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U.S. Entertainment Industry Analysis

UpdatedJul 05, 2026
DataAggregated Company Financials
Companies155
  • 7D3.3%
  • 3M-5.4%
  • 1Y-22.6%
  • YTD-10.7%

In the last week, the Entertainment industry is up 3.3%, with Netflix up 5.2%. During this same period, the TKO Group Holdings underperformed, falling 9.9%. In the past year, the industry is down 23%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Jul 2026US$990.3bUS$293.0bUS$24.8b23x39.9x3.4x
Tue, 02 Jun 2026US$1.0tUS$293.4bUS$24.9b27.1x40.8x3.5x
Thu, 30 Apr 2026US$1.0tUS$290.1bUS$25.8b29x39.5x3.5x
Sat, 28 Mar 2026US$1.0tUS$287.5bUS$23.0b35.1x44x3.5x
Mon, 23 Feb 2026US$1.0tUS$287.0bUS$22.5b30.2x44.6x3.5x
Wed, 21 Jan 2026US$1.1tUS$281.4bUS$21.3b19.4x52.3x3.9x
Fri, 19 Dec 2025US$1.2tUS$281.3bUS$21.3b22.2x54.4x4.1x
Sun, 16 Nov 2025US$1.2tUS$278.9bUS$22.8b20x52.3x4.3x
Tue, 14 Oct 2025US$1.3tUS$274.5bUS$21.8b27.6x58.3x4.6x
Thu, 11 Sep 2025US$1.3tUS$274.6bUS$21.8b32.7x59.6x4.7x
Sat, 09 Aug 2025US$1.3tUS$293.2bUS$21.9b30.6x59.7x4.5x
Mon, 07 Jul 2025US$1.4tUS$288.9bUS$7.4b28.4x186.1x4.7x
Wed, 04 Jun 2025US$1.3tUS$288.3bUS$7.3b21.2x174.7x4.4x
Fri, 02 May 2025US$1.1tUS$284.9bUS$3.2b23.2x354.6x4x
Sun, 30 Mar 2025US$1.1tUS$282.4bUS$2.5b24.9x418.4x3.7x
Tue, 25 Feb 2025US$1.1tUS$288.2bUS$2.6b24.8x435.8x3.9x
Thu, 23 Jan 2025US$1.0tUS$285.9bUS$946.4m19.3x1089.9x3.6x
Sat, 21 Dec 2024US$1.0tUS$284.5bUS$50.2m17.4x20674x3.6x
Mon, 18 Nov 2024US$991.6bUS$284.9bUS$184.5m21x5375.5x3.5x
Wed, 16 Oct 2024US$925.8bUS$298.7bUS$1.0b24.6x913.5x3.1x
Fri, 13 Sep 2024US$868.4bUS$299.0bUS$1.0b17x841.1x2.9x
Sun, 11 Aug 2024US$839.7bUS$297.7bUS$1.8b18x478.5x2.8x
Tue, 09 Jul 2024US$867.8bUS$291.3bUS$7.8b13.7x112x3x
Thu, 06 Jun 2024US$851.3bUS$291.5bUS$7.8b15.4x109.2x2.9x
Sat, 04 May 2024US$825.5bUS$287.3bUS$10.7b22.4x77.3x2.9x
Mon, 01 Apr 2024US$852.9bUS$287.9bUS$9.3b18.8x91.5x3x
Wed, 28 Feb 2024US$807.1bUS$285.7bUS$9.7b19x83.3x2.8x
Fri, 26 Jan 2024US$866.2bUS$297.0bUS$8.0b20.3x108.6x2.9x
Sun, 24 Dec 2023US$831.0bUS$297.0bUS$7.0b19.5x118x2.8x
Tue, 21 Nov 2023US$834.5bUS$296.6bUS$6.7b21.2x124x2.8x
Thu, 19 Oct 2023US$726.6bUS$287.2bUS$1.2b20.8x610.8x2.5x
Sat, 16 Sep 2023US$744.6bUS$286.4bUS$875.7m20.7x850.4x2.6x
Mon, 14 Aug 2023US$773.0bUS$287.8b-US$1,388,449,044.0027.1x-556.7x2.7x
Wed, 12 Jul 2023US$792.3bUS$279.9b-US$2,331,663,988.0021.6x-339.8x2.8x
Price to Earnings Ratio

-339.8x


Total Market Cap: US$792.3bTotal Earnings: -US$2,331,663,988.00Total Revenue: US$279.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Entertainment Industry Price to Earnings3Y Average -68119.2x202420252026
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 39.9x which is higher than its 3-year average PE of -68kx.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
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 remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

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

US Market1.63%
Telecom5.26%
Entertainment3.32%
Interactive Home Entertainment6.59%
Movies and Entertainment2.79%
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 78.5x.
    • Analysts are expecting annual earnings growth of 21.1%, which is lower than the prior year's growth of 26.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 4.8% per year.
  • In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 21% 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$77.655.2%
+US$16.2b		-40.1%PE24.4x
RBLX RobloxUS$55.4116.5%
+US$5.6b		-46.5%PS7.5x
SPOT Spotify TechnologyUS$485.975.6%
+US$5.3b		-33.0%PE32.3x
TTWO Take-Two Interactive SoftwareUS$254.996.9%
+US$3.1b		6.2%PS7.1x
LYV Live Nation EntertainmentUS$186.594.0%
+US$1.7b		25.0%PS1.7x

Latest News

SPOT
US$485.97
Spotify Technology
7D
5.6%
1Y
-33.0%
TKO
US$194.42
TKO Group Holdings
7D
-9.9%
1Y
9.8%
RBLX
US$55.41
Roblox
7D
16.5%
1Y
-46.5%
CAST
US$4.34
FreeCast
7D
-43.3%
1Y
n/a
DIS
US$99.50
Walt Disney
7D
0.7%
1Y
-19.8%
SPHR
US$163.79
Sphere Entertainment
7D
-3.6%
1Y
277.1%
Seeking Alpha • Jul 02

Sphere Entertainment: Short Sellers Beware

Summary Sphere Entertainment Co. remains a Buy as robust Sphere segment growth and ambitious expansion plans outweigh MSG Networks' decline. SPHR Q1 revenues surged 38% to $386.41M, with the Sphere segment up 69% YoY, driven by The Wizard of Oz's success. New shows like Rocky Horror and venue expansions in National Harbor and Abu Dhabi are set to drive long-term revenue growth. Despite a forward P/S of 4.453 and high short interest, Sphere Entertainment's fundamentals and growth prospects justify the valuation and continued bullish stance. Read the full article on Seeking Alpha
NFLX
US$77.65
Netflix
7D
5.2%
1Y
-40.1%
Seeking Alpha • Jul 02

Netflix: A Bull Trap?

Summary Netflix's subscriber growth is steadily slowing, forcing the company to rely increasingly on ARPU expansion to sustain revenue growth. Advertising is more likely to support existing growth than become the next major growth engine investors are hoping for. Current earnings expectations and valuation assumptions appear too optimistic for a business entering a more mature stage of its lifecycle. Elevated market leverage and a weakening macroeconomic backdrop leave Netflix exposed to a significantly less favorable environment than investors currently expect. Our fundamental analysis, reverse valuation, and technical signals all point to an unfavorable risk-reward profile, supporting our Strong Sell rating. Read the full article on Seeking Alpha
LYV
US$186.59
Live Nation Entertainment
7D
4.0%
1Y
25.0%
Seeking Alpha • Jul 01

Live Nation Entertainment: Strong Seasonality Ahead

Summary Live Nation Entertainment operates globally with revenue streams from concerts, ticketing, and sponsorship/advertising. Concerts contribute 73% of revenue, but ticketing delivers 60% of adjusted operating income due to higher margins. Sponsorship boasts the highest margin at 63.6%, while concerts operate at a slim 0.1% margin. Ticketmaster remains LYV's primary ticketing platform, underpinning the company's profitability and growth potential. Read the full article on Seeking Alpha
FWON.K
US$98.50
Formula One Group
7D
6.9%
1Y
-4.4%
TTWO
US$254.99
Take-Two Interactive Software
7D
6.9%
1Y
6.2%
LION
US$14.66
Lionsgate Studios
7D
-10.6%
1Y
150.6%
AMC
US$1.89
AMC Entertainment Holdings
7D
-12.5%
1Y
-35.9%
WBD
US$26.48
Warner Bros. Discovery
7D
-1.0%
1Y
136.0%
Seeking Alpha • Jun 25

WBD: Thanks To Oracle, Warner Just Might Be The Newest AI Stock

Summary Warner Bros. Discovery remains in merger limbo, with EU approval likely but significant U.S. state opposition mounting. WBD's movie performance is lagging, reflecting the front-loading of its top films into 2025 at the expense of 2026. Recent declines in Oracle stock may threaten merger financing, with Ellison’s liquidity tied to ORCL’s value. The state challenge has a real chance of success, although my base case remains merger approval. I maintain a Hold (avoid) rating on WBD, as merger probability and operational headwinds balance out potential upside. Read the full article on Seeking Alpha
ROKU
US$142.43
Roku
7D
5.2%
1Y
61.4%
Narrative Update • Jun 23

ROKU: Fox Deal And Personalization Upgrades Will Support Future Advertising Upside

Roku's updated analyst fair value estimate has shifted from $146.04 to $151.68. This reflects analysts' adjustments to discount rate, revenue growth, profit margin, and future P/E assumptions in light of Fox's planned acquisition and the recent wave of price target resets around the $155 to $160 range.
CNK
US$31.53
Cinemark Holdings
7D
-5.7%
1Y
2.7%
Narrative Update • Jun 23

CNK: Box Office Momentum And Margin Assumptions Will Support Future Returns

The analyst price target for Cinemark Holdings has been raised by about $3.40, with analysts attributing the change to a lower required discount rate, slightly higher profit margin assumptions, and supportive recent research that cites stronger Q1 results and improving Q2 box office trends as key factors. Analyst Commentary Recent Street research on Cinemark Holdings points to a cluster of higher price targets, with analysts updating their models after Q1 results and early reads on Q2 box office performance.
MSGE
US$78.39
Madison Square Garden Entertainment
7D
-2.4%
1Y
95.9%
Narrative Update • Jun 22

MSGE: Future Returns Will Depend On Concert Demand And Penn Station Progress

The analyst price target for Madison Square Garden Entertainment has been nudged higher to $77.13 from $76.38, reflecting analysts' updated views on the Penn Station redevelopment progress, the concert event profile, and comparable P/E assumptions across recent research. Analyst Commentary Analysts covering Madison Square Garden Entertainment are focusing on two main areas: the Penn Station redevelopment process and the concert event profile.