Eventbrite Inc [EB] stock Downgrade by B. Riley Securities analyst, price target now $3.50

Edison Baldwin

Eventbrite Inc [NYSE: EB] stock went on an upward path that rose over 78.63% on Tuesday, amounting to a one-week price increase of more than 80.82%.

Over the last 12 months, EB stock rose by 31.85%. The one-year Eventbrite Inc stock forecast points to a potential downside of -47.67. The average equity rating for EB stock is currently 3.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $432.69 million, with 80.60 million shares outstanding and 75.09 million shares in the current float. Compared to the average trading volume of 556.94K shares, EB stock reached a trading volume of 29424560 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Eventbrite Inc [EB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EB shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EB stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

B. Riley Securities have made an estimate for Eventbrite Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 28, 2025. The new note on the price target was released on August 09, 2024, representing the official price target for Eventbrite Inc stock. Previously, the target price had yet another drop from $9 to $4, while Piper Sandler kept a Neutral rating on EB stock.

The Price to Book ratio for the last quarter was 2.41, with the Price to Cash per share for the same quarter was set at 5.77. Price to Free Cash Flow for EB in the course of the last twelve months was 11.41 with Quick ratio for the last quarter at 1.51.

EB Stock Performance Analysis:

Eventbrite Inc [EB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 80.82. With this latest performance, EB shares gained by 91.77% in over the last four-week period, additionally plugging by 81.56% over the last 6 months – not to mention a rise of 31.85% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EB stock in for the last two-week period is set at 84.76, with the RSI for the last a single of trading hit 0.32, and the three-weeks RSI is set at 0.21 for Eventbrite Inc [EB]. The present Moving Average for the last 50 days of trading for this stock 2.52, while it was recorded at 2.86 for the last single week of trading, and 2.48 for the last 200 days.

Insight into Eventbrite Inc Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Eventbrite Inc [EB] shares currently have an operating margin of -14.06% and a Gross Margin at 64.75%. Eventbrite Inc’s Net Margin is presently recorded at -6.93%.

Eventbrite Inc (EB) Capital Structure & Debt Analysis

According to recent financial data for Eventbrite Inc. ( EB), the Return on Equity (ROE) stands at -11.81%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -2.49%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Eventbrite Inc’s Return on Invested Capital (ROIC) is -5.37%, showcasing its effectiveness in deploying capital for earnings.

Eventbrite Inc (EB) Efficiency & Liquidity Metrics

Based on Eventbrite Inc’s (EB) latest financial statements, the Debt-to-Equity Ratio is 1.37%, indicating its reliance on debt financing relative to shareholder equity.

Eventbrite Inc (EB) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Eventbrite Inc. (EB) effectively leverages its workforce, generating an average of -$27887.7 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.51% and a Quick Ratio of 1.51%, indicating strong ability to cover short-term liabilities.

EB Stock EPS

With the latest financial reports released by the company, Eventbrite Inc posted -0.09/share EPS, while the average EPS was predicted by analysts to be reported at -0.05/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EB.

Eventbrite Inc [EB] Institutonal Ownership Details

There are presently around $75.35%, or 80.26%% of EB stock, in the hands of institutional investors. The top three institutional holders of EB stocks are: BLACKROCK INC. with ownership of 6.75 million shares, which is approximately 7.019%. EDMOND DE ROTHSCHILD HOLDING S.A., holding 6.42 million shares of the stock with an approximate value of $$31.06 million in EB stocks shares; and EDMOND DE ROTHSCHILD HOLDING S.A., currently with $$30.88 million in EB stock with ownership which is approximately 6.6359%.

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