EEX Stock Forecast & Price Target

Emerald Holding Inc. is poised for substantial growth following over $200 million in acquisitions during 2025, which are expected to drive a lift of approximately $10 million to EBITDA in 2026 through the consolidation of these deals. The company anticipates adding $60 million to revenue in 2025 as part of its retained guidance of $460 million to $465 million, with projected revenue growth of 6.6% in 2026, equating to approximately $494 million, supplemented by an 8% growth in adjusted EBITDA. Additionally, the momentum in peer-to-peer executive summits, along with a successful tuck-in acquisition of Generis for $60 million, positions Emerald favorably for ongoing organic growth and margin improvement.

Emerald Holding's financial outlook is negatively impacted by a combination of external factors, including significant revenue losses estimated at approximately $6 million due to construction disruptions at the Las Vegas Convention Center, which affected the ASD Market Week trade show. Additionally, tariffs and trade wars have contributed to decreased international attendance, which constitutes about 10% of the company's overall participation, creating further uncertainty in future revenues. The estimated undervaluation of the acquired company's EBITDA relative to Emerald's current enterprise value suggests potential challenges in achieving optimal financial performance, amplifying concern over the company's long-term growth prospects.