Jefferies Says eBay's (EBAY) Full Recovery Will Take Time - PT to $25

Canaccord Genuity Remains Sidelined as eBay's (EBAY) Transformation Gains Traction

January 28, 2016 9:09 AM EST

Canaccord Genuity reiterated a Hold rating on eBay (NASDAQ: EBAY), and cut the price target to $26.00 (from $28.00), following the company's mixed 4Q earnings results. As GMV growth remains challenged, largely influenced by the strengthening USD. The multi-year effort to transform eBay's global listings into a... More

FX Pressures eBay (EBAY) Price Target - Susquehana

January 28, 2016 8:11 AM EST

Susquehana analyst, Shyam Patil, maintained his Positive rating on eBay (NASDAQ: EBAY) but reduced the price target due to FX headwinds.

Revenue of $2.32b was in line with consensus. Opex came in 2% below expectations, driving non-GAAP operating income to come in ~5%... More

EBay shares sink as strong dollar, competition hit forecast

January 28, 2016 7:50 AM EST

By Tenzin Pema

(Reuters) - EBay Inc's shares plunged 13 percent on Thursday, after a disappointing holiday-quarter performance and a weak forecast suggested that overwhelming competition from Amazon.com Inc was gutting the one-time Wall Street favorite.

EBay, which gets more than half its revenue from overseas, is also fighting the impact of a strong dollar, which has knocked the wind out of profits at several companies that have reported results this earnings season.

The stock fell to $23.01 in early trading, knocking off $4 billion from Ebay's market value.

EBay is trying to... More

Facebook 'likes' push Wall Street higher

January 28, 2016 7:38 AM EST

By Noel Randewich

(Reuters) - Wall Street climbed on Thursday as a blockbuster quarterly report from Facebook drove tech shares higher and a bounce in oil prices propped up the beleaguered energy sector.

Facebook (NASDAQ: FB) surged 15.5 percent in its biggest one-day leap since 2013 after the digital advertising behemoth smashed expectations with a 52-percent jump in fourth-quarter revenue.

Helped also by a 4.28-percent gain in Alphabet (NASDAQ: GOOGL), the S&P tech sector surged 1.48 percent.

The S&P energy sector... More

eBay's (EBAY) Anemic Growth Isn't Appealing - Evercore ISI

January 28, 2016 7:20 AM EST

Evercore ISI analyst, Ken Sena, wouldn't recommend eBay (NASDAQ: EBAY) despite maintaining estimates that are higher than consensus. The growth of 2-5% (up from 0-5%) is just not appealing enough where competitors such as Google and FB are making investments in product ads, customer match, and local targeting for the sake of higher seller conversion. No change to Hold rating but the price target drops to $26 from $29.

GMV of $22b (0.3% y/y and 5% y/y x-FX) was 1%... More

Mizuho Securities Cuts Price Target on eBay (EBAY) Following an In-Line 4Q and Disappointing Guide

January 28, 2016 7:17 AM EST

Mizuho Securities reiterated a Neutral rating on eBay (NASDAQ: EBAY), and cut the price target to $26.00 (from $29.00), following the company's 4Q earnings report. The company reported net revenue and Non-GAAP EPS of $2.32b and $0.50, which was in-line with Street's revenue and EPS estimates. For 1Q16,... More

Facebook shares jump 15.5 percent after strong results

January 28, 2016 6:55 AM EST

By Sayantani Ghosh

(Reuters) - Facebook Inc (NASDAQ: FB) shares surged 15.5 percent on Thursday, their biggest percentage increase since July 2013, after the social networking service posted quarterly results that blew away expectations on every key measure.

Facebook shares closed at $109.11, putting its market capitalization at about $308.6 billion. That would make it the fourth most valuable technology company, overtaking Amazon.com Inc (NASDAQ: AMZN), which was valued at about $296 billion ahead of its results on... More

eBay (EBAY) PT, Estimates Cut at RBC Capital Amid Weak Marketplace Results

January 28, 2016 6:28 AM EST

RBC Capital analyst Mark Mahaney reiterated Sector Perform rating and lowered his price target on eBay (NASDAQ: EBAY) to $29.00 (from $30.00) following results after the close, which showed struggling marketplace results.

Mahaney commented, "Against low expectations, EBAY posted an in-line and lower Q4, with both Revenue and EPS in-line with Street. The company lowered guidance, largely FX related... More

After-Hours Stock Movers 01/27: (FB) (TER) (MLNX) Higher; (NOW) (EBAY) (INCY) Lower (more...)

January 27, 2016 6:07 PM EST

ServiceNow (NYSE: NOW) 15.1% LOWER; reported Q4 EPS of $0.20, $0.12 better than the analyst estimate of $0.08. Revenue for the quarter came in at $285.7 million versus the consensus estimate of $281.36 million. GUIDANCE: ServiceNow sees Q1 2016 revenue of $298-303 million, versus the consensus of $297.8 million. ServiceNow sees FY2016 revenue of $1.3-1.37 billion, versus the consensus of $1.37 billion.

Facebook (NASDAQ: FB) 12.9% HIGHER; reported Q4 EPS of $0.79, $0.11 better than the analyst estimate of $0.68. Revenue for the quarter came in at $5.84 billion versus the consensus... More

eBay (EBAY) Reports In-Line Q4 EPS; Issues Light Q2 Outlook

January 27, 2016 4:02 PM EST

eBay (NASDAQ: EBAY) reported Q4 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.32 billion.

GUIDANCE:

eBay sees FY2016 EPS of $1.82-$1.87, versus the consensus of $1.83. eBay sees... More

Trading Radar for 1/27: Facebook (FB), General Dynamics (GD), eBay (EBAY), Qualcomm (QCOM), Sands (LVS) Report

January 26, 2016 3:09 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EST

MBA Mortgage Index - no Street consensus

Earnings:

02micro (Nasdaq: OIIM) - consensus loss $0.14
Anthem (Nasdaq: ANTM) - consensus EPS $1.22
Biogen (Nasdaq: BIIB) - consensus EPS $4.08
Boeing (NYSE: BA) - consensus EPS $1.26
Booz Allen Hamilton (NYSE: BAH) - consensus EPS... More