EBAY Stock News

eBay's CEO stated that its Depop marketplace is attracting customers with higher spending levels. No further details were provided.

eBay's CEO said on the earnings call that Depop's buyer and seller bases are growing, adding to earlier commentary that the resale platform is attracting higher-spending customers. No figures were given.

EBay reported Q3 adjusted EPS of $1.51, beating the $1.41 consensus, on sales of $3.2B vs $3.1B expected. GMV rose 13% to $23.2B. The stock gained 2% to $120.57. Analysts see durable growth from Live Commerce and Depop.

Truist Securities raised its price target on eBay (EBAY) to $133.00 from $115.00.

Wells Fargo raised eBay to Equal-Weight from Underweight. The upgrade removes a negative rating but stops short of a bullish call.

Wells Fargo upgraded eBay (EBAY) to Equal Weight from Underweight, issuing a $106 price target. The upgrade reflects a more neutral view after the stock's underperformance.

Alphabet tumbled 10% premarket after missing search-ad revenue expectations. Microsoft rose 3% on accelerating Azure growth. Samsung dropped 4% despite record profit. Shell gained 3% on refining profits. Chipotle and eBay each rose more than 6% on strong quarterly results. Amazon and Intel report after the close.

eBay reported Q3 adjusted EPS of $1.51, above $1.41 consensus, on sales of $3.2B vs $3.1B expected. The company guided Q4 sales midpoint slightly above estimates, sending shares up 6% after hours.

Ford shares fell 1% after lower profit and revenue, hit by EV losses and softer gas and hybrid sales. FedEx raised its full-year outlook but dropped about 2%. MGM slipped less than 1% on lower Las Vegas room rates. Chipotle jumped 7% on higher revenue. eBay rose 4.5% on collectibles strength.

eBay CEO Jamie Iannone says the company's livestream shopping arm has reached a multi-billion dollar annualized gross merchandise volume run rate and draws higher-spending shoppers. The collectibles category remains the biggest growth driver, supported by AI tools and authentication.

eBay CEO: collectibles remain biggest growth driver.

eBay Q3 GMV and active buyers beat estimates.

eBay confirmed layoffs of about 1,000 employees (9% of workforce) as part of a strategic shift toward faster-growth markets including fashion resale and collectibles. Shares closed up 1.4% at $122.90. StoneX analyst rates Buy with $136 target, citing momentum ahead of holiday season and growth in recommerce. eBay reports Q3 earnings Oct. 28.

eBay plans to cut about 9% of its workforce, affecting about 1,000 employees, as part of efforts to simplify operations and focus on growth areas. The move follows a 6.5% cut earlier this year. The company is scheduled to report earnings next week.

Erste Group initiated coverage on eBay.

Morgan Stanley increased its price target for eBay to $132.00 per share.

eBay shares rose Monday after Morgan Stanley analyst Nathan Feather named the stock a top pick and raised his price target to $132 from $127. Feather cited live commerce as a key growth driver, estimating eBay Live drives 40% of the company's growth.

Wells Fargo reduced its price target for eBay from $92.00 to $91.00.

eBay CEO at Goldman Sachs conference named Vehicles and eBay Live as new growth drivers, and said AI has driven a 50% increase in U.S. listings per lister.

eBay's CEO stated that the company's vehicles business has quickly reached a run-rate of hundreds of millions of dollars. The claim comes from post.