Eventbrite, Inc. (NYSE:EB – Free Report) – Equities researchers at B. Riley cut their FY2026 earnings per share estimates for Eventbrite in a research note issued to investors on Tuesday, February 25th. B. Riley analyst N. Khan now anticipates that the company will post earnings per share of $0.12 for the year, down from their previous estimate of $0.62. The consensus estimate for Eventbrite’s current full-year earnings is ($0.12) per share. B. Riley also issued estimates for Eventbrite’s FY2027 earnings at $0.14 EPS and FY2028 earnings at $0.29 EPS.
Separately, BWS Financial restated a “buy” rating and set a $7.00 price target on shares of Eventbrite in a research note on Wednesday, November 13th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $6.58.
Eventbrite Stock Performance
Shares of Eventbrite stock opened at $3.18 on Thursday. The firm has a market cap of $307.60 million, a P/E ratio of -35.28 and a beta of 2.27. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.34. Eventbrite has a 12 month low of $2.51 and a 12 month high of $8.46. The stock’s fifty day moving average price is $3.41 and its 200-day moving average price is $3.28.
Institutional Investors Weigh In On Eventbrite
Large investors have recently modified their holdings of the business. Quantbot Technologies LP purchased a new stake in shares of Eventbrite during the third quarter worth about $25,000. Pallas Capital Advisors LLC purchased a new stake in Eventbrite in the fourth quarter valued at approximately $37,000. Paloma Partners Management Co purchased a new stake in Eventbrite in the third quarter valued at approximately $44,000. RPO LLC purchased a new stake in Eventbrite in the fourth quarter valued at approximately $55,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Eventbrite in the fourth quarter valued at approximately $66,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.
Insider Activity at Eventbrite
In other news, COO Charles Baker sold 20,000 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $3.55, for a total transaction of $71,000.00. Following the sale, the chief operating officer now owns 617,487 shares in the company, valued at approximately $2,192,078.85. The trade was a 3.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 21.46% of the stock is owned by corporate insiders.
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.
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