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Oppenheimer Sticks to Its Buy Rating for StubHub Holdings Incorporation Class A (STUB)

Tipranks - Tipranks - Fri Mar 6, 7:18AM CST

Oppenheimer analyst Jason Helfstein maintained a Buy rating on StubHub Holdings Incorporation Class A today and set a price target of $12.00.

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Helfstein covers the Communication Services sector, focusing on stocks such as Netflix, Roku, and Meta Platforms. According to TipRanks, Helfstein has an average return of -1.1% and a 41.82% success rate on recommended stocks.

In addition to Oppenheimer, StubHub Holdings Incorporation Class A also received a Buy from BMO Capital’s Brian Pitz in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on StubHub Holdings Incorporation Class A (NYSE: STUB).

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Based on StubHub Holdings Incorporation Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $468.11 million and a GAAP net loss of $1.29 billion. In comparison, last year the company earned a revenue of $433.78 million and had a GAAP net loss of $33.01 million

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