Eventbrite (EB) AI Stock Analysis

• Market Cap: $257.94M
• Dividend Yield: N/A
• Average Volume (3M): 610.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: -6.52%
• EPS Growth: -2.19%
• Country: US
• Employees: 748
• Sector: Technology
• Sector Strength: 86
• Industry: Software - Application
• EPS (TTM): -0.07
• Shares Outstanding: 80,242,096
• 10 Day Avg. Volume: 688,601
• 30 Day Avg. Volume: 610,551
• 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: 1.54
• Enterprise Value/Revenue: 0.30
• Enterprise Value/Gross Profit: 1.87
• Enterprise Value/Ebitda: 7.51
• 1Y Price Target: $3.20
• Price Target Upside: 18.96% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 61 Neutral
• Price Target: $2.50 ▼(-7.06%Downside)

Eventbrite's overall stock score reflects solid cash management and growth in specific areas like Eventbrite ads and app engagement. However, ongoing losses, high leverage, and valuation challenges are significant concerns. Recent executive departures add uncertainty, requiring close monitoring.

Positive Factors

Partnership and Strategic Initiatives

The change in pricing strategy along with the partnership with TikTok has led to event listings, user traffic, and ticket volume rising.

Revenue and Financial Performance

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 suggests potential for improving scale and monetization.

Negative Factors

Operational and Financial Uncertainty

Eventbrite declared 2025 as a transition year after the Company had already gone through two years of transitions creating uncertainty that there is still more the Company has to do.

Paid Ticket Volume

Declining paid ticket volumes given what remains a smaller creator base today.

Revenue Challenges

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

Eventbrite Business Overview & Revenue Model

Company Description

Eventbrite, Inc. is a global self-service ticketing platform headquartered in San Francisco, California. It operates in the technology and events sectors, providing a platform for event organizers to create, promote, and sell tickets to various events. Its core products include an online ticketing system, event management tools, and a mobile app that facilitates ticket purchasing and event discovery for attendees.

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
EBITDA	8.19M	11.68M	1.44M	-27.94M	-99.85M	-177.60M
Net Income	-17.69M	-15.57M	-26.48M	-55.38M	-139.08M	-224.72M
Balance Sheet
Total Assets	812.28M	752.30M	913.33M	895.38M	902.98M	795.68M
Cash, Cash Equivalents and Short-Term Investments	502.91M	441.49M	642.95M	623.52M	634.38M	505.76M
Total Debt	243.06M	243.17M	360.96M	361.74M	366.39M	223.09M
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: Positive
• Last Price: 2.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EB, the sentiment is Positive. The current price of 2.69 is above the 20-day moving average (MA) of 2.56, above the 50-day MA of 2.38, and below the 200-day MA of 2.88, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 63.20 is Neutral, neither overbought nor oversold. The STOCH value of 65.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EB.

Eventbrite Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCRD	66 Neutral	$224.26M	33.52	13.10%	―	12.31%	187.89%
IMMR	65 Neutral	$261.76M	3.10	35.11%	2.23%	3828.94%	129.01%
Sector *	63 Neutral	€9.86B	18.37	6.74%	1.75%	2.60%	-31.99%
SMRT	62 Neutral	$208.88M	―	-22.66%	―	-25.43%	-135.09%
EB	61 Neutral	$257.94M	―	-9.90%	―	-6.52%	-2.19%
SSTI	60 Neutral	$174.07M	―	-10.44%	―	7.65%	-96.35%
ONTF	58 Neutral	$230.22M	―	-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.