Stock Track | StubHub Holdings Soars 20.28% Intraday on Strong Q1 Earnings Beat and Analyst Price Target Increases

Stock Track
May 14

StubHub Holdings' stock soared 20.28% during Thursday's intraday trading session, marking a significant surge for the ticketing company.

The dramatic price increase follows the release of StubHub's first-quarter 2026 financial results, which significantly exceeded analyst expectations. The company reported quarterly earnings of $0.06 per share, beating estimates by a wide margin and marking a substantial improvement from a loss of $0.12 per share in the same period last year. Revenue climbed 12% year-over-year to $446 million, also surpassing consensus estimates.

Adding to the positive sentiment, Morgan Stanley raised its price target on StubHub to $8.75 from $8.25 while maintaining an Equal-Weight rating. The strong earnings performance was driven by healthy trends in live events and the resale marketplace, with gross merchandise sales rising 7% to $2.2 billion and adjusted EBITDA increasing 50% to $72.1 million. Management reiterated its full-year financial outlook, expressing confidence in continued growth.

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