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UBS: eBay Inc. (EBAY) Is A Bottom-Ranked Quant Stock

We recently made a list of UBS’ Bottom Quant Stocks In AI, IT, Healthcare & Others: 29 Stocks In All Sectors. In this piece, we will look at where eBay Inc. (NASDAQ:EBAY) ranks on the list of UBS’ bottom quant stocks. With November 2024 having settled in and the US presidential election in its final […]

eBay Inc. (EBAY): A Bear Case Theory

We came across a bearish thesis on eBay Inc. (EBAY) on The Finance Corner’s Substack by Kostadin Ristovski, ACCA. In this article, we will summarize the bears’ thesis on EBAY. eBay Inc. (EBAY)’s share was trading at $61.50 as of Nov 12th. EBAY’s trailing and forward P/E were 15.73 and 11.90 respectively according to Yahoo Finance. eBay, […]

EBay Stock Is a Buy After Guidance Disappoints, Analyst Says

eBay stock was rising Tuesday after a Bernstein analyst upgraded shares of the online marketplace on confidence that the stock’s pullback provides an attractive entry point. Nikhil Devnani upgraded shares of eBay to Outperform from Market Perform on Tuesday, while maintaining a $70 price target, which implies a 16% increase from the stock’s closing price on Monday. This upgrade comes after shares have dropped 9.4% from their 52-week closing high of $67.17 on October 8.

Why eBay (EBAY) Stock Is Trading Lower Today

Shares of online marketplace eBay (NASDAQ:EBAY) fell 20.8% in the afternoon session after the company reported third-quarter earnings and provided revenue guidance for the next quarter, which missed analysts' expectations. In addition, its EBITDA fell short of Wall Street's estimates. Overall, this quarter could have been better.

Heard on the Street: Etsy’s Crafty Niche Has Its Limits

Etsy has been trying to find new ways to draw more sales on its platform, but creativity might have its limits. The company, which also owns second-hand clothing marketplace Depop and musical instrument marketplace Reverb, said the volume of sales through its marketplaces declined 4.1% last quarter on the year, more than analysts had anticipated. For the year, Etsy expects total gross merchandise sales to decline by a low-single digit percentage, which would mark a third year of declines.
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