Rothschild & Co Redburn Has Lowered Expectations for eBay (NASDAQ:EBAY) Stock Price

eBay (NASDAQ:EBAY) had its price target cut by equities research analysts at Rothschild & Co Redburn from $95.00 to $90.00 in a research note issued to investors on Friday,MarketScreener reports. Rothschild & Co Redburn’s price objective suggests a potential upside of 7.40% from the company’s previous close.

A number of other analysts also recently weighed in on EBAY. Bank of America upped their target price on eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a research report on Monday, August 25th. Arete raised eBay from a “sell” rating to a “neutral” rating and set a $91.00 price target for the company in a research note on Thursday, August 7th. Citizens Jmp upgraded shares of eBay from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock in a research note on Friday, October 24th. Wedbush raised their target price on shares of eBay from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, Jefferies Financial Group boosted their target price on shares of eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a research report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eighteen have issued a Hold rating and two 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 $94.38.

eBay Stock Up 3.6%

Shares of EBAY opened at $83.80 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay has a 12 month low of $58.71 and a 12 month high of $101.15. The firm’s 50 day moving average is $90.74 and its 200-day moving average is $83.43. The stock has a market capitalization of $37.88 billion, a PE ratio of 18.22, a P/E/G ratio of 2.39 and a beta of 1.29.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a return on equity of 41.45% and a net margin of 20.37%.The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.19 earnings per share. 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 Activity at eBay

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the business’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total transaction of $585,478.68. Following the sale, the chief executive officer owned 235,781 shares of the company’s stock, valued at approximately $19,117,123.48. The trade was a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $81.54, for a total transaction 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 63,317 shares of company stock worth $5,361,568. Corporate insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On eBay

Several large investors have recently bought and sold shares of the company. NewEdge Wealth LLC increased its stake in shares of eBay by 1.7% in the third quarter. NewEdge Wealth LLC now owns 621,134 shares of the e-commerce company’s stock valued at $56,492,000 after buying an additional 10,287 shares during the period. Alberta Investment Management Corp acquired a new position in eBay in the 3rd quarter valued at approximately $5,202,000. Syon Capital LLC raised its stake in shares of eBay by 21.6% during the third quarter. Syon Capital LLC now owns 10,653 shares of the e-commerce company’s stock valued at $969,000 after acquiring an additional 1,893 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in shares of eBay by 3.8% during the third quarter. Axxcess Wealth Management LLC now owns 5,129 shares of the e-commerce company’s stock valued at $466,000 after acquiring an additional 190 shares during the last quarter. Finally, Crestwood Advisors Group LLC lifted its holdings in shares of eBay by 13.3% during the third quarter. Crestwood Advisors Group LLC now owns 3,508 shares of the e-commerce company’s stock worth $319,000 after purchasing an additional 411 shares during the period. 87.48% of the stock is currently owned by institutional investors.

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.