BMO Capital lowered the firm’s price target on StubHub (STUB) to $22 from $30 but keeps an Outperform rating on the shares. The company’s Q3 results topped estimates but the management anticipates softer Q4 revenue due to shifts in catalog sales and tougher comps, the analyst tells investors in a research note. BMO adds that it sees 2026 as a breakout year for StubHub given the World Cup, scaling its DI offering, advertising momentum, and a strong concert slate.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STUB: