eBay stock surged 5.1% in the past three months, outperforming the Nasdaq
From Nasdaq: 2025-03-20 12:19:37
eBay Inc. (EBAY) is a large-cap stock with a market cap of $30.4 billion, operating online marketplaces connecting buyers and sellers in various categories. The company benefits from strong brand recognition, AI-driven recommendations, and a focus on sustainability. Shares surged 5.1% in the past three months, outperforming the Nasdaq Composite.
Despite its strength, eBay slipped 6.2% from its 52-week high of $71.61 achieved on Feb. 26. Over the past year, EBAY has rallied 29.7% and is up 8.5% YTD. The company released its Q4 earnings with adjusted EPS of $1.25 and revenue of $2.6 billion, meeting Wall Street’s forecast but tumbled 8.2% due to underwhelming Q1 revenue guidance.
EBAY’s underwhelming Q1 revenue guidance of 1% growth at most led to a sharp decline in stock price. The company has lagged behind its rival, MercadoLibre, Inc. (MELI), with analysts moderately optimistic about its prospects. The stock has a consensus rating of “Moderate Buy” with a mean price target of $66.36 and a Street-high price target of $80.
Read more at Nasdaq: Is eBay Stock Outperforming the Nasdaq?
