Get Stock Quote Here eBay Inc. (EBAY) (stylized as "ebay" since late 2012) is an American multinational corporation and e-commerce company, providing consumer-to-consumer and business-to-consumer sales services via the internet. It is headquartered in San Jose, California. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. Today it is a multibillion-dollar business with operations localized in over 30 countries.[5] The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. In addition to its auction-style sales, the website has since expanded to include "Buy It Now" shopping; shopping by UPC, ISBN, or other kind of SKU (via Half.com); online classified advertisements (via Kijiji or eBay Classifieds); online event ticket trading (viaStubHub); and other services. It previously offered online money transfers (via PayPal),[6] which was a wholly owned subsidiary of eBay from 2002 until 2015. The website is free to use for buyers, but sellers are charged fees for listing items and again when those items are sold.
Reported after close today (4/26/16) Earnings: EPS $0.47 Revenue $2.14B Estimates: EPS $0.45 Revenue $2.08B
RBC Capital Markets raised eBay's price target to 31 from 28, and Mizuho raised its price target on the online auction site to 31 from 26. Late Wednesday, eBay reported Q2 results above Wall Street estimates and issued full-year guidance above analysts' estimates. But its Q3 guidance was light. EBay shares climbed 5.6% to 28.58. http://www.investors.com/news/qualcomm-halliburton-ebay-pt-raised-after-earnings/
Analyst Upgrade/Downgrade Update Brokerage firm: The Benchmark Company Change: Coverage Reiterated/Price Target Changed Previous Rating: Buy Current Rating: Buy Previous Price Target: $33 Current Price Target: $38
Analyst Upgrade/Downgrade Update Brokerage firm: Monness Crespi & Hardt Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Buy Previous Price Target: $32 Current Price Target: $35
immediate reaction: Revenue of $2.2 billion GAAP and Non-GAAP EPS per diluted share of $0.36 and $0.45, respectively, on a continuing operations basis
Great company but was obvious the price went up way to far, I am waiting for a dip down to around $22 to buy. Lot more damage coming
Analyst Upgrade/Downgrade Update Brokerage firm: Hilliard Lyons Change: Upgrade Previous Rating: Long-term Buy Current Rating: Buy Previous Price Target: N/A Current Price Target: N/A
Shares of eBay ($EBAY) may come under pressure after the ecommerce giant reported better than expected first quarter results but provided disappointing guidance for the current quarter.
New commercials coming out for EBAY. They felt the Amazon Sunday Packages & overshot last week. Overlay the charts EBAY & AMZN I expect a increase in competition now.
