eBay (NASDAQ:EBAY) Hits New 12-Month High After Analyst Upgrade

Shares of eBay Inc. (NASDAQ:EBAY) reached a new 52-week high on Wednesday after Sanford C. Bernstein raised their price target on the stock from $95.00 to $100.00. Sanford C. Bernstein currently has a market perform rating on the stock. eBay traded as high as $118.23 and last traded at $117.9420, with a volume of 1203717 shares traded. The stock had previously closed at $114.24.

EBAY has been the topic of a number of other research reports. Stifel Nicolaus set a $98.00 price target on shares of eBay in a report on Thursday, April 30th. Needham & Company LLC reaffirmed a “buy” rating and set a $122.00 price objective on shares of eBay in a report on Thursday, April 30th. Jefferies Financial Group increased their target price on eBay from $60.00 to $65.00 in a research note on Thursday, April 30th. JPMorgan Chase & Co. raised their price target on eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, TD Cowen lifted their price target on eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research note on Friday, May 1st. Thirteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $107.90.

Insider Buying and Selling at eBay

In other eBay news, SVP Cornelius Boone sold 16,685 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $92.44, for a total value of $1,542,361.40. Following the transaction, the senior vice president owned 94,479 shares in the company, valued at approximately $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,010 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $115.61, for a total transaction of $116,766.10. Following the transaction, the senior vice president directly owned 32,146 shares of the company’s stock, valued at approximately $3,716,399.06. This trade represents a 3.05% decrease in their ownership of the stock. 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 86,953 shares of company stock worth $8,287,444 over the last 90 days. Company insiders own 0.64% of the company’s stock.

Key Stories Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: eBay is benefiting from takeover speculation after reports that GameStop proposed a buyout and increased its position in the company, raising the possibility of a premium acquisition price. eBay Rejects GameStop’s $56 Billion Takeover Bid
• Positive Sentiment: Recent strong operating results are still supporting the stock, including an earnings beat, revenue above expectations, and raised analyst price targets after eBay’s latest quarterly report. Why eBay’s Depop Acquisition Matters More Than the Earnings Beat
• Neutral Sentiment: An eBay senior vice president sold 1,010 shares under a pre-arranged 10b5-1 trading plan, which is usually viewed as routine and not necessarily a bearish signal. Jordan Douglas Bradle Sweetnam Sells 1,010 Shares of eBay (NASDAQ:EBAY) Stock
• Negative Sentiment: If GameStop’s bid or activist push creates uncertainty around strategy or capital allocation, that could eventually weigh on eBay, even though the current market reaction appears to be focused on takeover optionality rather than fundamentals. GameStop Wants to Buy eBay. It Could Collapse Its Credit Rating and Valuation in the Process.

Institutional Investors Weigh In On eBay

Large investors have recently made changes to their positions in the business. Cedar Mountain Advisors LLC boosted its position in shares of eBay by 128.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after purchasing an additional 156 shares in the last quarter. High Point Wealth Management LLC bought a new stake in eBay in the fourth quarter worth $26,000. Abound Financial LLC purchased a new stake in shares of eBay in the fourth quarter worth $26,000. Cassaday & Co Wealth Management LLC bought a new position in shares of eBay during the first quarter valued at $26,000. Finally, Jessup Wealth Management Inc purchased a new position in shares of eBay in the 4th quarter worth about $27,000. 87.48% of the stock is currently owned by institutional investors.

eBay Trading Up 3.3%

The stock’s 50 day moving average is $99.02 and its 200-day moving average is $90.90. The company has a market cap of $52.40 billion, a P/E ratio of 26.70, a PEG ratio of 2.55 and a beta of 1.39. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. The business had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. eBay had a net margin of 17.58% and a return on equity of 46.11%. eBay’s revenue was up 19.5% compared to the same quarter last year. During the same period last year, the business earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Research analysts anticipate that eBay Inc. will post 4.83 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.24 annualized dividend and a yield of 1.1%. eBay’s dividend payout ratio is 28.12%.

eBay Company Profile

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.