
eBay (EBAY) Stock Forecast & Price Target
eBay (EBAY) Analyst Ratings
Bulls say
EBay's gross merchandise volume (GMV) for 2024 is projected at $75 billion, solidifying its position as one of the top 10 global e-commerce companies and indicating strong market demand. Notably, eBay's advertising revenue surged to $525 million, representing a year-over-year increase of 21% and comprising 2.6% of total GMV, which highlights the effective monetization strategies in place. Additionally, the company experienced robust GMV growth acceleration, particularly in the U.S., with a year-over-year increase of 13%, emphasizing positive consumer demand and enhanced operating efficiencies that could lead to improved margins.
Bears say
The financial outlook for eBay is viewed negatively due to a significant year-over-year revenue decline in legacy three-party display ads, which fell 40% in the third quarter, signaling potential ongoing challenges in revenue generation. Additionally, the expectation of a sequential decline in the take rate, compounded by consumer pressure and increased competition in the e-commerce environment, raises concerns regarding eBay's ability to sustain gross merchandise volume growth beyond fiscal year 2025. Furthermore, projected non-GAAP operating margins for the company are anticipated to fall below consensus expectations, indicating potential difficulties in managing operating expenses during a competitive landscape.
This aggregate rating is based on analysts' research of eBay and is not a guaranteed prediction by Public.com or investment advice.
eBay (EBAY) Analyst Forecast & Price Prediction
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