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.