StubHub shares tumble 50% since IPO debut. The ticket marketplace platform now trades at an 11.1x EV/EBITDA multiple, presenting a potentially attractive entry point for value-oriented investors. Analysts project profit recovery beginning in 2026, driven by anticipated growth in live event demand and operational efficiency improvements. The significant pullback from post-IPO highs has repositioned the stock's valuation relative to peers in the entertainment and ticketing sectors. Key catalysts include margin expansion initiatives and market share gains during peak event seasons. However, investors should monitor macroeconomic headwinds affecting discretionary spending on live entertainment. The current valuation discount compared to historical levels suggests the market may be pricing in substantial near-term challenges that could reverse if execution improves as expected.