B. Riley Issues Optimistic Estimate for Eventbrite Earnings

Eventbrite, Inc. (NYSE:EB - Free Report) - Research analysts at B. Riley raised their Q4 2025 earnings per share estimates for Eventbrite in a note issued to investors on Monday, November 11th. B. Riley analyst N. Khan now expects that the company will earn $0.06 per share for the quarter, up from their previous estimate of $0.05. B. Riley has a "Buy" rating and a $5.00 price objective on the stock. The consensus estimate for Eventbrite's current full-year earnings is ($0.20) per share. B. Riley also issued estimates for Eventbrite's Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at $0.14 EPS and Q3 2026 earnings at $0.29 EPS.

EB has been the subject of a number of other reports. Piper Sandler downgraded shares of Eventbrite from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $9.00 to $4.00 in a research report on Friday, August 9th. KeyCorp downgraded Eventbrite from an "overweight" rating to a "sector weight" rating in a research note on Friday, August 9th. Truist Financial cut shares of Eventbrite from a "buy" rating to a "hold" rating in a research note on Friday, August 9th. Finally, BWS Financial reaffirmed a "buy" rating and issued a $7.00 price target on shares of Eventbrite in a report on Thursday, October 3rd. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Eventbrite currently has a consensus rating of "Hold" and a consensus target price of $6.58.

Eventbrite Stock Performance

Shares of EB traded down $0.12 during trading hours on Wednesday, reaching $3.52. The company had a trading volume of 897,366 shares, compared to its average volume of 1,760,631. Eventbrite has a 12-month low of $2.51 and a 12-month high of $9.20. The firm has a 50 day simple moving average of $2.99 and a 200-day simple moving average of $4.05. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.56 and a current ratio of 1.56.

Insiders Place Their Bets

In related news, CTO Vivek Sagi sold 75,000 shares of the stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $3.44, for a total transaction of $258,000.00. Following the transaction, the chief technology officer now directly owns 495,464 shares in the company, valued at approximately $1,704,396.16. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, CFO Charles Baker sold 20,000 shares of the firm's stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $3.03, for a total value of $60,600.00. Following the transaction, the chief financial officer now directly owns 628,152 shares in the company, valued at $1,903,300.56. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Vivek Sagi sold 75,000 shares of the business's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $3.44, for a total value of $258,000.00. Following the sale, the chief technology officer now owns 495,464 shares of the company's stock, valued at $1,704,396.16. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 21.46% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP purchased a new stake in shares of Eventbrite during the 3rd quarter valued at about $25,000. Quadrature Capital Ltd acquired a new position in shares of Eventbrite during the first quarter worth $64,000. Harbor Capital Advisors Inc. boosted its stake in shares of Eventbrite by 54.8% in the third quarter. Harbor Capital Advisors Inc. now owns 23,477 shares of the company's stock valued at $64,000 after purchasing an additional 8,307 shares during the period. Intech Investment Management LLC acquired a new stake in Eventbrite during the 3rd quarter valued at $70,000. Finally, US Bancorp DE increased its stake in Eventbrite by 327.3% during the 3rd quarter. US Bancorp DE now owns 26,004 shares of the company's stock worth $71,000 after buying an additional 19,919 shares during the period. 91.64% of the stock is owned by institutional investors and hedge funds.

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.