NYSE:EB - Eventbrite 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 26.7% and is now trading at $7.37. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eventbrite in the last year. There are currently 4 hold ratings and 1 buy rating 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, May 6th 2020. View our earnings forecast for Eventbrite.

Eventbrite Inc (NYSE:EB) announced its earnings results on Thursday, February, 27th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.21) by $0.05. The business earned $82.70 million during the quarter, compared to analyst estimates of $78.27 million. Eventbrite had a negative return on equity of 15.76% and a negative net margin of 21.08%. Eventbrite's revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.17) EPS. 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 earnings per share (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 equities research analysts have issued 12-month target prices for Eventbrite's stock. Their forecasts range from $10.00 to $19.00. On average, they expect Eventbrite's stock price to reach $15.75 in the next year. This suggests a possible upside of 113.7% from the stock's current price. View analysts' price targets for Eventbrite.

Media coverage about EB stock has trended very positive this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eventbrite earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutEventbrite.

Some companies that are related to Eventbrite include Livongo Health (LVGO), DouYu International (DOYU), SVMK (SVMK), Pluralsight (PS), Sabre (SABR), 21Vianet Group (VNET), Internet Initiative Japan (IIJIY), Cardlytics (CDLX), Health Catalyst (HCAT), Model N (MODN), HealthStream (HSTM), Qutoutiao (QTT), Phoenix Tree (LIZI), The Rubicon Project (RUBI) and TrueCar (TRUE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eventbrite investors own include Advanced Micro Devices (AMD), Editas Medicine (EDIT), IQIYI (IQ), NVIDIA (NVDA), Walt Disney (DIS), Stitch Fix (SFIX), Cloudera (CLDR), Pagerduty (PD), Twitter (TWTR) and Uber Technologies (UBER).

(EB) raised $200 million in an initial public offering (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 number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (4.58%), Nikko Asset Management Americas Inc. (4.58%), Baillie Gifford & Co. (3.69%), Cadian Capital Management LP (2.37%), ARK Investment Management LLC (2.21%) and ArrowMark Colorado Holdings LLC (1.44%). 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 Landscape Capital Management L.L.C., Barclays PLC, First Trust Advisors LP, Royce & Associates LP, Marathon Asset Management LLP, Point72 Asset Management L.P., Bank of Montreal Can, and Private Advisors LLC. Company insiders that have sold Eventbrite company stock in the last year include Andrew Dreskin, Omer Cohen, Patrick David Poels, and Samantha Harnett. View insider buying and selling activity for Eventbrite.

EB stock was bought by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Cadian Capital Management LP, Lord Abbett & CO. LLC, Oxford Asset Management LLP, ARK Investment Management LLC, Jennison Associates LLC, and Echo Street Capital Management 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 $7.37.

Eventbrite has a market capitalization of $636.33 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. View additional information about Eventbrite.

The official website for Eventbrite is http://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]