Eventbrite (EB) AI Stock Analysis

• Market Cap: $234.93M
• Dividend Yield: N/A
• Average Volume (3M): 689.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.85
• Revenue Growth: -6.52%
• EPS Growth: -2.19%
• Country: US
• Employees: 748
• Sector: Technology
• Sector Strength: 79
• Industry: Software - Application
• EPS (TTM): -0.07
• Shares Outstanding: 80,242,096
• 10 Day Avg. Volume: 604,203
• 30 Day Avg. Volume: 689,217
• PEG Ratio: 0.17
• Price to Book (P/B): 3.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 138.51
• Enterprise Value/Market Cap: 1.70
• Enterprise Value/Revenue: 0.30
• Enterprise Value/Gross Profit: 1.87
• Enterprise Value/Ebitda: 7.51
• 1Y Price Target: $3.20
• Price Target Upside: 32.78% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 63 Neutral
• Price Target: $2.50 ▲(3.73%Upside)

Eventbrite's overall stock score reflects mixed financial performance with strong cash management but ongoing profitability challenges. The earnings call provided positive insights on growth in ads and app engagement, yet highlighted concerns over declining revenue and executive changes. Technical signals are mixed, and the valuation is weak due to ongoing unprofitability.

Positive Factors

Product Innovation

Eventbrite emerged from the pandemic with a renewed focus on product innovation and delivering profitable growth.

Revenue Growth

Fourth quarter revenue of $76.5 million was at the high end of the guidance range.

User Growth and Engagement

Growth in Ads and users in 1Q suggest potential for improving scale and monetization over time.

Negative Factors

Organizer Fees Impact

Focus for EB shares remains top-line recovery after the adverse reaction to implementing organizer fees, which led to declining revenue.

Paid Ticket Volume

The path to winning back creators to the platform and improving paid ticket volume remains less certain and will take time.

Revenue and Margin Pressure

The removal of the high-margin organizer fee is expected to drive compression in Adj. EBITDA margin.

Eventbrite Business Overview & Revenue Model

Company Description

Eventbrite, Inc. operates a self-service ticketing and experience technology platform that serves event creators in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, increase reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc. in 2009. Eventbrite, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

How the Company Makes Money

Eventbrite generates revenue primarily through service fees charged on tickets sold via its platform. These fees are typically a percentage of the ticket price and can vary based on the event type and location. Additionally, Eventbrite offers subscription packages for event organizers who require more advanced features and analytics. The company also partners with various third-party organizations to expand its reach and improve its service offerings, which can contribute to its revenue. However, specific details about these partnerships and their financial impact are not publicly available.

Eventbrite Financial Statement Overview

Summary

Eventbrite's financial statements show a mixed performance with strong cash management and a solid gross profit margin but challenges in profitability and revenue growth. High leverage presents risks, offset by a robust cash position.

Income Statement

Eventbrite shows a mixed performance in the income statement. The TTM revenue of $312.6M reflects a decrease from the previous year's $325.1M, indicating a negative revenue growth rate. However, gross profit margin remains strong at approximately 68.1%. The company continues to face challenges in profitability, with a negative net profit margin and EBIT margin, indicating ongoing operational losses.

Balance Sheet

The balance sheet indicates moderate financial stability. Eventbrite maintains a healthy cash position with cash and short-term investments exceeding total debt, resulting in negative net debt. However, the debt-to-equity ratio of 1.4 suggests a reliance on debt financing, which could pose risks if not managed carefully. The equity ratio of 21.3% shows a reasonable level of equity financing.

Cash Flow

The cash flow statement reflects a solid performance in cash generation. Eventbrite's free cash flow has improved, and the operating cash flow to net income ratio is positive, indicating efficient cash management despite net losses. However, fluctuations in free cash flow growth rate highlight potential volatility in cash generation.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
312.65M	325.07M	326.13M	260.93M	187.13M	106.01M
	Gross Profit
212.88M	226.56M	223.00M	170.18M	116.84M	43.68M
	EBIT
-32.95M	-30.79M	-41.13M	-46.74M	-67.78M	-198.28M
	EBITDA
8.19M	11.68M	1.44M	-27.94M	-99.85M	-177.60M
	Net Income Common Stockholders
-17.69M	-15.57M	-26.48M	-55.38M	-139.08M	-224.72M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
502.91M	441.49M	642.95M	623.52M	634.38M	505.76M
	Total Assets
812.28M	752.30M	913.33M	895.38M	902.98M	795.68M
	Total Debt
243.06M	243.17M	360.96M	361.74M	366.39M	223.09M
	Net Debt
-259.86M	-173.36M	-128.24M	-177.56M	-267.99M	-282.67M
	Total Liabilities
639.03M	582.07M	721.57M	728.82M	733.08M	480.11M
	Stockholders Equity
173.25M	170.23M	191.76M	166.56M	169.90M	315.57M
Cash Flow		Free Cash Flow
18.60M	34.97M	11.85M	4.16M	76.55M	-163.17M
	Operating Cash Flow
25.04M	35.57M	19.02M	8.61M	79.08M	-156.89M
	Investing Cash Flow
108.84M	123.92M	-69.33M	-89.50M	-2.53M	-12.66M
	Financing Cash Flow
-163.46M	-177.47M	-4.91M	-2.08M	51.18M	255.04M

Eventbrite Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.41
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EB, the sentiment is Negative. The current price of 2.41 is above the 20-day moving average (MA) of 2.40, above the 50-day MA of 2.26, and below the 200-day MA of 2.91, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 50.77 is Neutral, neither overbought nor oversold. The STOCH value of 29.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EB.

Eventbrite Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SSTI	69 Neutral	$210.75M	―	-10.44%	―	7.65%	-96.35%
CCRD	66 Neutral	$232.35M	34.37	13.10%	―	12.31%	187.89%
EB	63 Neutral	$234.93M	―	-9.90%	―	-6.52%	-2.19%
Sector *	62 Neutral	$11.97B	10.08	-7.46%	2.96%	7.37%	-8.22%
IMMR	56 Neutral	$256.58M	3.04	35.11%	2.35%	3828.94%	129.01%
SMRT	51 Neutral	$172.45M	―	-22.66%	―	-25.43%	-135.09%
ONTF	50 Neutral	$233.61M	―	-24.47%	―	-8.39%	7.79%

Eventbrite Corporate Events

Eventbrite Holds Annual Meeting, Elects New Directors

On June 5, 2025, Eventbrite, Inc. held its Annual Meeting of Stockholders, where key decisions were made regarding the company’s leadership and financial oversight. Stockholders elected Class I directors to serve until 2028, ratified Baker Tilly US, LLP as the independent accounting firm for 2025, and approved executive compensation on an advisory basis. These decisions are expected to influence Eventbrite’s strategic direction and operational governance, impacting stakeholders and reinforcing the company’s commitment to transparent financial practices.

The most recent analyst rating on (EB) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Eventbrite stock, see the EB Stock Forecast page.

Eventbrite CTO Vivek Sagi Announces Resignation

On May 5, 2025, Eventbrite‘s Chief Technology Officer, Vivek Sagi, announced his resignation effective May 16, 2025, to pursue another executive role outside the company. Sagi will assist with the transition of his responsibilities until his departure, which may impact the company’s technological leadership and operational continuity.

Eventbrite Announces General Counsel Leadership Transition

On April 8, 2025, Eventbrite announced the resignation of Julia Taylor, its General Counsel, effective May 2, 2025. Lisa Gorman, the current Vice President and Deputy General Counsel, will assume the role of General Counsel on the same date, indicating a smooth transition in the company’s legal leadership.