Eventbrite Faces Uphill Battle in the Online Ticket Sector

Sunday, 7 July 2024, 12:47
Eventbrite, a prominent online ticket vendor, is experiencing turbulent times with a valuation of less than 3 times adjusted EBITDA and increasing churn risks due to a decline in paid creators. The company's stock has plummeted by approximately 40% year-to-date, indicating significant hurdles ahead for Eventbrite.
Seeking Alpha
Eventbrite Faces Uphill Battle in the Online Ticket Sector

Eventbrite: Rocky Times For This Online Ticket Vendor

Eventbrite's valuation is at less than 3x adjusted EBITDA, but churn risks are elevated as paid creators decline. Its stock is down ~40% YTD. Read more on EB stock here.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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