eBay (EBAY) Stock: $60 Price Target And Buy Rating

By Amit Chowdhry ● May 17, 2022
  • The shares of eBay (NASDAQ: EBAY) have received a $60 price target from UBS. These are the details.

The shares of eBay (NASDAQ: EBAY) have received a $60 price target from UBS. And UBS analyst Kunal Madhukar is maintaining a “Buy” rating on the shares.

Madhukar adjusted the rating following eBay’s first-quarter results. eBay reported a Q1 EPS of $1.05, which was $0.02 higher than analyst estimates of $1.03. And the revenue for the quarter was $2.5 billion compared to the consensus estimate of $2.46 billion.

In terms of guidance, eBay expects a Q2 2022 EPS of between $0.87 and $0.91, compared to the consensus of $1.01. And eBay expects Q2 2022 revenue of between $2.35 billion and $2.4 billion, compared to the consensus of $2.54 billion.

And eBay expects FY2022 EPS of between $3.90 and $4.10, compared to the consensus of $4.34. And eBay expects FY2022 revenue of between $9.6 billion and $9.9 billion, compared to the consensus of $10.4 billion.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.