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COLORADO SPRINGS, Colo. - Venu Holding Corporation (NYSE American: VENU), the upscale live music venue and hospitality company, will be added to the Russell 3000 Index, as per the preliminary list from FTSE Russell released on May 23, 2025. The inclusion in the index is set to take effect after market close on June 27, 2025. The announcement comes as VENU’s stock trades near its 52-week high of $11.15, having surged 18% in the past week. According to InvestingPro data, analysts have set price targets ranging from $12.50 to $15.00 for the stock.
The Russell 3000 Index is a market-capitalization-weighted equity index that provides a comprehensive view of the broad U.S. stock market. Being added to the index can often lead to increased visibility and demand for a company’s stock, as it may be included in index funds and investment portfolios that track the Russell 3000.
Venu Holding Corporation, founded by J.W. Roth and headquartered in Colorado Springs, operates premium entertainment venues that combine dining and live music experiences. The company’s portfolio includes locations in Colorado Springs and Gainesville, Georgia, and is expanding with new amphitheaters in Oklahoma and Texas.
The company has received national recognition from major publications for its innovative approach to live entertainment, and it maintains strategic partnerships with industry leaders such as AEG Presents and Troy Aikman, the NFL Hall of Famer.
FTSE Russell, a global index leader, is responsible for the calculation of thousands of indexes, which are widely used by investors around the world for benchmarking and investment purposes. Venu Holding’s addition to the Russell 3000 Index follows FTSE Russell’s annual reconstitution process that aims to reflect market changes over the past year.
This news is based on a press release statement from Venu Holding Corporation and has not been independently verified. The company’s forward-looking statements in the press release are subject to various risks and uncertainties and reflect their expectations as of the date of the release.
In other recent news, Venue Holding Corporation reported significant financial growth for the first quarter of 2025. The company’s total assets increased by 19% to $212.9 million, while sales from its Luxe Fire Suite and Aikman club offerings reached $38.7 million. A new fractional ownership model introduced by Venue Holding has generated $12.5 million in revenue since February. The company’s strategic partnership with Ryan is set to accelerate its national expansion, with plans to develop venues in El Paso, Texas, and Centennial, Colorado. Venue Holding aims to achieve operational profitability in 2026, targeting $250 million in fractional ownership sales for the year. Additionally, the company has announced a partnership with Sands Investment Group to offer triple net real estate opportunities, providing investors with income-producing long-term assets. These developments underscore Venue Holding’s ongoing efforts to enhance its market position and expand its footprint in the live music and hospitality sectors.
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