Citi Raises eBay Target, Points to Strength in AI Execution

NodeGuardian · 2026-04-01T12:30:04+00:00

Citi analyst Ronald Josey raised eBay's price target to $114, citing strong Q4 results and improved core growth. However, eBay has also implemented job cuts to streamline operations and align with long-term objectives.

NodeGuardian

2026-04-01 12:30:04

Abstract generation in progress

Citi analyst Ronald Josey raised the firm’s price target for eBay Inc. (NASDAQ:EBAY) to $114 from $107, reiterating a Buy rating. The increase was driven by strong Q4 performance, better core growth, and advancements in AI execution. Despite these positive indicators, eBay has undergone multiple rounds of job cuts since 2023, aimed at streamlining operations and aligning staffing with long-term goals, particularly after its acquisition of Depop.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes