StubHub Holdings: Valuation Under the Spotlight Amid Strong Revenue Growth

StubHub Holdings has reported 32% annual revenue growth and a significant improvement in net income, leading to a 12.98% share price rebound. However, the company's price-to-sales ratio of 3.9x is noticeably higher than peer and industry averages, suggesting investors expect strong revenue growth to continue. Our DCF model indicates significant upside if growth persists, but caution is warranted due to persistent net losses and a year-to-date share price decline.