B. Riley Has Pessimistic View of Eventbrite Q2 Earnings

Eventbrite, Inc. (NYSE:EB) – Equities researchers at B. Riley decreased their Q2 2025 earnings estimates for Eventbrite in a report released on Sunday, May 11th. B. Riley analyst N. Khan now expects that the company will post earnings per share of ($0.05) for the quarter, down from their previous forecast of ($0.03). B. Riley has a “Neutral” rating and a $3.50 price objective on the stock. The consensus estimate for Eventbrite’s current full-year earnings is ($0.12) per share. B. Riley also issued estimates for Eventbrite’s Q3 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.19) EPS, FY2027 earnings at ($0.09) EPS and FY2028 earnings at $0.00 EPS.

Separately, BWS Financial reiterated a “buy” rating and set a $7.00 target price on shares of Eventbrite in a research note on Monday, April 14th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Eventbrite currently has a consensus rating of “Hold” and an average price target of $5.25.

Eventbrite Stock Performance

Eventbrite stock opened at $2.41 on Wednesday. The stock has a market cap of $228.06 million, a P/E ratio of -26.78 and a beta of 2.02. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.34. The stock has a 50 day moving average of $2.18 and a 200-day moving average of $2.99. Eventbrite has a 52 week low of $1.81 and a 52 week high of $5.92.

Eventbrite (NYSE:EB) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.01. The company had revenue of $73.83 million during the quarter, compared to the consensus estimate of $72.88 million. Eventbrite had a negative net margin of 2.42% and a negative return on equity of 4.44%.

Hedge Funds Weigh In On Eventbrite

Several large investors have recently added to or reduced their stakes in EB. Barclays PLC lifted its stake in Eventbrite by 151.8% during the third quarter. Barclays PLC now owns 169,642 shares of the company’s stock worth $462,000 after purchasing an additional 102,283 shares during the last quarter. Pallas Capital Advisors LLC bought a new position in Eventbrite during the fourth quarter worth $37,000. SG Americas Securities LLC lifted its stake in Eventbrite by 18.5% during the fourth quarter. SG Americas Securities LLC now owns 89,012 shares of the company’s stock worth $299,000 after purchasing an additional 13,882 shares during the last quarter. Savant Capital LLC lifted its stake in Eventbrite by 76.6% during the fourth quarter. Savant Capital LLC now owns 37,590 shares of the company’s stock worth $126,000 after purchasing an additional 16,310 shares during the last quarter. Finally, White Pine Capital LLC bought a new position in Eventbrite during the fourth quarter worth $300,000. 91.64% of the stock is currently owned by institutional investors.

About Eventbrite

Eventbrite, Inc operates a two-sided marketplace that provides self-service ticketing and marketing tools for event creators in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, enhance reach, and drive ticket sales.