eBay (NASDAQ:EBAY) Cut to Market Perform at Citizens Jmp

Citizens Jmp lowered shares of eBay (NASDAQ:EBAY) from an outperform rating to a market perform rating in a research note released on Tuesday morning, MarketBeat Ratings reports.

EBAY has been the subject of several other reports. TD Cowen lifted their price objective on eBay from $87.00 to $88.00 and gave the stock a “hold” rating in a research report on Friday, May 1st. BNP Paribas Exane lifted their target price on eBay from $97.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Piper Sandler reissued an “overweight” rating and issued a $115.00 price target (up from $105.00) on shares of eBay in a research note on Thursday, April 30th. Robert W. Baird increased their price target on eBay from $117.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Finally, BMO Capital Markets increased their price target on eBay from $120.00 to $130.00 in a report on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $116.16.

eBay Trading Down 0.9%

EBAY opened at $110.14 on Tuesday. eBay has a twelve month low of $78.03 and a twelve month high of $119.31. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. The company has a fifty day moving average of $111.07 and a 200-day moving average of $101.51. The stock has a market cap of $48.90 billion, a PE ratio of 22.80, a price-to-earnings-growth ratio of 2.44 and a beta of 1.37.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.10. The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.02 billion. eBay had a net margin of 18.50% and a return on equity of 48.10%. eBay’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, sell-side analysts predict that eBay will post 4.89 EPS for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, August 28th. eBay’s dividend payout ratio is 28.12%.

Insider Buying and Selling at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of eBay stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the completion of the transaction, the senior vice president directly owned 34,533 shares in the company, valued at $3,769,967.61. This trade represents a 2.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the sale, the chief executive officer directly owned 275,431 shares of the company’s stock, valued at approximately $31,214,595.23. The trade was a 3.88% 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. Over the last quarter, insiders sold 76,012 shares of company stock valued at $8,747,852. Company insiders own 0.67% of the company’s stock.

Institutional Trading of eBay

Institutional investors and hedge funds have recently modified their holdings of the stock. Simplicity Wealth LLC bought a new position in shares of eBay in the second quarter valued at approximately $325,000. Chase Investment Counsel Corp bought a new stake in eBay during the second quarter worth $11,521,000. HBK Sorce Advisory LLC purchased a new stake in eBay in the 2nd quarter valued at $518,000. Global Retirement Partners LLC purchased a new stake in eBay in the 2nd quarter valued at $1,027,000. Finally, 1ST Source Bank bought a new position in eBay during the 2nd quarter valued at $767,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Q2 results beat expectations: Revenue rose 15% year over year to $3.13 billion, while adjusted EPS of $1.60 exceeded the approximately $1.50 consensus estimate. GMV increased 15% to $22.4 billion, supported by luxury goods, collectibles, refurbished products and advertising growth. eBay Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: Outlook was raised: eBay lifted its 2026 GMV growth forecast to 11.5%-12.5% and issued third-quarter revenue guidance above consensus, reinforcing expectations for continued momentum. EBAY Q2 Earnings Beat Estimates on Higher GMV and Ad Growth
• Positive Sentiment: Some analysts see upside: Needham raised its target to $135 and maintained a Buy rating, while Wedbush reaffirmed Outperform with a $135 target. eBay is also expanding live-shopping initiatives and using AI tools to improve commerce. eBay continues to bet on live shopping after record quarter
• Neutral Sentiment: Takeover speculation remains a potential catalyst: Commentary continues to discuss a possible GameStop bid and a $125 offer scenario, but no completed transaction has been announced. eBay also declared a quarterly dividend of $0.31 per share.
• Negative Sentiment: Valuation and margins are concerns: Analysts note that the stock’s valuation may already reflect much of the earnings improvement, while Depop integration could pressure margins. UBS maintained Hold at $107, and Cantor Fitzgerald lowered its target to $106. Citizens JMP also downgraded eBay to Market Perform. eBay Rated Hold as Strong Top-Line Momentum Offsets Margin Pressure from Depop Integration

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.