Deutsche Bank has adjusted its price target for eBay (EBAY, Financial), lowering it slightly from $76 to $75 while maintaining a Buy rating on the stock. This revision reflects the bank's strategic outlook on eBay's performance amidst a potential global consumer spending slowdown.
The decision takes into account eBay's proactive approach in factoring tariff-related disruptions into its forward-looking projections. As a result, the company is expected to experience minimal impact on its gross merchandise volume compared to its peers in the internet sector.
Deutsche Bank's analysis suggests that, despite broader economic challenges, eBay remains well-positioned to navigate through market uncertainties due to its cautious planning. Investors are advised that eBay could continue to perform reliably, even as other companies might face more significant difficulties in adjusting to global demand fluctuations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 28 analysts, the average target price for eBay Inc (EBAY, Financial) is $65.38 with a high estimate of $80.00 and a low estimate of $49.00. The average target implies an upside of 1.23% from the current price of $64.58. More detailed estimate data can be found on the eBay Inc (EBAY) Forecast page.
Based on the consensus recommendation from 34 brokerage firms, eBay Inc's (EBAY, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for eBay Inc (EBAY, Financial) in one year is $59.04, suggesting a downside of 8.58% from the current price of $64.58. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the eBay Inc (EBAY) Summary page.
