What is B. Riley's Estimate for Eventbrite FY2026 Earnings?

Eventbrite, Inc. (NYSE:EB - Free Report) - Research analysts at B. Riley dropped their FY2026 earnings estimates for Eventbrite in a research report issued on Tuesday, February 25th. B. Riley analyst N. Khan now expects that the company will post earnings per share of $0.12 for the year, down from their previous estimate of $0.62. 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 FY2027 earnings at $0.14 EPS and FY2028 earnings at $0.29 EPS.

Separately, BWS Financial reaffirmed a "buy" rating and set a $7.00 price objective on shares of Eventbrite in a research note on Monday. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Eventbrite has a consensus rating of "Hold" and a consensus price target of $5.40.

Eventbrite Price Performance

Eventbrite stock traded up $0.01 on Thursday, reaching $2.45. The company's stock had a trading volume of 2,892,810 shares, compared to its average volume of 1,626,696. The business's fifty day moving average price is $3.39 and its 200 day moving average price is $3.27. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market cap of $237.36 million, a price-to-earnings ratio of -27.22 and a beta of 2.26. Eventbrite has a twelve month low of $2.23 and a twelve month high of $6.02.

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Insiders Place Their Bets

In related news, COO Charles Baker sold 20,000 shares of the stock in a transaction on 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 directly owns 617,487 shares of the company's stock, valued at $2,192,078.85. This trade represents a 3.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 21.46% of the company's stock.

Institutional Trading of Eventbrite

Hedge funds have recently modified their holdings of the company. Quantbot Technologies LP bought a new position in shares of Eventbrite during the 3rd quarter worth $25,000. Pallas Capital Advisors LLC purchased a new stake in shares of Eventbrite in the fourth quarter worth about $37,000. Paloma Partners Management Co acquired a new stake in Eventbrite during the third quarter valued at $44,000. RPO LLC acquired a new stake in Eventbrite in the fourth quarter valued at approximately $55,000. Finally, Harbor Capital Advisors Inc. increased its stake in shares of Eventbrite by 54.8% during the third quarter. Harbor Capital Advisors Inc. now owns 23,477 shares of the company's stock worth $64,000 after purchasing an additional 8,307 shares in the last quarter. 91.64% of the stock is owned by hedge funds and other 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.