ST STUB StubHub Holdings, Inc. Loading... : Bullish and Bearish Analyst Opinions

StubHub stock is in a persistent downtrend, breaking below $10 for the first time since June, with an unattractive business model and negative sentiment. Thread Guy views it as a clear short opportunity with potential to go much lower.

StubHub's CEO runs a hedge fund that scalps tickets on its own platform, creating a massive conflict of interest and potential legal jeopardy. This scandal could cause the stock to drop 80-90% from current levels.

The IRL renaissance is a powerful shift: people want in‑person experiences, and Gen Z avoids drinking, making movies and live events key. StubHub is a held long (up 12%), and Madison Square Garden Entertainment and the Sphere are hitting all‑time highs as prime beneficiaries of live event demand.

StubHub is facing a wave of scam allegations around World Cup ticket sales, with social media flooded by complaints and accounts turning off comments. The negative sentiment threatens the brand and he is considering closing the long position.

He is considering selling his StubHub position because of widespread fraud accusations surrounding World Cup tickets, unanswered customer complaints, and a tarnished reputation. He originally bought for the IRL thesis but now sees the risk as too high.

Long StubHub as an event-driven trade around the World Cup final on July 19th. The speaker believes expensive final tickets will produce viral screenshots that draw attention and new buyers, potentially pushing the stock higher.

StubHub is the primary platform for event tickets, and the World Cup in the US is a huge catalyst. He thinks it may be an obvious positive that could not be fully priced in. He is watching to see if the stock makes a meaningful move as World Cup demand materializes.

StubHub is positioned to benefit from the World Cup event over the next 45 days, and the market has not front-run this catalyst, indicating that assets are trading too near-sightedly. He entered a spot position and it is already up 7%.

StubHub is entering the World Cup season over the next 45 days. The ticket marketplace is likely to rip, and the market has not front-run the catalyst, implying further upside as the event approaches.

He is personally buying tickets on StubHub and believes in the platform's growth as IRL events and ticket demand surge, leading him to take a spot position.

The 'IRL is back' trade: people are returning to real-life experiences such as movies and live events, which benefits cinema chains and ticket marketplaces. Specifically long AMC and StubHub as direct plays on this theme.

In-real-life experiences are surging. World Cup is coming to the US, NBA Finals tickets are the most expensive ever, sports are hot. Believes IRL event-related stocks will benefit and has taken sizable spot positions in AMC and StubHub.

StubHub faces significant headwinds from the FTC crackdown on Live Nation's practices that limited primary ticket scalping, reducing the supply of tickets available on StubHub. Additionally, the street's overly optimistic $1 billion EBITDA expectations were unrealistic; actual EBITDA is around $400 million. The company's direct issuance business has been walked back, and consumer spending concerns could further pressure results.