$EBAY

Etsy (ETSY) has outperformed eBay (EBAY) with 38.6% YTD and 32.9% 52-week gains. Analysts rate EBAY as 'Moderate Buy' with a $117.37 mean price target, implying 7.7% upside.

StoneX reiterated a Buy rating on eBay (NASDAQ:EBAY) after the company eliminated selling fees for private sellers in France and Italy. eBay's stock has risen 22% year-to-date to $105, though it is trading above its Fair Value. The company reported stronger-than-expected Q2 earnings, with non-GAAP EPS of $1.60 and revenue of $3.10 billion, and raised its full-year outlook. Analysts have mixed reactions, with price targets ranging from $110 to $145.

IANNONE JAMIE (President and CEO) sold 22,220 shares of EBAY INC (EBAY) at an average of $103.17 ($100.48–$105.55, $2.29M total) across 11 trades over 2026-09-08 to 2026-09-09 under a Rule 10b5-1 trading plan.

eBay UK removed PayPal as a payment option for Royal Mail shipping labels, requiring sellers to use eBay funds or a backup payment method. The change, effective September 7, affects business and private sellers. Similar changes were made in Germany, France, Italy, and Australia. eBay is expanding its managed shipping initiatives to drive revenue, with CFO Peggy Alford highlighting shipping as a growth area.

GameStop reported a 34.6% YoY increase in gross profit to $340.3M, with a 40.7% gross margin, driven by higher-margin collectibles. Net income surged 769.6% to $389.6M, including $268.4M in gains from eBay-related derivatives. Q2 sales are expected to decline to $780M-$800M, but profits are forecast to rise. GameStop now holds 43.4M eBay shares worth $4.95B, raising financing and strategic overlap questions.

eBay (EBAY) reported Q2 2026 earnings and revenue above expectations, driven by higher Gross Merchandise Volume and a 25% year-over-year increase in advertising revenue. The company also raised its Q3 outlook and declared a cash dividend. eBay's long-term projections include $14.5 billion in revenue and $2.7 billion in earnings by 2029, representing 6.5% yearly revenue growth and a $0.5 billion earnings increase from current levels.

GameStop (GME) shares rose 0.5% after hours Tuesday as shareholders approved a proposal to increase authorized Class A common shares, supporting its potential eBay (EBAY) acquisition. The amendment passed with 68.7% of votes. GameStop's offer for eBay, rejected earlier, was $125 per share. CEO Ryan Cohen backed the acquisition, and shareholders also re-elected directors and approved executive compensation. GME stock had closed down 2.46% in regular trading.

GameStop (GME) increased its economic exposure to eBay (EBAY) to 6.55% via direct ownership and derivatives, up from 5%. The move follows GameStop's $56B takeover proposal, which eBay rejected. GameStop CEO Ryan Cohen aims to cut eBay's expenses by $2B annually. GME stock is up 10% YTD, while EBAY has risen 31%.

GameStop (GME) CEO Ryan Cohen criticized eBay's board, calling them 'losers' after a $56B takeover bid was rejected. Cohen defended the $125/share offer, citing GameStop's $9.4B cash position and potential financing. He accused eBay of prioritizing management over shareholder value. eBay rejected the bid citing financing and valuation concerns. GME stock is down 22% over 12 months, while EBAY is up 63%.

Bay Area tech layoffs in 2026 have surpassed 2025 totals, with 12,947 jobs cut by September. PayPal, Amazon, and Synopsys recently announced cuts, including 251 jobs by PayPal. Meta, Amazon, Cisco, and others have also disclosed significant layoffs. PayPal's cuts follow a reorganization into three business units.