Forecast Of The Day: eBay’s Transaction Revenues
What?
Ebay’s (NASDAQ:EBAY) transaction revenues – which includes revenues generated by eBay’s marketplace segments – have risen from $7.6 billion in 2019 to $10 billion in 2021. Trefis expects the metric to grow to close to $11 billion by 2023.
Why?
We expect growth to be driven by the expanding e-commerce market and eBay’s growing merchant base.
So What?
We think eBay stock is undervalued at current levels. We value eBay at $78 per share, 40% ahead of the current market price.
See Our Complete Analysis For eBay
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
| Returns | Mar 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| EBAY Return | 0% | -18% | 83% |
| S&P 500 Return | -1% | -10% | 92% |
| Trefis MS Portfolio Return | 0% | -11% | 252% |
[1] Month-to-date and year-to-date as of 3/2/2022
[2] Cumulative total returns since the end of 2016