eBay (NASDAQ:EBAY – Get Free Report) was upgraded by analysts at Rosenblatt Securities to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.
Several other research analysts have also commented on the company. Bank of America raised their price objective on eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Rothschild & Co Redburn raised their target price on eBay from $100.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Piper Sandler reissued an “overweight” rating and set a $133.00 price target (up from $115.00) on shares of eBay in a research report on Thursday, August 6th. Needham & Company LLC upped their price target on eBay from $122.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $127.00 price objective on shares of eBay in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $117.24.
View Our Latest Report on eBay
eBay Trading Up 1.9%
eBay (NASDAQ:EBAY – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.50 by $0.10. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. eBay’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Analysts anticipate that eBay will post 4.87 earnings per share for the current year.
Insider Buying and Selling at eBay
In other news, SVP Mazen Rawashdeh sold 1,919 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the transaction, the senior vice president directly owned 32,124 shares in the company, valued at approximately $3,485,775.24. The trade was a 5.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $101.39, for a total value of $102,809.46. Following the transaction, the senior vice president owned 35,546 shares of the company’s stock, valued at $3,604,008.94. This trade represents a 2.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 37,126 shares of company stock valued at $4,087,886 in the last ninety days. Company insiders own 0.67% of the company’s stock.
Institutional Trading of eBay
Hedge funds and other institutional investors have recently modified their holdings of the business. Cedar Mountain Advisors LLC raised its stake in shares of eBay by 128.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 156 shares in the last quarter. High Point Wealth Management LLC bought a new position in shares of eBay during the 4th quarter worth about $26,000. Abound Financial LLC acquired a new position in shares of eBay during the fourth quarter valued at about $26,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of eBay during the first quarter valued at about $26,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of eBay in the fourth quarter valued at about $27,000. Institutional investors and hedge funds own 87.48% of the company’s stock.
About eBay
eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.
The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.
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