In a report released today, Youssef Squali from Truist Financial maintained a Buy rating on Eventbrite (EB – Research Report). The company’s shares closed yesterday at $5.55.
According to TipRanks, Squali is a 5-star analyst with an average return of 15.2% and a 56.39% success rate. Squali covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Snap.
Currently, the analyst consensus on Eventbrite is a Moderate Buy with an average price target of $9.25.
The company has a one-year high of $11.91 and a one-year low of $5.00. Currently, Eventbrite has an average volume of 1.93M.
Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EB in relation to earlier this year.
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Eventbrite (EB) Company Description:
Eventbrite, Inc. provides event management services encompassing online ticketing, event hosting, organization, promotion and advertising. The company was founded by Alan Michael Braverman, Renaud Visage, Kevin E. Hartz and Julia Hartz in 2006 and is headquartered in San Francisco, CA.
