Added to YB: 2026-03-10
Pitch date: 2026-03-07
EBAY [neutral]
eBay Inc.
-1.9%
current return
Author Info
No bio for this author
Company Info
eBay Inc., together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally.
Market Cap
$41.5B
Pitch Price
$91.74
Price Target
123.00 (+34%)
Dividend
1.34%
EV/EBITDA
15.96
P/E
21.76
EV/Sales
4.13
Sector
Broadline Retail
Category
growth
The eBay Thesis is Compelling – Yes, eBay. Hear Me Out.
EBAY (hold): Asset-light marketplace pivoted to high-margin focus categories (collectibles, refurb electronics, auto parts) via authentication/trust infrastructure. Q4 GMV +8% YoY to $21.2B, rev +13% YoY to $2.96B (beat $100M). Focus categories +16% YoY GMV vs +4% non-focus. Advertising rev $544M (+19% YoY), targeting 3% GMV penetration from 2.6%. $1.2B Depop acquisition adds 7M Gen Z buyers, 90% under 34. Q1 guide: GMV +10-12% YoY, rev +13-15% YoY, EPS $1.53-$1.59 (+12-16% YoY). 2026 guide: ~6% GMV growth, 8-10% op income growth. Trading 15x '26 EPS, 1.25x PEG (51% discount to 5yr avg). $123 '28 PT implies 11% CAGR. Hold, accumulate <$93.
Read full article (20 min)