Morgan Stanley Raises eBay (NASDAQ:EBAY) Price Target to $102.00

Key Points

• Morgan Stanley raised eBay's price target from $89.00 to $102.00, indicating a potential upside of 9.26% from the previous close.
• Other analysts have also upgraded their ratings and price targets for eBay, with several firms targeting prices between $84.00 and $102.00.
• eBay's quarterly earnings exceeded expectations, reporting $1.37 earnings per share on revenues of $2.73 billion, an increase of 6.1% year-over-year.

eBay (NASDAQ:EBAY - Get Free Report) had its price target boosted by investment analysts at Morgan Stanley from $89.00 to $102.00 in a research note issued on Monday,MarketScreener reports. The firm currently has an "overweight" rating on the e-commerce company's stock. Morgan Stanley's price objective would indicate a potential upside of 9.26% from the stock's previous close.

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets raised eBay from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $70.00 to $102.00 in a research report on Thursday, July 31st. TD Cowen lifted their price objective on eBay from $80.00 to $84.00 and gave the company a "hold" rating in a research note on Monday. Needham & Company LLC lifted their price target on shares of eBay from $78.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Mizuho began coverage on shares of eBay in a report on Monday, September 29th. They issued a "neutral" rating and a $98.00 price target on the stock. Finally, Susquehanna increased their target price on eBay from $70.00 to $95.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $86.54.

eBay Stock Up 1.5%

Shares of NASDAQ:EBAY opened at $93.36 on Monday. 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 company has a market capitalization of $42.67 billion, a P/E ratio of 20.56, a P/E/G ratio of 2.22 and a beta of 1.31. eBay has a 52-week low of $56.33 and a 52-week high of $101.15. The stock's fifty day simple moving average is $92.89 and its 200-day simple moving average is $80.66.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.07. The company had revenue of $2.73 billion for the quarter, compared to analysts' expectations 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 period last year, the company earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities research analysts forecast that eBay will post 3.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Julie A. Loeger sold 75,952 shares of the company's stock in a transaction that occurred on 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 transaction, the senior vice president directly owned 53,107 shares in the company, valued at $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the business's stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the transaction, the senior vice president directly owned 3,824 shares in the company, valued at $341,521.44. This trade represents a 33.31% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 96,743 shares of company stock valued at $8,979,844. 0.64% of the stock is owned by company insiders.

Hedge Funds Weigh In On eBay

Institutional investors have recently modified their holdings of the stock. Impax Asset Management Group plc raised its position in shares of eBay by 2,536.5% during the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company's stock valued at $239,037,000 after acquiring an additional 3,401,198 shares during the last quarter. ABN AMRO Bank N.V. bought a new position in shares of eBay during the 2nd quarter valued at about $235,149,000. Nuveen LLC acquired a new position in shares of eBay in the 1st quarter valued at approximately $202,346,000. Pacer Advisors Inc. raised its holdings in eBay by 5,181.4% during the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company's stock worth $148,757,000 after buying an additional 2,154,735 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of eBay by 1,007.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,189,868 shares of the e-commerce company's stock valued at $163,058,000 after buying an additional 1,992,116 shares during the period. 87.48% of the stock is owned by institutional investors.

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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