EBAY Active buyers declined 13%

5 May 2022

I remember i was also a user of EBay in the past few years, but i closed my account in January because of their high fees and lack of sales. i got less views per product than before.
And i noticed that my personal experience with SHOP Shopify and SSTK Shutterstock selling less or PYPL PayPal high fees was other people`s problem too. and we moved away from those services.

Active buyers on eBay declined 13% in the quarter.
Revenue fell 6% to $2.48 billion, but above expectations of $2.46 billion.
The forecast for earnings of 87 - 91 cents per share is below the average analyst view of $1.01 per share.
CFO Stephen Priest: "Those negative (war) impacts will continue through 2022".

My buy area is around 37-40usd.

Looking forward to read your opinion about it.

1 Eki 2022

İşlem kapandı: hedefe ulaştı

Price Target reached!