Eventbrite (EB) AI Stock Analysis

• Market Cap: $240.68M
• Dividend Yield: N/A
• Average Volume (3M): 698.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• 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: 1,005,171
• 30 Day Avg. Volume: 698,753
• PEG Ratio: 0.73
• Price to Book (P/B): 1.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.12
• Enterprise Value/Market Cap: -0.08
• Enterprise Value/Revenue: -0.01
• Enterprise Value/Gross Profit: -0.09
• Enterprise Value/Ebitda: -0.36
• 1Y Price Target: $3.20
• Price Target Upside: 29.55% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 61 Neutral
• Price Target: $2.50 ▲(1.21%Upside)

Eventbrite's strong cash management and success in meeting earnings targets bolster its score. However, challenges in profitability, valuation concerns due to losses, and potential impacts from executive departures weigh on the overall outlook.

Positive Factors

Growth Initiatives

KPIs suggest the reinstatement of the free listing tier coupled with growth initiatives is starting to have a positive effect on paid creators and paid ticket volumes.

Traffic Increase

Eventbrite experienced an increase in traffic flow as the company underwent a website and logo refresh.

User Growth and Monetization

Growth in Ads and users suggests potential for improving scale and monetization over time.

Negative Factors

Declining Creator Base

Eventbrite faces pressure from declining paid ticket volumes given a smaller creator base.

Revenue Decline

Near-term focus for shares remains on paid ticket volume and revenue trends, which both declined.

Transition Year

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.

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 demonstrates a strong cash position and solid gross profit margin. However, challenges in profitability and revenue growth, coupled with high leverage, present risks.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	325.07M	326.13M	260.93M	187.13M	106.01M
Gross Profit	226.56M	223.00M	170.18M	116.84M	43.68M
EBITDA	11.68M	1.44M	-27.94M	-99.85M	-177.60M
Net Income	-15.57M	-26.48M	-55.38M	-139.08M	-224.72M
Balance Sheet
Total Assets	752.30M	913.33M	895.38M	902.98M	795.68M
Cash, Cash Equivalents and Short-Term Investments	441.49M	642.95M	623.52M	634.38M	505.76M
Total Debt	243.17M	360.96M	361.74M	366.39M	223.09M
Total Liabilities	582.07M	721.57M	728.82M	733.08M	480.11M
Stockholders Equity	170.23M	191.76M	166.56M	169.90M	315.57M
Cash Flow
Free Cash Flow	34.97M	11.85M	4.16M	76.55M	-163.17M
Operating Cash Flow	35.57M	19.02M	8.61M	79.08M	-156.89M
Investing Cash Flow	123.92M	-69.33M	-89.50M	-2.53M	-12.66M
Financing Cash Flow	-177.47M	-4.91M	-2.08M	51.18M	255.04M

Eventbrite Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.47
• 50DMA: Negative
• 100DMA: Positive
• 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 2.47 is below the 20-day moving average (MA) of 2.55, below the 50-day MA of 2.47, and below the 200-day MA of 2.85, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 48.17 is Neutral, neither overbought nor oversold. The STOCH value of 63.02 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
EB	61 Neutral	$240.68M	―	-9.90%	―	-6.52%	-2.19%
SSTI	60 Neutral	$157.15M	―	-10.44%	―	7.65%	-96.35%
IMMR	58 Neutral	$239.57M	2.83	35.11%	5.09%	3828.94%	129.01%
CCRD	58 Neutral	$216.94M	32.42	13.10%	―	12.31%	187.89%
SMRT	56 Neutral	$201.35M	―	-22.66%	―	-25.43%	-135.09%
Sector *	51 Neutral	AU$1.66B	2.46	-31.66%	3.59%	16.55%	-7.79%
ONTF	50 Neutral	$218.75M	―	-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.