eBay(US:EBAY) Financial Modeling Prep·2026-02-18 16:00Core Viewpoint - eBay is expected to report solid financial results for the fourth quarter of 2025, with anticipated revenue growth and stable earnings per share, reflecting a positive outlook for the company [1][2][4]. Financial Performance - eBay's projected revenue for the fourth quarter of 2025 is between $2.83 billion and $2.89 billion, indicating a year-over-year growth of 8-10% on a foreign exchange-neutral basis [2][6]. - The Zacks Consensus Estimate for these revenues is $2.88 billion, which represents an 11.64% increase from the previous year, aligning closely with Wall Street's projection of $2.87 billion [2]. - The company's diluted non-GAAP EPS is forecasted to be between $1.31 and $1.36, marking a year-over-year growth of 5% to 9%, with a consensus estimate of $1.36 [4]. Market Valuation - eBay's financial metrics indicate a solid market valuation, with a price-to-earnings (P/E) ratio of approximately 16.71 and a price-to-sales ratio of about 3.37 [5][6]. - The enterprise value to sales ratio is around 3.80, and the enterprise value to operating cash flow ratio is approximately 19.84, reflecting the company's financial health [5]. - eBay's debt-to-equity ratio is about 1.49, and its current ratio is around 0.92, indicating its financial leverage and ability to cover short-term liabilities [5]. Growth Drivers - The company projects its gross merchandise volume (GMV) to be between $20.5 billion and $20.9 billion, supported by marketplace enhancements and strategic partnerships [3]. - eBay expects mid-20% non-GAAP margins, reflecting increased costs and strategic investments, while anticipating steady revenue and GMV growth driven by stronger engagement [3].