Added to YB: 2024-01-24
Pitch date: 2024-01-24
SEAT [bullish]
Vivid Seats Inc.
-93.7%
current return
Author Info
@PaulBieber is a former sell-side analyst that shares stock pitches on Twitter. Follow on Twitter
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
$117.40
Price Target
14.00 (+89%)
Dividend
N/A
EV/EBITDA
23.12
P/E
-0.22
EV/Sales
0.66
Sector
Entertainment
Category
growth
Small Cap Opportunities - Vivid Seats ($SEAT)
$SEAT at 7x 2025 EV/EBITDA due to SPAC taint & slow growth but hi-single digit '24 guide conservative given beat & raise track record Vegas.com synergies & experiences tailwind $200M '25 EBITDA at 12-15x = $11-$14 vs $6 now also $300M FCF for '24-25 enables M&A & buybacks
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