FY2027 Earnings Forecast for Eventbrite Issued By B. Riley

Eventbrite, Inc. (NYSE:EB) – Analysts at B. Riley upped their FY2027 earnings estimates for shares of Eventbrite in a research note issued to investors on Sunday, November 9th. B. Riley analyst N. Khan now forecasts that the company will earn $0.13 per share for the year, up from their prior estimate of $0.12. The consensus estimate for Eventbrite’s current full-year earnings is ($0.12) per share. B. Riley also issued estimates for Eventbrite’s FY2028 earnings at $0.07 EPS.

A number of other research analysts also recently issued reports on the company. Morgan Stanley set a $2.70 price objective on Eventbrite in a report on Sunday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Eventbrite in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $4.40.

Eventbrite Stock Performance

EB opened at $2.74 on Tuesday. The company has a market capitalization of $264.41 million, a price-to-earnings ratio of -22.83 and a beta of 2.04. The business’s 50-day moving average price is $2.54 and its two-hundred day moving average price is $2.50. Eventbrite has a 1 year low of $1.80 and a 1 year high of $4.12. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.12 and a quick ratio of 1.51.

Hedge Funds Weigh In On Eventbrite

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Tableaux LLC acquired a new position in Eventbrite during the second quarter worth $35,000. Captrust Financial Advisors bought a new position in shares of Eventbrite in the 2nd quarter valued at about $42,000. R Squared Ltd acquired a new position in shares of Eventbrite during the 2nd quarter worth about $50,000. Great Lakes Advisors LLC bought a new stake in shares of Eventbrite in the 1st quarter valued at about $44,000. Finally, Federated Hermes Inc. acquired a new stake in Eventbrite in the 1st quarter valued at about $52,000. 91.64% of the stock is owned by institutional investors.

Eventbrite Company Profile

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.