William Blair analyst Ralph Schackart has maintained their bullish stance on SEAT stock, giving a Buy rating on March 10.
Ralph Schackart has given his Buy rating due to a combination of factors that highlight Vivid Seats’ strategic positioning and growth potential. The company is focusing on product differentiation through innovations like Game Center and Skybox, which enhance its appeal to sellers. Additionally, the increase in repeat buyers, who are purchasing more frequently than non-repeat buyers, indicates a strong customer retention strategy.
Vivid Seats is also poised for international expansion in 2025, having completed its platform development and beginning its European market entry. The partnership with United Airlines is expected to broaden its customer base by allowing MileagePlus members to earn miles through purchases. Despite facing strong competition, Vivid Seats is investing in technology and marketing to maintain its market share and anticipates a return to growth in the latter half of 2025, supported by a robust concert lineup and expected cash flow growth.