TD Cowen Issues Positive Forecast for eBay (NASDAQ:EBAY) Stock Price

Key Points

• TD Cowen has raised its price target for eBay (NASDAQ:EBAY) from $80 to $84, maintaining a "hold" rating, which suggests a potential downside of 10.02% from current prices.
• Other analysts have provided positive updates on eBay, including President Capital upgrading their rating from "neutral" to "buy" with a target price of $103.00.
• eBay's recent earnings report showed a 6.1% year-over-year revenue increase with an EPS of $1.37, beating expectations by $0.07.

eBay (NASDAQ:EBAY - Get Free Report) had its target price lifted by stock analysts at TD Cowen from $80.00 to $84.00 in a report issued on Monday,MarketScreener reports. The firm presently has a "hold" rating on the e-commerce company's stock. TD Cowen's price target would indicate a potential downside of 10.02% from the company's current price.

A number of other analysts have also commented on EBAY. President Capital raised shares of eBay from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $74.00 to $103.00 in a research report on Friday, September 19th. Mizuho assumed coverage on shares of eBay in a research report on Monday, September 29th. They set a "neutral" rating and a $98.00 price target on the stock. Arete upgraded eBay from a "sell" rating to a "neutral" rating and set a $91.00 price objective for the company in a report on Thursday, August 7th. Deutsche Bank Aktiengesellschaft upped their target price on eBay from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Finally, Wells Fargo & Company increased their price objective on eBay from $84.00 to $89.00 and gave the company an "equal weight" rating in a report on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $86.54.

eBay Stock Up 1.5%

Shares of eBay stock opened at $93.36 on Monday. The business has a fifty day simple moving average of $92.89 and a 200 day simple moving average of $80.66. The stock has a market cap of $42.67 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 2.22 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. eBay has a 12 month low of $56.33 and a 12 month high of $101.15.

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

Insider Transactions at eBay

In other news, SVP Cornelius Boone sold 4,439 shares of the firm's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the transaction, the senior vice president directly owned 93,392 shares of the company's stock, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jamie Iannone sold 7,221 shares of the business's stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $92.33, for a total value of $666,714.93. Following the completion of the sale, the chief executive officer owned 246,812 shares of the company's stock, valued at approximately $22,788,151.96. This trade represents a 2.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 96,743 shares of company stock worth $8,979,844 over the last quarter. 0.64% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Ethic Inc. raised its position in shares of eBay by 6.6% in the 3rd quarter. Ethic Inc. now owns 135,718 shares of the e-commerce company's stock valued at $12,344,000 after buying an additional 8,421 shares in the last quarter. Three Seasons Wealth LLC bought a new position in shares of eBay in the 3rd quarter valued at $531,000. Sowell Financial Services LLC raised its holdings in shares of eBay by 3.1% during the 3rd quarter. Sowell Financial Services LLC now owns 19,466 shares of the e-commerce company's stock worth $1,770,000 after buying an additional 585 shares in the last quarter. Burns Matteson Capital Management LLC bought a new stake in shares of eBay during the 3rd quarter worth $244,000. Finally, Avanza Fonder AB boosted its stake in eBay by 1.6% in the third quarter. Avanza Fonder AB now owns 43,262 shares of the e-commerce company's stock valued at $3,935,000 after buying an additional 687 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.