eBay (NASDAQ:EBAY) Price Target Raised to $137.00

eBay (NASDAQ:EBAY) had its target price boosted by Rosenblatt Securities from $132.00 to $137.00 in a research report sent to investors on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the e-commerce company’s stock.

EBAY has been the subject of several other reports. Mizuho set a $110.00 target price on shares of eBay in a report on Thursday, August 6th. Jefferies Financial Group cut their price target on eBay from $80.00 to $75.00 and set an “underperform” rating on the stock in a research note on Monday, September 21st. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a research report on Friday, August 7th. Sanford C. Bernstein reiterated a “market perform” rating and set a $115.00 price objective on shares of eBay in a research note on Monday, August 3rd. Finally, UBS Group lifted their price objective on eBay from $120.00 to $131.00 and gave the company a “neutral” rating in a research note on Tuesday. Sixteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $123.36.

eBay Stock Up 0.4%

Shares of eBay stock opened at $121.64 on Thursday. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.78 and a quick ratio of 1.02. The company has a 50-day moving average of $110.83 and a 200 day moving average of $103.86. The firm has a market cap of $54.13 billion, a price-to-earnings ratio of 26.56, a PEG ratio of 3.04 and a beta of 1.33. eBay has a 1 year low of $78.03 and a 1 year high of $124.59.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, October 28th. The e-commerce company reported $1.51 EPS for the quarter, topping the consensus estimate of $1.41 by $0.10. eBay had a net margin of 16.84% and a return on equity of 49.20%. The business had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the previous year, the firm posted $1.36 earnings per share. eBay’s quarterly revenue was up 13.7% on a year-over-year basis. As a group, sell-side analysts anticipate that eBay will post 4.45 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, December 4th. eBay’s dividend payout ratio (DPR) is currently 27.07%.

Insider Activity

In other news, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total transaction of $1,205,990.50. Following the sale, the chief executive officer owned 253,211 shares in the company, valued at $27,486,054.05. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following the sale, the senior vice president directly owned 35,546 shares of the company’s stock, valued at $3,604,008.94. This trade represents a 2.77% decrease in their position. 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 34,344 shares of company stock valued at $3,635,567 over the last ninety days. Corporate insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On eBay

Hedge funds have recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC lifted its holdings in eBay by 9.8% in the third quarter. Chicago Partners Investment Group LLC now owns 9,737 shares of the e-commerce company’s stock valued at $1,182,000 after acquiring an additional 869 shares during the period. Provenance Wealth Advisors LLC boosted its position in eBay by 3,233.3% in the third quarter. Provenance Wealth Advisors LLC now owns 500 shares of the e-commerce company’s stock worth $53,000 after purchasing an additional 485 shares during the last quarter. VCI Wealth Management LLC purchased a new position in eBay in the third quarter worth about $1,919,000. Gerber Kawasaki Wealth & Investment Management purchased a new position in eBay in the third quarter worth about $224,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of eBay during the 3rd quarter valued at about $14,872,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about eBay

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Strong Q3 performance: Revenue rose 14% year over year to approximately $3.2 billion, while adjusted EPS of $1.51 exceeded Wall Street expectations. Gross merchandise volume increased roughly 15% to $23.2 billion, supported by broad marketplace strength and rising advertising sales. eBay Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Raised outlook: eBay now expects full-year 2026 EPS of $6.25-$6.30, above the $5.89 consensus estimate, and fourth-quarter EPS of $1.48-$1.53 versus expectations of $1.42. Full-year revenue guidance of $12.6-$12.7 billion also exceeds consensus, while Q4 revenue guidance is in line with estimates.
• Positive Sentiment: Growth initiatives gaining traction: Organic GMV grew 13%, U.S. Depop merchandise volume more than doubled, and fashion sales across eBay and Depop reached approximately $9 billion over the past year. eBay also returned $827 million to shareholders through dividends and share repurchases. eBay: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst support: Citigroup raised its target to $145 and assigned a Buy rating. Oppenheimer increased its target to $140, while Rosenblatt raised its target to $137. JPMorgan and Susquehanna lifted targets to $125 but retained Neutral ratings.
• Neutral Sentiment: Management’s stronger forecast and analyst optimism have improved sentiment, but the stock’s valuation and proximity to its 52-week high may limit additional upside unless growth continues to exceed expectations.
• Negative Sentiment: Higher operating expenses narrowed margins despite the earnings beat, creating a key execution risk as eBay invests in advertising, eBay Live, Depop, and other growth initiatives. EBAY Q3 Earnings and Revenues Beat Estimates

About eBay

eBay Inc operates a global online marketplace that connects buyers and sellers. Through its platform, individuals, small businesses and larger retailers can list and purchase new, used and refurbished merchandise across categories such as electronics, apparel, collectibles, automotive parts and accessories, home goods and industrial products. Transactions may take place through auctions or fixed-price listings, with payments, shipping and other seller and buyer services supporting the marketplace experience.

Founded in 1995 as AuctionWeb by Pierre Omidyar, eBay has grown from an online auction site into a broad e-commerce platform.