NYSE:EB

Eventbrite - EB Stock Forecast, Price & News

$8.17

-0.01 (-0.12%)

(As of 08/5/2022 12:00 AM ET)

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Today's Range: $7.92
▼
$8.25
50-Day Range: $8.15
▼
$12.69
52-Week Range: $7.92
▼
$22.52

Volume: 1.67 million shs
Average Volume: 1.41 million shs
Market Capitalization: $803.27 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.50

Eventbrite MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 102.0% Upside
$16.50 Price Target
Short Interest: Healthy
11.46% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.64
Upright™ Environmental Score
News Sentiment: 0.27
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.65) to ($0.41) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Computer And Technology Sector

328th out of 832 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

35th out of 85 stocks

3.2

Analyst's Opinion

Consensus Rating
Eventbrite has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.50, Eventbrite has a forecasted upside of 102.0% from its current price of $8.17.
Amount of Analyst Coverage
Eventbrite has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
11.46% of the outstanding shares of Eventbrite have been sold short.
Short Interest Ratio / Days to Cover
Eventbrite has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Eventbrite has recently decreased by 5.29%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Eventbrite does not currently pay a dividend.
Dividend Growth
Eventbrite does not have a long track record of dividend growth.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Eventbrite has received a 50.86% net impact score from Upright. Eventbrite seems to create the most significant positive value in categories "Jobs", "Taxes", and "Relationships". The positive contribution in the "Relationships" impact category is driven by its "Event management platforms" product. See details.
Environmental Sustainability
The Environmental Impact score for Eventbrite is -0.64.

2.9

News and Social Media Coverage

News Sentiment
Eventbrite has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Eventbrite this week, compared to 2 articles on an average week.
Search Interest
3 people have searched for EB on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
2 people have added Eventbrite to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eventbrite insiders have not sold or bought any company stock.
Percentage Held by Insiders
18.56% of the stock of Eventbrite is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
89.35% of the stock of Eventbrite is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Eventbrite are expected to grow in the coming year, from ($0.65) to ($0.41) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eventbrite is -10.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eventbrite is -10.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Eventbrite has a P/B Ratio of 5.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Eventbrite (NYSE:EB) Stock

Eventbrite, Inc. operates a self-service ticketing and experience technology platform that serves 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, increase reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc. in 2009. Eventbrite, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

Analyst Ratings Changes

EB has been the subject of several analyst reports. KeyCorp initiated coverage on shares of Eventbrite in a report on Wednesday, July 13th. They set a "sector weight" rating for the company. Morgan Stanley lowered their price target on shares of Eventbrite from $17.00 to $16.00 and set an "equal weight" rating for the company in a report on Friday, June 3rd. Truist Financial lowered their price target on shares of Eventbrite to $23.00 in a report on Friday, June 3rd. Piper Sandler began coverage on shares of Eventbrite in a report on Thursday, July 14th. They set an "overweight" rating and a $13.00 price target for the company. Finally, Stifel Nicolaus lowered their target price on shares of Eventbrite from $15.00 to $14.00 in a report on Tuesday, June 28th.

Eventbrite Stock Down 0.1 %

Shares of Eventbrite stock traded down $0.01 during trading hours on Friday, hitting $8.17. The company had a trading volume of 1,671,980 shares, compared to its average volume of 1,414,947. The company's 50-day moving average is $10.73 and its two-hundred day moving average is $12.50. Eventbrite has a twelve month low of $7.92 and a twelve month high of $22.52. The company has a debt-to-equity ratio of 2.23, a current ratio of 1.77 and a quick ratio of 1.77. The company has a market cap of $803.27 million, a P/E ratio of -10.89 and a beta of 2.55.

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EB Stock News Headlines

August 2, 2022 | finance.yahoo.com

Eventbrite Welcomes Sapna Nair as Managing Director and VP of Engineering in India

August 1, 2022 | americanbankingnews.com

Analyzing Bitfarms (NASDAQ:BITF) and Eventbrite (NYSE:EB)

August 7, 2022 | Legacy Research (Affiliate) (Ad)

“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist)

Has President Biden’s new executive order… Alongside MIT, 77 global Governments, The Gates Foundation, UNICEF, and The Clinton Development Initiative… Ignited a historic $40 trillion transfer of wealth from the middle class, to the rich?

July 29, 2022 | investing.com

Eventbrite Misses Q2 EPS by 7c By Investing.com - Investing.com

July 28, 2022 | businesswire.com

Eventbrite Reports Second Quarter 2022 Financial Results - Business Wire

July 28, 2022 | finance.yahoo.com

Eventbrite Reports Second Quarter 2022 Financial Results

July 27, 2022 | globenewswire.com

The Leaders AMPED for Change Experience Showcases Authenticity, Musical Celebrities, Philanthropists, Entrepreneurial Icons, and Veterans of Distinction - GlobeNewswire

July 27, 2022 | seekingalpha.com

Eventbrite Q2 2022 Earnings Preview (NYSE:EB) - Seeking Alpha

August 7, 2022 | Legacy Research (Affiliate) (Ad)

“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist)

July 27, 2022 | benzinga.com

Eventbrite's Earnings Outlook - Benzinga - Benzinga

July 26, 2022 | nasdaq.com

Uber Technologies (UBER) Expected to Beat Earnings Estimates: Can the Stock Move Higher? - Nasdaq

July 26, 2022 | americanbankingnews.com

Eventbrite (EB) Set to Announce Earnings on Thursday

July 24, 2022 | americanbankingnews.com

Analyzing Eventbrite (NYSE:EB) and Applied Blockchain (OTCMKTS:APLD)

July 23, 2022 | latimes.com

Fountain Valley's June Summerfest was among best in its history, city reports - Los Angeles Times

July 21, 2022 | businesswire.com

Eventbrite Welcomes John Adcock as Chief People Officer - Business Wire

July 20, 2022 | finance.yahoo.com

Eventbrite Welcomes John Adcock as Chief People Officer

July 17, 2022 | americanbankingnews.com

Eventbrite (NYSE:EB) Coverage Initiated at KeyCorp

July 16, 2022 | americanbankingnews.com

Eventbrite, Inc. Expected to Earn Q2 2022 Earnings of ($0.15) Per Share (NYSE:EB)

July 16, 2022 | americanbankingnews.com

PubMatic (NASDAQ:PUBM) and Eventbrite (NYSE:EB) Financial Survey

July 15, 2022 | streetinsider.com

Eventbrite (EB) Initiated with a Buy at Piper Sandler - Boost a 'Game Changer' - StreetInsider.com

July 15, 2022 | americanbankingnews.com

Eventbrite (NYSE:EB) Coverage Initiated by Analysts at Piper Sandler

July 13, 2022 | seekingalpha.com

Eventbrite initiated with a Sector Weight at KeyBanc - Seeking Alpha

July 12, 2022 | finance.yahoo.com

Eventbrite Announces Date of Second Quarter 2022 Financial Results

July 10, 2022 | msn.com

Eventbrite CEO talks consumer trends in Sun Valley

July 7, 2022 | bloomberg.com

Kevin Hartz on the Future of Tech Investing - Bloomberg

June 22, 2022 | seekingalpha.com

Eventbrite: Growth Intact But Valuation Raises Downside Risk (NYSE:EB) - Seeking Alpha

June 17, 2022 | businesswire.com

Eventbrite Appoints April Underwood to Board of Directors - Business Wire

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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EB Company Calendar

Last Earnings: 10/28/2021
Today: 8/07/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:EB
CUSIP: N/A
CIK: 1475115
Web: www.eventbrite.com
Phone: (415) 692-7779
Fax: N/A
Employees: 707
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $16.50
High Stock Price Forecast: $23.00
Low Stock Price Forecast: $13.00
Forecasted Upside/Downside: +102.0%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.75)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-139,080,000.00
Net Margins: -30.61%
Pretax Margin: -30.24%
Return on Equity: -43.35%
Return on Assets: -7.68%

Debt

Debt-to-Equity Ratio: 2.23
Current Ratio: 1.77
Quick Ratio: 1.77

Sales & Book Value

Annual Sales: $187.13 million
Price / Sales: 4.29
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.62 per share
Price / Book: 5.04

Miscellaneous

Outstanding Shares: 98,320,000
Free Float: 80,072,000
Market Cap: $803.27 million
Optionable: Optionable
Beta: 2.55

Key Executives

Mr. Kevin Earnest Hartz (Age 52)
Co-Founder & Exec. Chairman
Ms. Julia D. Hartz (Age 42)
Co-Founder, CEO & Director
Comp: $722
Mr. Charles C. Baker (Age 55)
Chief Financial Officer
Comp: $750.72k
Mr. Vivek Sagi (Age 46)
Chief Technology Officer
Comp: $755.1k
Mr. Renaud Visage
Co-Founder
Ms. Xiaojing Fan (Age 46)
Chief Accounting Officer
Katherine Chen
Head of Investor Relations
Ms. Julia Taylor
Gen. Counsel
Ms. Gina Stikes
Chief Communications Officer
Ms. Tamara Mendelsohn
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EB Stock - Frequently Asked Questions

Should I buy or sell Eventbrite stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eventbrite in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Eventbrite stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EB, but not buy additional shares or sell existing shares.
View analyst ratings for Eventbrite or view top-rated stocks.
What is Eventbrite's stock price forecast for 2022?: 3 Wall Street research analysts have issued 1-year price targets for Eventbrite's stock. Their EB stock forecasts range from $13.00 to $23.00. On average, they predict Eventbrite's stock price to reach $16.50 in the next twelve months. This suggests a possible upside of 102.0% from the stock's current price.
View analysts' price targets for Eventbrite or view top-rated stocks among Wall Street analysts.
How has Eventbrite's stock price performed in 2022?: Eventbrite's stock was trading at $17.44 at the beginning of the year. Since then, EB stock has decreased by 53.2% and is now trading at $8.17.
View the best growth stocks for 2022 here.
When is Eventbrite's next earnings date?: Eventbrite is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for Eventbrite.
How were Eventbrite's earnings last quarter?: Eventbrite, Inc. (NYSE:EB) issued its quarterly earnings data on Thursday, October, 28th. The company reported ($0.18) EPS for the quarter, beating analysts' consensus estimates of ($0.19) by $0.01. The business had revenue of $53.37 million for the quarter, compared to analysts' expectations of $53.88 million. Eventbrite had a negative trailing twelve-month return on equity of 43.35% and a negative net margin of 30.61%. During the same period in the previous year, the firm posted ($0.21) EPS.
What guidance has Eventbrite issued on next quarter's earnings?: Eventbrite updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $65.00 million-$68.00 million, compared to the consensus revenue estimate of $73.35 million.
What is Julia Hartz's approval rating as Eventbrite's CEO?: 204 employees have rated Eventbrite CEO Julia Hartz on Glassdoor.com. Julia Hartz has an approval rating of 71% among Eventbrite's employees.

What other stocks do shareholders of Eventbrite own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Eventbrite investors own include Walt Disney (DIS), Tesla (TSLA), CVS Health (CVS), Block (SQ), Editas Medicine (EDIT), Netflix (NFLX), Verizon Communications (VZ), QUALCOMM (QCOM), AbbVie (ABBV) and Alibaba Group (BABA).
When did Eventbrite IPO?: (EB) raised $200 million in an initial public offering 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 acted as the underwriters for the IPO and SunTrust Robinson Humphrey and Stifel were co-managers.
What is Eventbrite's stock symbol?: Eventbrite trades on the New York Stock Exchange (NYSE) under the ticker symbol "EB."
Who are Eventbrite's major shareholders?: Eventbrite's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Marathon Asset Management Ltd (3.04%), Allspring Global Investments Holdings LLC (1.01%), Thornburg Investment Management Inc. (0.58%), CWM LLC (0.44%), EFG Asset Management North America Corp. (0.13%) and Envestnet Asset Management Inc. (0.08%). Company insiders that own Eventbrite stock include Charles Baker, Patrick David Poels, Samantha Harnett and Vivek Sagi.
View institutional ownership trends for Eventbrite.
How do I buy shares of Eventbrite?: Shares of EB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Eventbrite's stock price today?: One share of EB stock can currently be purchased for approximately $8.17.
How much money does Eventbrite make?: Eventbrite (NYSE:EB) has a market capitalization of $803.27 million and generates $187.13 million in revenue each year. The company earns $-139,080,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis.
How many employees does Eventbrite have?: Eventbrite employs 707 workers across the globe.
How can I contact Eventbrite?: Eventbrite's mailing address is 155 5TH STREET 7TH FLOOR, SAN FRANCISCO CA, 94103. The official website for Eventbrite is www.eventbrite.com. The company can be reached via phone at (415) 692-7779 or via email at investors@eventbrite.com.

This page (NYSE:EB) was last updated on 8/7/2022 by MarketBeat.com Staff

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Eventbrite - EB Stock Forecast, Price & News

Eventbrite MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Eventbrite (NYSE:EB) Stock

Analyst Ratings Changes

Eventbrite Stock Down 0.1 %

EB Stock News Headlines

EB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

EB Stock - Frequently Asked Questions

Should I buy or sell Eventbrite stock right now?

What is Eventbrite's stock price forecast for 2022?

How has Eventbrite's stock price performed in 2022?

When is Eventbrite's next earnings date?

How were Eventbrite's earnings last quarter?

What guidance has Eventbrite issued on next quarter's earnings?

What is Julia Hartz's approval rating as Eventbrite's CEO?

What other stocks do shareholders of Eventbrite own?

When did Eventbrite IPO?

What is Eventbrite's stock symbol?

Who are Eventbrite's major shareholders?

How do I buy shares of Eventbrite?

What is Eventbrite's stock price today?

How much money does Eventbrite make?

How many employees does Eventbrite have?

How can I contact Eventbrite?

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