Eventbrite Intrinsic Stock Value – Eventbrite Blocks Callers Asking About Pro-Hamas Listings
November 3, 2023
🌧️Trending News
Eventbrite ($NYSE:EB), a leading online event management and ticketing platform, has recently declared that they will no longer be taking calls from those asking about listings which support Hamas, an organization considered to be a terrorist group by many countries. This decision was made in an effort to uphold the safety and security of their users as well as maintain their platform’s neutrality towards political issues. From tech conferences to large-scale music festivals, Eventbrite has something for everyone.
As a publicly-traded company on the New York Stock Exchange, Eventbrite has seen incredible success and growth since its inception. They continue to strive towards bettering the experience of their millions of users worldwide.
Share Price
On Tuesday, EVENTBRITE experienced a small spike in their stock price, opening at $8.3 and closing at $8.3, up 0.6% from the prior closing price of $8.2. This was due to EVENTBRITE taking action to block callers asking about listings with ties to Hamas and its affiliates. EVENTBRITE has been monitoring listings closely as part of their usual process, which includes evaluation of terms and conditions to ensure they adhere to their company policies. They have been actively blocking callers asking about listings associated with Hamas and its affiliates, emphasizing that the company does not tolerate any content that seeks to promote hate or violence against any community or population. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Eventbrite. More…
| Total Revenues | Net Income | Net Margin |
| 295.84 | -32.72 | -11.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Eventbrite. More…
| Operations | Investing | Financing |
| 6.03 | -155.36 | -3.78 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Eventbrite. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 912.91 | 736.5 | 1.76 |
Key Ratios Snapshot
Some of the financial key ratios for Eventbrite are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.0% | – | -6.9% |
| FCF Margin | ROE | ROA |
| -0.1% | -7.5% | -1.4% |
Analysis – Eventbrite Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of EVENTBRITE‘s financials and have determined that the intrinsic value of its share is around $22.1. This figure was calculated using our proprietary Valuation Line, which takes into account all aspects of the company’s financials in order to determine a fair market price. Currently, EVENTBRITE stock is traded at $8.3, indicating that it is undervalued by 62.5%. We believe that this presents a potential investment opportunity for those looking to take advantage of the current market conditions. More…
Peers
Its main competitors are Lightspeed Commerce Inc, Tymlez Group Ltd, Smartsheet Inc.
– Lightspeed Commerce Inc ($TSX:LSPD)
Lightspeed Commerce Inc is a provider of eCommerce solutions. The company offers a suite of tools to help businesses create and manage their online stores. These tools include a website builder, shopping cart software, order management system, and payments processing. Lightspeed also offers a range of services to help businesses with their online marketing and SEO.
The company has a market cap of 3.69B as of 2022 and a Return on Equity of -6.76%. Lightspeed Commerce is headquartered in Montreal, Canada.
– Tymlez Group Ltd ($ASX:TYM)
Tymlez Group Ltd is a provider of enterprise software solutions. Its solutions are used by organizations to develop and deploy blockchain applications. The company has a market cap of 21.77M as of 2022 and a Return on Equity of -82.23%.
The company’s solutions are used by organizations to develop and deploy blockchain applications. The company’s products are used by enterprises to build decentralized applications, smart contracts, and to manage digital assets.
– Smartsheet Inc ($NYSE:SMAR)
Smartsheet Inc is a publicly traded company with a market capitalization of 4.29 billion as of 2022. The company has a negative return on equity of 29.14%. Smartsheet is a provider of enterprise software solutions. The company’s products and services include a cloud-based platform that enables organizations to plan, track, automate, and report on work.
Summary
Eventbrite has recently taken steps to better protect their users by blocking callers who inquire about pro-Hamas listings. This is a proactive measure to ensure that customers are not exposed to potentially controversial listings and to maintain an atmosphere in which users feel safe. Eventbrite’s investment analysis generally focuses on the factors needed to assess whether an event is likely to be profitable. This includes an analysis of the target market size, the event’s potential demand, and the pricing structure.
Additionally, Eventbrite evaluates the event’s venue and other features such as customer service, security, and marketing. Finally, detailed research is conducted about the competition in order to determine how to best position the event so that it stands out from the crowd.
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