Shareholder Rights Investigation: Monteverde & Associates is investigating the sale of Eventbrite to Bending Spoons, with shareholders expected to receive $4.50 per share in cash, a figure that may influence shareholder satisfaction with the deal.
Law Firm Reputation: The firm has been recognized as a Top 50 firm in the 2024 ISS Securities Class Action Services Report, highlighting its expertise and success in protecting shareholder rights.
Fairness of the Transaction: This investigation aims to assess whether the sale of Eventbrite is fair, which could impact shareholder confidence and participation in future transactions.
National Impact: Headquartered in the Empire State Building, Monteverde & Associates operates as a national class action securities firm, and its findings may set a precedent for similar transactions in the industry.
EB
$4.44+Infinity%1D
Analyst Views on EB
Wall Street analysts forecast EB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EB is 2.70 USD with a low forecast of 2.70 USD and a high forecast of 2.70 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast EB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EB is 2.70 USD with a low forecast of 2.70 USD and a high forecast of 2.70 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
3 Hold
0 Sell
Hold
Current: 4.430
Low
2.70
Averages
2.70
High
2.70
Current: 4.430
Low
2.70
Averages
2.70
High
2.70
Morgan Stanley
Cameron Mansson-Perrone
Equal Weight
downgrade
2025-08-10
Reason
Morgan Stanley
Cameron Mansson-Perrone
Price Target
2025-08-10
downgrade
Equal Weight
Reason
Morgan Stanley analyst Cameron Mansson-Perrone lowered the firm's price target on Eventbrite to $2.70 from $3.40 and keeps an Equal Weight rating on the shares. The firm says the company's revenue growth in Q2 declined 14% year-over-year, consistent with Q1 despite improving paid creator trends.
B. Riley
Naved Khan
Neutral
downgrade
$3
2025-05-12
Reason
B. Riley
Naved Khan
Price Target
$3
2025-05-12
downgrade
Neutral
Reason
BWS Financial
Hamed Khorsand
Strong Buy
Maintains
$7
2025-04-14
Reason
BWS Financial
Hamed Khorsand
Price Target
$7
2025-04-14
Maintains
Strong Buy
Reason
BWS Financial
Hamed Khorsand
Strong Buy
Maintains
$7
2025-03-03
Reason
BWS Financial
Hamed Khorsand
Price Target
$7
2025-03-03
Maintains
Strong Buy
Reason
About EB
Eventbrite, Inc. is a global events marketplace that serves event creators and event-goers in approximately 180 countries. The Company's two-sided marketplace connects creators and consumers every month to share their passions, artistry, and causes through live experiences. The Company leverages technology and the Eventbrite brand to engage audiences and connect them in ways that help maximize business opportunities for event creators and satisfy consumer demands. The Company's self-service ticketing and marketing tools enable creators to plan, promote, and sell tickets to their events. The Company's Website and mobile application allow event seekers to discover and purchase tickets to experiences they enjoy. Its subsidiaries include Eventbrite UK Limited, Eventbrite International, Inc., Eventbrite Operations (IE) Limited, Eventbrite Singapore Pte. Ltd., Eventioz Holdings, Inc., Eventbrite Hong Kong Limited and Eventbrite Technologies India Private Limited.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
