eBay’s (EBAY) “Outperform” Rating Reiterated at Oppenheimer

Oppenheimer reaffirmed their outperform rating on shares of eBay (NASDAQ:EBAY) in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a $140.00 price objective on the e-commerce company’s stock, up from their prior price objective of $133.00.

Several other analysts also recently weighed in on the company. Arete Research lowered their target price on eBay from $113.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, September 24th. Wells Fargo & Company upgraded eBay from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $91.00 to $106.00 in a research note on Thursday. Sanford C. Bernstein reissued a “market perform” rating and issued a $115.00 price target on shares of eBay in a report on Monday, August 3rd. Argus upgraded eBay from a “hold” rating to a “buy” rating and set a $133.00 price objective for the company in a research note on Friday, August 7th. Finally, Susquehanna restated a “neutral” rating on shares of eBay in a research note on Friday, August 7th. Sixteen analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, eBay has a consensus rating of “Hold” and a consensus price target of $123.36.

eBay Price Performance

EBAY opened at $121.64 on Thursday. The company has a fifty day simple moving average of $110.83 and a 200 day simple 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 twelve month low of $78.03 and a twelve month high of $124.59. The company has a current ratio of 0.78, a quick ratio of 1.02 and a debt-to-equity ratio of 1.16.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, October 28th. The e-commerce company reported $1.51 earnings per share (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 firm had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the previous year, the firm posted $1.36 EPS. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. Equities research analysts expect that eBay will post 4.45 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $1.24 annualized dividend and a dividend yield of 1.0%. eBay’s payout ratio is presently 27.07%.

Insider Transactions at eBay

In other news, SVP Jordan Sweetnam sold 1,014 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total value of $102,809.46. Following the sale, the senior vice president owned 35,546 shares in the company, valued at approximately $3,604,008.94. This represents a 2.77% 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, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $107.08, for a total transaction of $1,189,658.80. Following the transaction, the chief executive officer directly owned 226,269 shares in the company, valued at $24,228,884.52. The trade was a 4.68% 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. In the last 90 days, insiders sold 34,344 shares of company stock worth $3,635,567. Company insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of EBAY. BlackRock Inc. acquired a new stake in eBay in the 2nd quarter valued at approximately $4,406,897,000. Dimensional Fund Advisors LP raised its stake in eBay by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,901,415 shares of the e-commerce company’s stock valued at $446,042,000 after acquiring an additional 80,450 shares in the last quarter. Legal & General Group Plc bought a new stake in eBay during the 2nd quarter valued at $506,653,000. Amundi boosted its position in eBay by 26.4% during the 2nd quarter. Amundi now owns 4,014,323 shares of the e-commerce company’s stock worth $448,601,000 after acquiring an additional 838,057 shares during the period. Finally, Bank of America Corp DE boosted its position in eBay by 0.8% during the 1st quarter. Bank of America Corp DE now owns 3,722,253 shares of the e-commerce company’s stock worth $338,799,000 after acquiring an additional 30,761 shares during the period. Institutional investors own 87.48% of the company’s stock.

Key Stories Impacting 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.