NYSE:EBEventbrite Stock Price, Forecast & News

Eventbrite's stock was trading at $10.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EB shares have decreased by 15.5% and is now trading at $8.50. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eventbrite in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Eventbrite.

Eventbrite is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Eventbrite.

Eventbrite Inc (NYSE:EB) announced its quarterly earnings results on Monday, May, 11th. The company reported ($1.71) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.29) by $1.42. The company had revenue of $49.10 million for the quarter, compared to analyst estimates of $71.78 million. Eventbrite had a negative net margin of 69.71% and a negative return on equity of 51.80%. Eventbrite's quarterly revenue was down 39.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.13) earnings per share. View Eventbrite's earnings history.

Eventbrite issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $84-88 million, compared to the consensus revenue estimate of $90.18 million.

5 analysts have issued 1-year price targets for Eventbrite's stock. Their forecasts range from $10.00 to $17.00. On average, they expect Eventbrite's share price to reach $12.25 in the next twelve months. This suggests a possible upside of 44.1% from the stock's current price. View analysts' price targets for Eventbrite.

News headlines about EB stock have been trending extremely negative this week, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Eventbrite earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutEventbrite.

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Based on aggregate information from My MarketBeat watchlists, some companies that other Eventbrite investors own include Editas Medicine (EDIT), Walt Disney (DIS), Advanced Micro Devices (AMD), Crispr Therapeutics (CRSP), NVIDIA (NVDA), Square (SQ), Verizon Communications (VZ), AbbVie (ABBV), Adobe (ADBE) and Alibaba Group (BABA).

(EB) raised $200 million in an IPO 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 served as the underwriters for the IPO and SunTrust Robinson Humphrey and Stifel were co-managers.

Eventbrite trades on the New York Stock Exchange (NYSE) under the ticker symbol "EB."

Eventbrite's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (3.68%), BlackRock Inc. (2.90%), ArrowMark Colorado Holdings LLC (1.63%), Echo Street Capital Management LLC (1.55%), Marathon Asset Management LLP (1.47%) and First Trust Advisors LP (0.94%). Company insiders that own Eventbrite stock include Andrew Dreskin, Growth Capital Fund I, LP, Omer Cohen, Patrick David Poels and Samantha Harnett. View institutional ownership trends for Eventbrite.

EB stock was sold by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, Principal Financial Group Inc., Private Advisors LLC, Squarepoint Ops LLC, BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, State Street Corp, and Meitav Dash Investments Ltd.. Company insiders that have sold Eventbrite company stock in the last year include Patrick David Poels, and Samantha Harnett. View insider buying and selling activity for Eventbrite.

EB stock was purchased by a variety of institutional investors in the last quarter, including Echo Street Capital Management LLC, Luminus Management LLC, Jane Street Group LLC, Marathon Asset Management LLP, JPMorgan Chase & Co., Two Sigma Advisers LP, Morgan Stanley, and CWM LLC. View insider buying and selling activity for Eventbrite.

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

One share of EB stock can currently be purchased for approximately $8.50.

Eventbrite has a market capitalization of $733.89 million and generates $326.80 million in revenue each year. The company earns $-68,760,000.00 in net income (profit) each year or ($0.84) on an earnings per share basis. Eventbrite employs 1,140 workers across the globe.

The official website for Eventbrite is www.eventbrite.com.

Eventbrite's mailing address is 155 5TH STREET 7TH FLOOR, SAN FRANCISCO CA, 94103. The company can be reached via phone at 415-692-7779 or via email at [email protected]