eBay (NASDAQ:EBAY) Issues Earnings Results

eBay (NASDAQ:EBAY) released its quarterly earnings data on Wednesday. The e-commerce company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.10, FiscalAI reports. eBay had a return on equity of 47.88% and a net margin of 18.50%. The business had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same period last year, the company posted $1.36 EPS. The company’s revenue was up 13.7% compared to the same quarter last year.

Here are the key takeaways from eBay’s conference call:

• Q3 results exceeded expectations: GMV rose 13% organically to $23.2 billion, revenue increased 11% to $3.21 billion, and non-GAAP EPS grew nearly 12% to $1.51. eBay returned nearly $830 million to shareholders through buybacks and dividends.
• Growth was broad-based, with focus categories up 24%, global C2C GMV up more than 20%, and eBay Live expanding at a triple-digit rate. Collectibles, Motors, fashion, refurbished goods, and stronger advertising all contributed to momentum.
• Depop materially accelerated after joining eBay, with U.S. GMV, monthly active users, and sold items more than doubling year over year on a pro forma basis. Management highlighted improving buyer and seller cohorts, stronger repeat activity, and potential synergies in shipping, traffic, AI, payments, and search.
• eBay guided Q4 consolidated GMV growth of 12%–14% and revenue growth of 7%–9% on an FX-neutral basis, while noting that GMV will outpace revenue because of Depop’s lower take rate, shipping accounting changes, and category mix. Management expects continued strong Depop growth but tougher comparisons in trading cards.
• eBay plans to reduce its workforce by approximately 9% to streamline operations and fund higher-priority growth initiatives. Although management expects full-year operating income growth above initial expectations, Q4 non-GAAP operating income growth is forecast at a slower 6%–10%.

eBay Stock Performance

Shares of NASDAQ EBAY traded up $4.59 during trading hours on Thursday, reaching $122.61. The stock had a trading volume of 2,370,961 shares, compared to its average volume of 4,849,935. The business’s fifty day moving average is $110.11 and its two-hundred day moving average is $103.57. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $54.56 billion, a price-to-earnings ratio of 25.31, a PEG ratio of 3.04 and a beta of 1.33. eBay has a twelve month low of $78.03 and a twelve month high of $124.59.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, December 4th. eBay’s dividend payout ratio is presently 25.67%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EBAY. Cantor Fitzgerald decreased their target price on shares of eBay from $110.00 to $106.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. William Blair assumed coverage on eBay in a research note on Thursday. They set a “market perform” rating for the company. BTIG Research began coverage on eBay in a report on Thursday. They set a “buy” rating on the stock. Wedbush raised their target price on shares of eBay from $137.00 to $153.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Argus upgraded eBay from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a report on Friday, August 7th. Sixteen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, eBay has an average rating of “Hold” and an average target price of $120.33.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction on Monday, October 5th. The shares were sold at an average price of $107.08, for a total transaction of $1,189,658.80. Following the sale, the chief executive officer owned 226,269 shares in the company, valued at $24,228,884.52. The trade was a 4.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jordan Sweetnam sold 1,014 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following the completion of the transaction, the senior vice president owned 35,546 shares of the company’s stock, valued at approximately $3,604,008.94. This represents a 2.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 34,344 shares of company stock worth $3,635,567 in the last quarter. Corporate insiders own 0.67% of the company’s stock.

eBay News Summary

Here are the key news stories impacting eBay this week:

• Positive Sentiment: Quarterly results exceeded expectations: eBay reported third-quarter revenue of $3.21 billion, up approximately 14% year over year and ahead of the $3.12 billion consensus estimate. Non-GAAP earnings were $1.51 per share, topping estimates of $1.41, while gross merchandise volume rose 15% to $23.2 billion. eBay Inc. Reports Third Quarter 2026 Results
• Positive Sentiment: Improved outlook reinforced investor confidence: Management projected full-year 2026 adjusted EPS of $6.25 to $6.30 and fourth-quarter adjusted EPS of $1.48 to $1.53. Broad-based marketplace growth, strength in collectibles and continued advertising momentum supported the outlook. eBay Q3 Adjusted Earnings, Revenue Rise; Sets Guidance
• Positive Sentiment: Capital returns and analyst actions added support: eBay returned $827 million to shareholders during the quarter through $689 million in share repurchases and $138 million in dividends. Oppenheimer raised its price target to $140 from $133, while Rosenblatt increased its target to $137 and maintained a Buy rating. Analysts Raise Forecasts on eBay
• Neutral Sentiment: Analyst views remain mixed: Citi reiterated a Buy rating with a $130 target, but Wells Fargo upgraded eBay only to Equal Weight and set a $106 target, below the stock’s recent trading level. UBS also maintained a Neutral rating despite raising its target to $131. Citi Reiterates Buy on eBay
• Negative Sentiment: Insider selling is a risk to monitor: Quiver Quantitative reported 62 insider sales and no insider purchases over the past six months, including substantial sales by CEO Jamie Iannone and other executives. This may temper enthusiasm, although the transactions did not outweigh the positive earnings reaction. eBay Rises After Strong Q3 Results and Higher Full-Year Outlook

eBay Company Profile

eBay Inc operates a global online marketplace that connects buyers and sellers. Through its platform, individuals, small businesses and larger retailers can list and purchase new, used and refurbished merchandise across categories such as electronics, apparel, collectibles, automotive parts and accessories, home goods and industrial products. Transactions may take place through auctions or fixed-price listings, with payments, shipping and other seller and buyer services supporting the marketplace experience.

Founded in 1995 as AuctionWeb by Pierre Omidyar, eBay has grown from an online auction site into a broad e-commerce platform.