Professional
Added to YB: 2024-07-11
Pitch date: 2024-07-10
EB [neutral]
Eventbrite, Inc.
-4.94%
current return
Author Info
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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
$4.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.99
P/E
-23.41
EV/Sales
0.12
Sector
Entertainment
Category
N/A
Pernas Research Passes On: Eventbrite, Inc.
EB: Online event platform facing challenges w/ fewer events & creators. Improved adj EBITDA from cost cuts & fee hikes, but unclear if decline due to macro or pricing. Mgmt unresponsive to shareholders. $437M mkt cap at $4.5/share. PASS on investment due to uncertainties & poor mgmt engagement.
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