eBay (NASDAQ:EBAY) Research Coverage Started at Wedbush

Wedbush began coverage on shares of eBay (NASDAQ:EBAY) in a report published on Thursday morning, Marketbeat.com reports. The firm issued an outperform rating and a $135.00 price target on the e-commerce company’s stock.

Other research analysts also recently issued reports about the company. TD Cowen lifted their price target on eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research report on Friday, May 1st. President Capital upped their target price on shares of eBay from $102.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Robert W. Baird increased their price target on shares of eBay from $117.00 to $125.00 and gave the company an “outperform” rating in a report on Wednesday. BNP Paribas Exane raised their price target on shares of eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Finally, Needham & Company LLC restated a “buy” rating and set a $122.00 price objective on shares of eBay in a report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, eBay currently has an average rating of “Hold” and a consensus price target of $110.52.

eBay Price Performance

NASDAQ EBAY opened at $112.06 on Thursday. eBay has a 1 year low of $76.85 and a 1 year high of $119.31. The company has a fifty day simple moving average of $111.60 and a 200 day simple moving average of $99.35. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. The company has a market cap of $49.75 billion, a P/E ratio of 25.41, a P/E/G ratio of 2.47 and a beta of 1.37.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. The company had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. The business’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.38 earnings per share. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. On average, sell-side analysts predict that eBay will post 4.87 EPS for the current year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s dividend payout ratio (DPR) is 28.12%.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $113.33, for a total value of $1,259,096.30. Following the sale, the chief executive officer owned 275,431 shares of the company’s stock, valued at $31,214,595.23. The trade was a 3.88% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the completion of the transaction, the senior vice president owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. This represents a 2.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 76,012 shares of company stock worth $8,747,852 over the last 90 days. Corporate insiders own 0.67% of the company’s stock.

Institutional Investors Weigh In On eBay

A number of institutional investors have recently added to or reduced their stakes in EBAY. Ballentine Partners LLC grew its stake in shares of eBay by 1.2% in the 2nd quarter. Ballentine Partners LLC now owns 15,481 shares of the e-commerce company’s stock valued at $1,730,000 after purchasing an additional 187 shares during the period. Fairvoy Private Wealth LLC bought a new position in shares of eBay during the 2nd quarter worth approximately $1,028,000. Cary Street Partners Investment Advisory LLC lifted its position in shares of eBay by 9.8% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 3,628 shares of the e-commerce company’s stock worth $405,000 after buying an additional 325 shares during the period. OFI Invest Asset Management acquired a new stake in eBay in the 2nd quarter valued at $122,121,000. Finally, Aspen Investment Management Inc grew its position in eBay by 15.5% in the second quarter. Aspen Investment Management Inc now owns 3,922 shares of the e-commerce company’s stock valued at $438,000 after acquiring an additional 525 shares during the period. 87.48% of the stock is owned by institutional investors and hedge funds.

eBay News Roundup

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Wedbush initiated coverage on eBay with an Outperform rating and a $135 price target, implying meaningful upside from current levels. This kind of analyst support can help reinforce investor confidence in the stock. Benzinga coverage
• Positive Sentiment: The UK competition watchdog cleared eBay’s $1.2 billion Depop acquisition, removing a regulatory hurdle and signaling progress on eBay’s growth-by-acquisition strategy. Retail Insight Network article
• Neutral Sentiment: Coverage also noted that eBay currently has a “Hold” consensus from brokerages, which suggests analysts remain split on the near-term outlook despite the recent bullish target. American Banking News article
• Neutral Sentiment: A product-related mention about a classic Camaro being listed on eBay is not a meaningful company-specific catalyst for the stock. MSN article
• Negative Sentiment: Multiple reports highlighted GameStop CEO Ryan Cohen’s renewed push to acquire eBay, including his comment that the company is “coming for eBay one way or another.” While an acquisition premium can sometimes support a stock, the repeated takeover pressure and talk of appealing directly to shareholders may also create uncertainty and volatility for eBay investors. Yahoo Finance article

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.