eBay (NASDAQ:EBAY) Price Target Raised to $89.00

Key Points

• Wells Fargo has raised eBay's price target from $84.00 to $89.00, maintaining an "equal weight" rating, indicating a potential downside of 3.02% based on recent stock performance.
• Analysts are generally bullish on eBay, with twelve analysts$81.29.
• eBay's recent earnings report showed a positive trend, reporting $1.37 EPS and a revenue of $2.73 billion, both surpassing analyst expectations.

eBay (NASDAQ:EBAY - Get Free Report) had its target price lifted by investment analysts at Wells Fargo & Company from $84.00 to $89.00 in a report issued on Tuesday,MarketScreener reports. The firm presently has an "equal weight" rating on the e-commerce company's stock. Wells Fargo & Company's target price points to a potential downside of 3.02% from the stock's previous close.

EBAY has been the topic of a number of other reports. Barclays restated an "overweight" rating and set a $92.00 price target (up from $77.00) on shares of eBay in a research report on Thursday, July 31st. President Capital raised shares of eBay from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $74.00 to $103.00 in a report on Friday, September 19th. Cowen reissued a "hold" rating on shares of eBay in a research note on Tuesday, July 22nd. Wedbush restated a "neutral" rating and issued a $72.00 price objective on shares of eBay in a research report on Wednesday, June 11th. Finally, Cantor Fitzgerald lifted their target price on eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $81.29.

eBay Stock Performance

Shares of NASDAQ:EBAY opened at $91.77 on Tuesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The business's fifty day moving average price is $92.57 and its two-hundred day moving average price is $79.15. eBay has a fifty-two week low of $56.33 and a fifty-two week high of $101.15. The stock has a market capitalization of $41.94 billion, a price-to-earnings ratio of 20.21, a price-to-earnings-growth ratio of 2.23 and a beta of 1.31.

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

Insider Transactions at eBay

In other eBay news, SVP Cornelius Boone sold 4,439 shares of the stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the sale, the senior vice president directly owned 93,392 shares in the company, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the transaction, the senior vice president owned 3,824 shares in the company, valued at approximately $341,521.44. This represents a 33.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 111,728 shares of company stock valued at $10,047,092. Corporate insiders own 0.64% of the company's stock.

Hedge Funds Weigh In On eBay

Several institutional investors and hedge funds have recently modified their holdings of the business. Independent Franchise Partners LLP lifted its stake in eBay by 4.6% in the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock valued at $791,714,000 after buying an additional 510,629 shares in the last quarter. Nordea Investment Management AB lifted its position in eBay by 5.6% in the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company's stock valued at $674,061,000 after acquiring an additional 478,410 shares in the last quarter. Invesco Ltd. boosted its stake in eBay by 1.7% in the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company's stock worth $638,983,000 after purchasing an additional 140,160 shares during the period. Northern Trust Corp increased its holdings in eBay by 4.4% during the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock worth $481,525,000 after purchasing an additional 300,216 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of eBay by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company's stock valued at $417,021,000 after purchasing an additional 322,910 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Company Profile

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.

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