eBay price target raised to $100 from $88 at Goldman Sachs

Goldman Sachs raised the firm’s price target on eBay (EBAY) to $100 from $88 and keeps a Neutral rating on the shares. eBay delivered strong Q2 results with GMV, revenue, and earnings all exceeding expectations, driven by continued outperformance in strategic focus categories that now represent a majority of platform activity, the analyst tells investors in a research note. While GMV growth remained strong in the quarter, management guided for a moderation in FY26 growth in the second half due to normalization effects and tougher comparisons, while reaffirming ongoing investments in platform capabilities and continued commitment to shareholder returns through buybacks and dividends, alongside the pending Depop acquisition expected to close in Q3, the firm says.