Eventbrite, Inc. (NYSE:EB – Free Report) – Equities research analysts at B. Riley decreased their FY2026 earnings per share estimates for shares of Eventbrite in a note issued to investors on Sunday, May 11th. B. Riley analyst N. Khan now expects that the company will post earnings of $0.01 per share for the year, down from their previous estimate of $0.02. B. Riley currently has a “Neutral” rating and a $3.50 target price 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 FY2029 earnings at $0.13 EPS.
Separately, BWS Financial reaffirmed a “buy” rating and issued a $7.00 price target on shares of Eventbrite in a report on Monday, April 14th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Eventbrite presently has a consensus rating of “Hold” and an average target price of $5.25.
Eventbrite Trading Down 4.0%
NYSE EB opened at $2.41 on Tuesday. Eventbrite has a 52 week low of $1.81 and a 52 week high of $5.92. The company has a 50 day moving average price of $2.18 and a 200 day moving average price of $2.99. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.34. The firm has a market cap of $228.06 million, a PE ratio of -26.78 and a beta of 2.02.
Eventbrite (NYSE:EB – Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.01. Eventbrite had a negative net margin of 2.42% and a negative return on equity of 4.44%. The business had revenue of $73.83 million during the quarter, compared to the consensus estimate of $72.88 million.
Institutional Investors Weigh In On Eventbrite
A number of large investors have recently modified their holdings of the business. Pallas Capital Advisors LLC acquired a new stake in Eventbrite during the 4th quarter worth about $37,000. RPO LLC acquired a new stake in shares of Eventbrite during the fourth quarter worth about $55,000. Mercer Global Advisors Inc. ADV purchased a new stake in Eventbrite in the fourth quarter valued at approximately $66,000. EntryPoint Capital LLC purchased a new stake in Eventbrite in the fourth quarter valued at approximately $67,000. Finally, CHICAGO TRUST Co NA acquired a new position in Eventbrite in the 1st quarter worth approximately $44,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.
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.
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