(EB) Eventbrite - Ratings and Ratios

Eventbrite, Inc. (NYSE:EB) operates a two-sided marketplace platform designed to empower event creators by providing self-service ticketing and marketing solutions. The platform streamlines the process of planning, promoting, and producing live events, enabling creators to minimize costs, expand their audience reach, and maximize ticket sales. Originally incorporated in 2008 as Mollyguard Corporation, the company rebranded to Eventbrite, Inc. in 2009 and is headquartered in San Francisco, California. Its platform integrates essential tools for event management, making it a critical resource for organizers across various industries. Web URL: https://www.eventbrite.com.

As of the latest data, Eventbrites stock is trading at $2.44, with a 20-day average volume of 909,573 shares. The stock is currently below its key moving averages, with the SMA 20 at $3.27, SMA 50 at $3.39, and SMA 200 at $3.77. The Average True Range (ATR) of 0.18 indicates moderate volatility. From a fundamental perspective, the company has a market capitalization of $300.33 million, with a forward P/E ratio of 17.86, suggesting expectations of future earnings growth. However, the current P/E ratio is 0, reflecting no profitability. The price-to-book (P/B) ratio of 1.71 and price-to-sales (P/S) ratio of 0.89 provide additional valuation context. The return on equity (RoE) stands at -9.15%, highlighting ongoing profitability challenges.

3-Month Forecast: Based on the provided and , Eventbrites stock is expected to remain under pressure in the near term. The last price of $2.44, combined with the SMA 20 ($3.27) and SMA 50 ($3.39) trending downward, suggests a bearish momentum. The ATR of 0.18 indicates continued volatility but not extreme price swings. Fundamentally, while the forward P/E of 17.86 signals investor optimism about future profitability, the current lack of earnings (P/E: 0) and negative RoE (-9.15%) may limit upside potential. Overall, the stock is likely to trade sideways to down over the next three months, with potential resistance at the SMA 50 level ($3.39) and support near the SMA 200 ($3.77). Investors should monitor earnings reports and revenue growth for signs of a potential turnaround.