Streetbeat News

EBAY

eBay Inc.

https://www.ebayinc.com

Industry

Specialty Retail

eBay Inc. operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company's Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, directories, search engines, commerce participants, shopping channels, and networks. The company was founded in 1995 and is headquartered in San Jose, California.

Open

61.38

Mkt cap

29B

Volume

2.7M

High

61.87

P/E Ratio

15.47

52-wk high

67.80

Low

61.14

Div yield

0.02

52-wk low

38.98

11 analysts have recently shared their evaluations of eBay, showing a mix of bullish and bearish perspectives. The average 12-month price target for eBay is $50.55, reflecting a 6.65% increase from the previous target. Analysts from firms like Wells Fargo, Argus Research, and Barclays have adjusted their ratings and price targets, indicating a positive outlook on eBay's performance. eBay's financial overview highlights a revenue growth of 2.07%, a net margin of 28.26%, and an ROE of 11.78%, showcasing its strong market position and profitability.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:00 pm

Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on eBay (NASDAQ:EBAY) and raises the price target from $45 to $47.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:10 pm

MicroStrategy Inc (NASDAQ:MSTR) has seen its stock surge 204% this year, reaching a market cap of over $32 billion, surpassing companies like eBay Inc (NASDAQ:EBAY) and Delta Air Lines Inc (NYSE:DAL) in the S&P 100. Despite its success, its S&P 500 inclusion is questioned due to its revenue model based on Bitcoin holdings. The company also introduced an AI-powered bot, MicroStrategy AutoTM. Its stock is accessible via ETFs like First Trust SkyBridge Crypto Industry And Digital Economy ETF (NYSE:CRPT) and Advisor Managed Portfolios Miller Value Partners Appreciation ETF (NYSE:MVPA), but shares traded lower by 9.11% recently.

Portfolio Pulse from Anusuya Lahiri

March 28, 2024 | 5:47 pm

eBay Inc. (NASDAQ:EBAY) stock is currently trading at $51.92, marking a 1.64% increase in the current session, an 8.42% increase over the past month, and an 18.24% increase over the past year. The company's P/E ratio is lower than the Broadline Retail industry average of 29.16, suggesting it might be undervalued or expected to perform worse than its peers.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 8:15 pm

Florida's new law bans social media use for children under 14 and requires ID checks for all users, impacting companies like Meta (META) and Snap (SNAP), and tech ETFs such as SOCL, XLC, FENY, and LTL. The law, effective Jan. 1, 2025, aims to combat addiction and mental health issues among teens. Critics argue it infringes on First Amendment rights and necessitates invasive data collection. NetChoice, representing Big Tech, is expected to challenge the law.

Portfolio Pulse from Natan Ponieman

March 25, 2024 | 8:01 pm

A study by CBD Oracle revealed that 'hemp gummies' sold on Amazon, Walmart, and eBay contain illegal levels of delta-8 THC, violating federal regulations. The research, which tested 56 products from Amazon, found 30% contained undeclared CBD and 43% had no hemp ingredients. Three products had dangerously high delta-8 THC levels. The report calls for action from these platforms to address misleading marketing and product safety.

Portfolio Pulse from Patricio Liddle

March 20, 2024 | 5:13 pm

eBay's (NYSE:EBAY) short interest has increased by 3.44%, with 26.07 million shares sold short, representing 5.71% of its float. It would take approximately 4.98 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards eBay, although it has less short interest compared to its peer group average of 8.24%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:30 pm

Today's whale activity in the Consumer Discretionary sector highlighted unusual options trading for several companies. Notably, bullish sentiment was observed in TSLA, CZR, JD, and BABA call options, while bearish sentiment was seen in NIO and EBAY call options, and VFC, WSM, ABNB, and CAL put options. The trades varied in expiration dates, strike prices, and total trade prices, indicating diverse strategies and expectations from large investors.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 5:35 pm

Pinduoduo's Temu has seen a surge in popularity in the U.S., with search interest reaching an all-time high. Analysts from Goldman Sachs and Jefferies have issued positive reviews on PDD stock, citing a 15%-30% upside potential. Despite its opaque financials and unconventional approach, Pinduoduo's direct-from-factory model sets it apart from competitors like eBay, Alibaba, and Amazon, contributing to its rapid growth. However, PDD's stock is down about 25% year-to-date.

Portfolio Pulse from Surbhi Jain

March 11, 2024 | 1:47 pm

Argus Research analyst Joseph Bonner maintains a Buy rating on eBay (NASDAQ:EBAY) and raises the price target from $53 to $58.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 6:32 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.