#2 - eBay (NASDAQ:EBAY)
Next up on this list of eCommerce stocks is eBay, Inc. (NASDAQ: EBAY). Although there is likely to be crossover between the target markets, eBay has a different business model than Amazon. Specifically, eBay is an online auction site that brings buyer and sellers together in a “treasure hunt” model where anyone can be a seller.
In a world where consumers have become increasingly sensitive to supply chains, eBay’s model largely avoids that since it focuses on peer-to-peer selling.
Despite being down almost 50% from its all-time high in October 2021, EBAY stock is still up approximately 20% in the last five years. However, at about 36x earnings, you will be paying a premium for the stock.
Analysts give eBay a consensus price target of $49.43 which is an upside of more than 13% from the stock’s price as of June 26, 2023. Investors also get a dividend which has grown for four consecutive years and currently has a yield of over 2.30%.
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.
Read More - Current Price
- $52.42
- Consensus Rating
- Hold
- Ratings Breakdown
- 7 Buy Ratings, 10 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $51.45 (1.9% Downside)
