Vivid Seats (SEAT)

• Market cap: $466M
• 1 day: -0.56%
• 5 days: -0.28%
• 1 month: -10.83%
• 3 months: -10.83%
• 6 months: -31.53%
• Year to date: -42.63%
• 1 year: -53.85%
• 5 years: -72.96%
• 10 years: -72.96%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Amusement & Recreation

About: Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy events in the United States, Canada and Japan. It operates in two segments namely marketplace and resale.

Employees: 768

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

55% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 33

1.32% more ownership

Funds ownership: 86.01% [Q2] → 87.33% (+1.32%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

7% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 27

2% less funds holding

Funds holding: 129 [Q2] → 127 (-2) [Q3]

34% less capital invested

Capital invested by funds: $650M [Q2] → $426M (-$223M) [Q3]

89% less call options, than puts

Call options by funds: $525K | Put options by funds: $4.83M

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 13% upside
• Avg. target: $6.89 95% upside
• High target: $10 182% upside

9 analyst ratings

• positive: 6 67%
• neutral: 3 33%
• negative: 0 0%

RBC Capital Brad Erickson 77% 1-year accuracy 47 / 61 met price target	69% upside $6	Sector Perform Maintained	11 Nov 2024
Benchmark Daniel Kurnos 65% 1-year accuracy 51 / 79 met price target	126% upside $8	Buy Maintained	8 Nov 2024
Piper Sandler Matt Farrell 80% 1-year accuracy 12 / 15 met price target	13% upside $4	Neutral Reiterated	8 Nov 2024
Deutsche Bank Benjamin Black 67% 1-year accuracy 12 / 18 met price target	13% upside $4	Hold Maintained	4 Nov 2024
Citigroup Jason Bazinet 81% 1-year accuracy 17 / 21 met price target	154% upside $9	Buy Maintained	20 Sept 2024