Mixed views on Eventbrite as revenues are downgraded and losses expected to rise. Despite this, forecasts suggest faster growth than the industry. However, price targets were cut, indicating increased pessimism about the business's intrinsic value.
Eventbrite's high P/S ratio is justified by its strong forecasted revenue growth, outpacing the Interactive Media and Services industry. Investors see a remote chance of revenue deterioration, supporting the high P/S ratio. Strong revenue forecasts should keep the share price buoyant, unless analysts have erred.
The selling of shares by insiders, albeit above the current share price, may not send an encouraging signal to shareholders. The moderate level of insider ownership might suggest some alignment between management and smaller shareholders.
The continuous decrease in revenue and share price for Eventbrite raises concerns for investors, creating fear of becoming 'bagholders'. Any potential recovery would require sustained improvements in key metrics.
Pre-Market Stock Movers Gapping up $アライン・テクノロジー(ALGN.US)$ (The orthodontics company surged 14% after posting adjusted earnings late Wednesday of $2.22 per share for the second quarter, beating estimates of $2.03 per share, according to Refinitiv. Revenue for the quarter also topped estimates, and revenue guidance for the year was above analyst expectations.) $メタ・プラットフォームズ(META.US)$ (The Facebook parent jumped ne...
イベントブライトに関するコメント
コラムToday's Pre-Market Stock Movers And Top Ratings: META, MCD, CMG, LUV and More
Gapping up
$アライン・テクノロジー(ALGN.US)$
(The orthodontics company surged 14% after posting adjusted earnings late Wednesday of $2.22 per share for the second quarter, beating estimates of $2.03 per share, according to Refinitiv. Revenue for the quarter also topped estimates, and revenue guidance for the year was above analyst expectations.)
$メタ・プラットフォームズ(META.US)$
(The Facebook parent jumped ne...
まだコメントはありません