eBay Stock: Analyst Estimates & Ratings

Core Insights - eBay Inc. is valued at a market cap of $37.2 billion and operates one of the largest e-commerce marketplaces globally, connecting millions of buyers and sellers across over 190 markets [1] Performance Overview - eBay's shares have surged 29.8% over the past 52 weeks, outperforming the S&P 500 Index, which gained 17.7% during the same period [2] - Year-to-date, eBay's stock is up 31.3%, compared to a 16.3% rise in the S&P 500 Index [2] - However, eBay has underperformed the ProShares Online Retail ETF, which returned 36.7% over the past 52 weeks and 34.1% year-to-date [3] Financial Results - eBay reported Q3 earnings on October 29, with revenue increasing 9.5% year-over-year to $2.8 billion, surpassing consensus estimates by 2.9% [4] - The adjusted EPS for Q3 was $1.36, reflecting a 14.3% increase from the previous year and exceeding analyst expectations by 2.3% [4] - Despite positive earnings, eBay's shares fell 15.9% in the following trading session due to a weaker-than-expected Q4 profit outlook and stagnant active buyer numbers year-over-year [4] Future Expectations - Analysts project eBay's EPS to grow 12.5% year-over-year to $4.42 for the current fiscal year ending in December [5] - eBay has a strong earnings surprise history, having exceeded or met consensus estimates in the last four quarters [5] Analyst Ratings - Among 33 analysts covering eBay, the consensus rating is a "Moderate Buy," with a distribution of ratings including nine "Strong Buy," two "Moderate Buy," 20 "Hold," one "Moderate Sell," and one "Strong Sell" [5] - The analyst sentiment has slightly improved, with eight analysts now suggesting a "Strong Buy" rating [6] - Wedbush maintained a "Hold" rating on eBay with a price target of $90, indicating a potential upside of 10.7% from current levels [6]