01:35 PM EDT, 07/31/2025 (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 to $107 from $87, applying a 17x P/E multiple (up from 16x) to our 2026 EPS estimate of $6.29 (up from $6.06; 2025 up slightly to $5.59 from $5.58) vs. the 14x long-term average. Our revised estimates reflect strong Q2 results, including a 6-point acceleration in U.S. gross merchandise volume (GMV), as consumer demand remains healthy. Growth in Focus Categories, such as collectibles, parts & accessories, luxury goods, refurbished items, and apparel, supported the top-line strength. The strong revenue performance is driving operating leverage, supporting EBAY's ( EBAY ) already robust margin profile. We now forecast operating margins expanding 40 bps in 2025 to 28.5%, and another 60 bps in 2026 to 29.1%. Combined with ongoing share buybacks, we expect EPS to grow 15% in 2025 and 13% in 2026.