eBay stock price target raised to $95 from $78 at Needham on strong growth

Published 31/07/2025, 13:46
© Reuters.

Investing.com - Needham raised its price target on eBay (NASDAQ:EBAY) to $95.00 from $78.00 on Thursday, while maintaining a Buy rating following the e-commerce company’s second-quarter results. The e-commerce giant, currently valued at $35.74 billion, has demonstrated strong momentum with a 26.27% year-to-date return.

The firm cited better-than-expected performance in the quarter, noting that eBay reported an acceleration in growth despite rising market expectations. According to InvestingPro data, the company maintains impressive gross margins of 71.85% and trades at a P/E ratio of 18.29.

Needham attributed eBay’s accelerating growth to the strength of its focus categories and investments in platform tools like live commerce, which have allowed the company to benefit from improving macroeconomic conditions while gaining market share.

The research firm acknowledged that while eBay’s valuation has increased, there could be further upside to estimates if the positive momentum continues into 2026.

eBay’s strong results add to a growing list of e-commerce companies reporting topline beats, suggesting the sector may be turning a corner, according to Needham.

In other recent news, eBay reported a robust performance for the second quarter of 2025, exceeding market expectations. The company posted earnings per share of $1.37, surpassing the forecasted $1.29. Revenue also outperformed predictions, reaching $2.73 billion compared to the anticipated $2.64 billion. Following these results, Goldman Sachs raised its price target for eBay from $53.00 to $72.00, despite maintaining a Sell rating on the stock. The increase in the price target was attributed to strong gross merchandise volume, revenue, and non-GAAP EBIT margin, particularly in the U.S. market. These developments highlight the company’s ability to deliver better-than-expected financial outcomes. There were also slight improvements noted in the take rate, contributing to the positive outlook. These recent developments provide investors with critical insights into eBay’s financial health and market performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.