Cantor Offers Commentary on eBay Inc Ahead of Next Week’s Meetings With eBay and PayPal Managements

Cantor Fitzgerald analyst Youssef Squali came out today with a research note on eBay Inc (NASDAQ:EBAY), maintaining a Buy rating on the stock with a price target of $68. The report came ahead of next week’s meetings with Wall Street analysts and investors in New York City. The meetings will be hosted by management teams from both Ebay and Paypal, Inc., and will address two components: formal introductions and positioning and strategy outlines.

Squali noted, “We expect to get much needed insights into how these businesses are planning on tackling the opportunity in front of them and address some nagging questions investors continue to have. In this brief note, we outline the top 10 questions we often get from investors regarding both eBay Marketplaces and PayPal, now that they’re about to separate, hoping to get some clarity.”

According to, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Youssef Squali has a total average return of 24.9% and a 74.6% success rate. Squali has a 20.1% average return when recommending EBAY, and is ranked #4 out of 3610 analysts.

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  • The reality is, once PayPal departs, the eBay marketplace will continue apace on its journey down the toilet, and anyone that thinks that anyone in the current eBay executive team has any capacity to bring the eBay marketplace back from the brink is delusional …

    Notwithstanding that the eBay Dept of Spin once proclaimed a “400% increase” in eBay’s stock price, from its low of ~$10 in March 2009 during the 2008–2012 global recession to ~$50 (in September 2012), the fact is, in August 2007, immediately prior to the beginning of the GFC, when the “Pain From Bain”—John Joseph Donahoe II (aka Johnny Ho)—now into the eighth (and final) year of his planned “three-year turnaround” of eBay—was already effectively in control of eBay, the share prices of both eBay and Amazon were ~$40. With great effort eBay has recently managed to reach a high of ~$63 but Amazon is currently ~$430. What does this tell us? Clearly, that the “smart money” on Wall Street recognises eBay Inc. to be a “dog”, and the cretinous Johnny Ho to be a very poor dog handler.

    The eBay executive suite—where the incompetent mingle with the disingenuous, the malevolent and the outright criminal, and the just plain stupid …