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

eBay (NASDAQ:EBAY) had its price objective cut by research analysts at Piper Sandler from $102.00 to $98.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has an “overweight” rating on the e-commerce company’s stock. Piper Sandler’s target price points to a potential upside of 11.30% from the stock’s current price.

Several other brokerages also recently commented on EBAY. Wedbush lifted their target price on eBay from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Argus restated a “hold” rating on shares of eBay in a report on Thursday, August 14th. Bank of America upped their price objective on shares of eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, August 25th. Weiss Ratings restated a “buy (b)” rating on shares of eBay in a report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on eBay from $96.00 to $100.00 in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nineteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, eBay has an average rating of “Hold” and an average target price of $94.69.

eBay Stock Performance

Shares of EBAY stock opened at $88.05 on Tuesday. The business’s 50-day moving average price is $90.58 and its 200-day moving average price is $83.81. eBay has a 12 month low of $58.71 and a 12 month high of $101.15. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $39.80 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 2.39 and a beta of 1.29.

eBay (NASDAQ:EBAY) last posted 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 business 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 firm’s revenue was up 9.5% compared to the same quarter last year. During the same period last year, the company earned $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. Equities research analysts forecast that eBay will post 3.86 EPS for the current year.

Insider Buying and Selling at eBay

In related news, SVP Cornelius Boone sold 4,439 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the transaction, the senior vice president owned 93,392 shares of the company’s stock, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of eBay 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 of the company’s stock, valued at $233,367.48. This trade represents a 92.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 63,317 shares of company stock valued at $5,361,568 over the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Cerity Partners LLC lifted its stake in eBay by 23.3% during the 1st quarter. Cerity Partners LLC now owns 108,387 shares of the e-commerce company’s stock valued at $7,341,000 after acquiring an additional 20,497 shares in the last quarter. New York State Common Retirement Fund raised its holdings in shares of eBay by 7.4% in the first quarter. New York State Common Retirement Fund now owns 350,793 shares of the e-commerce company’s stock valued at $23,759,000 after purchasing an additional 24,262 shares during the last quarter. CWM LLC lifted its position in shares of eBay by 19.9% during the first quarter. CWM LLC now owns 24,273 shares of the e-commerce company’s stock valued at $1,644,000 after purchasing an additional 4,030 shares in the last quarter. Edgestream Partners L.P. lifted its position in shares of eBay by 488.9% during the first quarter. Edgestream Partners L.P. now owns 31,239 shares of the e-commerce company’s stock valued at $2,116,000 after purchasing an additional 25,934 shares in the last quarter. Finally, Signaturefd LLC grew its position in eBay by 4.4% in the 1st quarter. Signaturefd LLC now owns 6,912 shares of the e-commerce company’s stock worth $468,000 after purchasing an additional 292 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

eBay Company Profile

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.