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EB Stock Price & Analysis

Eventbrite Inc
$
2.270
+2.270(+0%)6M

EB Stock Price Chart

5D
1M
3M
6M
YTD
1Y
5Y

EB Fundamental Analysis

0
buy
Moderate Buy
Buy
Hold
Sell
bubble
High
3.50
bubble
Averages
3.45
bubble
Low
3.40
Analyst
Rating
Action
Price Target
Date
Rating Reason
BWS Financial
Hamed Khorsand
Strong Buy
Maintains
$7
2025-03-03
B. Riley Securities
Naved Khan
Strong Buy
Hold
Downgrades
$5 → $3.5
2025-02-28
BWS Financial
Hamed Khorsand
Strong Buy
Maintains
$7
2024-11-13
BWS Financial
Hamed Khorsand
Strong Buy
Maintains
$7
2024-10-03
Piper Sandler
Matt Farrell
Buy
Hold
Downgrades
$9 → $4
2024-08-09

EB Earnings Analysis

Eventbrite, Inc. Class A Common Stock Corporation (EB.N) Q3 2024 Earnings Conference Call

Positive

  • Q3 Revenue Exceeds Outlook: In the third quarter, we delivered revenue of $77.8 million, exceeding our outlook range.

  • Strategic Actions Impact: Our strategic actions are driving clear results.

  • New Bookings Surge: We closed $4.5 million in new bookings this quarter with significant pipeline improvements across music, food and drink, and comedy shows.

  • Customer Ticket Recovery: We saw 0.75 million tickets come from customers that we've won back in the platform since early September, and we see significant opportunity ahead.

  • Enhanced Customer Support: We rolled out 24/7 phone support to premium customers, enhancing service and support capabilities.

Negative

  • Revenue Decline Analysis: Revenue decreased by 5% year-over-year, totaling $77.8 million compared to $81.8 million in the previous year.

  • Ticketing Revenue Decline: Ticketing revenue was down 11% year-over-year, contributing to the overall revenue decline.

  • Decline in Paid Creators: The total number of paid creators declined by 12% from a year ago, dropping to 163,000 in the third quarter.

  • Operating Expenses Analysis: Operating expenses increased to $62.2 million, compared to $67.2 million a year ago, indicating a rise in costs despite a decrease in revenue.

  • Net Loss Improvement: Net loss for the third quarter was $3.8 million, an improvement from a net loss of $9.9 million in the same period last year, but still reflecting ongoing financial challenges.

EB News

bubble
5.0
03-04Businesswire
Get Into It: Eventbrite's Reimagined App Makes Discovering Your Next Favorite Live Experience as Enjoyable as Being There
bubble
5.0
03-04Newsfilter
Get Into It: Eventbrite's Reimagined App Makes Discovering Your Next Favorite Live Experience as Enjoyable as Being There
bubble
4.0
03-03Benzinga
BWS Financial Maintains Buy on Eventbrite, Maintains $7 Price Target
bubble
4.0
03-03Business Insider
KeyBanc Reaffirms Their Hold Rating on Eventbrite (EB)
bubble
4.0
02-28Benzinga
B. Riley Securities Downgrades Eventbrite to Neutral, Lowers Price Target to $3.5

EB FAQs

What is surpport and resistant level for EB Stock?

The S1 support level for EB Stock is $2.16 ,The R1 resistant level for EB Stock is $2.62.

What is the current price of EB Stock?

What is the target price of EB Stock?

What is the market cap of Eventbrite Inc?

What is Eventbrite Inc (EB)'s business?

How many employees does EB have?

EB Key Stats

High
2.290
Vol
975.35K
Low
2.159
Amount
2.19M
Open
2.170
VWAP
2.25
Mkt Cap
214.81M

EB Company Profile

Eventbrite, Inc. is a global self-service ticketing and experience technology platform that serves event creators. Its Eventbrite Platform provides services that enables creators to plan and execute their live and online events, whether its an annual culinary festival attracting thousands of foodies, a professional webinar, a weekly yoga workshop or a youth dance class. It leverages technology to connect event creators and attendees through live experiences. Its platform consists of the Eventbrite Platform, its event creators and its technology. It offers pricing packages based on the features required, service level desired and budget who come to its platform. The Eventbrite platform enables creators of free and paid events. Creators of free events use Company’s ticketing features for free, and it charge creators of paid events on a per-ticket basis when an attendee purchases a ticket for an event.