Professional
Added to YB: 2024-10-17
Pitch date: 2024-09-30
SEAT [bullish]
Vivid Seats Inc.
-90%
current return
Author Info
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Company Info
Vivid Seats Inc. operates an online ticket marketplace in the United States, Canada, and Japan. It operates in two segments, Marketplace and Resale.
Market Cap
$103.8M
Pitch Price
$74.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.12
P/E
-0.22
EV/Sales
0.66
Sector
Entertainment
Category
N/A
Show full summary:
ClearBridge Small Cap Strategy Portfolio Holding: Vivid Seats Inc.
SEAT: Online ticket marketplace facing pressure from reduced 2024 guidance due to competitor pricing. Management prioritizes profits over volume. Q2 earnings beat expectations. Strong balance sheet positions company to outlast peers' short-term strategies. Conviction in long-term outlook despite near-term challenges.
Read full article (1 min)