Rothschild & Co Redburn Has Lowered Expectations for eBay (NASDAQ:EBAY) Stock Price

eBay (NASDAQ:EBAY) had its target price dropped by equities research analysts at Rothschild & Co Redburn from $95.00 to $90.00 in a research report issued on Friday,MarketScreener reports. Rothschild & Co Redburn’s target price would suggest a potential upside of 7.40% from the stock’s previous close.

A number of other brokerages have also commented on EBAY. Sanford C. Bernstein set a $90.00 price target on shares of eBay in a research note on Friday, October 31st. JPMorgan Chase & Co. lifted their target price on shares of eBay from $66.00 to $68.00 and gave the stock a “neutral” rating in a research report on Friday, July 11th. Needham & Company LLC boosted their target price on shares of eBay from $95.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Citizens Jmp upgraded eBay from a “market perform” rating to an “outperform” rating and set a $115.00 price target on the stock in a research note on Friday, October 24th. Finally, Mizuho started coverage on eBay in a report on Monday, September 29th. They issued a “neutral” rating and a $98.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, eBay presently has an average rating of “Hold” and a consensus target price of $94.38.

eBay Stock Performance

Shares of eBay stock opened at $83.80 on Friday. eBay has a 1 year low of $58.71 and a 1 year high of $101.15. The firm’s 50-day moving average is $90.74 and its 200 day moving average is $83.31. The stock has a market cap of $37.88 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 2.39 and a beta of 1.29. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The business had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the prior year, the firm posted $1.19 EPS. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. Sell-side analysts anticipate that eBay will post 3.86 EPS for the current fiscal year.

Insider Activity

In other news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70. Following the completion of the sale, the senior vice president directly owned 2,862 shares of the company’s stock, valued at $233,367.48. This represents a 92.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Cornelius Boone sold 4,439 shares of eBay stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the transaction, the senior vice president owned 93,392 shares in the company, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 63,317 shares of company stock valued at $5,361,568. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On eBay

A number of hedge funds have recently made changes to their positions in EBAY. Independent Franchise Partners LLP lifted its holdings in eBay by 4.6% in the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock worth $791,714,000 after purchasing an additional 510,629 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of eBay by 5.6% in the second quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock worth $674,061,000 after buying an additional 478,410 shares in the last quarter. Invesco Ltd. lifted its stake in shares of eBay by 1.7% in the 2nd quarter. Invesco Ltd. now owns 8,581,556 shares of the e-commerce company’s stock valued at $638,983,000 after purchasing an additional 140,160 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of eBay by 4.4% in the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock worth $481,525,000 after purchasing an additional 300,216 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of eBay by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock valued at $417,021,000 after purchasing an additional 322,910 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Company Profile

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.