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J.P. Morgan Reaffirms Their Hold Rating on StubHub Holdings Incorporation Class A (STUB)

Tipranks - Tipranks - Wed Mar 11, 2:58AM CDT

J.P. Morgan analyst Doug Anmuth maintained a Hold rating on StubHub Holdings Incorporation Class A yesterday and set a price target of $10.00. The company’s shares closed yesterday at $8.23.

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Anmuth covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Alphabet Class C. According to TipRanks, Anmuth has an average return of 15.9% and a 58.33% success rate on recommended stocks.

In addition to J.P. Morgan, StubHub Holdings Incorporation Class A also received a Hold from Craig-Hallum’s Ryan Sigdahl in a report issued yesterday. However, on March 5, Goldman Sachs reiterated a Buy 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 December 31, the company reported a quarterly revenue of $449.17 million and a GAAP net loss of $535.31 million. In comparison, last year the company earned a revenue of $533.41 million and had a net profit of $54.19 million

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