StubHub rises as brokerages initiate with bullish views

Stubhub Holdings

13/10/2025 15:00

Updates

** Shares of ticket-selling platform StubHub STUB.N up 6% in early morning trading

** At least eight brokerages initiate coverage with largely bullish ratings as post-IPO research quiet period ends

** StubHub raised nearly $800 million in its September 17 IPO

** J.P.Morgan expects meaningful revenue acceleration and profit improvement in 2026, led by core resale

** J.P.Morgan and Goldman Sachs led a 14-firm underwriting syndicate for the IPO

** Evercore ISI says "through its well-established, dominant position in the secondary ticketing market, StubHub will be able to establish a formidable entry into the materially larger primary ticketing market"

** Its current trading price of $19.78 is lower than the IPO price of $23.5

** Following are some of the ratings and PTs on the stock:

Brokerage
Rating
PT
J.P.Morgan
Overweight
$24
Evercore ISI
Outperform
$29
BofA Global Research
Buy
$25
TD Cowen
Buy
$28
Wedbush
Outperform
$25
Mizuho
Outperform
$24

(Reporting by Kanchana Chakravarty and Joel Jose in Bengaluru)

((Kanchana.Chakravarty@thomsonreuters.com))