Bank of America Securities analyst Justin Post has reiterated their neutral stance on EBAY stock, giving a Hold rating today.
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Justin Post has given his Hold rating due to a combination of factors including eBay’s current market valuation and its performance relative to peers. While eBay has shown a slight beat across key financial metrics such as GMV, revenue, and EPS, the growth remains modest compared to the broader eCommerce sector. The company’s efforts to build a more resilient platform, including fee optimizations and investments in AI, are positive, but the overall growth trajectory is still trailing behind industry leaders.
Despite these initiatives, eBay’s stock is seen as fairly valued when compared to its peers, with a valuation multiple that aligns closely with other major retail and tech companies. The stock’s performance has been solid, aided by reduced tariff exposure and strategic shifts in product offerings, yet the potential for significant upside appears limited. As a result, the Hold rating reflects a balanced view of eBay’s current strengths and market position against its valuation metrics.
Post covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Alphabet Class C. According to TipRanks, Post has an average return of 20.7% and a 62.22% success rate on recommended stocks.
In another report released today, TD Cowen also maintained a Hold rating on the stock with a $64.00 price target.