STUB’s (STUB) Neutral Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their neutral rating on shares of STUB (NYSE:STUB) in a report issued on Thursday, MarketBeat.com reports. JPMorgan Chase & Co. currently has a $10.00 price target on the stock, down from their prior price target of $22.00.

A number of other equities analysts also recently issued reports on STUB. Wall Street Zen downgraded STUB from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Weiss Ratings assumed coverage on shares of STUB in a research report on Wednesday, January 14th. They set a “sell (d-)” rating for the company. Citigroup upgraded shares of STUB from a “sell” rating to a “neutral” rating in a report on Wednesday, February 18th. Craig Hallum began coverage on shares of STUB in a research report on Thursday, January 29th. They issued a “hold” rating and a $12.00 target price on the stock. Finally, Guggenheim reiterated a “buy” rating on shares of STUB in a research note on Tuesday, February 24th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $11.40.

STUB Stock Down 7.0%

Shares of NYSE STUB opened at $8.29 on Thursday. The stock has a market cap of $3.05 billion and a price-to-earnings ratio of -13.82. 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.

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

Hedge Funds Weigh In On STUB

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Ardmore Road Asset Management LP grew its stake in shares of STUB by 25.0% in the 4th quarter. Ardmore Road Asset Management LP now owns 25,000 shares of the company’s stock valued at $338,000 after purchasing an additional 5,000 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in shares of STUB by 20.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 36,440 shares of the company’s stock worth $493,000 after purchasing an additional 6,070 shares during the last quarter. Garner Asset Management Corp acquired a new stake in shares of STUB during the fourth quarter worth $92,000. The Manufacturers Life Insurance Company acquired a new stake in shares of STUB during the fourth quarter worth $143,000. Finally, International Assets Investment Management LLC purchased a new position in STUB in the 4th quarter valued at $149,000.

More STUB News

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.