Citi analyst Ygal Arounian has maintained their bullish stance on EBAY stock, giving a Buy rating today.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ygal Arounian has given his Buy rating due to a combination of factors that highlight eBay’s robust financial performance and promising outlook. The company reported impressive second-quarter results, surpassing expectations in key areas such as Gross Merchandise Volume (GMV), revenue, operating margins, and non-GAAP EPS. Notably, eBay achieved a 6% year-over-year growth in GMV, significantly exceeding the consensus estimate of 2.7%.
Furthermore, eBay’s guidance for the third quarter and full-year 2025 has been revised upward, indicating continued growth momentum. The company expects GMV and revenue to grow at rates above previous forecasts, with non-GAAP EPS projected to increase by 10-12% year-over-year. Additionally, eBay’s free cash flow and share buyback expectations have been raised, reflecting strong financial health. These positive indicators, along with strategic investments in focus categories and geographical expansions, underpin Arounian’s optimistic outlook for eBay.
Arounian covers the Technology sector, focusing on stocks such as Trade Desk, Bumble, and Verisign. According to TipRanks, Arounian has an average return of 8.6% and a 47.68% success rate on recommended stocks.
In another report released today, Barclays also maintained a Buy rating on the stock with a $92.00 price target.