What is B. Riley's Forecast for Eventbrite FY2026 Earnings?

Eventbrite, Inc. (NYSE:EB - Free Report) - Investment analysts at B. Riley lowered their FY2026 earnings estimates for shares of Eventbrite in a research note issued on Sunday, May 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 $0.02. B. Riley currently has a "Neutral" rating and a $3.50 target price 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 FY2029 earnings at $0.13 EPS.

Separately, BWS Financial restated a "buy" rating and set a $7.00 price target on shares of Eventbrite in a research note on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $5.25.

Eventbrite Stock Performance

Eventbrite stock traded up $0.02 during mid-day trading on Tuesday, reaching $2.34. 724,281 shares of the company traded hands, compared to its average volume of 1,448,115. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.56 and a quick ratio of 1.56. Eventbrite has a fifty-two week low of $1.81 and a fifty-two week high of $5.92. The company has a market capitalization of $221.43 million, a price-to-earnings ratio of -26.00 and a beta of 2.02. The firm's fifty day moving average is $2.18 and its two-hundred day moving average is $2.97.

Eventbrite (NYSE:EB - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.01. Eventbrite had a negative net margin of 2.42% and a negative return on equity of 4.44%. The firm had revenue of $73.83 million during the quarter, compared to analyst estimates of $72.88 million.

Institutional Trading of Eventbrite

Hedge funds and other institutional investors have recently made changes to their positions in the business. US Bancorp DE increased its stake in shares of Eventbrite by 53.9% in the fourth quarter. US Bancorp DE now owns 40,011 shares of the company's stock worth $134,000 after acquiring an additional 14,007 shares during the period. Alliancebernstein L.P. increased its stake in shares of Eventbrite by 550.0% in the fourth quarter. Alliancebernstein L.P. now owns 503,750 shares of the company's stock worth $1,693,000 after acquiring an additional 426,250 shares during the period. Savant Capital LLC boosted its holdings in Eventbrite by 76.6% during the fourth quarter. Savant Capital LLC now owns 37,590 shares of the company's stock worth $126,000 after buying an additional 16,310 shares in the last quarter. Barclays PLC boosted its holdings in Eventbrite by 151.8% during the third quarter. Barclays PLC now owns 169,642 shares of the company's stock worth $462,000 after buying an additional 102,283 shares in the last quarter. Finally, Intech Investment Management LLC boosted 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 buying an additional 6,842 shares in the last quarter. Institutional investors and hedge funds own 91.64% of the company's stock.

About Eventbrite

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.