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.
Eventbrite Stock Forum
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