Added to YB: 2024-03-20
Pitch date: 2024-03-18
EB [bullish]
Eventbrite, Inc.
-21.87%
current return
Author Info
Lake Thoreau Investment Research is a former tech CFO who provides high-quality and actionable investment ideas. Sign up for the newsletter.
Company Info
Eventbrite, Inc. operates a two-sided marketplace that provides self-service ticketing and marketing tools for event creators in the United States and internationally.
Market Cap
$262.7M
Pitch Price
$5.67
Price Target
8.50 (+92%)
Dividend
N/A
EV/EBITDA
-2.99
P/E
-23.41
EV/Sales
0.12
Sector
Entertainment
Category
growth
Eventbrite (EB): Where Live Events Meets Marketplace Magic
EB: Eventbrite shifting to marketplace model, unlocking 8x monetization potential vs ticketing. Q4 challenges temporary as creators adopt marketing tools. Positives: 47% tickets Eventbrite-driven, 75% view EB as demand partner, 5-6x ROA. $100M buyback + founder-led team. Upside catalysts in Q2/Q3. $8.50 PT for 50%+ return.
Read full article (9 min)