03:35 PM EDT, 06/05/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $10 to $87, which implies 15.6x our 2025 EPS estimate of $5.58 (up from $5.52; 2026 up to $6.06 from $5.94), sitting above the company's long-term average forward P/E of about 14.0x. We believe this premium is warranted given improving gross merchandise volume (GMV) trends and margin expansion potential. EBAY ( EBAY ) shares, along with other e-commerce peers like ETSY, have outperformed the broader market over the past month, partly due to signs of weaker traffic at competitors Temu and Shein following the May 2 closure of the de minimis tax exemption. We also view EBAY ( EBAY ) as more defensive, given that used and refurbished items make up roughly 40% of GMV. Direct tariff exposure is low (China to U.S. is about 5% of GMV) and the company maintains a robust share buyback program as well as a relatively inexpensive valuation compared to peers. Our Buy rating reflects above-consensus EPS estimates for 2025 and 2026.