Added to YB: 2025-08-05
Pitch date: 2025-08-02
EBAY [neutral]
eBay Inc.
-10.52%
current return
Author Info
Sophon Capital Management is a solo analyst with experience both on the buyside (at a Tiger Grand Cub, long/short hedge fund) and on the sell-side (covering Internet at a Wall Street investment bank) who is scouring the public markets for compounding machines and hidden assets. Sign up for the newsletter.
Company Info
eBay Inc., together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally.
Market Cap
$41.9B
Pitch Price
$91.28
Price Target
135.00 (+65%)
Dividend
1.26%
EV/EBITDA
16.91
P/E
20.18
EV/Sales
4.33
Sector
Broadline Retail
Category
growth
EBAY Q2 Earnings Recap
EBAY (earnings update - trimmed position): Q2 beats w/ 6.1% rev growth, 16.1% EPS growth. GMV +6% to $19.5B, focus categories +10% (Pokemon cards up triple digits). Ads +19%. $759M returned to shareholders. New PT $135 (50% upside) on 6% rev CAGR, 22% FCF margins, 20x FCF multiple. Trimmed from 10% to 4.8% as R/R decreased from 4:1 to 2:1.
Read full article (3 min)