eBay (NASDAQ:EBAY) Upgraded to Market Outperform at JMP Securities

Key Points

• eBay (NASDAQ:EBAY) has been upgraded from a "market perform" rating to a "market outperform" rating by JMP Securities, with a price target of $115.00, indicating a potential upside of 20.39%.
• Other brokerage firms, including BMO Capital Markets and Benchmark, have also raised their ratings on eBay stocks, with target prices reaching up to $102.00.
• The company reported strong earnings results, with a 6.1% increase in revenue year-over-year, achieving an EPS of $1.37, surpassing estimates.

eBay (NASDAQ:EBAY - Get Free Report) was upgraded by analysts at JMP Securities from a "market perform" rating to a "market outperform" rating in a report issued on Friday,Benzinga reports. The brokerage presently has a $115.00 price objective on the e-commerce company's stock. JMP Securities' target price indicates a potential upside of 20.39% from the stock's current price.

EBAY has been the subject of several other reports. BMO Capital Markets raised eBay from a "market perform" rating to an "outperform" rating and upped their target price for the company from $70.00 to $102.00 in a report on Thursday, July 31st. Citizens Jmp raised eBay to a "hold" rating in a report on Thursday, July 10th. Benchmark upped their target price on eBay from $78.00 to $100.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Piper Sandler upped their price target on eBay from $74.00 to $95.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company raised their price objective on eBay from $84.00 to $89.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $87.52.

eBay Trading Up 0.2%

Shares of NASDAQ EBAY opened at $95.52 on Friday. eBay has a 12 month low of $56.33 and a 12 month high of $101.15. The company has a market cap of $43.65 billion, a price-to-earnings ratio of 21.04, a P/E/G ratio of 2.29 and a beta of 1.31. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The business has a fifty day simple moving average of $92.69 and a 200-day simple moving average of $81.33.

eBay (NASDAQ:EBAY - Get Free Report) last announced 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. eBay had a return on equity of 38.97% and a net margin of 20.86%.The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the business posted $1.18 earnings per share. eBay's revenue was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Sell-side analysts predict that eBay will post 3.86 EPS for the current year.

Insider Transactions at eBay

In other news, SVP Julie A. Loeger sold 75,952 shares of the firm's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the sale, the senior vice president directly owned 53,107 shares of the company's stock, valued at $4,952,227.75. This trade represents a 58.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jamie Iannone sold 7,221 shares of the firm's stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $91.76, for a total value of $662,598.96. Following the sale, the chief executive officer directly owned 250,223 shares of the company's stock, valued at $22,960,462.48. This trade represents a 2.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 96,743 shares of company stock valued at $8,979,844 over the last 90 days. Company insiders own 0.64% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Procyon Advisors LLC raised its stake in shares of eBay by 100.7% in the 2nd quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company's stock valued at $2,293,000 after acquiring an additional 15,449 shares in the last quarter. Optas LLC raised its stake in shares of eBay by 99.0% in the 2nd quarter. Optas LLC now owns 67,974 shares of the e-commerce company's stock valued at $5,061,000 after acquiring an additional 33,814 shares in the last quarter. Marvin & Palmer Associates Inc. bought a new position in shares of eBay in the 1st quarter valued at approximately $2,958,000. Aberdeen Group plc raised its stake in shares of eBay by 6.3% in the 2nd quarter. Aberdeen Group plc now owns 460,245 shares of the e-commerce company's stock valued at $34,049,000 after acquiring an additional 27,230 shares in the last quarter. Finally, RHS Financial LLC bought a new position in shares of eBay in the 2nd quarter valued at approximately $459,000. 87.48% of the stock is owned by institutional investors.

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.

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