Analyst Price Target is $6.67
▲ +89.39% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Vivid Seats in the last 3 months. The average price target is $6.67, with a high forecast of $9.00 and a low forecast of $4.00. The average price target represents a 89.39% upside from the last price of $3.52.
Current Consensus is
Moderate Buy
The current consensus among 9 investment analysts is to moderate buy stock in Vivid Seats. This Moderate Buy consensus rating has held steady for over two years.
Vivid Seats Inc. operates an online ticket marketplace in the United States, Canada, and Japan. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for sports, concerts, theater events, and other live events. This segment offers Skybox, a proprietary enterprise resource planning tool that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces; and Vivid Picks daily fantasy sports that allows users to partake in contests by making picks from various sport and player matchups. The Resale segment acquires tickets to resell on secondary ticket marketplaces; and provides internal research and development support for Skybox and to deliver seller software and tools. The company was founded in 2001 and is headquartered in Chicago, Illinois.
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