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الاقتصادية
European ticketing firm stocks may double
After an American investor purchased a stake in CTS Eventim, Europe's largest ticketing company for events, its stock price is expected to increase by between 50% and 100%. The company, which has a market value of approximately $6.73 billion and sells tickets for concerts by internationally renowned artists and organizes music festivals in Germany, has experienced a decline of about 50% since May 2025 due to weak results and disappointing forecasts for 2026, as well as changes in financial management. Anonym Capital considers the stock to be undervalued and calls for improved transparency, growth support through artificial intelligence, and share buybacks to enhance its market value. The European company is now trading at a lower valuation compared to its American counterpart, Live Nation, with expectations of stable or improved profits in 2026. It also plans to go public next month to attract international investors.
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