eBay's stock performance has been followed meticulously by investors and analysts alike. The stock showed resilience with analyst revising their price target amid economic uncertainties and tariffs. Despite seeing a
12% weekly decline and a plunge in value, eBay's
Q4 earnings beat expectation which failed to lift its price due to underwhelming sales guidance. Comparison with other online marketplace stocks and industry counterparts like
MercadoLibre,
Jd, as well as
Amazon also played a role in investor sentiment. Additionally, there have been reports of insiders selling large amounts of stock. A major turn of event was the decision by
Meta to test showing eBay listings on Facebook marketplace, which led to a surge in eBay's stock. This integration test could potentially lead to a win-win partnership, but opinion were divided on whether it moved the needle for eBay. Moreover, the announcement of
dividend hikes, share buyback completion, and earnings guidance could be crucial for the stock’s future. Even though eBay outshined with strong EPS, forecasts for the Holiday quarter missed estimates. It was also noted that the company added $3 Billion in market value in one day - thanks to Facebook’s rival marketplace.
Ebay Stocks News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 12 Apr 2025 22:32:14 GMT -
Rating -3
- Innovation 0
- Information 7
- Rumor -1
