eBay (NASDAQ:EBAY) Price Target Raised to $101.00

Key Points

• Bank of America raised eBay’s price target from $89.00 to $101.00, indicating a potential upside of 1.44% from the previous close.
• The stock currently has an average rating of "Hold" and an average price target of $78.89, with various firms expressing differing outlooks on the stock.
• Recently, insider trading activity included the sale of 75,952 shares by SVP Julie A. Loeger, representing a significant decrease in ownership, alongside a sale by the CEO.

eBay (NASDAQ:EBAY - Free Report) had its target price increased by Bank of America from $89.00 to $101.00 in a research report report published on Monday,Benzinga reports. The firm currently has a neutral rating on the e-commerce company's stock.

A number of other analysts also recently commented on the company. TD Securities raised their price objective on eBay from $62.00 to $64.00 and gave the stock a "hold" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. raised their price objective on eBay from $66.00 to $68.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. Cowen reiterated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. JMP Securities reiterated a "market perform" rating on shares of eBay in a research report on Thursday, May 1st. Finally, BMO Capital Markets upgraded eBay from a "market perform" rating to an "outperform" rating and raised their price objective for the stock from $70.00 to $102.00 in a research report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $78.89.

eBay Stock Performance

NASDAQ:EBAY traded down $2.19 during mid-day trading on Monday, hitting $90.61. 7,270,433 shares of the company's stock traded hands, compared to its average volume of 6,182,684. The firm has a 50 day moving average of $85.35 and a two-hundred day moving average of $74.77. eBay has a 12 month low of $56.33 and a 12 month high of $101.15. The firm has a market capitalization of $41.41 billion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05.

eBay (NASDAQ:EBAY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the prior year, the company earned $1.18 EPS. The firm's revenue for the quarter was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities analysts forecast that eBay will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 29th. eBay's dividend payout ratio (DPR) is currently 25.55%.

Insiders Place Their Bets

In related news, CEO Jamie Iannone sold 10,974 shares of the firm's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $75.75, for a total transaction of $831,280.50. Following the completion of the sale, the chief executive officer directly owned 306,651 shares of the company's stock, valued at $23,228,813.25. This trade represents a 3.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of the firm's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $93.25, for a total value of $7,082,524.00. Following the sale, the senior vice president directly owned 53,107 shares of the company's stock, valued at $4,952,227.75. This represents a 58.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 183,209 shares of company stock valued at $15,331,663. Company insiders own 0.64% of the company's stock.

Institutional Investors Weigh In On eBay

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Princeton Global Asset Management LLC increased its stake in shares of eBay by 433.9% in the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company's stock valued at $25,000 after buying an additional 269 shares during the period. Wealth Preservation Advisors LLC acquired a new stake in shares of eBay in the 1st quarter valued at $26,000. Orion Capital Management LLC acquired a new stake in shares of eBay in the 4th quarter valued at $27,000. GFG Capital LLC acquired a new stake in shares of eBay in the 2nd quarter valued at $28,000. Finally, Abound Financial LLC acquired a new stake in shares of eBay in the 1st quarter valued at $29,000. 87.48% of the stock is owned by institutional investors and hedge funds.

About eBay

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company's marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.