EB Stock Recent News

SAN FRANCISCO--(BUSINESS WIRE)--Eventbrite (NYSE: EB), a global marketplace for shared experiences, has released its 2023 Corporate Responsibility Update, highlighting Eventbrite's commitment to diversity and inclusion, and impact in addressing climate change, and other important environmental, social, and governance initiatives. “Eventbrite is committed to supporting society by living sustainably, promoting social connection, and being guided by good governance,” said Julia Hartz, Co-Founder a.

SAN FRANCISCO--(BUSINESS WIRE)--Today, Eventbrite is releasing Niche to Meet You™, a new report offering insights into today's dating scene, focusing on the transition from online to offline dating and highlighting the activities preferred by Gen Z and Millennials. In the past year, Eventbrite has seen a notable rise in speed dating and singles events, driven by young singles who are experiencing online dating fatigue and seeking face-to-face interactions where they can bond over shared interes.

Eventbrite, Inc. (NYSE:EB ) Q1 2024 Results Conference Call May 2, 2024 5:00 PM ET Company Participants Katie Pickett - Investor Relations Julia Hartz - Co-Founder and Chief Executive Officer Lanny Baker - Chief Financial Officer Conference Call Participants Joseph Kalia - Truist Securities Justin Patterson - KeyBanc Matt Farro - Piper Sandler Dae Lee - JPMorgan Hamed Khorsand - BWS Financial Joseph Kelly - Truist Securities Operator Good afternoon, ladies and gentlemen, and welcome to Eventbrite's First Quarter 2024 Earnings Call. At this time, all lines are in a listen-only mode.

Eventbrite (EB) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.13 per share a year ago.

Penny stocks are among the most popular assets among day traders because of their substantially lower prices compared to big companies like Berkshire Hathaway and Amazon. They are also high-risk investments, as evidenced by the performance of Fisker and Bit Brother.

Buying and holding stocks for years is some of the most common advice you'd hear from market experts when it comes to building your wealth. My own average holding is ten years, though I'm (slowly) moving toward a more income-based portfolio.

Eventbrite could potentially leverage on its new $100 million share repurchase plan to buy back its own undervalued shares aggressively. There is a good chance of Eventbrite's actual Q1 2024 EBITDA beating the market's expectations, considering the rapid growth in the company's non-ticketing businesses. I award a Buy rating to Eventbrite stock, as I have identified potential catalysts which might re-rate the company's shares.

Many high-growth companies have been trading sideways for months or even years at depressed valuations. But as the old adage goes, the stock market is a weighing machine in the long-run.

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

We all know the frustration of seeing certain stocks fail to deliver satisfactory results in today's market environment. That has been the case with many stocks that aren't SaaS/AI.