Wells Fargo analyst Ken Gawrelski raised the firm’s price target on eBay (EBAY) to $96 from $89 and keeps an Equal Weight rating on the shares following quarterly results. The firm notes Q3 gross merchandise value accelerated to +10% year-over-year and Q4 guidance reflects stable 2-year trends. Focus turns to 2026 margin trajectory as investors await clarity that GMV strength will translate into EPS growth, Wells adds.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EBAY:
- eBay price target raised to $105 from $92 at Barclays
- eBay’s Strong Q3 Performance Overshadowed by Margin Pressures and Operational Challenges, Leading to Hold Rating
- eBay’s Mixed Prospects: Hold Rating Amid Strong Performance and Future Challenges
- eBay Inc. Reports Strong Q3 2025 Results
- Closing Bell Movers: Meta sinks, Alphabet jumps after earnings