STUB (NYSE:STUB – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.
Several other equities analysts also recently weighed in on the company. Weiss Ratings started coverage on STUB in a research note on Wednesday, January 14th. They issued a “sell (d-)” rating for the company. Guggenheim reiterated a “buy” rating on shares of STUB in a research report on Tuesday, February 24th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $10.00 target price (down from $22.00) on shares of STUB in a report on Thursday. Wedbush restated a “neutral” rating and issued a $10.00 price target (down from $18.00) on shares of STUB in a research report on Thursday. Finally, Citigroup raised STUB from a “sell” rating to a “neutral” rating in a research note on Wednesday, February 18th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, STUB has an average rating of “Hold” and an average target price of $11.40.
Read Our Latest Report on STUB
STUB Stock Performance
STUB (NYSE:STUB – Get Free Report) last posted its quarterly 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 firm had revenue of $449.17 million for the quarter. The business’s revenue for the quarter was down 15.8% on a year-over-year basis.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Galaxy Group Investments LLC acquired a new position in shares of STUB during the 4th quarter worth approximately $9,073,000. Empowered Funds LLC acquired a new stake in STUB during the 4th quarter valued at $1,657,000. PointState Capital LP grew its holdings in STUB by 19.9% during the 4th quarter. PointState Capital LP now owns 24,823,335 shares of the company’s stock valued at $335,860,000 after buying an additional 4,117,332 shares during the last quarter. Moore Capital Management LP purchased a new position in STUB during the fourth quarter worth $5,666,000. Finally, Engineers Gate Manager LP purchased a new position in STUB during the fourth quarter worth $161,000.
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.
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