eBay(US:EBAY) Yahoo Financeยท2025-10-30 18:27Core Viewpoint - eBay's stock price declined over 14% following a profit forecast that did not meet investor expectations [1] Group 1: Financial Performance - eBay's third-quarter revenue increased by 9% year over year, reaching $2.8 billion [3] - The gross merchandise volume (GMV) rose by 10% to $20.1 billion, reflecting the total value of merchandise sold on its platforms [3] - The company generated $803 million in free cash flow from continuing operations during the third quarter, allowing for $757 million to be returned to shareholders through dividends and stock buybacks [5] Group 2: Business Outlook - Management projected adjusted earnings per share for the fourth quarter to be between $1.31 and $1.36, which is below analysts' expectations of $1.39 [6] - The suspension of the de minimis exemption for imports under $800 for tariffs has begun to negatively impact transaction volumes since September [6] Group 3: Technological Integration - eBay is incorporating artificial intelligence (AI) features into its platform to enhance transactions between buyers and sellers, including a new AI-powered messaging tool [4] - The CEO emphasized the transformation of the eBay experience through AI, leveraging 30 years of insights while improving programs in shipping, live commerce, and circular fashion [4]