B. Riley Has Bearish Outlook for Eventbrite FY2026 Earnings

Eventbrite, Inc. (NYSE:EB) – Research analysts at B. Riley cut their FY2026 EPS estimates for shares of Eventbrite in a note issued to investors on Tuesday, February 25th. B. Riley analyst N. Khan now anticipates that the company will earn $0.12 per share for the year, down from their previous forecast of $0.62. B. Riley has a “Neutral” rating and a $3.50 price objective on the stock. The consensus estimate for Eventbrite’s current full-year earnings is ($0.12) per share. B. Riley also issued estimates for Eventbrite’s FY2027 earnings at $0.14 EPS and FY2028 earnings at $0.29 EPS.

Separately, BWS Financial reaffirmed a “buy” rating and set a $7.00 price target on shares of Eventbrite in a research report on Wednesday, November 13th. 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, Eventbrite presently has an average rating of “Hold” and an average price target of $5.40.

Eventbrite Stock Performance

Shares of NYSE:EB opened at $2.42 on Thursday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.34. The company has a market cap of $234.45 million, a price-to-earnings ratio of -26.89 and a beta of 2.26. Eventbrite has a 12 month low of $2.22 and a 12 month high of $6.01. The company has a 50-day moving average price of $3.40 and a 200-day moving average price of $3.28.

Insider Transactions at Eventbrite

In other Eventbrite news, COO Charles Baker sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $3.55, for a total transaction of $71,000.00. Following the transaction, the chief operating officer now owns 617,487 shares in the company, valued at approximately $2,192,078.85. This represents a 3.14 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 21.46% of the company’s stock.

Institutional Investors Weigh In On Eventbrite

Several hedge funds have recently made changes to their positions in EB. Jefferies Financial Group Inc. purchased a new position in Eventbrite during the fourth quarter valued at $132,000. Public Employees Retirement System of Ohio increased its stake in shares of Eventbrite by 12.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 64,012 shares of the company’s stock worth $215,000 after acquiring an additional 7,300 shares in the last quarter. Virtus Investment Advisers Inc. purchased a new position in Eventbrite during the 4th quarter valued at about $108,000. Two Sigma Advisers LP boosted its stake in Eventbrite by 58.6% during the fourth quarter. Two Sigma Advisers LP now owns 1,312,100 shares of the company’s stock worth $4,409,000 after acquiring an additional 484,800 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in Eventbrite by 151.7% in the fourth quarter. Two Sigma Investments LP now owns 1,228,930 shares of the company’s stock worth $4,129,000 after purchasing an additional 740,717 shares during the period. 91.64% of the stock is currently owned by institutional investors.

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.