EBay beats earnings estimates on strong U.S. holiday spending
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CFRA Upgrades eBay (EBAY) to Buy
February 28, 2024 3:40 PM ESTCFRA analyst Arun Sundaram upgraded eBay (NASDAQ: EBAY) from Buy to Buy with a price target of $55.00 (from $45.00).
The analyst comments "We lift our 12-month target by $10 to $55, calculated using an EV/EBITDA multiple of 9.0x our 2024 adj-EBITDA estimate of $3,290M (+4% Y/Y) vs. the... More
eBay (EBAY) PT Raised to $58 at Benchmark, 'GMV Growth Sighted. Can Momentum Continue?'
February 28, 2024 7:08 AM ESTBenchmark analyst Daniel Kurnos raised the price target on eBay (NASDAQ: EBAY) to $58.00 (from $56.00) while maintaining a Buy rating.
The analyst comments "eBay (EBAY: Buy, PT from $56 to $58) finished off the year on a high note, exceeding consensus across the board for 4Q. More importantly, however, was... More
Citi on eBay (EBAY): 'Macro Pressure Persists, But Margins Better and Investment Areas Seeing Returns'
February 28, 2024 6:45 AM ESTCiti on eBay (NASDAQ: EBAY): 'Macro Pressure Persists, But Margins Better and Investment Areas Seeing Returns'
The analyst comments "eBay reported 4Q23 revenue, non-GAAP OI margins, and EPS ahead of expectations. While 1Q24 top line was below consensus (with a softer January contributing) margin... More
Needham on eBay (EBAY): 'Guide Reflects Some Optimism for 2H24'
February 28, 2024 6:43 AM ESTNeedham analyst Anna Andreeva reiterated a Hold rating and {REMOVEPT} price target on eBay (NASDAQ: EBAY)
The analyst comments "After a soft start to 4Q23, demand improved late November/December and especially in the US with value consumer (EBAY hasn't historically been a... More
Stifel on eBay (EBAY): 'Expect GMV to Turn Positive in 3Q/4Q'
February 28, 2024 6:40 AM ESTStifel analyst Mark Kelley reiterated a Hold rating and $45.00 price target on eBay (NASDAQ: EBAY)
The analyst comments "EBAY reported a healthy 4Q, with revenue and adjusted EBITDA both ahead of the Street. The start of 2024 is showing uneven demand, with management... More
