Live Nation Entertainment (LYV) Stock Forecast, Price Target & Predictions
LYV Stock Forecast
Live Nation Entertainment stock forecast is as follows: an average price target of $116.70 (represents a -0.38% downside from LYV’s last price of $117.15) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
LYV Price Target
The average price target for Live Nation Entertainment (LYV) is $116.70 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $133.00 to $80.00. This represents a potential -0.38% downside from LYV's last price of $117.15.
LYV Analyst Ratings
According to 17 Wall Street analysts, Live Nation Entertainment's rating consensus is 'Buy'. The analyst rating breakdown for LYV stock is 0 'Strong Buy' (0.00%), 17 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Live Nation Entertainment Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Eric Handler | Roth Capital | $132.00 | $115.35 | 14.43% | 12.68% |
| Oct 15, 2024 | David Joyce | Seaport Global | $133.00 | $115.84 | 14.81% | 13.53% |
| Sep 06, 2024 | Jed Kelly | Oppenheimer | $120.00 | $94.20 | 27.39% | 2.43% |
| Sep 04, 2024 | Peter Henderson | Bank of America Securities | $125.00 | $95.34 | 31.11% | 6.70% |
| Jul 02, 2024 | Barton Crockett | Rosenblatt Securities | $123.00 | $94.77 | 29.79% | 4.99% |
| May 24, 2024 | Eric Handler | Roth Capital | $120.00 | $95.22 | 26.02% | 2.43% |
| May 24, 2024 | David Joyce | Seaport Global | $115.00 | $93.48 | 23.02% | -1.84% |
| May 23, 2024 | Paul Golding | Macquarie | $125.00 | $101.40 | 23.27% | 6.70% |
| Apr 17, 2024 | Curry Baker | Guggenheim | $128.00 | $92.21 | 38.81% | 9.26% |
| Apr 11, 2024 | Barton Crockett | Rosenblatt Securities | $119.00 | $101.42 | 17.33% | 1.58% |
The latest Live Nation Entertainment stock forecast, released on Oct 16, 2024 by Eric Handler from Roth Capital, set a price target of $132.00, which represents a 14.43% increase from the stock price at the time of the forecast ($115.35), and a 12.68% increase from LYV last price ($117.15).
Live Nation Entertainment Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 10 |
| Avg Price Target | $132.50 | $127.50 | $124.00 |
| Last Closing Price | $117.15 | $117.15 | $117.15 |
| Upside/Downside | 13.10% | 8.83% | 5.85% |
In the current month, the average price target of Live Nation Entertainment stock is $132.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 13.10% increase as opposed to Live Nation Entertainment's last price of $117.15. This month's average price target is up 3.92% compared to last quarter, and up 6.85% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 15, 2024 | Seaport Global | Buy | Buy | Hold |
| Oct 08, 2024 | Macquarie | Outperform | Outperform | Hold |
| Sep 10, 2024 | Benchmark | Buy | Buy | Hold |
| Sep 06, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 04, 2024 | Bank of America Securities | - | Buy | Initialise |
| Aug 23, 2024 | Seaport Global | Buy | Buy | Hold |
| May 24, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 24, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| May 24, 2024 | Seaport Global | Buy | Buy | Hold |
| May 23, 2024 | Citigroup | Buy | Buy | Hold |
Live Nation Entertainment's last stock rating was published by Seaport Global on Oct 15, 2024. The company gave LYV a "Buy" rating, the same as its previous rate.
Live Nation Entertainment Financial Forecast
Live Nation Entertainment Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.15B | $5.63B | $3.13B | $4.29B | $6.15B | $4.43B | $1.80B | $2.70B | $2.70B |
| Avg Forecast | $8.35B | $10.90B | $8.36B | $5.34B | $7.74B | $10.08B | $7.71B | $4.91B | $7.16B | $9.63B | $7.17B | $4.50B | $6.67B | $8.89B | $6.71B | $4.06B | $5.98B | $7.80B | $6.02B | $3.26B | $4.79B | $6.99B | $4.95B | $2.27B | $3.60B | $5.10B | $3.92B | $1.88B | $2.07B | $2.02B |
| High Forecast | $8.35B | $10.90B | $8.36B | $5.34B | $7.74B | $10.08B | $7.71B | $4.91B | $7.16B | $9.63B | $7.17B | $4.50B | $6.67B | $8.89B | $6.71B | $4.06B | $5.98B | $8.35B | $6.02B | $3.26B | $5.04B | $7.47B | $4.95B | $2.27B | $3.60B | $5.10B | $3.92B | $1.88B | $2.07B | $2.02B |
| Low Forecast | $8.35B | $10.90B | $8.36B | $5.34B | $7.74B | $10.08B | $7.71B | $4.91B | $7.16B | $9.63B | $7.17B | $4.50B | $6.67B | $8.89B | $6.71B | $4.06B | $5.98B | $7.47B | $6.02B | $3.26B | $4.39B | $6.69B | $4.95B | $2.27B | $3.60B | $5.10B | $3.92B | $1.88B | $2.07B | $2.02B |
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.14% | 1.38% | 1.19% | 1.21% | 1.13% | 0.96% | 1.30% | 1.34% |
Live Nation Entertainment's average Quarter revenue forecast for Dec 23 based on 7 analysts is $4.79B, with a low forecast of $4.39B, and a high forecast of $5.04B. LYV's average Quarter revenue forecast represents a -41.21% decrease compared to the company's last Quarter revenue of $8.15B (Sep 23).
Live Nation Entertainment EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $811.84M | $553.84M | $291.30M | $47.76M | $576.62M | $445.22M | $131.78M | $-53.25M | $220.90M |
| Avg Forecast | $-662.99M | $-865.40M | $-663.40M | $-423.84M | $-614.31M | $-799.80M | $-612.28M | $-389.95M | $-568.38M | $-764.02M | $-568.81M | $-357.39M | $-529.72M | $-705.54M | $-532.84M | $-321.83M | $-474.35M | $-619.24M | $-477.42M | $46.49M | $-380.35M | $-554.95M | $-393.14M | $42.26M | $-26.25M | $-404.83M | $-311.48M | $38.42M | $-164.67M | $-160.31M |
| High Forecast | $-662.99M | $-865.40M | $-663.40M | $-423.84M | $-614.31M | $-799.80M | $-612.28M | $-389.95M | $-568.38M | $-764.02M | $-568.81M | $-357.39M | $-529.72M | $-705.54M | $-532.84M | $-321.83M | $-474.35M | $-592.62M | $-477.42M | $55.78M | $-348.12M | $-530.98M | $-393.14M | $50.71M | $-21.00M | $-404.83M | $-311.48M | $46.10M | $-164.67M | $-160.31M |
| Low Forecast | $-662.99M | $-865.40M | $-663.40M | $-423.84M | $-614.31M | $-799.80M | $-612.28M | $-389.95M | $-568.38M | $-764.02M | $-568.81M | $-357.39M | $-529.72M | $-705.54M | $-532.84M | $-321.83M | $-474.35M | $-663.08M | $-477.42M | $37.19M | $-399.69M | $-593.03M | $-393.14M | $33.81M | $-31.50M | $-404.83M | $-311.48M | $30.73M | $-164.67M | $-160.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.46% | -1.41% | 6.89% | -1.82% | -1.42% | -1.43% | 3.43% | 0.32% | -1.38% |
7 analysts predict LYV's average Quarter EBITDA for Dec 23 to be $-380.35M, with a high of $-348.12M and a low of $-399.69M. This is -146.85% lower than Live Nation Entertainment's previous annual EBITDA (Sep 23) of $811.84M.
Live Nation Entertainment Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $483.50M | $293.68M | $44.19M | $-167.63M | $331.49M | $228.38M | $-48.96M | $-162.47M | $42.63M |
| Avg Forecast | $-464.87M | $596.09M | $285.87M | $17.47M | $-418.71M | $553.63M | $277.71M | $20.92M | $-312.36M | $532.40M | $291.76M | $53.02M | $-223.78M | $470.54M | $302.47M | $26.27M | $-229.70M | $395.87M | $259.45M | $-82.32M | $-252.83M | $307.58M | $158.75M | $-74.83M | $-103.76M | $250.01M | $121.79M | $-68.03M | $-130.49M | $-20.40M |
| High Forecast | $-464.87M | $596.09M | $285.87M | $17.47M | $-418.71M | $553.63M | $277.71M | $20.92M | $-312.36M | $532.40M | $291.76M | $53.02M | $-223.78M | $470.54M | $302.47M | $26.27M | $-229.70M | $443.18M | $259.46M | $-65.85M | $-206.01M | $370.55M | $158.75M | $-59.87M | $-83.01M | $250.01M | $121.79M | $-54.43M | $-130.49M | $-20.40M |
| Low Forecast | $-464.87M | $596.09M | $285.87M | $17.47M | $-418.71M | $553.63M | $277.71M | $20.92M | $-312.36M | $532.40M | $291.76M | $53.02M | $-223.78M | $470.54M | $302.47M | $26.27M | $-229.70M | $351.05M | $259.45M | $-98.78M | $-306.67M | $227.66M | $158.75M | $-89.80M | $-124.51M | $250.01M | $121.79M | $-81.64M | $-130.49M | $-20.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.57% | 1.85% | -0.59% | 1.62% | 1.33% | 1.88% | 0.72% | 1.25% | -2.09% |
Live Nation Entertainment's average Quarter net income forecast for Dec 23 is $-252.83M, with a range of $-306.67M to $-206.01M. LYV's average Quarter net income forecast represents a -152.29% decrease compared to the company's last Quarter net income of $483.50M (Sep 23).
Live Nation Entertainment SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $974.15M | $868.60M | $690.32M | $749.20M | $872.63M | $731.46M | $602.59M | $716.38M | $491.58M |
| Avg Forecast | $2.73B | $3.56B | $2.73B | $1.74B | $2.53B | $3.29B | $2.52B | $1.60B | $2.34B | $3.14B | $2.34B | $1.47B | $2.18B | $2.90B | $2.19B | $1.32B | $1.95B | $2.55B | $1.96B | $935.32M | $1.57B | $2.28B | $1.62B | $850.29M | $353.15M | $1.67B | $1.28B | $772.99M | $677.62M | $659.69M |
| High Forecast | $2.73B | $3.56B | $2.73B | $1.74B | $2.53B | $3.29B | $2.52B | $1.60B | $2.34B | $3.14B | $2.34B | $1.47B | $2.18B | $2.90B | $2.19B | $1.32B | $1.95B | $2.73B | $1.96B | $1.12B | $1.64B | $2.44B | $1.62B | $1.02B | $423.78M | $1.67B | $1.28B | $927.59M | $677.62M | $659.69M |
| Low Forecast | $2.73B | $3.56B | $2.73B | $1.74B | $2.53B | $3.29B | $2.52B | $1.60B | $2.34B | $3.14B | $2.34B | $1.47B | $2.18B | $2.90B | $2.19B | $1.32B | $1.95B | $2.44B | $1.96B | $748.26M | $1.43B | $2.19B | $1.62B | $680.23M | $282.52M | $1.67B | $1.28B | $618.39M | $677.62M | $659.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.43% | 0.54% | 0.81% | 2.12% | 0.52% | 0.57% | 0.78% | 1.06% | 0.75% |
Live Nation Entertainment's average Quarter SG&A projection for Dec 23 is $1.57B, based on 7 Wall Street analysts, with a range of $1.43B to $1.64B. The forecast indicates a 60.67% rise compared to LYV last annual SG&A of $974.15M (Sep 23).
Live Nation Entertainment EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.85 | $1.29 | $0.19 | $-0.75 | $1.47 | $1.02 | $-0.22 | $-0.75 | $0.20 |
| Avg Forecast | $-1.90 | $2.43 | $1.17 | $0.07 | $-1.71 | $2.26 | $1.13 | $0.09 | $-1.27 | $2.17 | $1.19 | $0.22 | $-0.91 | $1.92 | $1.23 | $0.11 | $-0.94 | $1.62 | $1.06 | $-0.18 | $-1.03 | $1.26 | $0.65 | $-0.45 | $-0.88 | $1.02 | $0.50 | $-0.82 | $-0.53 | $-0.08 |
| High Forecast | $-1.90 | $2.43 | $1.17 | $0.07 | $-1.71 | $2.26 | $1.13 | $0.09 | $-1.27 | $2.17 | $1.19 | $0.22 | $-0.91 | $1.92 | $1.23 | $0.11 | $-0.94 | $1.81 | $1.06 | $-0.18 | $-0.84 | $1.51 | $0.65 | $-0.45 | $-0.88 | $1.02 | $0.50 | $-0.82 | $-0.53 | $-0.08 |
| Low Forecast | $-1.90 | $2.43 | $1.17 | $0.07 | $-1.71 | $2.26 | $1.13 | $0.09 | $-1.27 | $2.17 | $1.19 | $0.22 | $-0.91 | $1.92 | $1.23 | $0.11 | $-0.94 | $1.43 | $1.06 | $-0.18 | $-1.25 | $0.93 | $0.65 | $-0.45 | $-0.88 | $1.02 | $0.50 | $-0.82 | $-0.53 | $-0.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.47% | 1.99% | -0.42% | 0.85% | 1.44% | 2.05% | 0.27% | 1.41% | -2.40% |
According to 7 Wall Street analysts, Live Nation Entertainment's projected average Quarter EPS for Dec 23 is $-1.03, with a low estimate of $-1.25 and a high estimate of $-0.84. This represents a -155.78% decrease compared to LYV previous annual EPS of $1.85 (Sep 23).
Live Nation Entertainment Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPHR | Sphere Entertainment | $42.02 | $55.75 | 32.67% | Buy |
| WMG | Warner Music Group | $32.21 | $38.06 | 18.16% | Buy |
| FWONA | Formula One Group | $74.78 | $83.00 | 10.99% | Buy |
| MANU | Manchester United | $16.69 | $17.95 | 7.55% | Buy |
| FOX | Fox | $38.89 | $40.67 | 4.58% | Buy |
| MSGS | Madison Square Garden Sports | $220.99 | $230.00 | 4.08% | Buy |
| LYV | Live Nation Entertainment | $117.15 | $116.70 | -0.38% | Buy |
| EDR | Endeavor Group | $29.49 | $28.75 | -2.51% | Hold |
| MCS | Marcus | $20.62 | $20.00 | -3.01% | Buy |
LYV Forecast FAQ
Is Live Nation Entertainment a good buy?
Yes, according to 17 Wall Street analysts, Live Nation Entertainment (LYV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 17 'Buy' recommendations, accounting for 100.00% of LYV's total ratings.
What is LYV's price target?
Live Nation Entertainment (LYV) average price target is $116.7 with a range of $80 to $133, implying a -0.38% from its last price of $117.15. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Live Nation Entertainment stock go up soon?
According to Wall Street analysts' prediction for LYV stock, the company can go down by -0.38% (from the last price of $117.15 to the average price target of $116.7), up by 13.53% based on the highest stock price target, and down by -31.71% based on the lowest stock price target.
Can Live Nation Entertainment stock reach $200?
LYV's average twelve months analyst stock price target of $116.7 does not support the claim that Live Nation Entertainment can reach $200 in the near future.
What is Live Nation Entertainment's current price target trend?
2 Wall Street analysts forecast a $132.5 price target for Live Nation Entertainment (LYV) this month, up 13.10% from its last price of $117.15. Compared to the last 3 and 12 months, the average price target increased by 8.83% and increased by 5.85%, respectively.
What are Live Nation Entertainment's analysts' financial forecasts?
Live Nation Entertainment's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $30.45B (high $30.45B, low $30.45B), average EBITDA is $-2.416B (high $-2.416B, low $-2.416B), average net income is $433.56M (high $433.56M, low $433.56M), average SG&A $9.94B (high $9.94B, low $9.94B), and average EPS is $1.77 (high $1.77, low $1.77). LYV's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $32.96B (high $32.96B, low $32.96B), average EBITDA is $-2.616B (high $-2.616B, low $-2.616B), average net income is $434.56M (high $434.56M, low $434.56M), average SG&A $10.76B (high $10.76B, low $10.76B), and average EPS is $1.77 (high $1.77, low $1.77).
Did the LYV's actual financial results beat the analysts' financial forecasts?
Based on Live Nation Entertainment's last annual report (Dec 2022), the company's revenue was $16.68B, beating the average analysts forecast of $14.5B by 15.04%. Apple's EBITDA was $1.2B, missing the average prediction of $-704M by -270.62%. The company's net income was $409.19M, beating the average estimation of $200M by 104.59%. Apple's SG&A was $2.96B, missing the average forecast of $4.07B by -27.44%. Lastly, the company's EPS was $1.82, missing the average prediction of $-0.179 by -1118.47%. In terms of the last quarterly report (Sep 2023), Live Nation Entertainment's revenue was $8.15B, beating the average analysts' forecast of $6.99B by 16.58%. The company's EBITDA was $811.84M, missing the average prediction of $-555M by -246.29%. Live Nation Entertainment's net income was $483.5M, beating the average estimation of $307.58M by 57.19%. The company's SG&A was $974.15M, missing the average forecast of $2.28B by -57.34%. Lastly, the company's EPS was $1.85, beating the average prediction of $1.26 by 47.36%