Tearsheet

Stubhub (STUB)


Market Price (12/5/2025): $12.02 | Market Cap: $4.0 Bil
Sector: Communication Services | Industry: Interactive Media & Services

Stubhub (STUB)


Market Price (12/5/2025): $12.02
Market Cap: $4.0 Bil
Sector: Communication Services
Industry: Interactive Media & Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Online Marketplaces, Experiential Retail, Show more.
 
0 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Online Marketplaces, Experiential Retail, Show more.

Valuation, Metrics & Events

STUB Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are five key points explaining StubHub's stock movement from August 31, 2025, to today: 1. StubHub's IPO Debut Below Expected Price. The company went public on September 17, 2025, listing on the NYSE under the ticker "STUB." Shares fell below the initial public offering price of $23.50 on its debut day, indicating a potentially cautious reception from investors.

2. Completion of the viagogo Merger and International Divestiture. Just before its IPO, on September 8, 2025, StubHub announced the completion of its merger with viagogo. A condition of this merger was the divestiture of StubHub's international business, resulting in separate North American and international platforms. This strategic restructuring, which altered the company's global operational scope, might have influenced investor outlook.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
STUB Return------ 
Peers Return37%11%-17%13%-4%-5%29%
S&P 500 Return16%27%-19%24%23%17%112%

Monthly Win Rates [3]
STUB Win Rate-----100% 
Peers Win Rate15%18%13%22%13%50% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
STUB Max Drawdown------ 
Peers Max Drawdown-9%-12%-20%-7%-16%-14% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: Z, ZIP, GIBO, STUB, WSHP.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/4/2025 (YTD)

How Low Can It Go

STUB has limited trading history. Below is the Communication Services sector ETF (XLC) in its place.

Unique KeyEventXLCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-47.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven89.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven602 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-30.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven43.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven112 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven32.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven326 days120 days

Compare to


In The Past

The Communication Services Select Sector SPDR Fund's stock fell -47.2% during the 2022 Inflation Shock from a high on 9/1/2021. A -47.2% loss requires a 89.5% gain to breakeven.

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Asset Allocation

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About Stubhub (STUB)

Trade Ideas

Select past ideas related to STUB. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PINS_11302025_Monopoly_xInd_xCD_Getting_Cheaper11302025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
4.9%4.9%0.0%
TMUS_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025TMUST-Mobile USMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%-1.2%
Z_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ZZillowMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
6.8%6.8%0.0%
IRDM_11072025_Dip_Buyer_High_CFO_Margins_ExInd_DE11072025IRDMIridium CommunicationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
2.1%2.1%-5.6%
TTD_10032025_Dip_Buyer_High_CFO_Margins_ExInd_DE10032025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-25.1%-25.1%-25.6%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PINS_11302025_Monopoly_xInd_xCD_Getting_Cheaper11302025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
4.9%4.9%0.0%
TMUS_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025TMUST-Mobile USMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%-1.2%
Z_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ZZillowMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
6.8%6.8%0.0%
IRDM_11072025_Dip_Buyer_High_CFO_Margins_ExInd_DE11072025IRDMIridium CommunicationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
2.1%2.1%-5.6%
TTD_10032025_Dip_Buyer_High_CFO_Margins_ExInd_DE10032025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-25.1%-25.1%-25.6%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Stubhub

Peers to compare with:

Financials

STUBZZIPGIBOWSHPMedian
NameStubhub Zillow ZipRecru.GIBO WeShop  
Mkt Price11.9375.525.30-134.6043.72
Mkt Cap-18.30.5--9.4
Rev LTM-2,483448--1,466
Op Inc LTM--90-27---59
FCF LTM-1498--78
FCF 3Y Avg-18756--122
CFO LTM-41816--217
CFO 3Y Avg-38766--226

Growth & Margins

STUBZZIPGIBOWSHPMedian
NameStubhub Zillow ZipRecru.GIBO WeShop  
Rev Chg LTM-15.2%-10.1%--2.5%
Rev Chg 3Y Avg-7.0%-20.7%---6.9%
Rev Chg Q-16.4%-1.8%--7.3%
QoQ Delta Rev Chg LTM-4.0%-0.5%--1.8%
Op Mgn LTM--3.6%-6.1%---4.9%
Op Mgn 3Y Avg--8.5%3.6%---2.5%
QoQ Delta Op Mgn LTM-1.9%-0.4%--0.8%
CFO/Rev LTM-16.8%3.5%--10.2%
CFO/Rev 3Y Avg-17.8%10.9%--14.4%
FCF/Rev LTM-6.0%1.8%--3.9%
FCF/Rev 3Y Avg-8.8%9.2%--9.0%

Valuation

STUBZZIPGIBOWSHPMedian
NameStubhub Zillow ZipRecru.GIBO WeShop  
Mkt Cap-18.30.5--9.4
P/S-7.50.8--4.2
P/EBIT--2,333.9-46.1---1,190.0
P/E--583.5-8.5---296.0
P/CFO-44.723.1--33.9
Total Yield--0.2%-11.8%---6.0%
Dividend Yield-0.0%0.0%--0.0%
FCF Yield 3Y Avg-1.4%5.6%--3.5%
D/E-0.01.5--0.8
Net D/E--0.10.4--0.2

Returns

STUBZZIPGIBOWSHPMedian
NameStubhub Zillow ZipRecru.GIBO WeShop  
1M Rtn-30.3%3.4%29.3%--3.4%
3M Rtn--9.8%2.3%---3.7%
6M Rtn-8.2%-16.4%---4.1%
12M Rtn--8.4%-35.8%---22.1%
3Y Rtn-101.2%-66.5%--17.3%
1M Excs Rtn-31.6%2.1%28.0%--2.1%
3M Excs Rtn--19.9%1.9%---9.0%
6M Excs Rtn--7.3%-31.9%---19.6%
12M Excs Rtn--23.2%-54.2%---38.7%
3Y Excs Rtn-40.6%-139.3%---49.3%

Financials

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity20,904,361
Short Interest: % Change Since 103120259.5%
Average Daily Volume4,044,412
Days-to-Cover Short Interest5.17
Basic Shares Quantity329,060,541
Short % of Basic Shares6.4%

SEC Filings

Expand for More

Report DateFiling DateFiling
123120249082025S-1/A 12/31/2024
123120238222024DRS/A 12/31/2023