StubHub Launches IPO Roadshow Ahead of NYSE Listing

Lead StubHub Holdings kicked off its initial public offering roadshow today, offering 34,042,553 Class A shares at $22-$25 each and targeting up to $851 million in proceeds under the NYSE ticker STUB.

Nut Graf The roadshow, led by J.P. Morgan and Goldman Sachs, marks the ticket marketplace’s return to public markets after a postponed IPO earlier this year and sets the stage for a mid-September debut that could value StubHub at roughly $9.2 billion.

Roadshow Details

• Share offering and price range: 34,042,553 shares at $22.00-$25.00 per share
• Underwriter option: 30-day option to purchase up to 5,106,382 additional shares
• Lead managers: J.P. Morgan and Goldman Sachs, with support from BofA Securities, Evercore ISI, BMO Capital Markets and others

Background and Market Context StubHub originally filed for its IPO in March but paused in April due to market volatility tied to U.S. tariffs. The relaunch follows Q1 revenue growth of 10% to $397.6 million and widened net losses of $35.9 million, underscoring both growth momentum and operational challenges.

Industry Significance The offering represents one of the largest consumer-tech IPOs this autumn and provides a gauge for investor appetite in secondary ticketing. StubHub’s dual-class structure will allow existing owners to retain voting control while tapping public capital to expand its global footprint and invest in AI-driven matching technology.

Next Steps Investor presentations continue this week, with final pricing and first-day trading expected in mid-September, pending NYSE approval.