Intel stock extends gains after report of possible U.S. government stake
eBay Inc (NASDAQ:EBAY). shares soared to a 52-week high of $73.19, reflecting a remarkable turnaround for the online marketplace. With an impressive 71.8% gross profit margin and strong financial health according to InvestingPro metrics, investors have shown increased confidence in eBay’s growth trajectory and strategic initiatives, propelling the stock to new heights. Over the past year, eBay has witnessed a substantial 38.9% total return, while maintaining a healthy dividend yield of 1.6% with 6 consecutive years of dividend increases. This performance is a testament to eBay’s continued innovation and the successful execution of its business model, which has evidently resonated well with both buyers and sellers on its platform. According to InvestingPro’s Fair Value analysis, the stock appears slightly undervalued, with 11 analysts recently revising their earnings expectations upward.
In other recent news, eBay Inc. reported its first-quarter 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $1.38, compared to the forecasted $1.34. The company also exceeded revenue projections, reporting $2.6 billion against an anticipated $2.55 billion. Following these results, several analyst firms adjusted their price targets for eBay. Susquehanna raised its target to $70, maintaining a Neutral rating, while Needham increased its target to $78, maintaining a Buy rating. Stifel adjusted its target slightly upward to $62, retaining a Hold rating, and JPMorgan increased its target to $60, keeping a Neutral rating. These adjustments reflect a recognition of eBay’s strong performance in the face of uncertain economic conditions. The company’s Gross Merchandise Volume (GMV) showed a 2% year-over-year increase on a foreign exchange-neutral basis, with notable growth in focus categories such as Collectibles. eBay’s management confirmed its full-year outlook but acknowledged potential challenges from macroeconomic factors and tariffs, which could impact future financial performance.
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