eBay (EBAY) Stock Drops 5% Despite Q3 Beat as Guidance Muted
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eBay (EBAY) PT Lowered to $65 at Susquehanna
October 29, 2021 7:04 AM EDTSusquehanna analyst Shyam Patil lowered the price target on eBay (NASDAQ: EBAY) to $65.00 (from $66.00) while maintaining a Neutral rating.
The analyst commented, "GMV and active buyers remain under pressure, due mostly to EBAYs strategic pivot to focusing on higher quality... More
eBay (EBAY) Stock Slips 5% on Weak Guidance Amid Supply Chain Constraints, Analyst Says Shares Fairly Valued
October 28, 2021 7:28 AM EDTShares of eBay (NASDAQ: EBAY) are down 5% in pre-open Thursday after the company reported Q3 results and shared its Q4 outlook.
eBay reported Q3 EPS of $0.90, slightly ahead of the analyst estimate of $0.89. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.46 billion.
"Our team delivered another strong quarter, once again meeting or surpassing our expectations for all key business metrics, making further progress on our multi-year strategy. Our Q3 results, driven by the near completion of our managed payments migration, expansion of our advertising portfolio, and... More
eBay (EBAY) PT Raised to $72 at BMO Capital
October 28, 2021 6:41 AM EDTBMO Capital analyst Daniel Salmon raised the price target on eBay (NASDAQ: EBAY) to $72.00 (from $71.00) while maintaining a Market Perform rating.
The analyst commented, "We see the story as largely unchanged. Tough comps and a competitive eCommerce market lead to disappointing 4Q... More

