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Communication Services - Internet Content & Information - NASDAQ - US
$ 4.78
-1.44 %
$ 629 M
Market Cap
-53.11
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one SEAT stock under the worst case scenario is HIDDEN Compared to the current market price of 4.78 USD, Vivid Seats Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one SEAT stock under the base case scenario is HIDDEN Compared to the current market price of 4.78 USD, Vivid Seats Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one SEAT stock under the best case scenario is HIDDEN Compared to the current market price of 4.78 USD, Vivid Seats Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
713 M REVENUE
18.76%
81.3 M OPERATING INCOME
4.14%
74.5 M NET INCOME
5.31%
147 M OPERATING CASH FLOW
924.83%
-226 M INVESTING CASH FLOW
-1363.78%
-43.4 M FINANCING CASH FLOW
81.63%
187 M REVENUE
-5.91%
10.8 M OPERATING INCOME
-5.67%
9.2 M NET INCOME
966.92%
-19.2 M OPERATING CASH FLOW
-39.24%
-7.29 M INVESTING CASH FLOW
-38.57%
-6.84 M FINANCING CASH FLOW
-6.88%
Balance Sheet Vivid Seats Inc.
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Current Assets 246 M
Cash & Short-Term Investments 125 M
Receivables 58.5 M
Other Current Assets 62 M
Non-Current Assets 1.3 B
Long-Term Investments 2.87 M
PP&E 20 M
Other Non-Current Assets 1.28 B
Current Liabilities 488 M
Accounts Payable 258 M
Short-Term Debt 3.93 M
Other Current Liabilities 226 M
Non-Current Liabilities 476 M
Long-Term Debt 281 M
Other Non-Current Liabilities 195 M
EFFICIENCY
Earnings Waterfall Vivid Seats Inc.
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Revenue 713 M
Cost Of Revenue 182 M
Gross Profit 531 M
Operating Expenses 446 M
Operating Income 81.3 M
Other Expenses 6.8 M
Net Income 74.5 M
RATIOS
74.44% GROSS MARGIN
74.44%
11.41% OPERATING MARGIN
11.41%
10.46% NET MARGIN
10.46%
70.98% ROE
70.98%
4.81% ROA
4.81%
34.72% ROIC
34.72%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Vivid Seats Inc.
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Net Income 74.5 M
Depreciation & Amortization 18 M
Capital Expenditures -895 K
Stock-Based Compensation 27.6 M
Change in Working Capital 36.2 M
Others 43 M
Free Cash Flow 135 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Vivid Seats Inc.
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Wall Street analysts predict an average 1-year price target for SEAT of $6.03 , with forecasts ranging from a low of $4.2 to a high of $8 .
SEAT Lowest Price Target Wall Street Target
4.2 USD -12.13%
SEAT Average Price Target Wall Street Target
6.03 USD 26.12%
SEAT Highest Price Target Wall Street Target
8 USD 67.36%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.23 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Vivid Seats Inc.
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Sold
0-3 MONTHS
28.2 K USD 3
3-6 MONTHS
32.5 K USD 3
6-9 MONTHS
32.6 K USD 3
9-12 MONTHS
218 K USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Dec 12, 2024
Sell 2.57 K USD
Pickus Edward
Chief Accounting Officer
- 746
3.44 USD
1 month ago
Dec 12, 2024
Sell 11 K USD
Bakal Riva
Chief Strategy Officer
- 3186
3.44 USD
2 months ago
Nov 13, 2024
Sell 5.43 K USD
Epstein Emily T
General Counsel
- 1382
3.93 USD
2 months ago
Oct 21, 2024
Sell 2.22 K USD
Pickus Edward
Chief Accounting Officer
- 542
4.09 USD
2 months ago
Oct 21, 2024
Sell 7.08 K USD
Bakal Riva
Chief Strategy Officer
- 1730
4.09 USD
4 months ago
Sep 12, 2024
Sell 12.5 K USD
Bakal Riva
Chief Strategy Officer
- 3100
4.03 USD
4 months ago
Sep 12, 2024
Sell 2.93 K USD
Pickus Edward
Chief Accounting Officer
- 726
4.03 USD
5 months ago
Aug 13, 2024
Sell 5.2 K USD
Epstein Emily T
General Counsel
- 1382
3.76 USD
5 months ago
Jul 22, 2024
Sell 9.03 K USD
Bakal Riva
Chief Strategy Officer
- 1717
5.26 USD
5 months ago
Jul 22, 2024
Sell 2.82 K USD
Pickus Edward
Chief Accounting Officer
- 537
5.26 USD
7 months ago
Jun 12, 2024
Sell 11.1 K USD
Bakal Riva
Chief Strategy Officer
- 2051
5.42 USD
7 months ago
Jun 12, 2024
Sell 3.93 K USD
Pickus Edward
Chief Accounting Officer
- 725
5.42 USD
8 months ago
May 13, 2024
Sell 7.66 K USD
Epstein Emily T
General Counsel
- 1381
5.55 USD
8 months ago
Apr 22, 2024
Sell 6.7 K USD
Bakal Riva
Chief Strategy Officer
- 1136
5.9 USD
8 months ago
Apr 22, 2024
Sell 3.17 K USD
Pickus Edward
Chief Accounting Officer
- 537
5.9 USD
10 months ago
Mar 12, 2024
Sell 169 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 29588
5.71 USD
10 months ago
Mar 12, 2024
Sell 4.14 K USD
Pickus Edward
Chief Accounting Officer
- 725
5.71 USD
10 months ago
Mar 12, 2024
Sell 11.7 K USD
Bakal Riva
Chief Strategy Officer
- 2051
5.71 USD
11 months ago
Feb 13, 2024
Sell 9.55 K USD
Epstein Emily T
General Counsel
- 1619
5.9 USD
11 months ago
Jan 22, 2024
Sell 12.2 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 2125
5.72 USD
11 months ago
Jan 22, 2024
Sell 7.68 K USD
Bakal Riva
Chief Strategy Officer
- 1342
5.72 USD
11 months ago
Jan 22, 2024
Sell 3.63 K USD
Pickus Edward
Chief Accounting Officer
- 634
5.72 USD
1 year ago
Dec 12, 2023
Sell 20.3 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 2915
6.95 USD
1 year ago
Dec 12, 2023
Sell 5.01 K USD
Pickus Edward
Chief Accounting Officer
- 721
6.95 USD
1 year ago
Dec 12, 2023
Sell 147 M USD
Hoya Topco, LLC
10 percent owner
- 23575000
6.24 USD
1 year ago
Dec 12, 2023
Sell 14.2 K USD
Bakal Riva
Chief Strategy Officer
- 2039
6.95 USD
1 year ago
Nov 13, 2023
Sell 39.8 K USD
Epstein Emily T
General Counsel
- 5447
7.31 USD
1 year ago
Oct 20, 2023
Sell 3.18 K USD
Pickus Edward
Chief Accounting Officer
- 537
5.93 USD
1 year ago
Oct 20, 2023
Sell 10.6 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 1792
5.93 USD
1 year ago
Oct 20, 2023
Sell 6.74 K USD
Bakal Riva
Chief Strategy Officer
- 1137
5.93 USD
1 year ago
Sep 12, 2023
Sell 20 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 2950
6.77 USD
1 year ago
Sep 12, 2023
Sell 4.94 K USD
Pickus Edward
Chief Accounting Officer
- 730
6.77 USD
1 year ago
Sep 12, 2023
Sell 14 K USD
Bakal Riva
Chief Strategy Officer
- 2063
6.77 USD
1 year ago
Jul 20, 2023
Sell 14.9 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 1804
8.25 USD
1 year ago
Jul 20, 2023
Sell 4.46 K USD
Pickus Edward
Chief Accounting Officer
- 541
8.25 USD
1 year ago
Jul 20, 2023
Sell 9.44 K USD
Bakal Riva
Chief Strategy Officer
- 1144
8.25 USD
1 year ago
Jun 15, 2023
Sell 18.4 M USD
Hoya Topco, LLC
10 percent owner
- 2400000
7.68 USD
1 year ago
Jun 12, 2023
Sell 22.7 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 2905
7.82 USD
1 year ago
Jun 12, 2023
Sell 5.63 K USD
Pickus Edward
Chief Accounting Officer
- 720
7.82 USD
1 year ago
Jun 12, 2023
Sell 15.9 K USD
Bakal Riva
Chief Strategy Officer
- 2037
7.82 USD
1 year ago
Jun 08, 2023
Sell 96.9 K USD
Dixon Craig A.
Director
- 12500
7.75 USD
1 year ago
May 22, 2023
Sell 123 M USD
Hoya Topco, LLC
10 percent owner
- 16000000
7.68 USD
1 year ago
Apr 20, 2023
Sell 13.2 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 1801
7.34 USD
1 year ago
Apr 20, 2023
Sell 3.97 K USD
Pickus Edward
Chief Accounting Officer
- 541
7.34 USD
1 year ago
Apr 20, 2023
Sell 8.4 K USD
Bakal Riva
Chief Strategy Officer
- 1145
7.34 USD
1 year ago
Mar 13, 2023
Sell 82.8 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 11757
7.04 USD
1 year ago
Mar 13, 2023
Sell 20.4 K USD
Pickus Edward
Chief Accounting Officer
- 2893
7.04 USD
1 year ago
Mar 13, 2023
Sell 58 K USD
Bakal Riva
Chief Strategy Officer
- 8243
7.04 USD
1 year ago
Jan 20, 2023
Sell 16.7 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 2124
7.88 USD
1 year ago
Jan 20, 2023
Sell 4.99 K USD
Pickus Edward
Chief Accounting Officer
- 633
7.88 USD
1 year ago
Jan 20, 2023
Sell 10.6 K USD
Bakal Riva
Chief Strategy Officer
- 1341
7.88 USD
2 years ago
Dec 29, 2022
Sell 36.7 K USD
Dixon Craig A.
Director
- 4889
7.5 USD
2 years ago
Oct 20, 2022
Sell 13.9 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 1798
7.72 USD
2 years ago
Oct 20, 2022
Sell 4.16 K USD
Pickus Edward
Chief Accounting Officer
- 539
7.72 USD
2 years ago
Oct 20, 2022
Sell 3.45 K USD
Morris David E.
General Counsel
- 447
7.72 USD
2 years ago
Oct 20, 2022
Sell 8.81 K USD
Bakal Riva
Chief Strategy Officer
- 1141
7.72 USD
2 years ago
Oct 04, 2022
Sell 0 USD
Boehly Todd L
Director
- 2500000
0 USD
2 years ago
Oct 04, 2022
Sell 24.4 M USD
Eldridge Industries, LLC
10 percent owner
- 2500000
9.77 USD
2 years ago
Jul 19, 2022
Sell 15.1 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 1792
8.44 USD
2 years ago
Jul 19, 2022
Sell 4.53 K USD
Pickus Edward
Chief Accounting Officer
- 537
8.44 USD
2 years ago
Jul 19, 2022
Sell 3.76 K USD
Morris David E.
General Counsel
- 446
8.44 USD
2 years ago
Jul 19, 2022
Sell 9.6 K USD
Bakal Riva
Chief Strategy Officer
- 1137
8.44 USD
2 years ago
Apr 19, 2022
Sell 18.5 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 1790
10.35 USD
2 years ago
Apr 19, 2022
Sell 5.43 K USD
Pickus Edward
Chief Accounting Officer
- 525
10.35 USD
2 years ago
Apr 19, 2022
Sell 4.61 K USD
Morris David E.
General Counsel
- 445
10.35 USD
2 years ago
Apr 19, 2022
Sell 11.8 K USD
Bakal Riva
SVP, Strategy & Product
- 1136
10.35 USD
2 years ago
Mar 14, 2022
Bought 296 K USD
DeFlorio Jane E.
director:
+ 28000
10.57 USD
2 years ago
Jan 20, 2022
Sell 14.2 K USD
Bakal Riva
SVP, Strategy & Product
- 1351
10.4993 USD
2 years ago
Jan 20, 2022
Sell 22.5 K USD
Wagner Jonathan Miles
Chief Technology Officer
- 2139
10.5004 USD
2 years ago
Jan 20, 2022
Sell 6.7 K USD
Pickus Edward
Chief Accounting Officer
- 638
10.5007 USD
2 years ago
Jan 20, 2022
Sell 5.61 K USD
Morris David E.
General Counsel
- 534
10.4987 USD
3 years ago
Dec 14, 2021
Sell 365 M USD
SECURITY BENEFIT LIFE INSURANCE CO /KS/
10 percent owner
- 36507173
10 USD
7. News
Vivid Seats an attractive takeover opportunity despite recent stock rally, analysts believe Vivid Seats (NASDAQ:SEAT) remains an attractive takeover target for private equity firms despite the recent rally in its share price, analysts at Citi believe. Earlier this week, it was reported that Vivid Seats is exploring a sale and working with an advisor to gauge interest from potential buyers. proactiveinvestors.com - 2 weeks ago
Vivid Seats: GOV Slowdown Clouds Growth Vivid Seats has faced a marketplace GOV slowdown due to slower industry activity in 2024, tracking competitor Live Nation's similar decline. FTC is aiming to ban hidden fees in the purchase process, which could hurt Vivid Seats' industry. The potential ban's effects on Vivid Seats remain uncertain, though. Given a mid-term recovery with better industry activity, SEAT stock remains valued incredibly attractively. I estimate 76% upside to a fair value of $6.58. seekingalpha.com - 3 weeks ago
Vivid Seats to Participate in Raymond James 2024 TMT & Consumer Conference CHICAGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that Stan Chia, Chief Executive Officer, will be presenting at Raymond James 2024 TMT & Consumer Conference on Tuesday, December 10, 2024 at 9:20 a.m. ET. globenewswire.com - 1 month ago
Vivid Seats Inc. (SEAT) Q3 2024 Earnings Call Transcript Vivid Seats Inc. (NASDAQ:SEAT ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Kate Africk - Head, Investor Relations Stan Chia - Chief Executive Officer Larry Fey - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James Maria Ripps - Canaccord Ryan Sigdahl - Craig-Hallum Capital Group Daniel Kurnos - The Benchmark Company Cameron Mansson-Perrone - Morgan Stanley Thomas Forte - the Maxim Group Ralph Schackart - William Blair Operator Good morning, and welcome to the Vivid Seats Third Quarter 2024 Earnings Conference Call. Following management's prepared remarks, we will open the call for Q&A. seekingalpha.com - 2 months ago
Vivid Seats Reports Third Quarter 2024 Results Disciplined Execution with Synergy Realization and New Product Roll-outs Disciplined Execution with Synergy Realization and New Product Roll-outs globenewswire.com - 2 months ago
Adam Stewart Appointed to Vivid Seats' Board of Directors CHICAGO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced the effective date of the appointment of Adam Stewart to its Board of Directors is November 1, 2024. Stewart has also been appointed to Vivid Seats' Nominating and Corporate Governance Committee. He joins Vivid Seats' Board with extensive Media and Entertainment experience, including nearly two decades at Google, where he currently serves as Vice President, Consumer, Government & Entertainment. globenewswire.com - 2 months ago
Vivid Seats to Report Third Quarter 2024 Financial Results CHICAGO, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, will report financial results for the third quarter 2024 on Thursday, November 7, 2024, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET. globenewswire.com - 2 months ago
Vivid Seats' Game Center Debuts “Leagues” for NFL Season Vivid Seats announces new feature upgrades to Game Center, the brand's innovative, in-app free-to-play product, including Leagues, Pick It, and Trivia. globenewswire.com - 4 months ago
Vivid Seats Announces Exclusive Multiyear Media Partnership with I Am Athlete Six-time Pro Bowler and sports media trailblazer Brandon Marshall to debut new show "I Am Athlete Daily” set to launch in September globenewswire.com - 4 months ago
Vivid Seats Inc. (SEAT) Q2 2024 Earnings Call Transcript Vivid Seats Inc. (NASDAQ:SEAT ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Kate Africk - Head, Investor Relations Stan Chia - Chief Executive Officer Larry Fey - Chief Financial Officer Conference Call Participants Tom White - D.A. Davidson Ralph Schackart - William Blair Curtis Nagle - BofA Ryan Sigdahl - Craig-Hallum Capital Group Cameron Mansson-Perrone - Morgan Stanley Thomas Forte - Maxim Group Dan Kurnos - The Benchmark Company Andrew Marok - Raymond James Maria Ripps - Canaccord Jason Bazinet - Citi Operator Good morning. seekingalpha.com - 5 months ago
Vivid Seats Delivers Strong Second Quarter Results CHICAGO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today provided financial results for the second quarter ended June 30, 2024. "In the second quarter we executed with discipline, delivering great results while opportunistically leveraging our unique assets and capabilities," said Stan Chia, Vivid Seats CEO. globenewswire.com - 5 months ago
Vivid Seats: Growth Momentum Is Severely Undervalued Due To Margin Concerns (Rating Upgrade) Vivid Seats has continued reporting good revenue growth momentum after the prior acquisitions, with the company anticipating years of double-digit growth. Cost control has been worse in recent quarters, pushing earnings down and acting as a considerable risk. Extensive share repurchases should drive great shareholder value. seekingalpha.com - 5 months ago
8. Profile Summary

Vivid Seats Inc. SEAT

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COUNTRY US
INDUSTRY Internet Content & Information
MARKET CAP $ 629 M
Dividend Yield 0.00%
Description Vivid Seats Inc. operates as an online secondary marketplace for tickets in the United States and Canada. 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 live sports, concerts, and theater shows, 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. 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.
Contact 111 North Canal Street, Chicago, IL, 60606 https://www.vividseats.com
IPO Date Oct. 20, 2021
Employees 768
Officers Ms. Sarah Doll Chief People Officer Ms. Emily Tabak Epstein General Counsel Mr. Jerry Bednyak Co-Founder Mr. Geoff Lester Chief Commercial Officer Mr. Stanley Chia Chief Executive Officer, President & Director Mr. Edward Pickus Chief Accounting Officer Mr. Stefano Langenbacher Chief Technology Officer Mr. Eric Vassilatos Co-Founder Kate Africk Head of Investor Relations Mr. Lawrence C. Fey IV Chief Financial Officer