CURV
Torrid Holdings Inc.
CURV offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
EBAY
eBay Inc.
EBAY has the edge over CURV overall, supported by stronger fundamentals and lower modeled downside.
CURV Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Under pressure | |
| Weak |
CURV's revenue, profitability, cash flow and balance sheet are all currently under pressure.
EBAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
EBAY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
CURV PE Valuation
CURV has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 40x next year's earnings.
EBAY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $31.50 | -74% |
| Fair | 16x | $71.96 | -40% |
| Forward | 18x | $120 | — |
| Expensive | 22x | $99.04 | -18% |
| Current | 26x | $120 | — |
Historical ranges are pointers, not guarantees.
EBAY's PE is in its expensive range at 26x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
CURV Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect CURV to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
EBAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for EBAY, with profitability holding steady.
CURV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.06 | — |
| Q3 2026 | -$0.10 | -433% |
| Q2 2026 | -$0.13 | -244% |
| Q1 2026 | -$0.07 | -147% |
| Q4 2025 | -$0.02 | -113% |
| Q3 2025 | $0.03 | -79% |
| Q2 2025 | $0.09 | -25% |
| Q1 2025 | $0.15 | +36% |
| Q4 2024 | $0.16 | +60% |
CURV has swung to a loss: it lost $0.10 per share over the past year, after a profit the year before.
EBAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.63 | +45% |
| Q3 2026 | $4.57 | +0.4% |
| Q2 2026 | $4.82 | +7.3% |
| Q1 2026 | $4.40 | +6% |
| Q4 2025 | $4.34 | +10% |
| Q3 2025 | $4.55 | +15% |
| Q2 2025 | $4.49 | -12% |
| Q1 2025 | $4.15 | -17% |
| Q4 2024 | $3.94 | -24% |
EBAY has the edge over CURV on earnings quality, reporting a profit while its opponent remains loss making.
CURV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $231.7M | -12% |
| Q2 2026 | $245.8M | -7.6% |
| Q1 2026 | $236.2M | -14% |
| Q4 2025 | $235.2M | -11% |
| Q3 2025 | $262.8M | -7.7% |
| Q2 2025 | $266M | -4.9% |
| Q1 2025 | $275.6M | -6.1% |
| Q4 2024 | $263.8M | -4.2% |
CURV's revenue has slid since its 2022 peak: $232M last quarter, down 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.3% | +2.4 points |
| Q2 2026 | 3.5% | -2.6 points |
| Q1 2026 | -2.1% | -3.4 points |
| Q4 2025 | 0.1% | -2.6 points |
| Q3 2025 | 3.9% | -3.3 points |
| Q2 2025 | 6% | -3.3 points |
| Q1 2025 | 1.3% | -0.1 points |
| Q4 2024 | 2.7% | +0.2 points |
CURV's operating margin was 6.3% last quarter, up 2.4 points from the same quarter a year ago.
EBAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.2B | +14% |
| Q2 2026 | $3.1B | +15% |
| Q1 2026 | $3.1B | +19% |
| Q4 2025 | $3B | +15% |
| Q3 2025 | $2.8B | +9.5% |
| Q2 2025 | $2.7B | +6.1% |
| Q1 2025 | $2.6B | +1.1% |
| Q4 2024 | $2.6B | +0.7% |
EBAY has the edge over CURV on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | -1.2 points |
| Q2 2026 | 22% | +3.8 points |
| Q1 2026 | 20% | -4 points |
| Q4 2025 | 20% | -0.8 points |
| Q3 2025 | 20% | -2.7 points |
| Q2 2025 | 18% | -3.6 points |
| Q1 2025 | 24% | -0.9 points |
| Q4 2024 | 21% | +5.1 points |
EBAY has the edge over CURV on profitability, with a higher operating margin.
CURV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3M | -121% |
| Q2 2026 | $5.7M | +$26.3M |
| Q1 2026 | -$9.3M | -191% |
| Q4 2025 | -$6.6M | -$1.1M |
| Q3 2025 | $14.6M | -61% |
| Q2 2025 | -$20.6M | -200% |
| Q1 2025 | $10.2M | +$12M |
| Q4 2024 | -$5.5M | -$1.9M |
CURV's free cash flow was −$13M over the past year, against −$1M the year before.
EBAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $749M | -6.7% |
| Q2 2026 | $300M | +$741M |
| Q1 2026 | $897M | +39% |
| Q4 2025 | $466M | -17% |
| Q3 2025 | $803M | +24% |
| Q2 2025 | -$441M | -259% |
| Q1 2025 | $644M | +36% |
| Q4 2024 | $560M | +$564M |
EBAY has the edge over CURV on cash generation, producing positive trailing cash flow while its opponent burns cash.
CURV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.7% | +667K shares |
| 1 year | -2.5% | -2.5M shares |
| 3 years | -3.8% | -4M shares |
| 5 years | -8.9% | -9.8M shares |
| Available history | -8.9% | -9.8M shares |
CURV has 100M diluted shares, down 2.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $186,000 |
| Q1 2026 | — |
| Q4 2025 | $85,000 |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
CURV spent $271,000 buying back its own shares over the past year.
EBAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -2M shares |
| 1 year | -3% | -14M shares |
| 3 years | -15% | -79M shares |
| 5 years | -31% | -205M shares |
| Available history | -44% | -359M shares |
EBAY has the edge over CURV on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $664M |
| Q2 2026 | $323M |
| Q1 2026 | $486M |
| Q4 2025 | $635M |
| Q3 2025 | $626M |
| Q2 2025 | $624M |
| Q1 2025 | $615M |
| Q4 2024 | $911M |
EBAY spent $2.1B buying back its own shares over the past year, down 24% from the year before.
CURV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.2x | High |
| Q2 2026 | 5.2x | High |
| Q1 2026 | 4.4x | High |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 3.1x | Elevated |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.6x | Moderate |
CURV's net debt is about 5.2 years of its operating earnings (EBITDA), up from 3.5 years a year ago.
EBAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.9x | Healthy |
EBAY has the edge over CURV on leverage, with a lower net debt burden relative to earnings.
CURV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.5 | Neutral |
| Stochastic | 35.0 | Neutral |
CURV's weekly RSI is 51 (neutral) and its Stochastic is 35 (neutral).
EBAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 80.0 | Overbought |
EBAY's weekly RSI is 62 (neutral) and its Stochastic is 80 (overbought).
CURV PE vs Consumer Cyclical Sector
| Metric | CURV | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
CURV has no meaningful PE right now: it lost money over the past year.
EBAY PE vs Consumer Cyclical Sector
| Metric | EBAY | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 18x | 46% above |
| PE % | 91 | 47 | 44 pts above |
EBAY is trading at 26x earnings, a 46% premium to the Consumer Cyclical sector's median of 18x.
CURV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.33 | 4.3% below |
| 20 week MA | $2.30 | 3% below |
| 50 week MA | $1.78 | 25% above |
| 100 week MA | $2.88 | 23% below |
| 200 week MA | $3.56 | 37% below |
CURV's trend is mixed: it's above one of its five weekly moving averages, and 37% below its 200-week average.
EBAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.5 | 3.1% above |
| 20 week MA | $112.4 | 6.9% above |
| 50 week MA | $102.6 | 17% above |
| 100 week MA | $89.8 | 34% above |
| 200 week MA | $69.5 | 73% above |
EBAY has the edge over CURV on trend strength, trading above more of its moving averages.
CURV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $26.6 | $10.1 | -62% |
| 2022 | $10.1 | $3.02 | -70% |
| 2023 | $3.02 | $5.77 | +91% |
| 2024 | $5.77 | $5.28 | -8.5% |
| 2025 | $5.28 | $1.04 | -80% |
| 2026 YTD | $1.04 | $2.23 | +114% |
CURV has the edge over EBAY on returns for 2026, with the stronger performance.
EBAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.1 | $50.1 | +39% |
| 2021 | $50.1 | $64.9 | +29% |
| 2022 | $64.9 | $40.2 | -38% |
| 2023 | $40.2 | $43.6 | +8.6% |
| 2024 | $43.6 | $62.8 | +44% |
| 2025 | $62.8 | $85.2 | +36% |
| 2026 YTD | $85.2 | $120.1 | +41% |
EBAY has finished higher in five of the last six years. It's up 41% so far in 2026.