EEX Stock Forecast & Price Target

Emerald Holding Inc is showing promising growth prospects, with a significant increase in its technology revenues, which rose to 15% from 13%, indicating a strong transition towards digital platforms and enhanced customer engagement. The company's guidance for 2025 projects over 9% revenue growth and a 13% rise in adjusted earnings, supported by a favorable margin setup due to the elimination of unprofitable events and a strong performance in 4Q24, which is anticipated to see a revenue increase of 6.5% year-over-year. Additionally, the long-term outlook reflects confidence in mid to high single-digit revenue growth driven by increased net square footage sold, improved yield, and new event initiatives, bolstered by favorable sector consolidation trends.

Emerald Holding Inc. reported an EBITDA of $33.8 million, reflecting a nearly 6% year-over-year decline, which raises concerns about the company's profitability trajectory. The potential for a double-dip recession could significantly dampen interest in attending B2B trade shows, which are crucial to the company's revenue generation from the Connections segment. Furthermore, the presence of a controlling shareholder, Onex, raises the risk of initiatives that could prioritize its interests over those of minority shareholders, compounded by the ongoing non-cash accretion of convertible preferred equity negatively impacting investor sentiment.