eBay (EBAY) Posts 14% GMV Growth Amid Concerns for Second Half
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source beloweBay Inc (EBAY) reported a first-quarter GMV growth of 14% on an organic foreign-exchange neutral basis, driven by a 24% increase in Focus Categories. The company guided for GMV growth of up to 10% in Q2, but analysts at Jefferies noted potential deceleration due to diminishing one-time tailwinds. eBay raised its full-year 2026 GMV outlook to 7% to 7.5%, up from around 5.6%, but Jefferies expresses caution, noting a projected slowdown to just 3% GMV growth in the latter half of the year. The firm's 2026 EBITDA estimate was lowered to approximately $3.04 billion from $3.17 billion, reflecting concerns over margin growth.
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About eBay Inc. (EBAY)
eBay operates a global online marketplace connecting buyers and sellers.
The Consumer Discretionary sector covers retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
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