Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Entertainment Industry Analysis

UpdatedSep 13, 2026
DataAggregated Company Financials
Companies153
  • 7D-0.5%
  • 3M-0.2%
  • 1Y-23.9%
  • YTD-11.1%

Over the last 7 days, the Entertainment industry has remained flat. As for the longer term, the industry has declined 24% in the last year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Sep 2026US$936.4bUS$290.9bUS$21.3b21.8x44x3.2x
Tue, 11 Aug 2026US$915.9bUS$290.5bUS$21.2b20.7x43.2x3.2x
Thu, 09 Jul 2026US$981.2bUS$292.9bUS$24.8b22.1x39.6x3.3x
Sat, 06 Jun 2026US$982.4bUS$293.1bUS$24.8b25.9x39.5x3.4x
Mon, 04 May 2026US$1.0tUS$290.6bUS$25.8b29x39.5x3.5x
Wed, 01 Apr 2026US$1.0tUS$287.6bUS$22.9b35.7x44.5x3.5x
Fri, 27 Feb 2026US$1.0tUS$289.4bUS$22.5b32.5x45.1x3.5x
Sun, 25 Jan 2026US$1.1tUS$283.4bUS$21.8b21.1x50.4x3.9x
Tue, 23 Dec 2025US$1.2tUS$281.4bUS$21.3b20.9x54.5x4.1x
Thu, 20 Nov 2025US$1.2tUS$278.8bUS$22.7b19.7x53.1x4.3x
Sat, 18 Oct 2025US$1.3tUS$274.7bUS$21.8b24.7x57.9x4.6x
Mon, 15 Sep 2025US$1.3tUS$274.8bUS$21.8b35.6x59x4.7x
Wed, 13 Aug 2025US$1.3tUS$293.7bUS$22.5b31.3x59.2x4.5x
Fri, 11 Jul 2025US$1.4tUS$288.7bUS$7.3b29x185.5x4.7x
Sun, 08 Jun 2025US$1.3tUS$288.3bUS$7.4b22.3x176.6x4.6x
Tue, 06 May 2025US$1.2tUS$284.9bUS$3.3b24.6x356.9x4.1x
Thu, 03 Apr 2025US$1.1tUS$282.4bUS$2.5b25x415.6x3.7x
Sat, 01 Mar 2025US$1.1tUS$287.4bUS$2.4b23.4x471.8x3.9x
Mon, 27 Jan 2025US$1.1tUS$286.1bUS$954.2m20x1119.5x3.7x
Wed, 25 Dec 2024US$1.1tUS$284.5bUS$15.8m18.7x67050.1x3.7x
Fri, 22 Nov 2024US$1.0tUS$284.8bUS$170.6m23.1x6071.1x3.6x
Sun, 20 Oct 2024US$957.8bUS$300.0bUS$1.7b23.9x560x3.2x
Tue, 17 Sep 2024US$884.5bUS$299.2bUS$1.0b16.9x848.2x3x
Thu, 15 Aug 2024US$849.3bUS$298.8bUS$1.6b13.3x541.3x2.8x
Sat, 13 Jul 2024US$851.3bUS$291.4bUS$7.7b14.3x110.9x2.9x
Mon, 10 Jun 2024US$836.7bUS$291.3bUS$7.8b14.7x107.5x2.9x
Wed, 08 May 2024US$836.5bUS$290.7bUS$9.6b20.2x87.1x2.9x
Fri, 05 Apr 2024US$859.8bUS$288.0bUS$9.3b18.9x92.6x3x
Sun, 03 Mar 2024US$839.0bUS$286.7bUS$9.9b15.3x84.5x2.9x
Tue, 30 Jan 2024US$884.8bUS$296.8bUS$8.0b19.7x111.2x3x
Thu, 28 Dec 2023US$837.6bUS$297.2bUS$7.0b19.6x119.2x2.8x
Sat, 25 Nov 2023US$846.2bUS$297.0bUS$6.9b20.9x123.1x2.8x
Mon, 23 Oct 2023US$738.3bUS$287.9bUS$1.5b20.9x504.4x2.6x
Wed, 20 Sep 2023US$744.6bUS$286.4bUS$862.9m20.7x863x2.6x
Price to Earnings Ratio

863x


Total Market Cap: US$744.6bTotal Earnings: US$862.9mTotal Revenue: US$286.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Entertainment Industry Price to Earnings3Y Average -67944.1x202420252026
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 43.6x which is higher than its 3-year average PE of -68kx.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Entertainment industry have grown 191% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

US Market-0.94%
Telecom1.18%
Entertainment-0.52%
Interactive Home Entertainment2.26%
Movies and Entertainment-0.76%
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 107x.
    • Analysts expect its future annual earnings growth (23.1%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 9.8% per year.
  • In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 23% 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
DIS Walt DisneyUS$106.551.2%
+US$2.1b		-8.1%PE21.4x
RBLX RobloxUS$45.505.1%
+US$1.6b		-65.9%PS5.7x
TKO TKO Group HoldingsUS$190.312.3%
+US$314.4m		-6.0%PE60.6x
ANGX Angel StudiosUS$5.4519.0%
+US$162.5m		-58.9%PS2.5x
TTWO Take-Two Interactive SoftwareUS$215.470.4%
+US$145.8m		-12.5%PS6x

Latest News

WBD
US$28.04
Warner Bros. Discovery
7D
-0.7%
1Y
48.6%
DIS
US$106.55
Walt Disney
7D
1.2%
1Y
-8.1%
RBLX
US$45.50
Roblox
7D
5.1%
1Y
-65.9%
AMC
US$2.46
AMC Entertainment Holdings
7D
-7.2%
1Y
-12.5%
Narrative Update • Sep 11

AMC: Premium Formats And Indie Distribution Will Support Future Earnings Power

Analysts have raised their average price target for AMC Entertainment Holdings, increasing it from $1.80 to $4.00. This shift reflects updated models following better than expected Q2 results, along with expectations for more stable box office trends and continued debt reduction efforts.
IQ
US$0.95
iQIYI
7D
8.2%
1Y
-63.5%
SPOT
US$525.75
Spotify Technology
7D
-3.1%
1Y
-24.5%
Seeking Alpha • Sep 10

Spotify Still Looks Like A Hold Despite Better Fundamentals

Summary Spotify has shifted focus from pure growth to disciplined profitability, with Q2 2026 gross margin at 33.4% and strong free cash flow. SPOT’s monetization is expanding via higher ARPU, Audiobooks+ add-ons, and a revamped, more automated ad business supporting double-digit ad growth targets. Management maintains mid-teen revenue growth and 35–40% gross margin targets, with operating margin aimed above 20% by 2030 and a robust €9.4B net cash position. Despite operational improvements, SPOT’s premium valuation and visible risks justify a Hold rating, as most upside appears priced in and cost risks remain material. Read the full article on Seeking Alpha
TTWO
US$215.47
Take-Two Interactive Software
7D
0.4%
1Y
-12.5%
NFLX
US$77.40
Netflix
7D
-1.1%
1Y
-34.9%
TKO
US$190.31
TKO Group Holdings
7D
2.3%
1Y
-6.0%
Seeking Alpha • Sep 09

TKO Group: The Next Earnings Win Comes From Selling More Around The Show

Summary TKO Group Holdings, Inc. (TKO) is rated 'Buy' based on its strong media rights, franchise value, and scalable revenue streams from UFC and WWE. TKO’s negotiating leverage stems from controlling unique, enduring sports-entertainment IP, enabling monetization across sponsorships, licensing, and archives with relatively low incremental costs. 2026 guidance targets $5.8B revenue and $2.29B adjusted EBITDA; a 26% upside to $235/share is supported by a 20x EBITDA multiple on projected earnings. Key risks include declining ticket sales, unsustainable sponsorship boosts, talent cost inflation, and potential legal or related-party transaction headwinds. Read the full article on Seeking Alpha
TME
US$7.98
Tencent Music Entertainment Group
7D
-3.4%
1Y
-68.1%
Narrative Update • Sep 05

TME: Future Risk Reward Balances Softer Music Trends And Expansion Initiatives

Tencent Music Entertainment Group's analyst price targets have been reduced, with one key target moving from $18 to $15 and another set at $9.30. Analysts are factoring in softer trends in core and non-subscriber music segments, a higher assumed future P/E multiple, and modestly adjusted fair value and profitability assumptions.
STUB
US$6.03
StubHub Holdings
7D
-8.6%
1Y
n/a
Narrative Update • Sep 03

STUB: World Cup Tailwind And New Distribution Reach Will Support Expectations

Analysts have trimmed the central fair value estimate for StubHub Holdings from $21.45 to $16.00, reflecting lower assumed revenue growth and a higher discount rate, partly offset by improved profit margin and P/E assumptions after recent guidance and price target cuts across the Street. Analyst Commentary Street research on StubHub Holdings has turned more cautious on growth assumptions, but most recent notes still point to a mix of concerns and pockets of confidence in the company’s positioning and valuation.
PLTK
US$2.31
Playtika Holding
7D
5.0%
1Y
-38.4%
Narrative Update • Sep 03

PLTK: Future Returns Will Hinge On A Delayed Mobile Franchise Turnaround

Analysts have trimmed their fair value estimate for Playtika Holding to $2.75 from $3.50, citing updated models that reflect weaker second half expectations, a reduced long term revenue outlook, and a later projected inflection point for the business, despite some stronger recent game performance. Analyst Commentary on Playtika Holding Recent Street research shows a cluster of downward price target revisions for Playtika Holding over the past few months.
WMG
US$28.33
Warner Music Group
7D
-1.6%
1Y
-15.7%
MSGE
US$79.19
Madison Square Garden Entertainment
7D
2.3%
1Y
78.9%
Narrative Update • Aug 27

MSGE: Future Upside Will Depend On Event Slate And Theater Monetization

Analysts have lifted the Madison Square Garden Entertainment fair value estimate from $80.71 to $91.63 as they factor in a series of higher price targets around $80 to $103, along with updated views on the FY26 performance, FY27 event calendar visibility, and potential theater monetization. Analyst Commentary Recent research on Madison Square Garden Entertainment gives you a mixed but detailed set of signals around valuation, execution risk, and growth visibility.
ANGX
US$5.45
Angel Studios
7D
19.0%
1Y
-58.9%
LYV
US$170.15
Live Nation Entertainment
7D
-1.9%
1Y
-2.1%
Seeking Alpha • Aug 13

Live Nation Entertainment: Demand Remains Strong

Summary Live Nation Entertainment remains a Buy as Q2 results show robust attendance, record deferred revenue, and double-digit AOI growth in Ticketing and Sponsorship. Q2 saw 9% revenue growth, with 10% higher fan attendance and deferred revenue up 25% to $6.4 billion, supporting near-term growth visibility. Venue Nation's owned venue strategy is boosting monetization per fan, with a pipeline of >25 large venues expected to further drive AOI growth through 2027. Ticketmaster and Sponsorship are scaling internationally, delivering strong incremental margins, and providing durable, high-margin growth beyond ticket admissions. Read the full article on Seeking Alpha