StubHub Holdings, Inc. (STUB) Stock Price & Analysis
StubHub Holdings, Inc. (STUB) closed at USD 6.1 on Thursday, October 22, 2026, up 3.21% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 5.91; the Oct 22, 2026 session ranged USD 5.89–6.17 on volume of 3,700,218 shares. Market capitalization is $2.33B, with a 52-week range of USD 5.22–21.49 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/STUB.md
Key facts (STUB)
- Last four reported quarters (through Jun 30, 2026): revenue $1.94B, net income -$1.77B (-91.3% margin), free cash flow $634M (SEC filings).
- 1 of 80 tracked superinvestors hold STUB (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Analysts: Hold (mean 2.57 on a 1–5 scale) (14 analysts), mean target USD 10.54 (range 7–15).
- Total return with dividends: 1Y -68.2% vs S&P 500 +14.9%; 5Y -67.0% vs S&P 500 +80.3%.
- Next earnings: 2026-11-10, EPS estimate USD 0.14, revenue estimate $515M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (STUB)
| USD | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|
| Revenue | $1.37B | $1.77B | $1.75B | $1.94B |
| Operating income | $253M | $138M | -$1.34B | -$1.35B |
| Net income | $405M | -$2.8M | -$1.91B | -$1.77B |
| EPS (diluted) | $1.14 | -$0.18 | -$6.27 | — |
| Free cash flow | $306M | $260M | $191M | $634M |
| Operating margin | 18.5% | 7.8% | -77.0% | -69.7% |
| Net margin | 29.6% | -0.2% | -109.2% | -91.3% |
| Revenue growth | — | +29.5% | -1.4% | — |
| Cash + short-term investments | $776M | $1.00B | $1.24B | — |
| Total debt | — | $2.33B | $1.51B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (STUB)
P/S 1.2x · EV/Sales 1.1x · P/FCF 3.7x · P/B 1.4x · FCF yield 27.20% · Earnings yield -75.82% · Buyback yield (TTM) 0.00% · Net cash $297M · EV $2.03B
Superinvestors (SEC 13F-HR, Q2 2026) (STUB)
1 of 80 tracked investors hold STUB. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| David Einhorn | Greenlight Capital | 1.39% | $54.5M | Unchanged |
Analysts (STUB)
Consensus Hold (mean 2.57 on a 1–5 scale), 14 analysts; mean target USD 10.54 (low 7, high 15).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | Guggenheim | Target lowered | Buy | $11 → $9 |
| 2026-09-18 | Citigroup | Upgrade | Neutral → Buy | $9 → $7 |
| 2026-08-21 | TD Cowen | Target lowered | Buy | $16 → $12 |
| 2026-08-13 | Oppenheimer | Target lowered | Outperform | $12 → $11 |
| 2026-08-13 | Guggenheim | Target lowered | Buy | $12.5 → $11 |
| 2026-08-13 | Evercore ISI Group | Target lowered | Outperform | $15 → $14 |
| 2026-08-13 | B of A Securities | Downgrade | Neutral → Underperform | $11 → $7.5 |
Total return (dividends reinvested) (STUB)
| 1Y (from 2025-10-23) | 5Y (from 2025-09-15) | |
|---|---|---|
| Total return | -68.2% | -67.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -68.3% | -63.4% |
| Volatility (annualized) | 75.2% | 82.3% |
| Max drawdown | -73.7% (Oct 2025→Sep 2026) | -73.1% (Oct 2025→Sep 2026) |
STUB revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Transaction fees | $562.1M | 98.1% | +34.4% |
| Other revenue | $10.9M | 1.9% | -8.7% |
| Total revenue | $573.1M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
STUB suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Amazon (AMZN) | “We rely on the third-party cloud infrastructure services providers, such as Amazon Web Services ("AWS") and Microsoft Azure ("Azure"), to deliver our platform to our buyers and sellers, and any disruption of, or interference with, our use of these providers could adversely affect our business, financial condition and results of operations.” |
| Supplier | Microsoft (MSFT) | “We rely on the third-party cloud infrastructure services providers, such as Amazon Web Services ("AWS") and Microsoft Azure ("Azure"), to deliver our platform to our buyers and sellers, and any disruption of, or interference with, our use of these providers could adversely affect our business, financial condition and results of operations.” |
| Supplier | Apple (AAPL) | “We rely on third-party application platforms, such as the Apple App Store and Google Play Store, to enable downloads of our applications and these platforms are an important distribution channel for our applications.” |
| Supplier | Alphabet (Google) (GOOGL) | “We rely on third-party application platforms, such as the Apple App Store and Google Play Store, to enable downloads of our applications and these platforms are an important distribution channel for our applications.” |
| Partner | Madrone Partners | “We are party to a side letter regarding governance with Madrone Partners, L.P. ("Madrone") and Bessemer Venture Partners ("Bessemer"), each a holder of more than 5% of our capital stock, and Eric Baker, our Founder and Chief Executive Officer (the "Governance Side Letter").” |
Quoted from the company's 10-K filed Mar 5, 2026.
STUB company outlook (results filed Aug 12, 2026)
- “StubHub is increasing its GMS outlook and reiterating its adjusted EBITDA outlook for full year 2026: • GMS of $10.1 billion to $10.3 billion • Adjusted EBITDA 2 of $400 million to $420 million These guidance ranges constitute forward-looking statements and reflect information available to the company as of the date hereof.”
Quoted word-for-word from the SEC 8-K results press release.
STUB analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.14 | $0.15 | -9.6% | $514.6M | 4 |
| Next quarter (ends Dec 2026) | $0.13 | $0.09 | +45.6% | $488.6M | 3 |
| Current fiscal year (ends Dec 2026) | $0.54 | $0.67 | -19.0% | $2.02B | 2 |
| Next fiscal year (ends Dec 2027) | $0.61 | $0.76 | -19.4% | $2.22B | 3 |
STUB options: expected move
Options price a move of about ±17.1% (±$1.02) by Nov 13, 2026, which includes earnings on Nov 10, 2026; the earnings reaction alone is priced at about ±11.8%. Over the last 4 reports the stock moved ±14.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 65.9% | ±7.9% |
| Nov 6, 2026 | 14 | 63.5% | ±10.4% |
| Nov 13, 2026 | 21 | 86.7% | ±17.1% |
| Nov 20, 2026 | 28 | 79.3% | ±17.9% |
| Nov 27, 2026 | 35 | 79.7% | ±20.0% |
| Dec 4, 2026 | 42 | 78.9% | ±21.7% |
| Dec 18, 2026 | 56 | 78.1% | ±27.1% |
| Jan 15, 2027 | 84 | 70.7% | ±29.2% |
30-day implied volatility 74.8% vs 45.4% realized over the last 30 trading days. Put/call ratio (volume) 0.29. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 6.1 |
|---|---|
| Change | ▲ 3.21% (up) |
| Previous Close | USD 5.91 |
| Open | USD 5.89 |
| Day Range | USD 5.89 – 6.17 |
| 52-Week Range | USD 5.22 – 21.49 |
| Volume | 3,700,218 shares |
| Market Cap | $2.33B |
| Exchange | NYQ |
Technical Analysis (STUB)
Nexqual's technical model rates STUB "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 52.99 (neutral) |
| vs SMA50 | Below (USD 6.13) |
| MACD | -0.06 (negative) |
Analyst Ratings (STUB)
Wall Street analysts rate STUB "Hold" based on 14 analysts, with a mean price target of USD 10.54 (range USD 7–15), per Nexqual as of October 23, 2026 at 09:22 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 10.54 |
| High Target | USD 15 |
| Low Target | USD 7 |
| Buy / Hold / Sell | 8 / 5 / 1 |
Earnings (STUB)
| Next Earnings Date | 2026-11-10 |
|---|---|
| EPS Estimate | USD 0.14 |
| Revenue Estimate | $514.56M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.02 vs est 0.07 ▼ miss |
| 2026-03-31 | USD 0.11 vs est 0 ▲ beat |
| 2025-12-31 | USD -0.05 vs est -0.01 ▼ miss |
| 2025-09-30 | USD -4.04 vs est -2.23 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (STUB)
| Total Revenue | $1.94B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +33.20% |
| Gross Margin | +82.09% |
| Operating Margin | +3.40% |
| Profit Margin | -91.27% |
| ROE | -102.95% |
| Debt / Equity | 0.67 |
| Current Ratio | 1.04 |
| Total Cash | $1.72B |
| Total Debt | $1.40B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $634.02M (32.7% of revenue) |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financial Health Score (STUB)
Nexqual rates StubHub Holdings, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:22 UTC.
| Growth | Strong — Revenue +33% YoY (latest Q) |
|---|---|
| Profitability | Strong — Gross margin 82%, operating 3% (last 12 months) |
| Balance Sheet | Solid — $1.69B cash and investments vs $1.40B debt (Jun 2026, SEC), net cash |
| Cash Flow | Strong — FCF $634M (last 4 quarters to Jun 2026, SEC), 33% margin |
| Efficiency | Critical — ROE -103%, ROA -15.0% |
Ownership (STUB)
| Insider Ownership | +3.77% |
|---|---|
| Institutional Ownership | +80.74% |
| Shares Outstanding | 357.34M |
| Float | 304.17M |
| Short % of Float | +11.53% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Leadership (STUB)
StubHub Holdings, Inc. is led by Eric H. Baker, Founder, CEO, & Chairman, per Nexqual as of October 23, 2026 at 09:22 UTC.
| Founder, CEO, & Chairman | Eric H. Baker |
|---|---|
| Chief Legal Officer & Executive Vice Chairman | Mark A. Streams Esq. |
| President & Chief Product Officer | Nayaab Islam |
| Chief Financial Officer | Constance P. James |
| Chief Technology Officer | Artem Yegorov |
Major Backers & Investors (STUB)
Notable institutional backers of StubHub Holdings, Inc. include Madrone Advisors, LLC , Deer Management Co. LLC, Westcap Management, Llc, according to Nexqual as of October 23, 2026 at 09:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Madrone Advisors, LLC | 21.21% |
| Deer Management Co. LLC | 6.17% |
| Westcap Management, Llc | 3.9% |
| SmallCap World Fund Inc | 3.1% |
| PointState Capital LP | 2.79% |
| JPMorgan | 2.46% |
| Capital Group | 2.32% |
| StepStone Group LP | 2.12% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 3.93% |
| Vanguard Group | 2.28% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
From StubHub Holdings, Inc.'s Latest SEC 10-K Filing (filed 2026-03-05)
Key Strengths & Strategy (as disclosed to the SEC)
- In building our marketplace, we created and scaled core capabilities required to succeed in secondary ticketing: • Technology: End-to-end functionality capable of handling all types of events. • Distribution: Global distribution built to operate anywhere there is demand for live events. • Data: Data intelligence to optimize outcomes for both buyers and sellers. • Brand: Trusted brands that attract millions of participants without controlling the box office or venue access.
- We believe that by bringing our end-to-end technology, global distribution, data intelligence and trusted brands to even more categories of live events and experiences, we will capture a larger market opportunity and play an even more vital role in the ecosystem in the future.
- With the continued state adoption of internet sales tax laws and marketplace facilitator laws, more buyers will encounter sales tax for the first time on our platform in the future.
- We are in the early innings of targeting the original issuance ticketing market and bringing content rights holders to our platform.
Legal & Regulatory Risks (Item 1A, quoted)
- Our failure to comply with existing laws, rules and regulations as well as the implementation of new or changing laws, rules and regulations and other legal uncertainties, including as a result of lobbying by artists, teams and promoters, could adversely affect our business, financial condition and results of operations.
- Our platform might be used for illegal or improper purposes, all of which could expose us to additional liability, damage our brands and reputation, and harm our business.
- Failure to comply with applicable anti-money laundering and money transmission laws and regulations could harm our business and results of operations.
- Unfavorable outcomes in legal, regulatory and business disputes and proceedings, as well as unfavorable legislation, may adversely affect our business, financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ATHM | Autohome Inc. | USD 20.4 | ▲ 2.26% |
| RUM | RUM Group Inc. | USD 5.54 | ▼ 4.81% |
| DJT | Trump Media & Technology Group | USD 6.61 | ▼ 0.75% |
| CARG | CarGurus, Inc. | USD 32.73 | ▲ 4.94% |
| PPLI | People Incorporated | USD 39.58 | ▲ 1.7% |
| GENI | Genius Sports Limited | USD 6.54 | ▲ 1.71% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt