StubHub Lifts FY26 GMS Outlook to $10.1B-$10.3B
STUB sits 45% above its 52-week low of $5.74.
Summary
StubHub raised its FY26 gross merchandise sales guidance to $10.1B-$10.3B, up from prior expectations, and backed its FY26 adjusted EBITDA view of $400M to $420M. The company reported a Q1 net income turnaround to $48M and strong revenue growth, but Q2 net income was $14.6M, failing to turn a profit as costs outpaced revenue growth. Q2 revenue rose on World Cup demand, and the company still discloses material weaknesses in internal controls. This guidance increase suggests stronger-than-expected demand in the secondary ticketing market. Watch for Q2 earnings to confirm the trend.
At the time of this announcement, STUB was trading at $8.30 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $5.74 to $27.89. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.