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U.S. Entertainment Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies154
  • 7D4.4%
  • 3M-5.8%
  • 1Y17.8%
  • YTD-6.0%

In the last week, the Entertainment industry is up 4.4%, with Netflix up 2.8%. In the last 12 months, the industry was up 18%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026US$1.1tUS$287.7bUS$22.9b36.2x45.9x3.7x
Fri, 06 Mar 2026US$1.1tUS$288.7bUS$22.6b35.3x48.5x3.8x
Sun, 01 Feb 2026US$1.0tUS$283.6bUS$21.8b30.1x47.8x3.7x
Tue, 30 Dec 2025US$1.2tUS$281.4bUS$21.3b19x54.9x4.1x
Thu, 27 Nov 2025US$1.1tUS$279.2bUS$22.8b20.8x49.8x4.1x
Sat, 25 Oct 2025US$1.2tUS$276.3bUS$22.0b27.3x56.5x4.5x
Mon, 22 Sep 2025US$1.3tUS$274.9bUS$21.8b34x60x4.8x
Wed, 20 Aug 2025US$1.4tUS$295.2bUS$22.9b37.1x60.5x4.7x
Fri, 18 Jul 2025US$1.4tUS$288.5bUS$7.3b29.8x185.4x4.7x
Sun, 15 Jun 2025US$1.3tUS$288.6bUS$7.4b23.8x174.3x4.5x
Tue, 13 May 2025US$1.2tUS$285.1bUS$7.1b21.6x167.2x4.2x
Thu, 10 Apr 2025US$948.2bUS$282.5bUS$2.5b22x374.6x3.4x
Sat, 08 Mar 2025US$1.1tUS$289.4bUS$2.4b23.4x447.8x3.7x
Mon, 03 Feb 2025US$1.1tUS$285.9bUS$944.5m24.6x1171.8x3.9x
Wed, 01 Jan 2025US$1.0tUS$284.4bUS$10.9m18.1x95083.2x3.6x
Fri, 29 Nov 2024US$1.0tUS$284.8bUS$64.1m18.9x16262.2x3.7x
Sun, 27 Oct 2024US$895.2bUS$284.8b-US$2,350,261,712.8323.9x-380.9x3.1x
Tue, 24 Sep 2024US$903.1bUS$299.4bUS$1.1b19.7x844.4x3x
Thu, 22 Aug 2024US$892.9bUS$299.3bUS$1.2b18.6x758.8x3x
Sat, 20 Jul 2024US$844.2bUS$292.0bUS$8.3b14.1x102.2x2.9x
Mon, 17 Jun 2024US$858.8bUS$291.1bUS$7.8b14.5x110.4x2.9x
Wed, 15 May 2024US$841.2bUS$290.7bUS$9.8b22x86.2x2.9x
Fri, 12 Apr 2024US$857.3bUS$287.7bUS$9.3b19.1x92.1x3x
Sun, 10 Mar 2024US$827.6bUS$287.0bUS$9.4b15.1x87.8x2.9x
Tue, 06 Feb 2024US$791.4bUS$286.4bUS$5.5b16.9x143.6x2.8x
Thu, 04 Jan 2024US$825.2bUS$296.9bUS$7.0b19.7x117.2x2.8x
Sat, 02 Dec 2023US$834.9bUS$296.9bUS$6.9b20.9x120.6x2.8x
Mon, 30 Oct 2023US$731.5bUS$288.3bUS$1.8b20.9x403.7x2.5x
Wed, 27 Sep 2023US$714.2bUS$287.4bUS$1.2b19.5x577x2.5x
Fri, 25 Aug 2023US$728.4bUS$286.5bUS$372.5m20.6x1955.3x2.5x
Sun, 23 Jul 2023US$785.2bUS$281.5b-US$2,045,674,272.0020.8x-383.8x2.8x
Tue, 20 Jun 2023US$780.7bUS$280.0b-US$2,206,683,547.0019.9x-353.8x2.8x
Thu, 18 May 2023US$728.7bUS$280.3b-US$1,969,251,388.0019.6x-370x2.6x
Sat, 15 Apr 2023US$757.6bUS$267.1b-US$1,066,227,981.0022.4x-710.5x2.8x
Price to Earnings Ratio

-710.5x


Total Market Cap: US$757.6bTotal Earnings: -US$1,066,227,981.00Total Revenue: US$267.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Entertainment Industry Price to Earnings3Y Average -68154.5x202420252026
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 45.9x which is higher than its 3-year average PE of -68kx.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • Total earnings for the Entertainment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.5% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

US Market4.40%
Telecom6.70%
Entertainment4.35%
Movies and Entertainment4.41%
Interactive Home Entertainment3.97%
Industry PE
  • Investors are most optimistic about the Movies and Entertainment industry even though it's trading below its 3-year average PE ratio of 61.2x.
    • Analysts are expecting annual earnings growth of 15.9%, which is lower than the prior year's growth of 29.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 27% per year.
  • In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 16% 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
NFLX NetflixUS$98.822.8%
+US$11.3b		13.5%PE38x
LYV Live Nation EntertainmentUS$158.293.8%
+US$1.3b		33.2%PS1.5x
WMG Warner Music GroupUS$27.025.8%
+US$774.6m		-3.7%PE46.7x
RBLX RobloxUS$57.501.7%
+US$666.2m		12.3%PS8.3x
ROKU RokuUS$98.534.1%
+US$576.4m		78.8%PE164.4x

Latest News

NFLX
US$98.82
Netflix
7D
2.8%
1Y
13.5%
WBD
US$27.37
Warner Bros. Discovery
7D
-0.3%
1Y
255.9%

WBD: Paramount Cash Offer And Deal Spread Will Drive Share Upside

Analysts are holding their blended price target for Warner Bros. Discovery steady at $31.25.
DIS
US$95.78
Walt Disney
7D
-0.6%
1Y
17.2%

Wall Street Lunch: Disney Revamps Paris Park To Boost European Growth

Apr 06
IQ
US$1.32
iQIYI
7D
-2.2%
1Y
-13.7%

IQ: AI Production And Offline Parks Will Support Long-Term Earnings Potential

Analysts have revised their price target on iQIYI to $2.84 from $3.21, citing updated assumptions for revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News Launch of Nadou Pro, described as the country's first AI agent focused on professional film and TV production.
CNK
US$29.88
Cinemark Holdings
7D
4.8%
1Y
17.4%

CNK: 2026 Margin Risk As Box Office Normalizes Will Cap Upside

The analyst price target for Cinemark Holdings has been raised, with moves such as B. Riley lifting its target to $30, Roth Capital to $36, and Goldman Sachs to $22, as analysts weigh roughly in line Q4 results, stronger per-capita metrics, and debates around market share, pricing, and margin potential into 2026 and beyond.
MSGS
US$320.74
Madison Square Garden Sports
7D
-0.2%
1Y
82.6%

MSGS: Future Asset Discount Is Expected To Persist As Spin Off Plans Advance

Narrative Update Overview Analysts have lifted the implied fair value estimate for Madison Square Garden Sports from about $311.50 to roughly $348.60. They point to updated assumptions around discount rates, revenue growth, profit margins, and a higher future P/E multiple following recent price target increases from several firms.
TME
US$8.99
Tencent Music Entertainment Group
7D
-3.1%
1Y
-25.0%

TME: Core Monetization And K Content Will Support Future Recovery

The analyst price target for Tencent Music Entertainment Group has been revised slightly lower to reflect a modest fair value adjustment to about $28.87. Analysts cited recent downgrades and reduced targets tied to competitive pressure and less clear near term earnings visibility, partly offset by at least one firm highlighting secure monetization and an overdone share selloff.
SPHR
US$124.25
Sphere Entertainment
7D
5.8%
1Y
377.7%

SPHR: Future Venue Pipeline And Programming Visibility Will Drive Returns

The analyst fair value estimate for Sphere Entertainment has been raised from $92.00 to $160.00, reflecting higher Street price targets and analyst views that recent operating results and growing visibility into future Sphere events and venues support a richer P/E multiple, despite more measured revenue growth assumptions. Analyst Commentary Recent Street research has turned more constructive on Sphere Entertainment, with several bullish analysts lifting price targets and shifting ratings upward after stronger than expected operating results and growing visibility into Sphere related revenue streams.
RBLX
US$57.50
Roblox
7D
1.7%
1Y
12.3%

RBLX: Future Engagement And New Hits Will Support Earnings Potential

Roblox's updated analyst fair value target of $65.00, broadly in line with recent Street moves that trimmed price targets across a wide $70 to $155 range, reflects analysts balancing cautious booking and engagement assumptions with ongoing confidence in the platform's ability to surface new hit experiences. Analyst Commentary Across recent research, the main theme is a reset in expectations as a wide group of firms trim Roblox price targets, even when they keep positive or neutral ratings in place.
ROKU
US$98.53
Roku
7D
4.1%
1Y
78.8%

ROKU: Neutral Aggregator Role Will Underpin 2026 Advertising Platform Catalysts

Roku's updated analyst price target edges lower to about $126.50, down less than $1 from roughly $127.10. Analysts factor in slightly softer revenue growth and profit margin assumptions while still applying a higher forward P/E based on recent research that highlights the company's "Switzerland-like" streaming position and potential benefits from industry trends and company specific actions.
WMG
US$27.02
Warner Music Group
7D
5.8%
1Y
-3.7%

WMG: AI Catalog Risks Will Ultimately Support Long Term Content Economics

Analysts have nudged their price targets for Warner Music Group lower by a few dollars, citing updated assumptions that combine slightly higher growth expectations with pressure on profit margins and fresh concerns around AI related catalog and market share risks. Analyst Commentary Recent research highlights a mix of optimism about Warner Music Group's growth potential and concern around how new technologies, especially AI, could affect long term value and market share.
SPOT
US$483.18
Spotify Technology
7D
-0.4%
1Y
-6.8%

SPOT: Recurring Price Increases Will Support Future Margin Expansion Potential

Analysts have nudged their price target framework for Spotify higher to $784.59 from $767.84, reflecting slightly firmer assumptions around revenue growth, profit margins, and future P/E in light of a mix of supportive rating actions, incremental price hike expectations, and ongoing debate over AI related risks. Analyst Commentary Recent research on Spotify centers on two themes you should keep in mind: pricing power in Premium subscriptions and how much AI changes the risk profile for the business.
FWON.K
US$86.50
Formula One Group
7D
1.7%
1Y
9.0%

FWON.K: Third Party Race Promotion And 2026 Deals Will Drive Upside Potential

Analysts have trimmed their average price target for Formula One Group by $0.44 to reflect a slightly higher discount rate and slower revenue growth assumptions, partly offset by expectations for stronger profit margins and a lower future P/E multiple informed by recent mixed target moves and rating changes across the Street. Analyst Commentary Recent Street research around Formula One Group shows a mix of optimism and restraint, with several firms fine-tuning price targets and ratings rather than making sweeping calls.
LYV
US$158.29
Live Nation Entertainment
7D
3.8%
1Y
33.2%

LYV: DOJ Settlement Progress Will Support Venue Expansion Upside Potential

Live Nation Entertainment's analyst-derived fair value estimate edges up from $182.59 to $183.27 as analysts factor in higher Street price targets clustered around $177 to $204. These are largely tied to relief around a potential DOJ settlement, expectations for continued concert and sponsorship strength, and a greater focus on owned-and-operated venues, while Ticketmaster related changes are viewed as manageable.
ANGX
US$2.93
Angel Studios
7D
-3.9%
1Y
-74.5%
TKO
US$192.96
TKO Group Holdings
7D
-4.3%
1Y
38.9%