In the last trading session, 1.76 million shares of the Eventbrite Inc (NYSE:EB) were traded, and its beta was 2.28. Most recently the company’s share price was $3.48, and it changed around -$0.02 or -0.57% from the last close, which brings the market valuation of the company to $313.84M. EB currently trades at a discount to its 52-week high of $9.20, offering almost -164.37% off that amount. The share price’s 52-week low was $2.51, which indicates that the current value has risen by an impressive 27.87% since then. We note from Eventbrite Inc’s average daily trading volume that its 10-day average is 2.39 million shares, with the 3-month average coming to 1.53 million.

Eventbrite Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.50. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended EB as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Eventbrite Inc is expected to report earnings per share of -0.05 for the current quarter.

Eventbrite Inc (NYSE:EB) trade information

Instantly EB has showed a red trend with a performance of -0.57% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.81 on recent trading dayincreased the stock’s daily price by 8.66%. The company’s shares are currently down -58.37% year-to-date, but still down -2.79% over the last five days. On the other hand, Eventbrite Inc (NYSE:EB) is 16.78% up in the 30-day period. We can see from the shorts that 5.78 million shares have been sold at a short interest cover period of 5.16 day(s).

The consensus price target as assigned by Wall Street analysts is $15.5, which translates to bulls needing to increase their stock price by 77.55% from its current value. Analyst projections state that EB is forecast to be at a low of $8 and a high of $23.

Eventbrite Inc (EB) estimates and forecasts

Eventbrite Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -34.34 percent over the past six months and at a 46.15% annual growth rate that is well above the industry average of 9.20%. The year-over-year growth rate is expected to be -0.44%, down from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 76.18M in revenue for the current quarter. 3 analysts expect Eventbrite Inc to make 74.88M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 87.76M and 86.25M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -13.20%. Forecasts for the next quarter put sales growth at -13.19%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 31.15%. Eventbrite Inc earnings are expected to increase by 53.23% in 2024, but the outlook is positive 46.40% per year for the next five years.

EB Dividends

Eventbrite Inc’s next quarterly earnings report is expected to be released in December.

Eventbrite Inc (NYSE:EB)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 4.04% of Eventbrite Inc shares, and 84.12% of them are in the hands of institutional investors. The stock currently has a share float of 87.67%. Eventbrite Inc stock is held by 209.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.8088% of the shares, which is about 6.75 million shares worth $32.66 million.

EDMOND DE ROTHSCHILD HOLDING S.A., with 6.4761% or 6.42 million shares worth $31.06 million as of 2024-06-30, holds the second largest percentage of outstanding shares.