Canaccord lowered the firm’s price target on Vivid Seats (SEAT) to $12 from $23 and keeps a Hold rating on the shares. The firm said reported soft Q3 results, with GOV and revenue remaining under pressure amid a still challenging competitive environment, although management noted that there has been a “notable change” in competitive intensity in the last 6-8 weeks.
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Read More on SEAT:
- Vivid Seats Reports Q3 2025 Results and CEO Transition
- Vivid Seats price target lowered to $8 from $20 at BofA
- Vivid Seats: Navigating Leadership Changes and Strategic Cost-Saving Amidst Competitive Challenges
- Vivid Seats reports Q3 revenue $136.4M, consensus $131.38M
- Vivid Seats Appoints Lawrence Fey as New CEO
