Analyst Cheers eBay's AI Fashion Bet As GMV Beats: Details Here
1. EBAY reported Q1 earnings of $1.38, exceeding expectations. 2. Quarterly revenue reached $2.58 billion, surpassing analyst forecasts. 3. Needham analyst raised price forecast to $78, maintaining a Buy rating. 4. JP Morgan and BofA Securities reiterated Neutral ratings with modest price increases. 5. EBAY's focus on AI and fashion could drive future growth.