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Up 17% YTD, What To Expect From EBay Q1 Results?
Forbes· 2024-04-26 09:00
POLAND - 2024/02/23: In this photo illustration, an Ebay logo seen displayed on a smartphone. (Photo ... [+] Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImageseBay (NASDAQ: EBAY) is scheduled to report its fiscal Q1 2024 results on Wednesday, May 1. We expect the stock to post mixed results with revenues beating the consensus but earnings missing the mark. The company outperformed the street estimates in the last quarter, with net revenues in ...
eBay Launches 5th Annual Up & Running Grants Program, Awarding $500,000 to Small Businesses
Prnewswire· 2024-04-25 16:00
Now in its 5th year, eBay's Up & Running Grants program demonstrates the company's ongoing commitment to entrepreneurial success on its platform. With the grants, small businesses are able to invest in physical and digital store improvements, new equipment and inventory, hiring, training, marketing and more. A survey of last year's awardees reveals that 90% found the grant extremely or very helpful, and 90% also felt more confident about the future of their businesses. Further, 10% of recipients say they le ...
Best Value Stocks to Buy for April 24th
Zacks Investment Research· 2024-04-24 11:56
Here are two stocks with buy rank and strong value characteristics for investors to consider today, April 24th:Gentherm Incorporated (THRM) : This thermal management and pneumatic comfort technologies company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.Gentherm has a price-to-earnings ratio (P/E) of 17.75, compared with 20.04 for the S&P 500. The company possesses a Value Score  of B.eBay Inc. (EBAY) : This onlin ...
E-Commerce Stock Earns Overdue Upgrade
Schaeffers Research· 2024-04-18 13:12
E-commerce stock eBay Inc (NASDAQ:EBAY) is 3.9% higher in premarket trading, following a bull note from Morgan Stanley. The analyst upgraded EBAY to "overweight" from "underweight" and nearly doubled its price target to $62 from $35, saying the stock is undervalued compared to peers such as Etsy (ETSY).Morgan Stanley's new price target represents a level eBay stock hasn't seen since the end of 2021. Should today's premarket gains hold, EBAY will snap a five-day losing streak. The security is outperforming t ...
EBay Uses AI to Deliver Personalized Recommendations to Fashion Shoppers
PYMNTS· 2024-04-10 01:07
EBay has launched an artificial intelligence (AI) enhancement that helps fashion consumers “shop the look.”This feature uses consumers’ shopping history to present them with items and outfits that match their style preferences and are available from sellers on the platform, the company said in a Tuesday (April 9) blog post.“We designed shop the look to evolve with the tastes of our customers by taking cues from their shopping habits,” Raul Romero, a product manager at eBay, wrote in the post. “Their style r ...
FROM BUFFETT TO BENIOFF: CONTINUING A LEGACY OF COMPASSION AND GENEROSITY
Prnewswire· 2024-04-10 00:52
Annual GLIDE Power of One Charity Lunch Auction to be Hosted by Salesforce Chair and CEO Marc Benioff, Powered by eBay SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- For more than 60 years, GLIDE has been dedicated to fighting systemic injustices, creating pathways out of poverty and crisis and transforming lives. GLIDE announced today its annual Power of One Charity Lunch Auction, an exclusive lunch auction launched by Warren Buffett more than 20 years ago, will now be hosted by Salesforce Chair and CEO Marc ...
Good Year Ahead for the E-commerce Industry: 2 Picks
Zacks Investment Research· 2024-04-08 18:26
This year is likely to be a good one for e-commerce, with the segment expected to take away big slices of the total retail pie. Commerce Department numbers for the last quarter is proof of this: e-commerce sales in the fourth quarter of 2023 grew 7.5% over 4Q22 (0.8% sequentially), with total retail sales increasing 2.8% (0.4% sequentially). E-commerce accounted for around 15.6% of total U.S. retail sales. The convenience of online shopping remains the top reason for ecommerce volumes and this is particular ...
Why eBay Stock Went Up 12% Last Month
The Motley Fool· 2024-04-04 21:43
Can a low-growth business reward shareholders?Shares of online marketplace eBay (EBAY -0.87%) were up 11.6% in March, according to data provided by S&P Global Market Intelligence. While there wasn't a specific catalyst in March, the company reported full-year financial results for 2023 in late February. And some analysts weighed in positively about eBay stock in March in light of its 2023 report.Some investors wrongly think that eBay is a business in decline. But the report for 2023 showed it is a stable bu ...
eBay Motors drops collection of iconic memorabilia from Ken Block's storied motorsports career
Prnewswire· 2024-04-03 13:39
In a nod to Ken's racing number, the drop includes 43 collectibles representing his projects through the years, from dinged-up wheels featured on the "Hoonicorn" in Gymkhana 10 and the "Hoonitron" in Electrikhana One and Two, to the hood, bumper and race suit from Ken's 2015 Global RallyCross Championship campaign. Beyond Ken's personal collection, fans can also purchase limited-run apparel designed in collaboration with Block House Racing. "Ken Block was an undeniable inspiration to car lovers and fans eve ...
Up 19% YTD, Where Is EBay Stock Headed?
Forbes· 2024-03-21 13:00
Sign on facade at headquarters of Internet auction company Ebay in the Silicon Valley, San Jose, ... [+] California, March 15, 2019. (Photo by Smith Collection/Gado/Getty Images)Getty ImageseBay’s stock (NASDAQ NDAQ : EBAY) has gained roughly 19% YTD, as compared to the 9% rise in the S&P500 index. However, at its current price of $52, the stock is trading 6% above its fair value of $49 – Trefis’ estimate for eBay’s valuation. Amid the current financial backdrop, EBAY stock has seen little change, moving sl ...