Forecast of The Day: eBay’s Transaction Revenue
What?
EBay’s (NASDAQ:EBAY) Transaction Revenue rose from $7.6 billion in 2019 to $9.8 billion in 2021. Trefis expects the metric to grow to about $11 billion by 2023.
Why?
We expect growth to be driven by rising e-commerce volumes and eBay’s growing customer base.
So What?
We think the projected growth isn’t fully priced into eBay stock. We value eBay at $71 per share, about 31% ahead of the current market price.
See Our Complete Analysis For eBay
What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.
| Returns | Apr 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| eBay Return | -5% | -18% | 84% |
| S&P 500 Return | -3% | -8% | 96% |
| Trefis Multi-Strategy Portfolio | -3% | -10% | 253% |
[1] Month-to-date and year-to-date as of 4/19/2022
[2] Cumulative total returns since the end of 2016
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