Eventbrite's (EB) Buy Rating Reiterated at BWS Financial

BWS Financial restated their buy rating on shares of Eventbrite (NYSE:EB - Free Report) in a research report report published on Monday,Benzinga reports. The brokerage currently has a $7.00 target price on the stock. BWS Financial also issued estimates for Eventbrite's Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at ($0.04) EPS and FY2025 earnings at ($0.22) EPS.

Separately, B. Riley reaffirmed a "neutral" rating and issued a $3.50 target price (down previously from $5.00) on shares of Eventbrite in a report on Friday, February 28th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $5.40.

Eventbrite Stock Up 3.5 %

Shares of NYSE EB traded up $0.08 during mid-day trading on Monday, hitting $2.24. The company had a trading volume of 581,217 shares, compared to its average volume of 1,513,153. The business's 50-day simple moving average is $2.47 and its 200 day simple moving average is $3.06. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $211.50 million, a PE ratio of -24.83 and a beta of 2.05. Eventbrite has a 1-year low of $1.81 and a 1-year high of $5.92.

Hedge Funds Weigh In On Eventbrite

Institutional investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD raised its stake in shares of Eventbrite by 9.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 62,076 shares of the company's stock worth $209,000 after purchasing an additional 5,114 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Eventbrite by 2.4% in the fourth quarter. Bank of New York Mellon Corp now owns 227,548 shares of the company's stock valued at $765,000 after acquiring an additional 5,359 shares in the last quarter. Pallas Capital Advisors LLC increased its stake in shares of Eventbrite by 52.2% during the first quarter. Pallas Capital Advisors LLC now owns 16,928 shares of the company's stock worth $36,000 after acquiring an additional 5,803 shares during the period. Intech Investment Management LLC raised its holdings in Eventbrite by 26.6% during the fourth quarter. Intech Investment Management LLC now owns 32,601 shares of the company's stock worth $110,000 after purchasing an additional 6,842 shares in the last quarter. Finally, ProShare Advisors LLC lifted its position in Eventbrite by 47.2% in the fourth quarter. ProShare Advisors LLC now owns 22,392 shares of the company's stock valued at $75,000 after purchasing an additional 7,182 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.