Eventbrite (EB) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc. in 2009. Eventbrite, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

Key Stats

• Today's Range: $3.27 to $3.46
• 50-Day Range: $2.67 to $3.95
• 52-Week Range: $2.51 to $9.20
• Volume: 2.38 million shs
• Average Volume: 1.74 million shs
• Market Capitalization: $322.61 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.58
• Consensus Rating: Hold

Eventbrite Stock Analysis - MarketRank™

Eventbrite scored higher than 92% of companies evaluated by MarketBeat, and ranked 88th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Eventbrite has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Eventbrite has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Eventbrite are expected to grow in the coming year, from ($0.12) to ($0.01) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Eventbrite is -37.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eventbrite is -37.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Eventbrite has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.61% of the outstanding shares of Eventbrite have been sold short.

Short Interest Ratio / Days to Cover

Eventbrite has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Eventbrite has recently decreased by 5.50%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Eventbrite does not currently pay a dividend.

Dividend Growth

Eventbrite does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.8 / 5
• Environmental Score: -0.64

Percentage of Shares Shorted

4.61% of the outstanding shares of Eventbrite have been sold short.

Short Interest Ratio / Days to Cover

Eventbrite has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Eventbrite has recently decreased by 5.50%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.66

News Sentiment

Eventbrite has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Eventbrite this week, compared to 3 articles on an average week.

Search Interest

4 people have searched for EB on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

4 people have added Eventbrite to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Eventbrite insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $71,000.00 in company stock.

Percentage Held by Insiders

21.46% of the stock of Eventbrite is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

91.64% of the stock of Eventbrite is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EB Stock Analysis - Frequently Asked Questions

How have EB shares performed this year?

Eventbrite's stock was trading at $8.36 on January 1st, 2024. Since then, EB shares have decreased by 60.2% and is now trading at $3.33.
View the best growth stocks for 2024 here.

How were Eventbrite's earnings last quarter?

Eventbrite, Inc. (NYSE:EB) issued its quarterly earnings data on Thursday, August, 8th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.07. The company had revenue of $84.55 million for the quarter, compared to analysts' expectations of $86.15 million. Eventbrite had a negative net margin of 2.42% and a negative trailing twelve-month return on equity of 4.44%.

Does Eventbrite have any subsidiaries?

Eventbrite subsidiaries include ToneDen, Picatic, Ticketea, Ticketfly, nvite, Ticketscript, Queue, and more.

When did Eventbrite IPO?

Eventbrite (EB) raised $200 million in an initial public offering on Thursday, September 20th 2018. The company issued 10,000,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan, Allen & Company and RBC Capital Markets acted as the underwriters for the IPO and SunTrust Robinson Humphrey and Stifel were co-managers.

Who are Eventbrite's major shareholders?

Eventbrite's top institutional shareholders include Jacobs Levy Equity Management Inc. (2.29%), Rice Hall James & Associates LLC (2.24%), Geode Capital Management LLC (1.84%) and State Street Corp (1.83%). Insiders that own company stock include Charles Baker, Vivek Sagi and Julia D Taylor.
View institutional ownership trends.

How do I buy shares of Eventbrite?

Shares of EB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Eventbrite own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eventbrite investors own include Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), Alphabet (GOOG) and Home Depot (HD).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NYSE:EB
• CUSIP: N/A
• CIK: 1475115
• Web: www.eventbrite.com
• Phone: (415) 692-7779
• Fax: N/A
• Employees: 880
• Year Founded: 2006

Price Target and Rating

• Average Stock Price Target: $6.58
• High Stock Price Target: $11.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +97.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-26,480,000.00
• Net Margins: -2.42%
• Pretax Margin: -1.99%
• Return on Equity: -4.44%
• Return on Assets: -0.91%

Debt

• Debt-to-Equity Ratio: 1.34
• Current Ratio: 1.56
• Quick Ratio: 1.56

Sales & Book Value

• Annual Sales: $336.37 million
• Price / Sales: 0.96
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.89 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 96,881,000
• Free Float: 76,090,000
• Market Cap: $322.61 million
• Optionable: Optionable
• Beta: 2.27