Eventbrite Inc (NYSE:EB) shares, rose in value, with the stock price up by 4.17% to the previous day’s close as strong demand from buyers drove the stock to $2.25.
Actively observing the price movement in the last trading, the stock closed the session at $2.16, falling within a range of $2.14 and $2.25. The value of beta (5-year monthly) was 2.052. Referring to stock’s 52-week performance, its high was $5.92, and the low was $1.80. On the whole, EB has fluctuated by -3.02% over the past month.
With the market capitalization of Eventbrite Inc currently standing at about $212.92 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 301.25M, with a low estimate of 72.2M and a high estimate of 74M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 73.16M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EB’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of EB currently trading nearly 5.26% and -12.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.29, while the 7-day volatility ratio is showing 5.22% which for the 30-day chart, stands at 6.05%. Furthermore, Eventbrite Inc (EB)’s beta value is 1.94, and its average true range (ATR) is 0.14.
A comparison of Eventbrite Inc (EB) with its peers suggests the former has fared considerably weaker in the market. EB showed an intraday change of 4.17% in last session, and over the past year, it shrunk by -55.80%%.
Data on historical trading for Eventbrite Inc (NYSE:EB) indicates that the trading volumes over the past 10 days have averaged 1.19 and over the past 3 months, they’ve averaged 1.05 million. According to company’s latest data on outstanding shares, there are 78.64 million shares outstanding.
Nearly 22.12% of Eventbrite Inc’s shares belong to company insiders and institutional investors own 64.67% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.91 million shares as on 2025-03-31, resulting in a short ratio of 2.72. According to the data, the short interest in Eventbrite Inc (EB) stood at 506.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.17 million. The stock has fallen by -33.04% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EB stock heading into the next quarter.
