StubHub: Now A Value Stock That Is Deleveraging A Heavy Balance Sheet (Upgrade)
Seeking Alpha upgraded StubHub to “Buy,” citing an improved risk-reward profile following an approximately 60% year-to-date decline. It points to the company’s ticket resale platform, primary ticketing expansion, and cost reductions as drivers of profitability and mid-20s adjusted EBITDA margins.
Why it matters — The article highlights the factors behind the upgrade, including StubHub’s scale in ticket sales and improving profitability.