Venu Holding
VENUNYSE AmericanUSD
- Source valuation snapshot. Not a live recalculation.
- Latest filed annual earnings; price snapshot date unavailable. Not forward P/E.
- Diluted earnings per share from the latest filed annual.
- $1.19 Prior regular-session close from the quote source.
- $1.19–$1.30 Regular-session low and high so far today.
- 215.6K Regular-session shares traded · Nov 11, 4:00 PM ET.
- Nov 16 projected Projected for 2026-11-16 from the company’s own results filings (SEC 8-K Item 2.02). The company has not confirmed the date.
- $1.09–$12.16 52-week trading low and high returned by the quote source.
Understand the Business
Why the Stock Moved
Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.
The core investment thesis
Own VENU if its owned upscale music, amphitheater, restaurant, bar, and ticketing model turns a fast-growing asset base into materially higher venue utilization, cash flow, and eventually GAAP profits.
VENU price history
Loading recent earnings…
Investment thesis
What must happen next
Venu’s differentiated draw must come from bundling live music, dining, bars, and luxury experiences in one destination, so customers and event partners choose its venues over generic concert halls or standalone restaurants.HoldingMateriality: High
Item 1 profile description says Venu designs, develops, owns, and operates upscale music venues, multi-season amphitheaters, and full-service restaurants and bars where music, dining, and luxury experiences converge. If the experience bundle drives repeat visits and premium spend, revenue can scale across multiple categories; if not, Venu competes as an undifferentiated venue operator.
Watch: Live Nation, AEG, casinos, sports arenas, or local independent venues secure the artists and event calendars that Venu needs to make its venues destination properties.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Item 1 profile description says Venu designs, develops, owns, and operates upscale music venues, multi-season amphitheaters, and full-service restaurants and.
Open source ↗The development model must convert Venu’s enlarged venue asset base into productive capacity rather than stranded construction and underutilized entertainment real estate.HoldingMateriality: High
GAAP total assets increased from $83.2 million at FY2023 year-end to $178.4 million at FY2024 year-end and $370.6 million at FY2025 year-end, consistent with a major buildout phase. Asset productivity is the difference between scalable owned economics and a capital sink that consumes equity and debt capacity.
Watch: Permitting, construction-cost inflation, local opposition, or contractor delays prevent new venues from opening on economic schedules.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP total assets increased from $83.2 million at FY2023 year-end to $178.4 million at FY2024 year-end and $370.6 million at.
Open source ↗Advance ticketing, hospitality deposits, sponsorships, or operating arrangements must keep cash coming in ahead of full GAAP profitability, giving Venu time to scale the venue portfolio.StrengtheningMateriality: Medium
GAAP annual operating cash flow improved from negative $4.9 million in FY2023 to positive $3.8 million in FY2024. Positive operating cash flow can extend the runway during buildout; if it reverses, the company may need more external financing before profitability is proven.
Watch: Ticket-sale momentum weakens or refund obligations rise because events are postponed, cancelled, or undersold.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP annual operating cash flow improved from negative $4.9 million in FY2023 to positive $3.8 million in FY2024.
Open source ↗The owned-venue platform only creates equity value if new event capacity and premium spend absorb fixed development, staffing, and corporate costs rather than letting scale make losses larger.WeakeningMateriality: Medium
Item 1 profile description indicates Venu controls multiple monetization points—venues, restaurants, bars, and ticketing—which could provide operating leverage if utilization rises. This determines whether growth is valuable: revenue that does not bring operating leverage may dilute owners or increase financial risk.
Watch: Labor, security, insurance, artist guarantees, maintenance, and pre-opening costs rise faster than ticketing and hospitality revenue.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Item 1 profile description indicates Venu controls multiple monetization points—venues, restaurants, bars, and ticketing—which could provide operating leverage if utilization.
Open source ↗Venu must finance its venue rollout without allowing debt, obligations, or future dilution to outrun the cash-generating capacity of the assets.HoldingMateriality: Medium
GAAP cash was $41.3 million at FY2025 year-end, providing some near-term liquidity. Even if venues become popular, owners can lose if capital providers capture the upside before common shareholders do.
Watch: Construction lenders, landlords, municipalities, or private financiers require terms that subordinate common shareholders’ economics.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
GAAP cash was $41.3 million at FY2025 year-end, providing some near-term liquidity.
Open source ↗
Full investment case & evidence
Loading the original research archive…
Original research
Venu’s differentiated draw must come from bundling live music, dining, bars, and luxury experiences in one destination, so customers and event partners choose its venues over generic concert halls or standalone restaurants. If the experience bundle drives repeat visits and premium spend, revenue can scale across multiple categories; if not, Venu competes as an undifferentiated venue operator.
The development model must convert Venu’s enlarged venue asset base into productive capacity rather than stranded construction and underutilized entertainment real estate. Asset productivity is the difference between scalable owned economics and a capital sink that consumes equity and debt capacity.
Advance ticketing, hospitality deposits, sponsorships, or operating arrangements must keep cash coming in ahead of full GAAP profitability, giving Venu time to scale the venue portfolio. Positive operating cash flow can extend the runway during buildout; if it reverses, the company may need more external financing before profitability is proven.
The owned-venue platform only creates equity value if new event capacity and premium spend absorb fixed development, staffing, and corporate costs rather than letting scale make losses larger. This determines whether growth is valuable: revenue that does not bring operating leverage may dilute owners or increase financial risk.
Venu must finance its venue rollout without allowing debt, obligations, or future dilution to outrun the cash-generating capacity of the assets. Even if venues become popular, owners can lose if capital providers capture the upside before common shareholders do.
All standing thesis claims
Original report summary
its owned upscale music, amphitheater, restaurant, bar, and ticketing model turns a fast-growing asset base into materially higher venue utilization, cash flow, and eventually GAAP profits.
Bull case and bear case
Bull case and bear case for VENU Holding
Where the evidence on VENU Holding disagrees: Mixed on the latest evidence (Nov 4, 2026). Of its 5 thesis points, 1 strengthening, 3 holding and 1 weakening.
Bull case: what the evidence supports
Venu’s differentiated draw must come from bundling live music, dining, bars, and luxury experiences in one destination, so customers and event partners choose its venues over generic concert halls or standalone restaurants.
The development model must convert Venu’s enlarged venue asset base into productive capacity rather than stranded construction and underutilized entertainment real estate.
Advance ticketing, hospitality deposits, sponsorships, or operating arrangements must keep cash coming in ahead of full GAAP profitability, giving Venu time to scale the venue portfolio.
Venu must finance its venue rollout without allowing debt, obligations, or future dilution to outrun the cash-generating capacity of the assets.
Bear case: what the evidence questions
The owned-venue platform only creates equity value if new event capacity and premium spend absorb fixed development, staffing, and corporate costs rather than letting scale make losses larger.
Thesis-Break Engine
What has broken in VENU Holding’s thesis
Each break OptimistFi flagged on VENU Holding, dated — with what has historically followed the same kind of break across the market, not a forecast for VENU Holding.
- CEO / officer changecondition set before this filing
Across all companies, this kind of break has happened 16,849 times before. Those stocks trailed comparable companies by a median of 2% over the next six months, and 38% of them trailed it by 10 points or more.
MARKET + FINANCIAL SNAPSHOT
The numbers behind the thesis
What Changed
- MixedEntered a material definitive agreement.
VENU Holding filed an SEC 8-K on 2026-10-26: Entered a material definitive agreement. It is a dated development that tests the current thesis.
- MixedDirector or principal officer change.
VENU Holding filed an SEC 8-K on 2026-10-19: Director or principal officer change. It is a dated development that tests the current thesis.
- MixedDirector or principal officer change.
VENU Holding filed an SEC 8-K on 2026-09-24: Director or principal officer change. It is a dated development that tests the current thesis.
Risks / falsifiers
What could break the thesis
- Live Nation, AEG, casinos, sports arenas, or local independent venues secure the artists and event calendars that Venu needs to make its venues destination properties.
- Permitting, construction-cost inflation, local opposition, or contractor delays prevent new venues from opening on economic schedules.
- Ticket-sale momentum weakens or refund obligations rise because events are postponed, cancelled, or undersold.
- Labor, security, insurance, artist guarantees, maintenance, and pre-opening costs rise faster than ticketing and hospitality revenue.
- Construction lenders, landlords, municipalities, or private financiers require terms that subordinate common shareholders’ economics.
VENU news
Loading headlines…
Financial statements
VENU income statement
Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.
VENU: quick answers
- When does VENU Holding (VENU) report earnings next?
- VENU Holding's next results are projected for November 16, 2026, from the dates of its own results filings with the SEC. The company has not confirmed the date. It last reported on August 13, 2026. Earnings calendar
- What is VENU's short interest?
- As of October 30, 2026, 4.8M VENU shares were sold short, down 5.2% from the count before. At the stock's average daily volume that is 12 days to cover. FINRA publishes the count twice a month. VENU short interest history