---
title: "These Analysts Raise Their Forecasts On eBay After Better-Than-Expected Q3 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303572063.md"
description: "eBay reported Q3 results beating estimates, with revenue up 14% to $3.206B and EPS of $1.51. Shares rose 6%. Analysts from Needham and Rosenblatt raised price targets to $140 and $137 respectively, citing strong momentum in recommerce."
datetime: "2026-10-29T12:47:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303572063.md)
  - [en](https://longbridge.com/en/news/303572063.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303572063.md)
generator: "portal-rs"
---

# These Analysts Raise Their Forecasts On eBay After Better-Than-Expected Q3 Results

**eBay Inc** (NASDAQ:EBAY) on Wednesday reported upbeat third-quarter financial results.

eBay reported third-quarter revenue of $3.206 billion, up 14% year-over-year. The revenue total beat a Street consensus estimate of $3.114 billion, according to data from Benzinga Pro.

Gross Merchandise Volume was $23.2 billion in the quarter, up 15% year-over-year. The company reported earnings of $1.51 per share, beating a Street consensus estimate of $1.41 per share.

“eBay’s strong third quarter results reflect continued momentum across our business priorities and customer segments as more consumers embrace recommerce,” eBay CEO Jamie Iannone said.

eBay shares gained 6% to $125.00 in pre-market trading.

These analysts made changes to their price targets on eBay following earnings announcement.

-   Needham analyst Bernie McTernan maintained the stock with a Buy and raised the price target from $135 to $140.
-   Rosenblatt analyst Scott Devitt maintained the stock with a Buy and raised the price target from $132 to $137.

*Photo via Shutterstock*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**