove out

A few things have moved in a positive direction for Disney’s sports business recently. Headline line: Disney is strengthening ESPN’s position from a few different angles -protecting distribution, keeping the live sports engine strong, and continuing the shift toward a bigger streaming-led future.
RBLX
US$74.01
Roblox
7D
-15.2%
1Y
10.2%
STUB
US$13.80
StubHub Holdings
7D
-13.8%
1Y
n/a

All In Pricing And Regulatory Risks Will Pressure Ticketing Margins Over Time

Catalysts About StubHub Holdings StubHub Holdings operates a global online marketplace focused on buying and selling live event tickets. What are the underlying business or industry changes driving this perspective?
IMAX
US$34.75
IMAX
7D
-7.2%
1Y
46.6%

IMAX: Future Slate And Profit Execution Will Support Measured Upside Potential

Analysts have lifted their IMAX fair value estimate from about US$38.81 to roughly US$43.73 per share, citing updated assumptions for revenue growth, profit margins and a lower future P/E that together support a higher price target. Analyst Commentary Analysts reviewing IMAX after the updated fair value estimate are split between what could support the higher valuation and what might limit upside if execution falls short.
NFLX
US$85.70
Netflix
7D
-2.6%
1Y
-11.8%
WMG
US$30.37
Warner Music Group
7D
-0.7%
1Y
-2.7%
TME
US$16.92
Tencent Music Entertainment Group
7D
2.1%
1Y
43.4%

TME: Future Margin Debate Will Shape Upside After Recent Selloff

Analysts have trimmed their fair value estimate for Tencent Music Entertainment Group from US$23.15 to about US$21.77, reflecting lower long term earnings assumptions and a more cautious view on margin trends, even as they continue to highlight resilient user monetization and limited impact so far from Bytedance's Soda Music. Analyst Commentary Recent research updates around Tencent Music show a split in views, but there is a clear pocket of caution you should be aware of.
ROKU
US$107.00
Roku
7D
3.2%
1Y
33.4%

ROKU: Platform Monetization And Advertising Tools Will Drive Free Cash Flow

Analysts have lifted their fair value estimate for Roku to $158.85 from $135.15, reflecting updated expectations for revenue growth, profit margins, and future P/E multiples. The higher estimate is supported by a series of recent price target increases tied to free cash flow, platform monetization, and projected operating leverage into 2026 and 2027.
SPOT
US$512.60
Spotify Technology
7D
1.6%
1Y
-0.3%

SPOT: Future Price Increases And Margin Goals Will Drive Rerating Potential

Analysts have trimmed their Spotify Technology price targets, with our fair value estimate moving from US$913.70 to US$889.24. They are factoring in slightly softer margin assumptions, modestly lower growth estimates, and a higher future P/E, while still referencing potential benefits from pricing changes and longer term margin goals.
TTWO
US$245.63
Take-Two Interactive Software
7D
2.3%
1Y
30.7%

TTWO: Fair Value View Balances Content Pipeline Hopes And Execution Risks

Analysts have raised their fair value estimate for Take-Two Interactive Software to US$226.19 from US$181.99, reflecting higher assumed revenue growth, margins, and future P/E multiples, in line with recent Street price target increases into the US$280 to US$288 range. Analyst Commentary Recent Street research shows a mix of optimism around Take-Two Interactive Software's content pipeline and cautious views around valuation and execution risk.
LYV
US$147.80
Live Nation Entertainment
7D
2.3%
1Y
5.5%
GDEV
US$23.00
GDEV
7D
38.7%
1Y
47.5%

Earnings Working Against GDEV Inc.'s (NASDAQ:GDEV) Share Price Following 39% Dive

Dec 31
Earnings Working Against GDEV Inc.'s (NASDAQ:GDEV) Share Price Following 39% Dive
MANU
US$17.64
Manchester United
7D
4.9%
1Y
9.6%