eBay (NASDAQ:EBAY) Research Coverage Started at Rosenblatt Securities

Rosenblatt Securities started coverage on shares of eBay (NASDAQ:EBAY) in a research note published on Thursday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $120.00 price target on the e-commerce company’s stock.

EBAY has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft set a $124.00 price objective on shares of eBay in a report on Monday, May 4th. Wells Fargo & Company downgraded eBay from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $105.00 to $92.00 in a research note on Monday, August 3rd. Susquehanna reaffirmed a “neutral” rating on shares of eBay in a research report on Friday, August 7th. Piper Sandler reiterated an “overweight” rating and issued a $133.00 price target (up from $115.00) on shares of eBay in a research note on Thursday, August 6th. Finally, Evercore set a $96.00 price target on eBay in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $117.24.

eBay Trading Down 0.5%

EBAY opened at $104.13 on Thursday. The firm’s 50 day moving average is $110.12 and its 200-day moving average is $102.31. eBay has a 52-week low of $78.03 and a 52-week high of $119.31. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $46.34 billion, a P/E ratio of 21.56, a P/E/G ratio of 2.51 and a beta of 1.37.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.10. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. The business’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Analysts expect that eBay will post 4.87 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders 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 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio is 25.67%.

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 11,110 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $108.55, for a total value of $1,205,990.50. Following the sale, the chief executive officer owned 253,211 shares in the company, valued at approximately $27,486,054.05. This represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the transaction, the senior vice president directly owned 32,124 shares in the company, valued at $3,485,775.24. The trade was a 5.64% 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 a total of 37,126 shares of company stock valued at $4,087,886 in the last ninety days. Corporate insiders own 0.67% of the company’s stock.

Institutional Trading of eBay

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of eBay in the 2nd quarter worth approximately $4,406,897,000. Legal & General Group Plc bought a new stake in shares of eBay in the 2nd quarter valued at approximately $506,653,000. Bank of America Corp DE bought a new stake in shares of eBay in the 2nd quarter valued at approximately $405,182,000. Bank of New York Mellon Corp acquired a new stake in shares of eBay during the 2nd quarter valued at approximately $282,479,000. Finally, Nykredit A S acquired a new stake in shares of eBay during the 2nd quarter valued at approximately $256,983,000. 87.48% of the stock is owned by institutional investors.

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.