StubHub Holdings, Inc. (STUB)
NYSE NYSE Primary 
StubHub Holdings, Inc. (STUB) Q1 2026 Earnings Call Transcript
StubHub Holdings, Inc. (STUB) Q1 2026 Earnings Call Transcript
StubHub Swings to First-Quarter Profit as Sales Climb on Ticket Demand
Chief Executive Eric Baker said StubHub is seeing a healthy operating environment for both live events and its resale marketplace, and its growing scale is boosting profitability.
StubHub: The Moat Has Improved
StubHub Holdings maintains a buy rating, with its competitive moat strengthening through deeper seller workflow integration via ReachPro. STUB now commands ~50% of the North American secondary ticketing share, with ReachPro driving ~30% of POS-driven dollar volume by FY2025. The strategic shift in Direct Issuance focuses on scalable, product-led adoption, not immediate revenue, enhancing long-term growth prospects.
StubHub: More Compelling After The Drop, With Profit Expected To Rebound In 2026 (Rating Upgrade)
StubHub has fallen over 50% from IPO, now trading near $9, creating a more compelling valuation. I upgrade STUB to neutral, citing a mix of positive drivers—Direct Issuance technology, live event tailwinds—and persistent risks. Key risks include a highly competitive market, reliance on marquee events, and a heavy 4.5x net leverage ratio.
StubHub downgraded to Neutral by Wedbush after weak quarterly results
StubHub Holdings was downgraded to Neutral from Outperform by analysts at Wedbush Securities following weaker-than-expected quarterly results and reduced visibility into growth from the company's direct ticket issuance business. StubHub reported second-quarter gross merchandise sales (GMS) of about $2.3 billion, down roughly 8% year over year, missing Wedbush's estimate of a 1.1% decline and consensus expectations for a 2.8% drop.
StubHub Stock Extends Run to Record Lows
StubHub Holdings Inc (NYSE:STUB) stock is off by 15.4%, and earlier hit a record low of $8.06, after the ticketing resale platform posted a grim fourth-quarter report.
StubHub Holdings, Inc. (STUB) Q4 2025 Earnings Call Transcript
StubHub Holdings, Inc. (STUB) Q4 2025 Earnings Call Transcript
StubHub Revenue Falls, Swings to Loss
The ticket exchange platform posted a loss of $535.3 million that included a $492.9 million nonrecurring, noncash provision for income taxes during the quarter.
StubHub: A Fat Pitch With MLB Just The Start
StubHub share price has fallen significantly after its September 2025 IPO, rebounding slightly since December. Known for its reselling marketplace, StubHub now wants a piece of the Direct Issuance market. This move quadruples the current available market. Even with modest share gain in these new ventures, the company can meaningfully grow Revenue and EPS by more than +30% in the coming years.
