eBay Inc. reported impressive first-quarter 2026 net revenues of $3.09 billion, marking a 19.5% year-over-year increase and surpassing analyst expectations with a non-GAAP EPS of $1.66. In a strategic expansion, eBay announced its acquisition of Depop, aiming to strengthen its presence in the fashion resale market, while also projecting notable second-quarter GMV growth of up to 10%. However, Jefferies maintains an Underperform rating on eBay despite raising its price target to $65, reflecting mixed market sentiment.
“eBay · has deceleration in · gross merchandise value growth · implied”
“eBay · delivered · first-quarter results · 3% upside to gross merchandise volume”
“eBay · guided · second quarter GMV growth · up to 10%”
“Jefferies · maintained · Underperform rating on eBay”
“Jefferies · raised · price target for eBay · $65”
“eBay · raised · full-year 2026 GMV outlook · 7% to 7.5%”
“eBay · indicated · intends to redirect top-line upside · into product development and marketing”
“eBay · projected · full-year 2026 EBITDA · approximately $3.04 billion”
“eBay · ended · stock price · $103.48”
“eBay · reported · first-quarter 2026 non-GAAP earnings · $1.66 per share”
“eBay · beat · Zacks Consensus Estimate · 5.06%”
“eBay · reported · net revenues · $3.09 billion”
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