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EBAY – a growth stock?

EBAY is due to announce its Q3 Revenues and so, there has been quite a bit of chatter about EBAY in the last few days. As you can see, Stockal’s Social Media Pulse has gone up significantly in the last few days, indicating that the interest levels for EBAY went up. Since Social Media Pulse measures the “acceleration” of social chatter, not just point- in-time volumes, it gives us a composite view of the impact on stock prices.

EBAY Price & Social Sentiment
EBAY Price & Social Sentiment

Last quarter, EBAY traded lower post its Q2 earnings announcement owing largely to slow growth. And analysts are now expecting a sluggish Q3 results. Though the organic growth is disappointing, EBay has a loyal user base to keep it going. EBAY has made 6 acquisitions in 2016, out of which 4 are software startups. Stubhub, another acquisition of Ebay has seen a declining Gross Merchandize Value. Analysts believe that Ebay is trying to reinvent itself with its acquisition streak. Analysts expect 2.33B Revenues this quarter, which is slightly higher than last Quarter (2.31B)

EBAY Revenue Forecast
EBAY Revenue Forecast

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