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

Eventbrite, Inc. (NYSE:EB) – Equities research analysts at BWS Financial dropped their Q1 2025 earnings per share (EPS) estimates for shares of Eventbrite in a research report issued on Monday, March 3rd. BWS Financial analyst H. Khorsand now expects that the company will earn ($0.09) per share for the quarter, down from their prior estimate 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 reaffirmed a “neutral” rating and set 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 issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.40.

Eventbrite Price Performance

EB opened at $2.39 on Thursday. Eventbrite has a 12-month low of $2.23 and a 12-month high of $6.02. The business’s fifty day simple moving average is $3.31 and its 200-day simple moving average is $3.26. The company has a market capitalization of $231.06 million, a price-to-earnings ratio of -26.50 and a beta of 2.24. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.34.

Institutional Investors Weigh In On Eventbrite

Institutional investors have recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new stake in Eventbrite in the third quarter worth about $25,000. Pallas Capital Advisors LLC acquired a new stake in Eventbrite in the fourth quarter worth about $37,000. Paloma Partners Management Co acquired a new stake in Eventbrite in the third quarter worth about $44,000. RPO LLC acquired a new stake in Eventbrite in the fourth quarter worth about $55,000. Finally, Harbor Capital Advisors Inc. boosted its holdings in Eventbrite by 54.8% in the third quarter. Harbor Capital Advisors Inc. now owns 23,477 shares of the company’s stock worth $64,000 after acquiring an additional 8,307 shares in the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.

Insider Activity at Eventbrite

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 value of $71,000.00. Following the completion of the sale, the chief operating officer now owns 617,487 shares of the company’s stock, valued at approximately $2,192,078.85. This trade represents a 3.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 21.46% of the stock is owned by corporate insiders.

About Eventbrite

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.