FY2026 Earnings Forecast for Eventbrite Issued By B. Riley

Key Points

• B. Riley has revised its FY2026 earnings per share (EPS) forecast for Eventbrite to ($0.01), down from an earlier estimate of $0.01, against a consensus estimate of ($0.12) for the full year.
• Eventbrite reported quarterly earnings of ($0.02) EPS, which surpassed analysts' expectations of ($0.08), with revenues reaching $72.76 million.
• Institutional investors currently own approximately 91.64% of Eventbrite's stock, with Pallas Capital Advisors LLC increasing its holdings by 52.2% in the last quarter.

Eventbrite, Inc. (NYSE:EB - Free Report) - Research analysts at B. Riley reduced their FY2026 earnings per share (EPS) estimates for Eventbrite in a report released on Monday, August 11th. B. Riley analyst N. Khan now forecasts that the company will earn ($0.01) per share for the year, down from their previous estimate of $0.01. The consensus estimate for Eventbrite's current full-year earnings is ($0.12) per share. B. Riley also issued estimates for Eventbrite's FY2029 earnings at $0.14 EPS.

Several other analysts have also issued reports on EB. Morgan Stanley set a $2.70 price objective on Eventbrite in a research note on Sunday. BWS Financial reiterated a "buy" rating and set a $7.00 target price on shares of Eventbrite in a research note on Monday, April 14th.

Eventbrite Price Performance

NYSE:EB opened at $2.54 on Tuesday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.19. The stock's 50 day moving average price is $2.52 and its two-hundred day moving average price is $2.52. The firm has a market capitalization of $239.89 million, a price-to-earnings ratio of -11.52 and a beta of 2.09. Eventbrite has a 12-month low of $1.80 and a 12-month high of $4.12.

Eventbrite (NYSE:EB - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.06. The firm had revenue of $72.76 million for the quarter, compared to analyst estimates of $71.67 million. Eventbrite had a negative return on equity of 11.91% and a negative net margin of 6.93%.

Institutional Investors Weigh In On Eventbrite

Large investors have recently added to or reduced their stakes in the stock. Pallas Capital Advisors LLC boosted its holdings in shares of Eventbrite by 52.2% in the 1st quarter. Pallas Capital Advisors LLC now owns 16,928 shares of the company's stock valued at $36,000 after purchasing an additional 5,803 shares in the last quarter. CHICAGO TRUST Co NA acquired a new stake in shares of Eventbrite in the 1st quarter valued at $44,000. Great Lakes Advisors LLC acquired a new stake in shares of Eventbrite in the 1st quarter valued at $44,000. R Squared Ltd acquired a new stake in shares of Eventbrite in the 2nd quarter valued at $50,000. Finally, Federated Hermes Inc. acquired a new stake in shares of Eventbrite in the 1st quarter valued at $52,000. Institutional investors and hedge funds own 91.64% 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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