Oppenheimer Cuts STUB (NYSE:STUB) Price Target to $12.00

STUB (NYSE:STUB) had its price objective lowered by Oppenheimer from $20.00 to $12.00 in a research report report published on Thursday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

STUB has been the topic of a number of other reports. Guggenheim reaffirmed a “buy” rating on shares of STUB in a research note on Tuesday, February 24th. Weiss Ratings began coverage on STUB in a research note on Wednesday, January 14th. They issued a “sell (d-)” rating for the company. Citigroup upgraded STUB from a “sell” rating to a “neutral” rating in a report on Wednesday, February 18th. Wedbush reaffirmed a “neutral” rating and set a $10.00 target price (down from $18.00) on shares of STUB in a research report on Thursday. Finally, Wall Street Zen cut STUB from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, STUB presently has a consensus rating of “Hold” and a consensus target price of $11.40.

STUB Stock Down 7.0%

STUB opened at $8.29 on Thursday. STUB has a 1-year low of $8.06 and a 1-year high of $27.89. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $3.05 billion and a price-to-earnings ratio of -13.82.

STUB (NYSE:STUB) last released its quarterly earnings data on Wednesday, March 4th. The company reported ($1.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($1.55). The firm had revenue of $449.17 million for the quarter. The company’s quarterly revenue was down 15.8% compared to the same quarter last year.

Institutional Trading of STUB

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Index Venture Associates III Ltd bought a new position in shares of STUB in the fourth quarter valued at approximately $85,192,000. Capital Research Global Investors bought a new stake in STUB during the fourth quarter worth $106,887,000. Capital International Investors bought a new stake in STUB during the fourth quarter worth $55,235,000. Intellectus Partners LLC purchased a new stake in STUB in the 4th quarter valued at $467,000. Finally, Norges Bank purchased a new stake in STUB in the 4th quarter valued at $23,678,000.

Key Headlines Impacting STUB

Here are the key news stories impacting STUB this week:

• Positive Sentiment: Seeking Alpha upgrades STUB to Neutral, arguing the post‑IPO price collapse makes valuation more compelling and highlighting potential tailwinds from Direct Issuance tech and live‑event recovery; still warns of leverage and competitive risk. Read More.
• Neutral Sentiment: Analyst price‑target moves show mixed views: Oppenheimer cut its target from $20 to $12 but kept an Outperform rating (still implying upside at current levels). This is a partial vote of confidence amid lowered expectations. Read More.
• Neutral Sentiment: Valuation writeups and market commentaries are dissecting whether the Q4 drop creates a buying opportunity; these pieces increase investor focus but don’t change the underlying earnings miss or leverage concerns. Read More.
• Negative Sentiment: Wedbush downgraded STUB to Neutral from Outperform after Q4 results missed estimates and visibility into growth from direct ticket issuance weakened; they also cut their price target significantly (from $18 to $10). Read More.
• Negative Sentiment: JPMorgan reiterated a Neutral rating but slashed its price target to $10 from $22, signaling reduced confidence in near‑term recovery and lowering the analyst support level for the shares. Read More.
• Negative Sentiment: Multiple firms cut earnings forecasts and models after the Q4 miss; that analyst broadside amplified selling pressure and contributed to the stock hitting a record low intraday. Read More.
• Negative Sentiment: Headline financials: a large reported loss (≈ $535M including tax provision), declining GMS and revenue softness were centerpieces of the earnings call and are weighing on sentiment as investors fret about profitability and regulatory/tax volatility. Read More.
• Negative Sentiment: Market reaction: heavy volume and rapid downgrades drove the share price lower as traders priced in slower recovery, event concentration risk and a materially higher near‑term risk premium. Read More.

About STUB

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.