Wells Fargo & Company Issues Positive Forecast for eBay (NASDAQ:EBAY) Stock Price

eBay (NASDAQ:EBAY) had its target price increased by equities researchers at Wells Fargo & Company from $104.00 to $105.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the e-commerce company’s stock. Wells Fargo & Company‘s price target indicates a potential downside of 8.89% from the company’s previous close.

EBAY has been the topic of a number of other research reports. Susquehanna lifted their target price on eBay from $95.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Citizens Jmp raised their price target on shares of eBay from $115.00 to $120.00 and gave the stock a “market outperform” rating in a research note on Friday, May 1st. Bank of America lifted their price objective on shares of eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Wall Street Zen upgraded shares of eBay from a “hold” rating to a “buy” rating in a report on Sunday, April 26th. Finally, JPMorgan Chase & Co. raised their target price on shares of eBay from $87.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $108.65.

eBay Trading Up 0.5%

Shares of NASDAQ:EBAY opened at $115.25 on Thursday. The firm has a market cap of $51.17 billion, a price-to-earnings ratio of 26.13, a PEG ratio of 2.53 and a beta of 1.37. eBay has a 12 month low of $75.17 and a 12 month high of $119.31. The company’s fifty day simple moving average is $110.34 and its 200 day simple moving average is $98.00. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36.

eBay (NASDAQ:EBAY) last released its earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, research analysts forecast that eBay will post 4.87 EPS for the current fiscal year.

Insiders Place Their Bets

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 863 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $109.17, for a total transaction of $94,213.71. Following the sale, the senior vice president directly owned 34,533 shares of the company’s stock, valued at approximately $3,769,967.61. This represents a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available 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 eBay stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the transaction, the senior vice president directly owned 32,124 shares of the company’s stock, valued at approximately $3,485,775.24. This trade represents 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. Over the last three months, insiders have sold 88,125 shares of company stock valued at $9,963,512. 0.67% of the stock is currently owned by corporate insiders.

Institutional Trading of eBay

Several institutional investors and hedge funds have recently bought and sold shares of EBAY. Cedar Mountain Advisors LLC boosted its stake in shares of eBay by 128.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 277 shares of the e-commerce company’s stock worth $25,000 after acquiring an additional 156 shares during the period. Cassaday & Co Wealth Management LLC bought a new stake in eBay in the 1st quarter valued at $26,000. Abound Financial LLC bought a new stake in eBay in the 4th quarter valued at $26,000. High Point Wealth Management LLC acquired a new stake in eBay during the 4th quarter valued at $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in eBay during the 4th quarter valued at $27,000. Institutional investors own 87.48% of the company’s stock.

eBay Company Profile

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.