eBay (NASDAQ:EBAY) Now Covered by Analysts at Rosenblatt Securities

Stock analysts at Rosenblatt Securities began coverage on shares of eBay (NASDAQ:EBAY) in a research note issued on Thursday,Benzinga reports. The brokerage set a “buy” rating and a $120.00 price target on the e-commerce company’s stock. Rosenblatt Securities’ target price would suggest a potential upside of 16.91% from the company’s current price.

Several other equities research analysts also recently issued reports on the stock. Argus upgraded shares of eBay from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a research report on Friday, August 7th. Rothschild & Co Redburn increased their target price on eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group lifted their price target on eBay from $88.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Arete Research reduced their price target on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Finally, President Capital upped their price objective on eBay from $102.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Fifteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $117.18.

eBay Price Performance

EBAY opened at $102.64 on Thursday. The company has a fifty day simple moving average of $110.31 and a 200 day simple moving average of $102.20. eBay has a 12 month low of $78.03 and a 12 month high of $119.31. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock has a market cap of $45.67 billion, a P/E ratio of 21.25, a P/E/G ratio of 2.47 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.10. The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The firm’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, research analysts expect that eBay will post 4.87 EPS for the current year.

Insider Activity

In other eBay news, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $117.04, for a total value of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares in the company, valued at approximately $3,419,557.68. This trade represents a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $109.59, for a total transaction of $1,217,544.90. Following the completion of the transaction, the chief executive officer owned 280,204 shares of the company’s stock, valued at approximately $30,707,556.36. This trade represents a 3.81% 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. In the last ninety days, insiders sold 86,112 shares of company stock worth $9,837,076. Insiders own 0.67% of the company’s stock.

Institutional Trading of eBay

Several hedge funds and other institutional investors have recently modified their holdings of EBAY. Cedar Mountain Advisors LLC raised its stake in eBay by 128.9% in the first quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock valued at $25,000 after purchasing an additional 156 shares in the last quarter. High Point Wealth Management LLC purchased a new position in eBay during the 4th quarter valued at about $26,000. Abound Financial LLC purchased a new position in shares of eBay in the 4th quarter worth about $26,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of eBay in the 1st quarter worth $26,000. Finally, Jessup Wealth Management Inc bought a new position in shares of eBay during the 4th quarter valued at $27,000. Institutional investors own 87.48% of the company’s stock.

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.