$EBAY

UBS raised eBay's price target to $131 from $120, citing GMV growth outlook. The stock currently trades at $118.62, above its Fair Value. UBS noted potential margin pressure from Depop's marketing plans in 2027 but expects strong gross profit margins. eBay announced a restructuring plan with a 9% workforce reduction. Other analysts have mixed ratings and price targets for the stock.

eBay (EBAY) is set to report Q3 earnings. Last quarter, it beat revenue expectations with $3.13B (up 14.8% YoY), but missed EPS guidance. Analysts expect 10.5% YoY revenue growth this quarter. The stock is up 10.8% in a month, with an average price target of $116.92.

Netflix and eBay have laid off over 450 workers in the Bay Area, according to the California Employment Development Department. The East Bay Regional Park District reported bird flu in geese at an Alameda beach. Trump's DOJ is suing to block Alaska's Senate election certification. Knicks owner James Dolan faced criticism for a misleading email about championship rings. The DOJ charged two former FBI employees for alleged false statements about Hunter Biden's laptop.

eBay and Netflix announced layoffs impacting 450+ Bay Area workers. eBay will cut 1,000 jobs globally, including 229 at its San Jose HQ. Netflix is reducing its workforce by 6% (1,000 jobs), with 227 cuts at its Los Gatos HQ and 267 in Los Angeles. Both companies' layoffs are permanent, according to WARN notices filed with California's EDD.

eBay CEO Jamie Iannone announced 9% layoffs, stating the company's strategy is working. Electronic Arts is closing BioWare studio, cutting 3% of its workforce. Edelman's report shows declining employee trust in coworkers, managers, and CEOs. Other news includes sustainable jet fuel, a lost dog found, and a Japanese mission to Phobos.

Multiple companies announced layoffs in 2024, citing AI and cost-cutting measures. Atlassian (TEAM) will cut 1,600 jobs, expecting $225M-$236M in restructuring charges. Barclays (BARC) plans to cut 5,000 jobs, aiming for GBP 1B in savings by 2027. British American Tobacco (BTI) will cut 9,000 jobs. Citi (C) continues its 20,000-job reduction plan. Cloudflare (NET) will cut 20% of its workforce, affecting 1,100 employees. Coinbase (COIN) will cut 14% of staff due to AI.

Bitget launched five stock-linked perpetual contracts with up to 20x leverage, tied to eBay, Interactive Brokers, MSCI, Hilton, and AbbVie. The contracts settle in Tether and do not confer ownership of the underlying assets, according to the company.

EBay announced a 9% global workforce reduction, affecting over 1,000 employees, citing strategic alignment. This follows a previous 800-job cut in February. Q2 revenue rose 15% to $3.1B, GMV up 15% to $22.4B, and net income increased over 50% to $552M. The company acquired Depop for $1.4B earlier this year.

EBAY INC (EBAY) filed an SEC Form 8-K — Results of Operations and Financial Condition. Item 2.02 Results of Operations and Financial Condition. On October 20, 2026, eBay Inc. (the “Company” or “eBay”) announced a restructuring plan (the “Plan”) intended to align its teams and resources with its top strategic priorities to drive long-term sustainable growth. Separat

eBay (EBAY) acquired Depop, a platform popular among younger consumers, for $1.4B. Depop's buyer count grew from 7M to 9M before the deal closed. eBay expects Depop to add 1% to revenue growth in 2026 and contribute to adjusted operating profit from 2028. eBay's stock returned 30.1% over the past year, closing at $122.90 on October 21, 2026.