Eventbrite Inc (EB) stock hits $2.33: Is it a good time to buy or wait for a dip?

Eventbrite Inc [EB] stock prices are down -0.85% to $2.33 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EB shares have gain 4.02% over the last week, with a monthly amount drifted -28.75%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Eventbrite Inc [NYSE: EB] stock has seen the most recent analyst activity on February 28, 2025, when B. Riley Securities downgraded its rating to a Neutral and also revised its price target to $3.50 from $5. Previously, Truist downgraded its rating to Hold on August 09, 2024. On August 09, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $4 on the stock. KeyBanc Capital Markets downgraded its rating to a Sector Weight. B. Riley Securities initiated its recommendation with a Buy and recommended $13 as its price target on December 08, 2023. BWS Financial started tracking with a Buy rating for this stock on November 27, 2023, and assigned it a price target of $12. In a note dated July 27, 2023, KeyBanc Capital Markets upgraded an Overweight rating on this stock but restated the target price of $14.

The stock price of Eventbrite Inc [EB] has been fluctuating between $2.11 and $5.97 over the past year. Currently, Wall Street analysts expect the stock to reach $4.25 within the next 12 months. Eventbrite Inc [NYSE: EB] shares were valued at $2.33 at the most recent close of the market. An investor can expect a potential return of 82.4% based on the average EB price forecast.

Analyzing the EB fundamentals

The Eventbrite Inc [NYSE:EB] reported sales of 325.07M for trailing twelve months, representing a drop of -12.88%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.09 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.43.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.30 points at the first support level, and at 2.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.36, and for the 2nd resistance point, it is at 2.39.

Ratios To Look Out For

It’s worth pointing out that Eventbrite Inc [NYSE:EB]’s Current Ratio is 1.50. Also, the Quick Ratio is 1.50, while the Cash Ratio stands at 1.14. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 1.29.

Transactions by insiders

Recent insider trading involved Baker Charles, COO, that happened on Dec 13 ’24 when 20000.0 shares were sold. Officer, CHARLES C BAKER completed a deal on Dec 13 ’24 to buy 20000.0 shares. Meanwhile, Director August-deWilde Katherine sold 91887.0 shares on Nov 13 ’24.

Related Posts