Reported 2 days ago
JPMorgan analyst Doug Anmuth has increased the price target for eBay (EBAY) from $60 to $66, maintaining a Neutral rating, following the company's better-than-expected Q1 2025 earnings, which showed a revenue increase to $2.58 billion and a 14% rise in advertising revenue. Despite a fourth consecutive quarter of positive gross merchandise volume growth and a cash position of $6.2 billion, challenges such as tariffs and consumer confidence remain. The report suggests that while eBay has investment potential, some AI stocks may present greater opportunities.
Source: YAHOO