eBay (EBAY) Q2 Results 'Decent', Needham & Company Says

eBay (EBAY) PT Cut to $57 at Canaccord Genuity; 'Buy' Maintained

Canaccord Genuity analyst Michael Graham lowered his price target on buy-rated eBay (NASDAQ: EBAY) to $57.00 (from $60.00) following Q2 results but maintained a Buy rating.

The analyst said PayPal is becoming a mainstream payments solution - the payments... More

eBay (EBAY) PT Trimmed at Evercore Partners

Evercore Partners analyst Ken Sena lowered estimates and his price target on Equal Weight-rated eBay (NASDAQ: EBAY) to $54.00 (from $58.00) following Q2 results.

Sena comments, "eBay reported softer revenues of $4.37bn (12.6% y/y), behind our 13.9%y/y and at the midpoint of guidance. The miss was largely driven by Marketplaces which came in 2% below our $2.2bn (11% y/y), though the... More

Goldman Sachs Trims Price Target on eBay (EBAY)

Goldman Sachs maintained a Conviction Buy on eBay (NASDAQ: EBAY) and reduced its price target to $61.00 (from $64.00). The change follows Q2 results.

Analyst Heath P. Terry said, "eBay reported 2Q revenues of $4.37bn (+12.6% yoy vs. +13.7% in 1Q) and non-GAAP EPS of $0.69, vs. consensus at $4.39bn... More

eBay (EBAY) 'Neutral' Stance Maintained at SunTrust Robinson Humphrey Post Q2

SunTrust Robinson Humphrey analyst Robert Peck reiterated a Neutral rating and $58 price target on eBay (NASDAQ: EBAY) following Q2 results.

2Q POSITIVES. 1) Payments continued to grow at a robust pace (TPV +26% y/y) and segment margins expanded 150 bps y/y to 24.5%;... More

eBay (EBAY) PT, Estimates Trimmed at Jefferies

Jefferies US Internet Team trimmed estimates and its price target on Buy-rated eBay (NASDAQ: EBAY) to $59.00 (from $60.00) following Q2 results.

The group said, "eBay reported a mixed qtr despite double-digit user growth and a solid showing from PayPal. Marketplaces disappointed again... More

eBay (EBAY) Q2 Results Bolstered by Payments; Management Softens on Spin Off Tone - Cowen

Cowen and Company affirms its Market Perform rating and $55 target price on eBay (Nasdaq: EBAY) following Q2 results.

Analyst John Blackledge commented, eBay 2Q results were mostly inline, with Marketplace softness mostly offset by Payments. Revenue guidance was modestly weaker for 2H14, reflecting current Marketplace issues; however FY14 EPS intact given share... More

Piper Jaffray Remains Bullish on eBay (EBAY) Despite Another Soft Guide

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and $63 price target on eBay (NASDAQ: EBAY) following 'upbeat' Q2 results which he said outweighs another soft guidance.

Munster comments, "We remain positive on shares of eBay with a $63 PT. Jun-14 results were... More

eBay (EBAY) PT, Estimate Trimmed at Susquehanna

Susquehanna analyst Brian Nowak trimmed his price target on Neutral-rated eBay (NASDAQ: EBAY) to $52.00 (from $54.00) following Q2 results.

Nowak comments, "We leave 2Q earnings where we started: with multiple long-term strategy questions (how will Marketplaces accelerate, fixing the data breach issues, eBay... More

eBay, Inc. (EBAY) Tops Q2 EPS by 1c, Guides Q3 Below Expectations

(Updated - July 16, 2014 4:19 PM EDT)

eBay, Inc. (Nasdaq: EBAY) reported Q2 EPS of $0.69, $0.01 better than the analyst estimate of $0.68. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.38 billion.

PayPal net total payment volume (TPV) grew 29% with Merchant Services volume up 35% and on-eBay volume up 13%. Revenue grew to $1.9 billion. PayPal gained 4.0 million new active registered accounts to end the quarter at 152 million, up 15%. Global on-eBay penetration increased to 79.8%. PayPal... More