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StubHub Holdings Incorporation Class A (STUB) Receives a Hold from Guggenheim

Tipranks - Tipranks - Sat Mar 7, 1:58AM CST

In a report released yesterday, Curry Baker from Guggenheim maintained a Hold rating on StubHub Holdings Incorporation Class A, with a price target of $9.00. The company’s shares closed yesterday at $8.91.

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According to TipRanks, Baker is a 5-star analyst with an average return of 11.2% and a 57.20% success rate. Baker covers the Communication Services sector, focusing on stocks such as Genius Sports Limited, Sphere Entertainment, and StubHub Holdings Incorporation Class A.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for StubHub Holdings Incorporation Class A with a $12.50 average price target, implying a 40.29% upside from current levels. In a report released yesterday, J.P. Morgan also downgraded the stock to a Hold with a $10.00 price target.

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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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