EEX Stock Forecast & Price Target

Emerald Holding is projected to experience significant growth in 2026, with an estimated increase of approximately $10 million to EBITDA resulting from over $200 million in acquisitions made in 2025, which were executed at an average 10x EBITDA multiple. The company anticipates adding $60 million in revenue from these acquisitions, contributing to its guidance of $460 million to $465 million in total revenue, which aligns with an expected organic sales growth of 6.6% to reach $494 million in 2026. Additionally, the ongoing consolidation within the trade show sector, paired with favorable transaction multiples, positions Emerald favorably for further EBITDA improvements alongside the return of exhibitors previously lost to local construction activities.

Emerald Holding Inc. faced significant operational challenges in the third quarter of 2025, primarily due to construction disruptions at the Las Vegas Convention Center, impacting its largest trade show, ASD Market Week, and resulting in an estimated $6 million loss in revenue. Furthermore, the company experienced headwinds related to international attendance, with approximately 10% of attendees affected by trade tariffs and uncertainty surrounding them, negatively influencing the overall attractiveness of its events. While projections for 2026 indicate potential revenue improvements, the immediate financial setbacks and ongoing concerns regarding international trade dynamics contribute to a negative outlook for the stock.