What is B. Riley's Forecast for Eventbrite Q2 Earnings?

Eventbrite, Inc. (NYSE:EB - Free Report) - Analysts at B. Riley reduced their Q2 2025 earnings per share (EPS) estimates for shares of Eventbrite in a report released on Sunday, May 11th. B. Riley analyst N. Khan now anticipates that the company will post earnings per share of ($0.05) for the quarter, down from their previous forecast of ($0.03). B. Riley currently has a "Neutral" rating and a $3.50 price objective 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 Q3 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.19) EPS, FY2027 earnings at ($0.09) EPS and FY2028 earnings at $0.00 EPS.

Separately, BWS Financial reaffirmed a "buy" rating and issued a $7.00 price objective on shares of Eventbrite in a research note on Monday, April 14th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, Eventbrite has a consensus rating of "Hold" and a consensus target price of $5.25.

Eventbrite Price Performance

Shares of NYSE EB traded down $0.08 during trading hours on Wednesday, reaching $2.28. 135,472 shares of the stock traded hands, compared to its average volume of 1,442,976. Eventbrite has a 52-week low of $1.81 and a 52-week high of $5.92. The company has a market capitalization of $215.28 million, a P/E ratio of -25.28 and a beta of 2.02. The company's 50-day simple moving average is $2.18 and its two-hundred day simple moving average is $2.97. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.34.

Eventbrite (NYSE:EB - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.01. Eventbrite had a negative return on equity of 4.44% and a negative net margin of 2.42%. The firm had revenue of $73.83 million for the quarter, compared to analysts' expectations of $72.88 million.

Institutional Investors Weigh In On Eventbrite

A number of large investors have recently made changes to their positions in the business. Pallas Capital Advisors LLC raised its holdings in Eventbrite by 52.2% in the 1st quarter. Pallas Capital Advisors LLC now owns 16,928 shares of the company's stock worth $36,000 after purchasing an additional 5,803 shares in the last quarter. CHICAGO TRUST Co NA bought a new stake in shares of Eventbrite during the first quarter valued at approximately $44,000. Great Lakes Advisors LLC bought a new stake in shares of Eventbrite during the first quarter valued at approximately $44,000. Federated Hermes Inc. bought a new stake in shares of Eventbrite during the first quarter valued at approximately $52,000. Finally, RPO LLC bought a new stake in shares of Eventbrite during the fourth quarter valued at approximately $55,000. 91.64% of the stock is currently owned by 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.