American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

eBay stock price forecast: will it rise or fall after earnings?

by admin February 25, 2025
February 25, 2025
eBay stock price forecast: will it rise or fall after earnings?

The eBay stock price has done well in the past few years, and is nearing the highest level since November 2021. It has done by over 102% from the lowest point in 2022, bringing its market cap to over $33 billion. So, what next for the eBay share price ahead of its earnings on Wednesday?

eBay has struggled in the past few years

eBay, a company that was seen a viable alternative to Amazon, has struggled in the past few years as its growth remained muted. It annual revenue in 2023 came in at $10.1 billion in 2023, slightly higher than the $9.7 billion a year earlier.

eBay has faced elevated competition from the likes of Amazon, Wayfair, and Walmart. Still, data shows that the company is still highly popular among users. It had over 133 million buyers in the third quarter of last year. 

The company had a gross merchandise volume of $18.3 billion. Most recently, data shows that eBay’s website had over 639 million visitors in January, a sign that it is still a big player in the ecommerce industry.

The most recent results showed that eBay’s revenue was $2.6 billion in the third quarter as the number of enthusiast buyers jumped to 16 million.

eBay’s growth has been driven mostly by its international business. For example, the US Gross Merchandise Volume (GMV) slowed to $8.7 billion in Q3, whil the international one rose to $9.6 billion. 

The company’s revenue growth has been partly because of its advertising segment whose revenue rose to $396 million in Q3.

Earnings ahead

The next key catalyst for the eBay stock price will be its fourth-quarter earnings scheduled on Wednesday. The guidance is that its revenue will be between $2.53 billion and $2.59 billion. Its performance will be moderate because of it phased monetization of its consumer-to-consumer business in the UK. 

eBay’s operating margin is expected to be between 26.5% and 275, while the EPS will be between $1.17 and $1.22. 

According to Yahoo Finance, the average revenue estimate by Wall Street analysts is that its revenue will be $2.58 billion. That revenue will bring the annual figure to $10.28 billion, a 1.68% increase from a year earlier. 

eBay’s earnings per share is expected to be $1.12, higher than the $1.02 it made in the same quarter in 2023.

A potential catalyst for the eBay earnings will be the recent integration with Facebook Marketplace that gives it access to billions of users globally. 

The other catalyst is that the company is actively returning funds to shareholders. It recently boosted its share repurchase program by $3 billion. These repurchases have helped it to drastically reduce its outstanding shares frm over 705 million in 2020 to 482 million today.

eBay stock price forecast

eBay stock chart by TradingView 

The weekly chart shows that the eBay share price has been in a strong bullish trend in the past few years as it surged from $34.25 in October 2022 to $70. It has remained above the 50-week and 200-week moving averages. 

The Relative Strength Index (RSI) has continued rising and is nearing the overbought level of 70. Also, the MACD indicator remains above the zero line. 

Therefore, trend following suggests that the eBay stock price will continue rising as bulls target the all-time high of $75.85. 

However there is a risk in that the eBay stock price has continued to form a rising wedge chart pattern. This pattern is made up of two ascending and converging trendlines. In most cases, a bearish breakdown typically happens when the two lines near their confluence. 

The post eBay stock price forecast: will it rise or fall after earnings? appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Nexo partners with Acapulco Tennis Open in landmark deal
next post
Long TAP: Molson Coors’ Robust Earnings and Strategic Focus Propel Bullish Momentum

Related Posts

Asia-Pacific markets edge higher as investors eye key...

December 2, 2024

Watch out! SCHD ETF could form the risky...

April 15, 2025

Affirm stock price analysis: to go beast mode...

October 13, 2024

Rivian stock price forecast: the best contrarian bet...

December 10, 2024

UK health secretary Wes Streeting vows to cut...

September 12, 2024

Nintendo stock jumps 6% on Switch successor’s backward...

November 6, 2024

Vodafone share price rally has stalled: buy, sell,...

October 16, 2024

Congress approved a TikTok ban. Why it could...

April 27, 2024

Asia markets eye modest gains as global cues...

May 9, 2025

Indian markets tumble as Sensex, Nifty drop over...

December 13, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Interview: Strategic location gives Brazil Potash cost advantage in domestic fertiliser market, says CEO Matt Simpson

      June 1, 2025
    • Canada’s Q1 GDP expands by 2.2%, driven by exports spike ahead of potential US tariffs

      June 1, 2025
    • President Trump to host farewell for Elon Musk as DOGE leader steps away

      June 1, 2025
    • UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars

      June 1, 2025
    • Trump wants Apple to shift iPhone production from India to the US: here’s what it means

      May 18, 2025

    Categories

    • Business (3,022)
    • Investing (2,459)
    • Latest News (1,994)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved