STUB (NYSE:STUB) Shares Gap Up on Earnings Beat

STUB (NYSE:STUBGet Free Report)’s stock price gapped up before the market opened on Thursday following a stronger than expected earnings report. The stock had previously closed at $7.52, but opened at $8.90. STUB shares last traded at $9.0310, with a volume of 4,543,665 shares.

The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.07. The company had revenue of $446.05 million during the quarter. The firm’s revenue was up 12.2% compared to the same quarter last year.

Key Stories Impacting STUB

Here are the key news stories impacting STUB this week:

  • Positive Sentiment: StubHub reported first-quarter EPS of $0.06, beating expectations for a loss, while revenue rose 12.2% year over year to $446.05 million, signaling stronger-than-expected demand across live events and resale. StubHub Announces First Quarter 2026 Results
  • Positive Sentiment: Management said the business is seeing a healthy operating environment and that scale is improving profitability, which may support confidence in continued margin expansion. StubHub Swings to First-Quarter Profit as Sales Climb on Ticket Demand
  • Neutral Sentiment: Morgan Stanley raised its price target to $8.75 from $8.25, but kept an “equal weight” rating, suggesting a more cautious view despite the improved outlook.
  • Negative Sentiment: Insider Scott Michael Fitzgerald sold 1,613 shares, adding a small headwind to sentiment, though the sale was modest relative to his remaining stake. Scott Michael Fitzgerald Sells 1,613 Shares of STUB (NYSE:STUB) Stock

Wall Street Analyst Weigh In

STUB has been the subject of several recent analyst reports. Wedbush reiterated a “neutral” rating and set a $10.00 price objective (down from $18.00) on shares of STUB in a research note on Thursday, March 5th. Morgan Stanley upped their target price on shares of STUB from $8.25 to $8.75 and gave the stock an “equal weight” rating in a report on Thursday. Guggenheim dropped their target price on shares of STUB from $9.00 to $7.50 and set a “neutral” rating for the company in a research report on Wednesday, March 25th. Weiss Ratings assumed coverage on shares of STUB in a report on Wednesday, January 14th. They set a “sell (d-)” rating for the company. Finally, Citigroup upgraded shares of STUB from a “sell” rating to a “neutral” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $10.46.

Read Our Latest Analysis on STUB

Insider Buying and Selling at STUB

In other news, insider Scott Michael Fitzgerald sold 28,387 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $7.66, for a total value of $217,444.42. Following the completion of the sale, the insider directly owned 77,961 shares in the company, valued at approximately $597,181.26. This trade represents a 26.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold 31,619 shares of company stock valued at $240,178 in the last three months.

Institutional Investors Weigh In On STUB

A number of hedge funds have recently added to or reduced their stakes in STUB. Pittenger & Anderson Inc. acquired a new stake in STUB in the 1st quarter valued at about $34,000. Garner Asset Management Corp acquired a new position in shares of STUB during the fourth quarter worth approximately $92,000. The Manufacturers Life Insurance Company bought a new stake in shares of STUB during the fourth quarter valued at approximately $143,000. International Assets Investment Management LLC bought a new stake in shares of STUB during the fourth quarter valued at approximately $149,000. Finally, Lido Advisors LLC acquired a new stake in shares of STUB in the first quarter valued at approximately $69,000.

STUB Stock Up 19.4%

The company has a current ratio of 1.04, a quick ratio of 1.03 and a debt-to-equity ratio of 1.27. The firm’s fifty day moving average is $7.20. The company has a market capitalization of $3.20 billion and a price-to-earnings ratio of -13.58.

About STUB

(Get Free Report)

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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