eBay (NASDAQ:EBAY) Price Target Cut to $111.00 by Analysts at Arete Research

eBay (NASDAQ:EBAY) had its price objective cut by stock analysts at Arete Research from $113.00 to $111.00 in a note issued to investors on Tuesday,MarketScreener reports. The firm currently has a “neutral” rating on the e-commerce company’s stock. Arete Research’s price target would suggest a potential downside of 4.37% from the stock’s previous close.

Several other research analysts also recently weighed in on EBAY. Needham & Company LLC restated a “buy” rating and set a $122.00 target price on shares of eBay in a research note on Thursday, April 30th. Robert W. Baird upped their price objective on shares of eBay from $105.00 to $117.00 in a report on Thursday, April 30th. Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. Piper Sandler reissued an “overweight” rating and set a $115.00 target price (up from $105.00) on shares of eBay in a research report on Thursday, April 30th. Finally, BMO Capital Markets upped their price target on shares of eBay from $120.00 to $130.00 in a research note on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $107.84.

eBay Stock Up 0.3%

Shares of NASDAQ:EBAY traded up $0.32 during trading on Tuesday, reaching $116.07. The stock had a trading volume of 351,355 shares, compared to its average volume of 5,567,726. The firm’s 50-day simple moving average is $101.06 and its 200 day simple moving average is $91.88. 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 has a one year low of $71.68 and a one year high of $119.31. The company has a market capitalization of $51.54 billion, a P/E ratio of 26.32, a PEG ratio of 2.57 and a beta of 1.39.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.58 by $0.08. The firm 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, research analysts expect that eBay will post 4.83 EPS for the current fiscal year.

Insider Buying and Selling at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 12,978 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total value of $1,199,686.32. Following the sale, the senior vice president owned 42,948 shares in the company, valued at $3,970,113.12. This represents a 23.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 21,000 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the sale, the chief executive officer owned 352,653 shares in the company, valued at approximately $34,337,822.61. This represents a 5.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 86,953 shares of company stock worth $8,287,444. 0.64% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On eBay

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in eBay by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 57,613,332 shares of the e-commerce company’s stock worth $5,018,121,000 after purchasing an additional 468,833 shares in the last quarter. Invesco Ltd. raised its stake in shares of eBay by 8.3% during the 4th quarter. Invesco Ltd. now owns 9,020,923 shares of the e-commerce company’s stock worth $785,722,000 after buying an additional 692,805 shares during the period. First Trust Advisors LP grew its stake in eBay by 27.8% in the 3rd quarter. First Trust Advisors LP now owns 8,309,698 shares of the e-commerce company’s stock valued at $755,767,000 after acquiring an additional 1,808,976 shares during the period. Independent Franchise Partners LLP grew its stake in eBay by 5.2% in the 4th quarter. Independent Franchise Partners LLP now owns 7,748,177 shares of the e-commerce company’s stock valued at $674,866,000 after acquiring an additional 384,570 shares during the period. Finally, Legal & General Group Plc increased its holdings in eBay by 2.8% in the 3rd quarter. Legal & General Group Plc now owns 5,263,191 shares of the e-commerce company’s stock worth $478,687,000 after acquiring an additional 141,057 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors and hedge funds.

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.