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eBay Inc. stock price, EBAY
eBay Inc. stock chart:
eBay Inc. close price: 34.07
Stock price forecast:
DOWN TO -0.23%
Total forecasts: 82
Reached: 23 (28.05%)
Total Win: 11.82 (35.04%)
Showing 1-10 of 512 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
eBay Inc. latest news:
Stocks open higher as Dow tries to end 2-day slide
Stocks opened higher on Thursday as The Dow Jones Industrial Average fought to end a two-day slide after data showed the number of Americans applying for jobless benefits fell to a 17-year low. The S&P 500 index climbed 5 points, or 0.2%, to 2,343. The Dow Jones Industrial Average advanced 18 points, or 0.1%, to 20,423, as a post-earnings drop in shares of Verizon Communications Inc. and International Business Machines Corp. caused the benchmark to lag its peers. The Nasdaq Composite Index gained 25 points, or 0.4%, to 5,887. Shares of Philip Morris International Inc. declined after the company's first-quarter profit fell short of expectations. EBay Inc. shares fell after the online retailer delivered earnings and forward guidance that were largely in-line with expectations.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
EBay stock falls 2% after quarterly earnings
Shares of eBay Inc. fell 3% in after-hours trade Wednesday after the company reported earnings and provided an in-line guidance for the new fiscal year. The online marketplace reported adjusted net income of $538 million, or 49 cents a share, compared with $550 million, or 47 cents a share, in the year-earlier period. Analysts surveyed by FactSet were calling for earnings of 48 cents a share. Revenue for the period increased slightly to $2.2 billion from $2.1 billion, in-line with analyst expectations. For the full year, eBay said it anticipating earnings per share between $1.98 and $2.03 a share, which brackets the FactSet forecast of $2.02. It sees revenue in the range of $9.3 billion to $9.5 billion, in-line with the Wall Street guidance of $9.4 billion. EBay said it added 2 million active buyers during the quarter, bringing its total user base to 169 million. Shares of eBay traded down around $33.09 in after-hours trade. The stock has gained 10.2% in the past three months and 39.3% in the past year. The S&P 500 is up 3.3% in three months and 11.3% in the past twelve.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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