STUB’s (STUB) Neutral Rating Reiterated at Wedbush

Wedbush restated their neutral rating on shares of STUB (NYSE:STUB) in a report published on Thursday morning, Marketbeat reports. The firm currently has a $10.00 price objective on the stock, down from their previous price objective of $18.00.

Several other brokerages also recently issued reports on STUB. Guggenheim reiterated a “buy” rating on shares of STUB in a research report on Tuesday, February 24th. Wall Street Zen cut STUB from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $10.00 target price (down from $22.00) on shares of STUB in a research note on Thursday. Weiss Ratings started coverage on STUB in a research report on Wednesday, January 14th. They set a “sell (d-)” rating for the company. Finally, Craig Hallum started coverage on STUB in a research note on Thursday, January 29th. They issued a “hold” rating and a $12.00 price target for the company. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, STUB has a consensus rating of “Hold” and a consensus target price of $11.40.

STUB Trading Down 7.0%

Shares of NYSE:STUB opened at $8.29 on Thursday. The stock has a market capitalization of $3.05 billion and a P/E ratio of -13.82. STUB has a fifty-two week low of $8.06 and a fifty-two week high of $27.89. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.14 and a current ratio of 1.14.

STUB (NYSE:STUB) last posted its earnings results 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 business had revenue of $449.17 million for the quarter. The business’s revenue for the quarter was down 15.8% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Garner Asset Management Corp acquired a new position in shares of STUB during the fourth quarter valued at approximately $92,000. The Manufacturers Life Insurance Company bought a new stake in STUB during the fourth quarter worth approximately $143,000. International Assets Investment Management LLC acquired a new stake in STUB in the fourth quarter worth approximately $149,000. Cerity Partners LLC acquired a new stake in STUB in the fourth quarter worth approximately $150,000. Finally, Engineers Gate Manager LP bought a new position in STUB during the 4th quarter valued at $161,000.

STUB News Roundup

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.