STUB’s Lock-Up Period Will End on March 16th (NYSE:STUB)

STUB’s (NYSE:STUB) lock-up period will expire on Monday, March 16th. STUB had issued 34,042,553 shares in its initial public offering on September 17th. The total size of the offering was $799,999,996 based on an initial share price of $23.50. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Analyst Ratings Changes

A number of research firms recently commented on STUB. Citigroup raised STUB from a “sell” rating to a “neutral” rating in a research report on Wednesday, February 18th. Oppenheimer cut their price objective on shares of STUB from $20.00 to $12.00 and set an “outperform” rating on the stock in a report on Thursday. Guggenheim reiterated a “buy” rating on shares of STUB in a research note on Tuesday, February 24th. Wall Street Zen upgraded shares of STUB from a “sell” rating to a “hold” rating in a report on Saturday. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $10.00 price target (down from $22.00) on shares of STUB in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $11.40.

STUB Stock Down 7.0%

STUB stock opened at $8.29 on Monday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.04 and a quick ratio of 1.03. The company has a market capitalization of $3.05 billion and a PE ratio of -13.82. STUB has a 12-month low of $8.06 and a 12-month high of $27.89.

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

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.

Hedge Funds Weigh In On STUB

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

STUB Company Profile

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.