eBay’s Q4 2025 Earnings: What to Expect

Core Viewpoint - eBay Inc. is a leading e-commerce platform with a market cap of approximately $41.5 billion, connecting millions of buyers and sellers through various sales formats [1]. Financial Performance - eBay is expected to report Q4 2025 earnings of $1.08 per share, a 5.9% increase from $1.02 per share in the same quarter last year [2]. - For fiscal 2025, analysts forecast an EPS of $4.42, reflecting a 12.5% increase from $3.93 in fiscal 2024, with further growth expected in fiscal 2026 to $4.78 per share, an 8.1% year-over-year increase [3]. Stock Performance - eBay's stock has surged 37% over the past 52 weeks, outperforming the S&P 500 Index's 13.3% gain and the State Street Consumer Discretionary Select Sector SPDR ETF's 3.9% rise during the same period [4]. Revenue and Growth Metrics - In Q3 ended September 30, eBay reported revenue of $2.8 billion, a 9% year-over-year increase, while GMV reached $20.1 billion, up around 10% year-over-year [7]. - Non-GAAP EPS for the same quarter was $1.36, representing a 14% rise compared to the previous year [7]. Analyst Sentiment - The consensus view on eBay is moderately optimistic, with a "Moderate Buy" rating. Out of 34 analysts, nine recommend a "Strong Buy," two suggest "Moderate Buy," 21 advise a "Hold," one gives a "Moderate Sell," and one "Strong Sell." The mean price target of $96 indicates an upside potential of 5.8% [8]. Strategic Initiatives - eBay's stock performance is attributed to better-than-expected earnings and revenue growth, driven by consistent GMV increases, enhanced AI-powered tools, improved seller experiences, and strategic partnerships [6].