Benzinga - by Lisa Levin, Benzinga Editor.
eBay Inc. (NASDAQ: EBAY) is projected to release financial results for its third quarter, after the closing bell on Nov. 7, 2023.
Analysts expect the company to post quarterly earnings at $1.00 per share, compared to year-ago earnings of $1.00 per share. The company’s revenue might come in at $2.51 billion, compared to $2.38 billion in the year-ago period.
eBay recently launched a new consignment service, giving users direct access to expert sellers who will list and sell their luxury items on their behalf.
eBay shares fell 0.4% to close at $40.36 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- Stifel analyst Mark Kelley initiated coverage on the stock with a Hold rating and a price target of $46 on Oct. 17, 2023. This analyst has an accuracy rate of 87%.
- B of A Securities analyst Justin Post maintained a Neutral rating and cut the price target from $54 to $52 on July 27, 2023. This analyst has an accuracy rate of 85%.
- Credit Suisse analyst Stephen Ju maintained an Outperform rating and cut the price target from $57 to $56 on July 27, 2023. This analyst has an accuracy rate of 70%.
- Barclays analyst Ross Sandler maintained an Overweight rating and cut the price target from $59 to $55 on July 27, 2023. This analyst has an accuracy rate of 70%.
- Benchmark analyst Daniel Kurnos reiterated a Buy rating with a target of $60 on July 27, 2023. This analyst has an accuracy rate of 69%.
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