Piper Sandler Lowers eBay (NASDAQ:EBAY) Price Target to $98.00

eBay (NASDAQ:EBAY) had its target price lowered by investment analysts at Piper Sandler from $102.00 to $98.00 in a research report issued on Tuesday,MarketScreener reports. The brokerage presently has an “overweight” rating on the e-commerce company’s stock. Piper Sandler’s target price suggests a potential upside of 11.30% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Mizuho initiated coverage on eBay in a report on Monday, September 29th. They set a “neutral” rating and a $98.00 target price for the company. Arete raised eBay from a “sell” rating to a “neutral” rating and set a $91.00 target price on the stock in a research report on Thursday, August 7th. Benchmark upped their price target on eBay from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. UBS Group set a $95.00 price objective on shares of eBay in a report on Thursday, October 30th. Finally, TD Cowen increased their target price on shares of eBay from $80.00 to $84.00 and gave the stock a “hold” rating in a report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, nineteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $94.69.

eBay Stock Up 0.9%

Shares of eBay stock opened at $88.05 on Tuesday. eBay has a 1 year low of $58.71 and a 1 year high of $101.15. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $39.80 billion, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. The business has a 50-day moving average of $90.58 and a two-hundred day moving average of $83.81.

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

Insider Activity at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 2,862 shares in the company, valued at approximately $233,367.48. This represents a 92.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the sale, the senior vice president owned 3,824 shares of the company’s stock, valued at $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 63,317 shares of company stock worth $5,361,568. 0.64% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC grew its stake in shares of eBay by 433.9% in the second quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after acquiring an additional 269 shares in the last quarter. Wealth Preservation Advisors LLC bought a new stake in eBay in the 1st quarter valued at about $26,000. Financial Consulate Inc. bought a new position in shares of eBay during the third quarter worth approximately $27,000. GFG Capital LLC acquired a new stake in shares of eBay in the second quarter valued at approximately $28,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in eBay during the third quarter worth approximately $28,000. Institutional investors own 87.48% of the company’s stock.

About eBay

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.