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Wajeeh Khan

This Analyst Just Downgraded eBay Stock. Here's Why.

eBay Ken Gawrelski United States Wells Fargo Depop Vinted

Shares of eBay (EBAY) inched lower on Aug. 3 after Wells Fargo’s senior analyst Ken Gawrelski downgraded the e-commerce giant to “Underweight.” In his research note, Gawrelski also lowered his price target on EBAY to $92, indicating potential downside of roughly 5% from current levels.

That said, eBay stock has been a lucrative investment in 2026, currently up nearly 35% versus its year-to-date low in mid-February.

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