Is eBay Stock 'Inexpensive'? Analysts Preview E-Commerce Giant's Q4 Earnings
Portfolio Pulse from Chris Katje
eBay Inc (NASDAQ:EBAY) is set to report its Q4 financial results, with analysts expecting flat year-over-year revenue of $2.512 billion and a slight decrease in EPS to $1.03 from $1.07. The company has a history of beating revenue and EPS estimates for several quarters. Analysts highlight eBay's potential for higher-than-guidance results, margin expansion in 2024, and its valuation as inexpensive. Recent analyst ratings vary, with price targets ranging from $45 to $49. Key items to watch include costs, margins, 2024 guidance, and impacts of recent layoffs and legal settlements.
February 26, 2024 | 6:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
eBay is anticipated to report Q4 results with flat revenue and a slight EPS decrease. Analysts see potential for higher-than-guidance results and margin expansion in 2024. The stock is considered inexpensive, with recent analyst ratings providing varied price targets. Upcoming earnings, along with recent layoffs and legal settlements, are key factors to watch.
eBay's consistent history of beating revenue and EPS estimates, combined with analysts' expectations for margin expansion and the stock's valuation being considered inexpensive, suggest a positive short-term impact. However, the anticipation of 2024 guidance, recent layoffs, and legal settlements introduce variables that could influence investor sentiment and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100