Eventbrite (EB) AI Stock Analysis

• Market Cap: $435.61M
• Dividend Yield: N/A
• Average Volume (3M): 575.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.82
• Revenue Growth: -11.54%
• EPS Growth: -54.32%
• Country: US
• Employees: 748
• Sector: Communication Services
• Sector Strength: 97
• Industry: Software - Application
• EPS (TTM): 0.06
• Shares Outstanding: 82,470,850
• 10 Day Avg. Volume: 757,990
• 30 Day Avg. Volume: 575,620
• PEG Ratio: 0.58
• Price to Book (P/B): 1.84
• Price to Sales (P/S): 0.96
• P/FCF Ratio: 8.94
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $2.70
• Price Target Upside: 17.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: $4.50 ▲(96.51% Upside)

Eventbrite's overall stock score is driven by strong technical momentum and a positive corporate event in the form of an acquisition. However, financial performance and valuation concerns weigh down the score. The company's strategic initiatives and acquisition prospects provide a potential upside, but immediate profitability and revenue challenges remain significant risks.

Positive Factors

Strategic Acquisition

The acquisition by Bending Spoons is expected to enhance Eventbrite's market position and drive growth through integration and innovation.

Eventbrite Ads Revenue Growth

Strong growth in Eventbrite Ads revenue indicates successful monetization strategies and potential for future revenue expansion.

Improved EBITDA Margin

The improved EBITDA margin reflects effective cost management and operational efficiency, supporting long-term financial health.

Negative Factors

Revenue Decline

The decline in net revenue signals challenges in maintaining sales momentum, which could impact long-term growth prospects.

Profitability Challenges

Ongoing profitability issues may hinder reinvestment capabilities and affect the company's ability to sustain long-term growth.

Free Cash Flow Decline

The decline in free cash flow growth suggests potential cash generation issues, impacting financial flexibility and investment capacity.

Eventbrite Business Overview & Revenue Model

Company Description

Eventbrite (EB) is a global ticketing and event technology platform that enables users to plan, promote, and sell tickets for various events, including concerts, festivals, conferences, and community gatherings. Founded in 2006 and headquartered in San Francisco, California, Eventbrite provides a comprehensive suite of tools for event organizers, including online ticketing, customizable event pages, marketing and promotional tools, and real-time analytics. The company serves a diverse range of sectors, from entertainment and arts to education and corporate events, making it a versatile solution for event management.

How the Company Makes Money

Eventbrite primarily generates revenue through service fees charged on ticket sales, which are a percentage of the ticket price plus a fixed fee per ticket sold. Organizers can choose between two pricing models: a free option where Eventbrite charges a service fee to attendees, or a paid option where the organizer covers the fees. Additionally, Eventbrite offers promotional tools and services that can be purchased separately, contributing to its revenue. The company has also established partnerships with various organizations and platforms to enhance its offerings and reach a wider audience, which can further bolster its earnings through increased ticket sales and user engagement.

Eventbrite Financial Statement Overview

Summary

Eventbrite's financial performance shows mixed results. The company maintains a strong gross profit margin but struggles with profitability and revenue growth. The balance sheet indicates improved leverage, but profitability remains a concern with negative ROE. Cash flow management shows some strengths in operational cash generation, but declining free cash flow growth is a risk. Overall, the company needs to focus on improving profitability and cash flow stability.

Income Statement

Eventbrite's income statement reflects challenges in profitability, with negative net profit margins and EBIT margins over the TTM. Revenue has declined by 2.01% in the TTM, indicating a contraction in sales. However, the gross profit margin remains relatively strong at 67.64%, suggesting efficient cost management at the gross level.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.93 in the TTM, which is an improvement from previous years, indicating better leverage management. However, the return on equity is negative, reflecting ongoing profitability challenges. The equity ratio is not provided, but the overall asset management appears stable.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 28.60% in the TTM, suggesting cash generation issues. However, the operating cash flow to net income ratio is positive, indicating that the company is generating cash from operations despite net losses. The free cash flow to net income ratio is close to 1, showing efficient cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	294.80M	325.07M	326.13M	260.93M	187.13M	106.01M
Gross Profit	199.39M	226.56M	223.00M	170.18M	116.84M	43.68M
EBITDA	10.12M	11.68M	1.44M	-27.94M	-99.85M	-169.05M
Net Income	-10.72M	-15.57M	-26.48M	-55.38M	-139.08M	-224.72M
Balance Sheet
Total Assets	744.59M	752.30M	913.33M	895.38M	902.98M	795.68M
Cash, Cash Equivalents and Short-Term Investments	402.77M	441.49M	642.95M	623.52M	634.38M	505.76M
Total Debt	175.82M	243.17M	360.96M	361.74M	366.39M	223.09M
Total Liabilities	555.47M	582.07M	721.57M	728.82M	733.08M	480.11M
Stockholders Equity	189.12M	170.23M	191.76M	166.56M	169.90M	315.57M
Cash Flow
Free Cash Flow	25.91M	34.97M	11.85M	4.16M	83.30M	-164.24M
Operating Cash Flow	28.50M	35.57M	19.02M	8.61M	85.83M	-157.96M
Investing Cash Flow	21.31M	123.92M	-69.33M	-89.50M	-2.53M	-12.66M
Financing Cash Flow	-75.48M	-177.47M	-4.91M	-2.08M	51.18M	255.04M

Eventbrite Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.29
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• 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 2.29 is below the 20-day moving average (MA) of 3.75, below the 50-day MA of 2.96, and below the 200-day MA of 2.57, indicating a bullish trend. The MACD of 0.49 indicates Negative momentum. The RSI at 83.06 is Negative, neither overbought nor oversold. The STOCH value of 33.33 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
MKTW	66 Neutral	$256.31M	1.53	―	13.13%	-19.17%	308.81%
EB	64 Neutral	$435.61M	-20.17	-11.81%	―	-11.54%	-54.32%
SMRT	62 Neutral	$393.54M	-5.94	-25.48%	―	-24.30%	-181.62%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
ONTF	59 Neutral	$242.28M	-7.86	-20.20%	―	-6.23%	28.57%
NRDY	48 Neutral	$213.56M	-3.41	-120.79%	―	-9.86%	0.87%
OCFT	47 Neutral	$308.31M	-3.06	-24.21%	―	-48.61%	-2291.48%

Eventbrite Corporate Events

Eventbrite Announces Merger with Bending Spoons US Inc.

On December 1, 2025, Eventbrite, Inc. announced a merger agreement with Bending Spoons US Inc., a subsidiary of Bending Spoons S.p.A., where Eventbrite will become a wholly owned subsidiary. The merger, unanimously approved by Eventbrite’s Board of Directors, involves converting each share of Eventbrite’s common stock into a cash payment of $4.50. The merger is contingent upon customary closing conditions, including stockholder approval and regulatory clearances. The agreement includes provisions for termination fees and a ‘no shop’ clause to prevent alternative acquisition proposals. This merger is expected to impact Eventbrite’s operations and market positioning by integrating with Bending Spoons, potentially affecting stakeholders and business strategies.

Eventbrite Announces Acquisition by Bending Spoons

On December 2, 2025, Eventbrite announced it would be acquired by Bending Spoons in an all-cash transaction valued at approximately $500 million, with stockholders receiving $4.50 per share. The acquisition, which aims to accelerate Eventbrite’s growth and innovation, is expected to close in the first half of 2026, subject to customary approvals. This move will make Eventbrite a privately held company, removing its stock from public exchanges, and is seen as a strategic step to enhance Eventbrite’s offerings and market position.