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.
Despite outperforming the S&P year-to-date, eBay Inc.'s stock shows caution signals, with a mixed experience from a top-rated seller and declining GMV since 2021. eBay's GMV surged during COVID-19 but has since dropped significantly, with recent stock price increases not aligned with substantial GMV or Active Buyer growth. Key factors behind eBay's 2024 stock surge include AI innovations, strategic partnerships, fee eliminations, and a slight GMV rebound, though these may not justify the rise.
eBay's fourth-quarter results are expected to benefit from AI-powered tools and growth in ad revenue amid seasonal pressures.
Get a deeper insight into the potential performance of eBay (EBAY) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Mike Shorr with @ProsperTradingAcademy discusses some of the names he's watching closely in today's trading session: eBay Inc. (EBAY), FTAI Aviation (FTAI) and IBM Corp. (IBM). Rick Ducat turns to the bullish and bearish technical trends he sees in each company.
eBay (EBAY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
EBay plans to make it easier to buy and sell vehicles on its platform by acquiring online automotive transaction solution provider Caramel. Caramel's platform facilitates vehicle sales on its own site or app, through independent dealers, or through its marketplace and auction partners, eBay said in a Jan. 15 press release.
E-commerce giant eBay has announced plans to acquire Caramel, a startup that helps car sellers and buyers complete the final steps of the transaction — including verification, financing, paperwork, ownership transfer, insurance, and more.
Meta Platforms' partnership with eBay to list items on Facebook Marketplace is expected to boost eBay's user growth and transaction volume. eBay's aggressive share repurchase program and solid dividend yield already made the stock an attractive investment. The stock only trades at 13x '25 EPS targets, and any GMV growth from the Facebook integration will make eBay even cheaper.
The stock price of eBay (NASDAQ: EBAY) saw a 10% jump on Wednesday, January 8, after Meta announced that it would allow certain eBay listings to appear on Facebook Marketplace. A collaboration with Meta might strengthen eBay's competitive standing in the e-commerce landscape.
Shares of eBay (NASDAQ: EBAY) surged nearly 10% on January 8, closing at a 52-week high of $69.40. The rally followed an announcement by Meta Platforms (NASDAQ: META) allowing eBay listings to appear on Facebook Marketplace.
eBay stock price went parabolic on Wednesday after the company received some good news from Meta Platforms, the biggest social media company globally. The stock surged to a high of $71.50, its highest point since November 2021, continuing a trend that started in October when it bottomed at $31.