eBay (NASDAQ:EBAY) Upgraded to “Strong-Buy” at Rosenblatt Securities

eBay (NASDAQ:EBAY) was upgraded by stock analysts at Rosenblatt Securities to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Other research analysts also recently issued research reports about the company. Weiss Ratings upgraded eBay from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, August 11th. Morgan Stanley reissued an “overweight” rating and issued a $127.00 price target on shares of eBay in a report on Thursday, August 6th. Wedbush raised their price objective on shares of eBay from $135.00 to $137.00 and gave the company an “outperform” rating in a research report on Thursday. Arete Research reduced their price objective on shares of eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Finally, The Goldman Sachs Group upped their target price on shares of eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $117.24.

eBay Trading Up 1.9%

NASDAQ:EBAY opened at $104.61 on Wednesday. The company has a market cap of $46.55 billion, a P/E ratio of 21.66, a P/E/G ratio of 2.48 and a beta of 1.37. The stock’s fifty day moving average price is $110.21 and its two-hundred day moving average price is $102.30. eBay has a 1 year low of $78.03 and a 1 year high of $119.31. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02.

eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.10. eBay had a return on equity of 47.88% and a net margin of 18.50%.The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same period in the previous year, the business earned $1.37 earnings per share. The firm’s quarterly revenue was up 14.8% compared to the same quarter last year. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. As a group, analysts expect that eBay will post 4.87 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total value of $1,205,990.50. Following the completion of the transaction, the chief executive officer directly owned 253,211 shares in the company, valued at approximately $27,486,054.05. This represents a 4.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total value of $208,230.69. Following the completion of the sale, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This represents a 5.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 37,126 shares of company stock valued at $4,087,886 over the last 90 days. Insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On eBay

Institutional investors and hedge funds have recently made changes to their positions in the business. Spire Wealth Management lifted its position in shares of eBay by 29.7% during the 2nd quarter. Spire Wealth Management now owns 489 shares of the e-commerce company’s stock valued at $55,000 after buying an additional 112 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its stake in eBay by 4.6% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 2,818 shares of the e-commerce company’s stock worth $312,000 after acquiring an additional 125 shares during the period. Capital Asset Advisory Services LLC raised its stake in eBay by 3.3% during the 1st quarter. Capital Asset Advisory Services LLC now owns 4,035 shares of the e-commerce company’s stock worth $367,000 after acquiring an additional 129 shares during the period. Harfst & Associates Inc. lifted its holdings in eBay by 0.6% during the fourth quarter. Harfst & Associates Inc. now owns 22,461 shares of the e-commerce company’s stock valued at $1,956,000 after purchasing an additional 131 shares in the last quarter. Finally, Commerce Bank lifted its holdings in eBay by 0.5% during the fourth quarter. Commerce Bank now owns 28,313 shares of the e-commerce company’s stock valued at $2,466,000 after purchasing an additional 132 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.