StubHub shares jumped 30.5% in June 2026, driven by its first profitable quarter since the end of 2024 and a new product launch. The company reported $48 million in net income for the first quarter, reversing a year-ago loss, with revenue rising 12% to $446 million. Analyst firm Guggenheim initiated coverage on June 13 with a buy rating and a $12.50 price target, citing StubHub's leadership in ticket resales and the experience economy tailwind. StubHub also launched FestProtect, a protection platform for festival-goers, ahead of major events like Governors Ball and Lollapalooza. The 2026 FIFA World Cup, which began in mid-June across North America, provided an additional boost as StubHub flagged the tournament as a tier-one event for its platform. Despite the monthly gain, the stock remains more than 45% below its September 2025 IPO closing price.
StubHub Holdings, Inc.First profitable quarter since 2024 and analyst initiation with buy rating