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

U.S. Entertainment Industry Analysis

UpdatedMar 05, 2026
DataAggregated Company Financials
Companies164
  • 7D7.0%
  • 3M-3.1%
  • 1Y8.8%
  • YTD-2.0%

In the last week, the Entertainment industry is up 7.0%, with Netflix up 17%. This takes the industry's 12 month performance to a gain of 8.8%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Mar 2026US$1.1tUS$288.9bUS$23.2b35.9x47.2x3.8x
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
Mon, 13 Mar 2023US$690.2bUS$266.2b-US$1,707,402,788.0026.6x-404.2x2.6x
Price to Earnings Ratio

-404.2x


Total Market Cap: US$690.2bTotal Earnings: -US$1,707,402,788.00Total Revenue: US$266.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Entertainment Industry Price to Earnings3Y Average -68171.9x202420252026
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 47.2x 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
  • Total earnings for the Entertainment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.8% 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 Market-1.22%
Telecom0.35%
Entertainment7.00%
Movies and Entertainment8.01%
Interactive Home Entertainment0.66%
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 52.7x.
    • Analysts are expecting annual earnings growth of 15.4%, 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 44% over the next 5 years.
  • This is better than its past earnings decline of 8.3% per year.
  • In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 15% 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$99.173.0%
+US$12.4b		11.3%PE38.1x
SPOT Spotify TechnologyUS$552.1211.4%
+US$11.6b		1.6%PE44.3x
ROKU RokuUS$98.115.0%
+US$684.1m		23.3%PE163.7x
WMG Warner Music GroupUS$29.104.0%
+US$585.0m		-14.0%PE50.3x
LION Lionsgate StudiosUS$9.9921.1%
+US$504.9m		16.3%PS0.7x

Latest News

STUB
US$8.91
StubHub Holdings
7D
-6.1%
1Y
n/a
RBLX
US$66.08
Roblox
7D
-7.5%
1Y
12.8%
TKO
US$211.75
TKO Group Holdings
7D
-5.4%
1Y
44.1%
SPOT
US$552.12
Spotify Technology
7D
11.4%
1Y
1.6%
DIS
US$102.41
Walt Disney
7D
-3.0%
1Y
-2.9%

DIS: IP Strength And Leadership Transition Will Shape Future Share Repricing

Our Walt Disney narrative remains anchored to a fair value of $130.57. The updated inputs reflect a modestly higher discount rate and slightly firmer revenue growth, profit margin, and future P/E assumptions that line up with recent analyst price target revisions and their focus on the company’s intellectual property strength and early fiscal year performance.
NFLX
US$99.17
Netflix
7D
3.0%
1Y
11.3%

Netflix was right to decline in raising their offer for Warner Brothers

I think everyone who is invested in the American stock market has their eyes on Netflix as of late. Especially after the company declined to raise their offer for Warner Brothers in their bidding war against Paramount Skydance.
ROKU
US$98.11
Roku
7D
5.0%
1Y
23.3%

ROKU: Neutral Platform Positioning Will Support 2026 Advertising And Subscription Catalysts

Roku's updated analyst price target edges slightly lower to about $127.07 from $127.44, as analysts modestly increase their discount rate while still pointing to steady revenue growth, stable profit margins, and supportive commentary around the company's broad streaming platform positioning and 2026 catalysts. Analyst Commentary Recent Street research on Roku points to a generally constructive tone, with several firms lifting price targets and a few also upgrading their ratings.
WBD
US$28.00
Warner Bros. Discovery
7D
-2.8%
1Y
161.7%
FWON.K
US$83.98
Formula One Group
7D
-3.0%
1Y
-9.2%

FWON.K: Future Deal Activity And Race Promotion Will Drive Premium Earnings

Analysts have trimmed their average price target for Formula One Group by about $1, as slightly lower revenue growth assumptions are partly offset by a modestly higher profit margin outlook and updated P/E expectations, informed by recent rating changes, small target moves around $93 to $111, and views on potential acquisitions and race promotion opportunities. Analyst Commentary Recent research updates on Formula One Group cluster around rating changes and modest target moves, with analysts weighing potential deal activity and race economics against execution risk and event variability.
CNK
US$28.25
Cinemark Holdings
7D
5.7%
1Y
19.0%
LION
US$9.99
Lionsgate Studios
7D
21.1%
1Y
16.3%
IQ
US$1.44
iQIYI
7D
-15.8%
1Y
-37.9%
WMG
US$29.10
Warner Music Group
7D
4.0%
1Y
-14.0%

WMG: AI Threats Will Ultimately Support Stronger Long Term Cash Generation

Analysts have slightly trimmed their price target on Warner Music Group to $37.44, reflecting a modestly higher discount rate and a small uptick in expected profit margin, while also factoring in fresh views on AI related risks and recent mixed research commentary. Analyst Commentary Recent research on Warner Music Group reflects a mix of optimism around the core business and caution around emerging risks, especially related to AI generated music.
LYV
US$159.78
Live Nation Entertainment
7D
1.2%
1Y
21.9%

LYV: Venue Expansion And DOJ Resolution Talks Will Drive Future Upside

Analysts have raised their implied fair value estimate for Live Nation Entertainment to about $178.90 from roughly $169.71, citing higher modeled revenue growth, a richer future P/E assumption and confidence in the concert ownership and venue expansion plans, while still factoring in pressure on ticketing margins and regulatory commitments. Analyst Commentary Recent Street research on Live Nation points to a generally constructive tone, with most firms focusing on execution around concerts and venues, while still flagging regulatory and North America growth risks that could affect how the stock is valued.
TME
US$13.47
Tencent Music Entertainment Group
7D
-8.6%
1Y
1.1%

TME: Core Paying Users Will Support Future Recovery From Competitive Concerns

Analysts have made a small upward adjustment to their fair value estimate for Tencent Music Entertainment Group to $30.90 from $30.26, reflecting updated views on revenue growth, profit margins, and future P/E after recent research that kept a Neutral stance and highlighted steady user-paying fundamentals despite competitive noise from Bytedance's Soda Music. Analyst Commentary Recent commentary from bullish analysts has centered on how Tencent Music Entertainment Group's core business model and user-paying proposition remain intact, even as competition from Bytedance's Soda Music attracts attention.
ANGX
US$4.27
Angel Studios
7D
10.6%
1Y
-62.4%