Eventbrite (EB) AI Stock Analysis

• Market Cap: $274.06M
• Dividend Yield: N/A
• Average Volume (3M): 570.19K
• 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): -0.02
• Shares Outstanding: 80,853,050
• 10 Day Avg. Volume: 627,063
• 30 Day Avg. Volume: 570,191
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: -0.25
• Enterprise Value/Revenue: -0.22
• Enterprise Value/Gross Profit: -0.32
• Enterprise Value/Ebitda: -8.29
• 1Y Price Target: $2.70
• Price Target Upside: 0.37% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 62 Neutral
• Price Target: $3.00 ▲(11.52% Upside)

Eventbrite's overall stock score reflects a company with strong cash management and operational improvements, as highlighted in the earnings call. However, challenges with profitability, revenue decline, and valuation concerns weigh on the score. The technical analysis provides a neutral outlook, neither significantly boosting nor detracting from the overall assessment.

Positive Factors

Operational Efficiency

Consistent reduction in operating expenses enhances profitability and demonstrates effective cost management, supporting long-term financial health.

Eventbrite Ads Growth

The significant growth in Eventbrite Ads contributes to high-margin revenue, indicating a successful diversification of revenue streams and strengthening market position.

Improved Financial Position

Securing additional liquidity through a new term loan enhances financial flexibility, allowing for strategic investments and stability in operations.

Negative Factors

Revenue Decline

A significant decline in revenue indicates challenges in maintaining market share and growth, potentially impacting long-term business sustainability.

Paid Ticket Volume Decline

Decreasing paid ticket volume suggests difficulties in attracting event attendees, which could hinder revenue growth and market competitiveness.

Net Loss Reported

Reporting a net loss highlights ongoing profitability challenges, which may affect investor confidence and the ability to fund future growth initiatives.

Eventbrite Business Overview & Revenue Model

Company Description

Eventbrite (EB) is a global event management and ticketing platform that allows users to create, promote, and sell tickets for various events, including concerts, festivals, conferences, and workshops. Founded in 2006, the company operates primarily in the technology and entertainment sectors, providing tools and services that cater to event organizers and attendees alike. Its core products include event ticketing solutions, promotional tools, and event discovery features, making it a comprehensive solution for managing live experiences.

How the Company Makes Money

Eventbrite generates revenue primarily through ticketing fees charged to event organizers and service fees paid by attendees. The company employs a tiered pricing model, where it takes a percentage of the ticket price and adds a fixed fee per ticket sold. Additionally, Eventbrite offers premium services, such as custom branding and advanced analytics, which provide additional revenue streams. Strategic partnerships with various organizations and platforms enhance its visibility and expand its user base, further contributing to its earnings. The company also invests in marketing and promotional efforts to drive more event listings and ticket sales, thereby increasing its overall revenue.

Eventbrite Financial Statement Overview

Summary

Eventbrite's financial performance shows mixed results. The company has a strong cash position and solid gross profit margin, but struggles with profitability and revenue growth. High leverage poses potential risks, though cash management is efficient.

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	-169.05M
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: Negative
• Last Price: 2.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 2.69 is below the 20-day moving average (MA) of 2.79, above the 50-day MA of 2.62, and below the 200-day MA of 2.71, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 46.31 is Neutral, neither overbought nor oversold. The STOCH value of 16.33 is Positive, 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
IMMR	68 Neutral	231.31M	2.71	28.27%	5.32%	3828.94%	129.01%
EB	62 Neutral	$274.06M	―	-11.81%	―	-11.54%	-54.32%
SSTI	61 Neutral	153.11M	-14.96	-12.68%	―	1.47%	-430.99%
SMRT	58 Neutral	272.70M	-3.88	-11.62%	―	-28.45%	-224.48%
CCRD	56 Neutral	213.43M	27.56	10.54%	―	23.61%	424.33%
ONTF	56 Neutral	255.53M	-7.01	-24.17%	―	-6.88%	15.83%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Eventbrite Corporate Events

Eventbrite Secures $60M Loan to Boost Liquidity

On August 6, 2025, Eventbrite entered into a Credit Agreement for a $60 million senior secured term loan facility with Silicon Valley Bank and other financial institutions. The loan will be used to repay or repurchase existing convertible senior notes and for general corporate purposes, enhancing the company’s liquidity and financial flexibility. Additionally, Eventbrite reported its second quarter 2025 financial results, with net revenue of $72.8 million and a net loss of $2.1 million. The company also repurchased $125 million of its 2026 Notes, strengthening its balance sheet and positioning itself for future growth. These strategic financial moves reflect Eventbrite’s efforts to improve its operational performance and return to growth, despite a decline in net revenue and paid ticket volume.

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.