Eventbrite (EB) AI Stock Analysis

• Market Cap: $222.92M
• Dividend Yield: N/A
• Average Volume (3M): 476.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• 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: 386,758
• 30 Day Avg. Volume: 476,635
• 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: -0.30
• Enterprise Value/Revenue: -0.23
• Enterprise Value/Gross Profit: -0.33
• Enterprise Value/Ebitda: -18.11
• 1Y Price Target: $2.70
• Price Target Upside: 17.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 47 Neutral
• Price Target: $2.50 ▲(9.17% Upside)

Eventbrite's overall stock score is primarily impacted by its financial performance, which shows declining revenues and persistent losses, and technical analysis indicating a bearish trend. While the earnings call provides some optimism with operational improvements and strategic advancements, the valuation remains unattractive due to a negative P/E ratio and lack of dividend yield. The positive cash flow trends offer some support, but the high leverage and ongoing challenges in revenue and ticket volume weigh heavily on the score.

Positive Factors

Operational Efficiency

The consistent reduction in operating expenses over six consecutive quarters indicates strong cost management, which enhances profitability and supports 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 the company's market position.

Improved Financial Position

Securing additional liquidity through a term loan enhances financial flexibility, allowing the company to invest in growth opportunities and manage debt obligations effectively.

Negative Factors

Revenue Decline

A significant decline in net revenue reflects challenges in maintaining sales momentum, which could impact long-term growth prospects and market competitiveness.

Paid Ticket Volume Decline

The decrease in paid ticket volume suggests difficulties in attracting event attendees, potentially affecting future revenue generation and market share.

Net Loss Reported

The net loss highlights ongoing profitability challenges, which could strain financial resources and hinder the company's ability to invest in 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 statements reveal mixed results. The company shows strong cash management and a solid gross profit margin, but struggles with profitability and revenue growth. High leverage presents risks, though a robust cash position is beneficial. Continued focus on operational efficiency and growth is crucial.

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	300.86M	325.07M	326.13M	260.93M	187.13M	106.01M
Gross Profit	203.94M	226.56M	223.00M	170.18M	116.84M	43.68M
EBITDA	3.75M	11.68M	1.44M	-27.94M	-99.85M	-169.05M
Net Income	-20.86M	-15.57M	-26.48M	-55.38M	-139.08M	-224.72M
Balance Sheet
Total Assets	784.07M	752.30M	913.33M	895.38M	902.98M	795.68M
Cash, Cash Equivalents and Short-Term Investments	490.50M	441.49M	642.95M	623.52M	634.38M	505.76M
Total Debt	242.85M	243.17M	360.96M	361.74M	366.39M	223.09M
Total Liabilities	606.87M	582.07M	721.57M	728.82M	733.08M	480.11M
Stockholders Equity	177.20M	170.23M	191.76M	166.56M	169.90M	315.57M
Cash Flow
Free Cash Flow	41.77M	34.97M	11.85M	4.16M	76.55M	-163.17M
Operating Cash Flow	46.68M	35.57M	19.02M	8.61M	79.08M	-156.89M
Investing Cash Flow	52.47M	123.92M	-69.33M	-89.50M	-2.53M	-12.66M
Financing Cash Flow	-137.91M	-177.47M	-4.91M	-2.08M	51.18M	255.04M

Eventbrite Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.29
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 2.29 is below the 20-day moving average (MA) of 2.35, below the 50-day MA of 2.57, and below the 200-day MA of 2.57, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 41.41 is Neutral, neither overbought nor oversold. The STOCH value of 33.63 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
Sector *	―	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
ONTF	―	$233.53M	―	-22.60%	―	-6.88%	15.83%
MKTW	―	$277.99M	1.58	―	10.01%	-17.17%	497.89%
SMRT	―	$261.42M	―	-25.48%	―	-28.45%	-224.48%
NRDY	―	$183.92M	―	-105.81%	―	-10.85%	-15.09%
OCFT	―	$299.65M	-3.01	-24.21%	―	-48.61%	-2291.48%
EB	―	$222.92M	-10.52	-11.81%	―	-11.54%	-54.32%

Eventbrite Corporate Events

Eventbrite’s Earnings Call: Mixed Results and Strategic Moves

Eventbrite’s latest earnings call painted a mixed picture, with strong revenue performance and significant growth in Eventbrite Ads, yet challenges such as a decline in net revenue and ticketing revenue, a net loss, and lower average tickets sold per creator. Despite these hurdles, the company is witnessing sequential improvements in ticket volume and is actively addressing these issues.

Eventbrite’s Q2 2025: Revenue Steady, Losses Narrow

Eventbrite is a global events marketplace that facilitates the organization and discovery of live experiences, serving both event creators and attendees in nearly 180 countries. Known for its innovative approach, the company has transformed the way people engage with 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.

The most recent analyst rating on (EB) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Eventbrite stock, see the EB Stock Forecast page.