eBayEBAY
About: EBay operates one of the largest e-commerce marketplaces in the world, with $73 billion in 2023 gross merchandise volume rendering the firm a top 10 global e-commerce company. It 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 Q3 regulatory filings by fund managers ($100M+ AUM)
120% more first-time investments, than exits
New positions opened: 152 | Existing positions closed: 69
100% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 12 (+6) [Q3]
15% more capital invested
Capital invested by funds: $24.6B [Q2] → $28.3B (+$3.74B) [Q3]
8% more funds holding
Funds holding: 940 [Q2] → 1,011 (+71) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 340 | Existing positions reduced: 357
8% less call options, than puts
Call options by funds: $374M | Put options by funds: $408M
2.04% less ownership
Funds ownership: 91.07% [Q2] → 89.04% (-2.04%) [Q3]
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Wells Fargo Ken Gawrelski 64% 1-year accuracy 32 / 50 met price target | 11%downside $59 | Equal-Weight Maintained | 14 Jan 2025 |
Morgan Stanley Nathan Feather 67% 1-year accuracy 2 / 3 met price target | 9%upside $72 | Overweight Maintained | 13 Jan 2025 |
Citigroup Ygal Arounian 57% 1-year accuracy 12 / 21 met price target | 13%upside $75 | Buy Maintained | 3 Jan 2025 |
Jefferies John Colantuoni 71% 1-year accuracy 12 / 17 met price target | 21%downside $52 | Underperform Downgraded | 10 Dec 2024 |
Mizuho James Lee 65% 1-year accuracy 20 / 31 met price target | 9%downside $60 | Neutral Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 23 articles about EBAY published over the past 30 days
