eBay (EBAY) PT Lowered to $54 at JPMorgan

Go back to eBay (EBAY) PT Lowered to $54 at JPMorgan

eBay (EBAY) PT Lowered to $48 at Susquehanna

May 6, 2022 10:05 AM EDT

Susquehanna analyst Shyam Patil lowered the price target on eBay (NASDAQ: EBAY) to $48.00 (from $60.00) while maintaining a Neutral rating following earnings.

The analyst commented, "GMV and active buyers remain under pressure due to an easing of the pandemic tailwind and EBAYs strategic... More

Analyst Defends eBay (EBAY) as Shares Drop 7% on Weak Guidance

May 5, 2022 6:35 AM EDT

Shares of eBay (NASDAQ: EBAY) are down nearly 7% in premarket Thursday after the company reported Q1 results and offered guidance for this quarter.

The e-commerce company reported adjusted EPS from continuing operations of $1.05, just above the consensus estimates of $1.04. Net revenue came in at $2.5 billion, down 5.2% YoY and above the analyst consensus of $2.46 billion.

Gross merchandise volume stood at $19.4 billion in the period, down 20% YoY and compared to the consensus projection of $19.35 billion. The number of active buyers totaled 142 million in the quarter, while analysts... More