BWS Financial Comments on Eventbrite’s Q1 Earnings (NYSE:EB)

Eventbrite, Inc. (NYSE:EB) – Investment analysts at BWS Financial decreased their Q1 2025 earnings per share (EPS) estimates for Eventbrite in a report released on Monday, March 3rd. BWS Financial analyst H. Khorsand now anticipates that the company will post earnings per share of ($0.09) for the quarter, down from their prior forecast of ($0.04). BWS Financial currently has a “Buy” rating and a $7.00 target price on the stock. The consensus estimate for Eventbrite’s current full-year earnings is ($0.12) per share. BWS Financial also issued estimates for Eventbrite’s Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.05) EPS, Q4 2025 earnings at ($0.05) EPS and FY2025 earnings at ($0.26) EPS.

Separately, B. Riley reiterated a “neutral” rating and issued a $3.50 price objective (down previously from $5.00) on shares of Eventbrite in a research report on Friday, February 28th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $5.40.

Eventbrite Trading Down 1.4 %

Shares of EB stock opened at $2.46 on Thursday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.56 and a current ratio of 1.56. Eventbrite has a 52-week low of $2.23 and a 52-week high of $6.02. The company has a market capitalization of $237.84 million, a PE ratio of -27.28 and a beta of 2.24. The business’s fifty day moving average is $3.33 and its 200 day moving average is $3.26.

Institutional Investors Weigh In On Eventbrite

Large investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in Eventbrite during the third quarter valued at about $25,000. Pallas Capital Advisors LLC purchased a new stake in Eventbrite during the fourth quarter valued at about $37,000. Paloma Partners Management Co bought a new position in shares of Eventbrite during the third quarter valued at about $44,000. RPO LLC bought a new position in shares of Eventbrite during the fourth quarter valued at about $55,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Eventbrite during the fourth quarter valued at about $66,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Insider Buying and Selling

In other Eventbrite news, COO Charles Baker sold 20,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $3.55, for a total transaction of $71,000.00. Following the sale, the chief operating officer now owns 617,487 shares in the company, valued at $2,192,078.85. This trade represents a 3.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 21.46% of the stock is currently owned by company insiders.

Eventbrite Company Profile

Eventbrite, Inc operates a two-sided marketplace that provides self-service ticketing and marketing tools for 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, enhance reach, and drive ticket sales.