Eventbrite, Inc. (NYSE:EB – Free Report) – Analysts at B. Riley dropped their FY2026 EPS estimates for Eventbrite in a report issued on Tuesday, February 25th. B. Riley analyst N. Khan now forecasts that the company will post earnings per share of $0.12 for the year, down from their prior 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 reissued a “buy” rating and issued a $7.00 price target on shares of Eventbrite in a research report on Wednesday, November 13th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $6.58.
Eventbrite Stock Performance
Shares of NYSE:EB opened at $3.10 on Thursday. The firm has a 50 day moving average of $3.40 and a 200 day moving average of $3.28. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.34. The company has a market capitalization of $299.85 million, a price-to-earnings ratio of -34.39 and a beta of 2.27. Eventbrite has a 52 week low of $2.51 and a 52 week high of $6.17.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in EB. Quantbot Technologies LP purchased a new position in Eventbrite during the 3rd quarter worth approximately $25,000. Pallas Capital Advisors LLC purchased a new position in shares of Eventbrite during the fourth quarter worth $37,000. Paloma Partners Management Co purchased a new position in shares of Eventbrite during the third quarter worth $44,000. RPO LLC acquired a new position in Eventbrite during the fourth quarter valued at $55,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Eventbrite in the fourth quarter valued at $66,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.
Insider Transactions at Eventbrite
In other Eventbrite news, COO Charles Baker sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were 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 of the company’s stock, valued at approximately $2,192,078.85. The trade was a 3.14 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 21.46% of the company’s stock.
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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