EBay's Growth Remains Durable Across Multiple Initiatives, Wedbush Says

11:41 AM EDT, 10/29/2026 (MT Newswires) -- EBay (EBAY) delivered strong Q3 results as growth across several key initiatives continued to support the marketplace's momentum, Wedbush Securities said Thursday in a report. On Wednesday, eBay reported Q3 adjusted earnings from continuing operations of $1.51 per diluted share on revenue of $3.21 billion, both topping consensus estimates. Wedbush cited strength in collectibles, vehicles, luxury goods, refurbished products and live-shopping events, while growth among enthusiast buyers in the US also remained strong. EBay's live-shopping platform is generating a multibillion-dollar annualized sales run rate and helping drive activity across the broader marketplace, while Depop, eBay's fashion resale marketplace, continued to post strong growth, the report said. Wedbush said management's preliminary outlook for 2027 provides a strong foundation for continued growth in revenue, earnings and operating income despite expectations that trading-card growth will moderate. Wedbush raised its price target on eBay stock to $153 from $137 and maintained its outperform rating. Price: 122.95, Change: +4.93, Percent Change: +4.18