
eBay (EBAY) Stock Forecast & Price Target
eBay (EBAY) Analyst Ratings
Bulls say
eBay's gross merchandise volume (GMV) for 2024 is projected to reach $75 billion, solidifying its status as a top 10 global e-commerce company, with over 130 million buyers and 20 million sellers in nearly 190 markets. The company has shown strong revenue growth, particularly in advertising, which rose to $525 million, reflecting a year-over-year increase of 21% and constituting 2.6% of total GMV for the quarter. Furthermore, eBay's strong performance was underscored by a notable acceleration in GMV growth, particularly in the U.S. market, which saw a year-over-year increase of 13%, indicating robust consumer demand and increasing transaction values.
Bears say
The financial outlook for eBay is hindered by a significant decline in legacy 3P display ad revenue, which saw a year-over-year decrease of 40%, indicating potential struggles in attracting advertising dollars. Additionally, the company's anticipated non-GAAP operating margin of 25.8% to 26.3% falls short of consensus expectations of 27.2%, further reflecting operational challenges. Furthermore, projected GMV growth is expected to decelerate into fiscal year 2026, compounded by a highly competitive e-commerce environment that may limit both revenue growth and operating leverage.
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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