eBay Inc. Reports First Quarter Results

eBay (EBAY) Price Target Raised to $64 at UBS

UBS maintained a Buy rating on eBay (NASDAQ: EBAY) and raised its price target to $64.00 (from $62.00), suggesting upside of 13% from its previous closing price. The change follows eBay Q1 earnings report. Analyst Eric J. Sheridan sees "forward drivers."

"Over the... More

eBay (EBAY) PT Lifted to $62 at SunTrust Amid 'Solid' Q1

SunTrust Robinson Humphrey analyst raised his price target on eBay (NASDAQ: EBAY) to $62.00 (from $57.00) following "solid" Q1 results but maintained a Neutral rating.

Pecks Points:

POSITIVES: Solid 1Q results. Guidance is lower per FX though... More

eBay (EBAY) PT, Estimates Bumped by Bearish Analyst at Piper Jaffray Post Q1

Piper Jaffray analyst Gene Munster bumped estimates and his price target on eBay (NASDAQ: EBAY) to $50.00 (from $49.00) following results but maintained an Underweight rating.

Munster commented, "eBay reported Mar-15 results largely in-line with our expectations and raised full year EPS guidance... More

eBay (EBAY) Tops Q1 EPS by 7c; Issues Strong Q3 EPS Outlook

eBay (NASDAQ: EBAY) reported Q1 EPS of $0.77, $0.07 better than the analyst estimate of $0.70. Revenue for the quarter came in at $4.45 billion versus the consensus estimate of $4.42 billion.

PayPal net total payment volume (TPV) grew 18% in the first quarter to $61 billion, with Merchant Services volume up 26% and on-eBay volume down 1%. Payment volume through eBay Marketplaces was $15 billion, representing 24% of total TPV. Revenue grew to $2.1 billion. PayPal gained 3.6 million new active accounts in the quarter, up 11% to 165 million, and processed more than 1 billion transactions in the quarter, up 24%. PayPal... More