Shares of eBay ( EBAY ) dropped sharply Thursday after the company issued a forecast for the current quarter suggesting that spending on the e-commerce company could wane as more people get vaccinated. The stock declined 10.46% to $54.80 on Thursday. The company expects second-quarter earnings between 91 cents and 96 cents a share on revenue of $2.98 billion. Analysts are expecting earnings of $1 a share on revenue of $2.93 billion. Here's what analysts had to say about eBay's guidance: Wedbush downgraded eBay to neutral from outperform while cutting its price target to $63 from $74 a share. "To us that means that on an FX-neutral basis eBay is giving back about half of the gains it generated y/y in 2Q20, but when adjusting for stimulus and expectations for limited-mobility induced impacts, eBay is giving back ~80% of the gains. Moreso, visibility into the following quarters as we lap Covid gains is limited as mobility increases.