eBayEBAY
Market Cap: $28.9B
About: EBay operates one of the largest e-commerce marketplaces in the world, with $73 billion in 2023 gross merchandise volume, or GMV, rendering the firm a top 10 global e-commerce company. The company generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 130 million buyers and roughly 20 million sellers across almost 190 global markets at the end of 2023. EBay generates just north of 50% of its GMV in international markets, with a large presence in the UK, Germany, and Australia.
Employees: 12,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
18% more call options, than puts
Call options by funds: $328M | Put options by funds: $277M
13% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 85
1% more funds holding
Funds holding: 918 [Q1] → 929 (+11) [Q2]
0.86% more ownership
Funds ownership: 88.32% [Q1] → 89.18% (+0.86%) [Q2]
0% less capital invested
Capital invested by funds: $24.1B [Q1] → $24.1B (-$72.5M) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 331 | Existing positions reduced: 342
38% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 5 (-3) [Q2]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Cantor Fitzgerald Deepak Mathivanan 53% 1-year accuracy 9 / 17 met price target | 5%upside $62 | Neutral Initiated | 5 Sept 2024 |
Truist Securities Youssef Squali 56% 1-year accuracy 44 / 79 met price target | 2%downside $58 | Hold Maintained | 6 Aug 2024 |
Goldman Sachs Eric Sheridan 60% 1-year accuracy 33 / 55 met price target | 22%downside $46 | Sell Maintained | 2 Aug 2024 |
Susquehanna Shyam Patil 60% 1-year accuracy 34 / 57 met price target | 1%upside $60 | Neutral Maintained | 2 Aug 2024 |
Citigroup Ygal Arounian 46% 1-year accuracy 6 / 13 met price target | 10%upside $65 | Buy Maintained | 1 Aug 2024 |
Financial journalist opinion
Based on 10 articles about EBAY published over the past 30 days