-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We trim our 12-month target price by $3 to $90, reflecting about 15x our 2026 EPS estimate and a modest premium to the company's long-term average forward P/E of 14x. Our downgrade reflects expectations of decelerating growth as the year progresses, driven by increasingly difficult year-over-year comparisons as eBay laps several transitory tailwinds - including elevated bullion and precious metals trading volumes and a surge in Pokemon and collectibles activity. We also expect international segment growth to remain subdued, with the ongoing conflict in the Middle East weighing on the macroeconomic backdrop across Europe. While the pending acquisition of Depop could represent upside to consensus estimates, we are concerned that EBAY overpaid for the asset and that meaningful earnings accretion may be years away. EBAY will report Q1 2026 results after the market close on April 29.