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Communication Services - Internet Content & Information - NASDAQ - US
$ 1.86
-1.06 %
$ 242 M
Market Cap
-62.0
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one SEAT stock under the worst case scenario is HIDDEN Compared to the current market price of 1.86 USD, Vivid Seats Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one SEAT stock under the base case scenario is HIDDEN Compared to the current market price of 1.86 USD, Vivid Seats Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one SEAT stock under the best case scenario is HIDDEN Compared to the current market price of 1.86 USD, Vivid Seats Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SEAT

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$5.0$5.0$4.5$4.5$4.0$4.0$3.5$3.5$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.5$1.0$1.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
776 M REVENUE
8.80%
42.2 M OPERATING INCOME
-48.09%
14.3 M NET INCOME
-80.81%
53.9 M OPERATING CASH FLOW
-63.40%
-26.7 M INVESTING CASH FLOW
88.15%
86.1 M FINANCING CASH FLOW
298.20%
164 M REVENUE
-17.91%
-4.32 M OPERATING INCOME
-148.85%
-9.79 M NET INCOME
-121.75%
-25.3 M OPERATING CASH FLOW
-52.92%
-7.57 M INVESTING CASH FLOW
14.97%
-11.6 M FINANCING CASH FLOW
-542.06%
Balance Sheet Vivid Seats Inc.
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Current Assets 345 M
Cash & Short-Term Investments 243 M
Receivables 48.3 M
Other Current Assets 53.4 M
Non-Current Assets 1.29 B
Long-Term Investments 6.93 M
PP&E 24.6 M
Other Non-Current Assets 1.26 B
14.88 %2.95 %3.26 %76.98 %Total Assets$1.6b
Current Liabilities 426 M
Accounts Payable 233 M
Short-Term Debt 3.95 M
Other Current Liabilities 189 M
Non-Current Liabilities 596 M
Long-Term Debt 404 M
Other Non-Current Liabilities 193 M
22.80 %18.48 %39.50 %18.84 %Total Liabilities$1.0b
EFFICIENCY
Earnings Waterfall Vivid Seats Inc.
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Revenue 776 M
Cost Of Revenue 202 M
Gross Profit 574 M
Operating Expenses 532 M
Operating Income 42.2 M
Other Expenses 27.9 M
Net Income 14.3 M
800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00776m(202m)574m(532m)42m(28m)14mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
73.97% GROSS MARGIN
73.97%
5.44% OPERATING MARGIN
5.44%
1.22% NET MARGIN
1.22%
3.61% ROE
3.61%
0.58% ROA
0.58%
2.19% ROIC
2.19%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Vivid Seats Inc.
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250m250m200m200m150m150m100m100m50m50m00(50m)(50m)202020202021202120222022202320232024202420252025
Net Income 14.3 M
Depreciation & Amortization 44.2 M
Capital Expenditures -4.23 M
Stock-Based Compensation 50.4 M
Change in Working Capital -53 M
Others -45.5 M
Free Cash Flow 49.7 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 $5.03 , with forecasts ranging from a low of $3 to a high of $8 .
SEAT Lowest Price Target Wall Street Target
3 USD 61.29%
SEAT Average Price Target Wall Street Target
5.03 USD 170.35%
SEAT Highest Price Target Wall Street Target
8 USD 330.11%
Price
Max Price Target
Min Price Target
Average Price Target
8877665544332211Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.23 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.250.250.200.200.150.150.100.100.050.050.000.000.230.2320212021
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5. COMPETITION
slide 2 of 6
6. Ownership
Insider Ownership Vivid Seats Inc.
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Sold
0-3 MONTHS
35.2 K USD 3
3-6 MONTHS
69.4 K USD 3
6-9 MONTHS
28.2 K USD 3
9-12 MONTHS
32.5 K USD 3
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
7. News
Vivid Seats: Contrarian Upside Through Take-Rate Resilience And Global Expansion We rate Vivid Seats a Strong Buy with a $5 PT, citing resilient take-rate and underappreciated international/resale segment growth as key upside drivers. The market is too focused on near-term GMV declines, missing SEAT's ability to defend a 16.3–16.8% take-rate and achieve above-consensus revenue growth. International expansion and SkyBox reseller adoption will add $15–$31mn incremental revenue by FY26E, diversifying growth and supporting margin resilience. seekingalpha.com - 3 weeks ago
Vivid Seats, Inc. (SEAT) Q1 2025 Earnings Call Transcript Vivid Seats, Inc. (NASDAQ:SEAT ) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Emily Epstein - General Counsel Stan Chia - CEO Larry Fey - CFO Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Curtis Nagle - Bank of America Merrill Lynch Thomas Forte - Maxim Group Maria Ripps - Canaccord Andrew Marok - Raymond James Dan Kurnos - The Benchmark Company Ralph Schackart - William Blair Operator Good morning and welcome to the Vivid Seats First Quarter 2025 Earnings Conference Call. Following the management's prepared remarks, we will open the call for Q&A. seekingalpha.com - 2 months ago
Vivid Seats Reports First Quarter 2025 Results CHICAGO, May 06, 2025 (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 first quarter ended March 31, 2025. globenewswire.com - 2 months ago
Vivid Seats to Report First Quarter 2025 Financial Results CHICAGO, April 24, 2025 (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 first quarter 2025 on Tuesday, May 6, 2025, 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
CEO of VW's Spanish unit SEAT steps down, report says The chairman and chief executive of Volkswagen's Spanish unit SEAT, Wayne Griffiths, is stepping down, La Vanguardia newspaper reported on Monday, citing sources close to the company. reuters.com - 3 months ago
Vivid Seats: 2025 Guidance Suggests Major Market Share Pressure (Rating Downgrade) Vivid Seats' Q4 financials met expectations with moderate marketplace volume, but strong monetization. The 2025 guidance is weak. While industry activity is improving, Vivid Seats guides stagnant GOV and revenues as competitive pressure in marketing is weakening market share prospects. Due to rising uncertainty, Vivid Seats' incredibly cheap stock valuation seems fair for now; I suggest waiting for a better immediate earnings outlook. seekingalpha.com - 3 months ago
[Corrected Press Release] Vivid Seats Reports Fourth Quarter and Full Year 2024 Results CHICAGO, March 12, 2025 (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, is re-issuing in its entirety its press release providing financial results for the full year and fourth quarter ended December 31, 2024, originally issued on March 12, 2025 at 6:30 a.m. ET, to correct the consolidated statement of cash flows attached thereto by (i) replacing the line item "Loss on extinguishment of debt" with the line item "Adjustment of liabilities under TRA" in the Cash flows from operating activities section and (ii) adding the line item "Investments in developed technology" in the Cash flows from investing activities section. globenewswire.com - 3 months ago
Vivid Seats Inc. (SEAT) Q4 2024 Earnings Conference Call Transcript Vivid Seats Inc. (NASDAQ:SEAT ) Q4 2024 Earnings Conference Call March 12, 2025 8:30 AM ET Company Participants Kate Africk - Head, IR Stan Chia - CEO Larry Fey - CFO Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Dan Kurnos - the Benchmark Company Maria Ripps - Canaccord Cameron Mansson-Perrone - Morgan Stanley Andrew Marok - Raymond James Curtis Nagle - Bank of America Jason Bazinet - Citi Thomas Forte - Maxim Group Operator Good morning and welcome to the Vivid Seats Fourth Quarter 2024 Earnings Conference Call. Following management's prepared remarks, we will open the call for Q&A. seekingalpha.com - 3 months ago
Vivid Seats Reports Fourth Quarter and Full Year 2024 Results CHICAGO, March 12, 2025 (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 full year and fourth quarter ended December 31, 2024. globenewswire.com - 3 months ago
Vivid Seats Releases Inaugural 2025 MLB Fan Loyalty Report CHICAGO, March 10, 2025 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT), 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 released its 2025 MLB Fan Loyalty Report ahead of the 2025 season. The report reflects Vivid Seats data for 2024-2025 regular seasons and reveals fan dedication to their favorite MLB teams through travel patterns and ticket demand as well as ticket trends for the upcoming season. globenewswire.com - 3 months ago
Vivid Seats to Report Fourth Quarter and Full Year 2024 Financial Results CHICAGO, March 03, 2025 (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 fourth quarter and full year 2024 on Wednesday, March 12, 2025, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET. globenewswire.com - 4 months ago
Exclusive: VW's SEAT boss warns Spanish jobs at risk if China-made EV tariff is not lowered Volkswagen's SEAT, the Spanish subsidiary of Europe's largest carmaker, will be forced to cut output and lay off around 1,500 workers if the EU does not lower its tariff on the brand's China-made electric car by the end of March, its CEO told Reuters. reuters.com - 5 months ago
8. Profile Summary

Vivid Seats Inc. SEAT

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COUNTRY US
INDUSTRY Internet Content & Information
MARKET CAP $ 242 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. Riva Bakal Chief Product & Strategy Officer Mr. Geoff Lester Chief Commercial Officer Mr. Edward Pickus Chief Accounting Officer Kate Africk Head of Investor Relations Mr. Eric Vassilatos Co-Founder Mr. Stefano Langenbacher Chief Technology Officer Ms. Emily Tabak Epstein General Counsel Ms. Sarah Doll Chief People Officer Mr. Stanley Chia Chief Executive Officer, President & Director Mr. Lawrence C. Fey IV Chief Financial Officer