Bank of America Securities Downgrades Vivid Seats to Sell with $20 Price Target

Bank of America Securities analyst Curtis Nagle maintains a Sell rating on Vivid Seats with a $20 price target. The analyst consensus is a Moderate Buy with an average price target of $24.78. The company has a one-year high of $100 and a one-year low of $15.25. Insider sentiment is negative, with 60 insiders selling their shares in the past quarter.

Vivid Seats Inc. (NASDAQ: SEAT) has been the subject of varying analyst sentiments, with a mix of "Buy," "Hold," and "Sell" ratings. The company's stock has seen significant fluctuations, trading at $17.33 on Tuesday, August 12, 2025, with institutional investors owning 39.92% of the shares [1].

The majority of analysts covering Vivid Seats have assigned a "Hold" rating, with 13 firms currently providing coverage. Among these, one analyst has rated the stock as a "Sell," eight have issued a "Hold" rating, and four have given a "Buy" rating [1]. The average one-year target price is $53.64, with a range from $20 to $80 [1].

Notable recent changes include Canaccord Genuity Group, which downgraded the stock from "Buy" to "Hold" and lowered the price target from $80 to $23.00 [1, 2]. Similarly, Royal Bank of Canada lowered its price target from $80 to $40.00 and set a "sector perform" rating [1]. Conversely, Benchmark lifted its price target to $26.00 and gave the company a "buy" rating [1].

Bank of America Securities analyst Curtis Nagle maintains a "Sell" rating with a $20 price target, while the analyst consensus is a "Moderate Buy" with an average price target of $24.78 [3]. The company's stock has traded between $100 and $15.25 over the past year, with insider sentiment being negative, as 60 insiders sold shares in the past quarter [3].

Vivid Seats operates an online ticket marketplace and reported mixed performance in its second-quarter 2025 earnings. The company slightly exceeded earnings per share expectations but fell short of revenue projections, with revenue declining by 28% year-over-year [4]. The company has been facing competitive pressures and announced a $25 million cost reduction initiative [1, 3].

In conclusion, Vivid Seats faces a mixed analyst sentiment, with a range of price targets and ratings. The company's recent financial performance has drawn attention from analysts, and the stock's price has been influenced by these changes. Investors should closely monitor the company's ability to navigate competitive pressures and implement cost-saving measures.

References:
[1] https://www.marketbeat.com/instant-alerts/vivid-seats-inc-nasdaqseat-given-average-rating-of-hold-by-analysts-2025-08-12/
[2] https://www.benzinga.com/analyst-stock-ratings/downgrades/25/08/46895995/this-caci-international-analyst-is-no-longer-bullish-here-are-top-5-downgrades-for-wednesday
[3] https://za.investing.com/news/analyst-ratings/canaccord-genuity-downgrades-vivid-seats-stock-amid-competitive-pressures-93CH-3821710
[4] https://simplywall.st/stocks/us/media/nasdaq-seat/vivid-seats/news/vivid-seats-second-quarter-2025-earnings-misses-expectations