STUB (NYSE:STUB) Given New $12.00 Price Target at Oppenheimer

STUB (NYSE:STUB) had its target price trimmed by Oppenheimer from $20.00 to $12.00 in a research note published on Thursday morning,Benzinga reports. The brokerage currently has an outperform rating on the stock.

Several other research firms have also recently weighed in on STUB. Weiss Ratings assumed coverage on shares of STUB in a research note on Wednesday, January 14th. They set a “sell (d-)” rating for the company. JPMorgan Chase & Co. restated a “neutral” rating and set a $10.00 price objective (down from $22.00) on shares of STUB in a research report on Thursday. Wedbush reaffirmed a “neutral” rating and issued a $10.00 target price (down from $18.00) on shares of STUB in a report on Thursday. Citigroup upgraded STUB from a “sell” rating to a “neutral” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen cut STUB from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.40.

STUB Price Performance

Shares of STUB opened at $8.90 on Thursday. 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 has a 12-month low of $8.06 and a 12-month high of $27.89. The company has a market cap of $3.27 billion and a P/E ratio of -14.83.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Jain Global LLC bought a new stake in STUB during the fourth quarter worth approximately $10,390,000. Rubric Capital Management LP bought a new stake in shares of STUB in the 4th quarter valued at approximately $10,619,000. Galaxy Group Investments LLC purchased a new position in shares of STUB in the 4th quarter worth approximately $9,073,000. Moore Capital Management LP bought a new position in shares of STUB during the 4th quarter valued at approximately $5,666,000. Finally, Freestone Grove Partners LP bought a new position in shares of STUB during the 4th quarter valued at approximately $3,961,000.

STUB News Roundup

Here are the key news stories impacting STUB this week:

• Positive Sentiment: Valuation/upgrade — After the share price dropped more than 50% from the IPO and traded near the low single digits, at least one analyst argued the stock looks more compelling and upgraded STUB to Neutral citing expected profit recovery in 2026 and tailwinds from live events and Direct Issuance. Seeking Alpha: Upgrade
• Positive Sentiment: Institutional accumulation — Recent filings and data show large institutional buys in Q4 (several managers added multi‑million share positions), which can provide a buyer base if sentiment stabilizes. Quiver Quant: Institutional Activity
• Neutral Sentiment: Oppenheimer price‑target cut but still constructive — Oppenheimer reduced its target from $20 to $12 while maintaining an Outperform rating, signalling they see upside from current levels despite near‑term headwinds. TickerReport / Benzinga: Oppenheimer PT Cut
• Neutral Sentiment: Balance‑sheet notes — Company reported roughly $1.24B in cash and reduced total liabilities year‑over‑year; healthy cash provides runway but operating cash flow weakened materially. Quiver Quant: Financial Snapshot
• Negative Sentiment: Big earnings miss and nonrecurring tax hit — STUB reported Q4 revenue down ~15.8% YoY and EPS of −$1.56 vs. consensus ~−$0.01; the quarter included a ~$492.9M noncash tax provision that produced a ~$535M GAAP loss, driving the initial selloff. WSJ: Revenue Falls, Swings to Loss
• Negative Sentiment: Analyst downgrades and price‑target cuts — Multiple firms (Wedbush, J.P. Morgan and others) cut targets and lowered ratings/visibility after the print; Wedbush moved to Neutral and trimmed its PT to $10, while JPMorgan also cut its PT, amplifying near‑term selling pressure. MSN: Wedbush Downgrade MSN: JP Morgan Downgrade
• Negative Sentiment: Operational weakness and direct‑issuance visibility — Management flagged weaker GMS (Q2 GMS down ~8% YoY vs. expectations for a smaller decline) and less clarity on growth from Direct Issuance, raising execution risk. Proactive Investors: Wedbush Notes
• Negative Sentiment: Bearish flows and record lows — Unusual options activity (large put purchases) and the stock hitting record lows compounded selling momentum after the report. No link

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.