eBay Stock Forecast: Competitive as Ever in the World of E-commerce
The article was written by Whitney Su, a Financial Analyst at I Know First.
Summary:
- eBay delivered an EPS of $0.67 for Q1 2019, up 26% versus prior year, and it is the fourth consecutive quarter of double-digit EPS expansion. This value is expected to grow with eBay’s plan of share repurchases.
- eBay's expansion into Japanese and Indian markets will target more users.
- With a focus on improving the platform’s user-friendliness, eBay is sure to maintain its user base and attract more.
- I give eBay a bullish long-term forecast given the points above. eBay adjusted its EPS and revenue output for the year given strong Q1 2019 performance. eBay is currently priced at 39.02.
Read The Full Premium Article
