EBAY
eBay Inc.
EBAY has the edge over GOLF overall, supported by stronger fundamentals and lower modeled downside.
GOLF
Acushnet Holdings Corp.
GOLF offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
EBAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
EBAY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
GOLF Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Healthy |
GOLF's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
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.
GOLF PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $64.28 | -21% |
| Forward | 20x | $81.46 | — |
| Fair | 21x | $78.16 | -4.1% |
| Current | 22x | $81.46 | — |
| Expensive | 30x | $109 | +34% |
Historical ranges are pointers, not guarantees.
GOLF has the edge over EBAY in the historical PE scenario, which offers more potential upside but is not a forecast.
EBAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
EBAY has the edge over GOLF on the outlook, with more favorable revenue expectations.
GOLF Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect GOLF's earnings to grow, with its revenue and profitability holding steady. However, they disagree widely on these estimates.
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's earnings per share have fallen from their peak: $4.57 over the past year, against $20.25 in late 2021.
GOLF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.99 | +7.9% |
| Q3 2026 | $3.70 | 0% |
| Q2 2026 | $3.68 | -2.6% |
| Q1 2026 | $2.85 | -22% |
| Q4 2025 | $3.11 | -7.7% |
| Q3 2025 | $3.70 | +24% |
| Q2 2025 | $3.78 | +28% |
| Q1 2025 | $3.64 | +24% |
| Q4 2024 | $3.37 | +15% |
GOLF earned $3.70 per share over the past year, about the same as the year before.
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 GOLF 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 GOLF on profitability, with a higher operating margin.
GOLF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $649.2M | -1.3% |
| Q2 2026 | $820M | +14% |
| Q1 2026 | $753M | +7.1% |
| Q4 2025 | $477.2M | +7.2% |
| Q3 2025 | $657.7M | +6% |
| Q2 2025 | $720.5M | +5.4% |
| Q1 2025 | $703.4M | -0.6% |
| Q4 2024 | $445.2M | +7.8% |
GOLF's revenue has picked up after two years of holding roughly level: $649M last quarter, down 1.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | -1.8 points |
| Q2 2026 | 22% | +6.3 points |
| Q1 2026 | 16% | -0.3 points |
| Q4 2025 | -3.8% | -2.6 points |
| Q3 2025 | 14% | +0.9 points |
| Q2 2025 | 15% | -0.3 points |
| Q1 2025 | 16% | -0.9 points |
| Q4 2024 | -1.2% | +4.8 points |
GOLF's operating margin was 12% last quarter, down 1.8 points from the same quarter a year ago.
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 GOLF on cash flow, with more consistent year-over-year improvement.
GOLF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $191.4M | +40% |
| Q2 2026 | $233M | +69% |
| Q1 2026 | -$162.9M | -$31.3M |
| Q4 2025 | -$23.3M | +$9.9M |
| Q3 2025 | $136.9M | +11% |
| Q2 2025 | $138M | -30% |
| Q1 2025 | -$131.5M | -$14.7M |
| Q4 2024 | -$33.2M | -179% |
GOLF still generates free cash flow, though less than at its 2026 peak: $238M 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 GOLF 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.
GOLF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -445K shares |
| 1 year | -1.1% | -676K shares |
| 3 years | -12% | -7.9M shares |
| 5 years | -21% | -15.8M shares |
| Available history | -21% | -16.3M shares |
GOLF has 59M diluted shares, down 1.1% from a year ago, with $105M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $55.4M |
| Q2 2026 | $16M |
| Q1 2026 | $10M |
| Q4 2025 | $24M |
| Q3 2025 | $62.5M |
| Q2 2025 | $89.3M |
| Q1 2025 | $35.7M |
| Q4 2024 | $30.5M |
GOLF spent $105M buying back its own shares over the past year, down 52% from the year before.
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's net debt is about 1.9 years of its operating earnings (EBITDA), up from 1.7 years a year ago.
GOLF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 2.2x | Moderate |
| Q2 2025 | 2.4x | Moderate |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.0x | Healthy |
GOLF's net debt is about 1.9 years of its operating earnings (EBITDA), down from 2.2 years a year ago.
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).
GOLF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.3 | Neutral |
| Stochastic | 19.9 | Oversold |
GOLF's weekly RSI is 41 (neutral) and its Stochastic is 20 (oversold).
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.
GOLF PE vs Consumer Cyclical Sector
| Metric | GOLF | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 18x | 22% above |
| PE % | 61 | 47 | 14 pts above |
GOLF has the edge over EBAY on valuation relative to its sector.
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 GOLF on trend strength, trading above more of its moving averages.
GOLF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $81.9 | 0.5% below |
| 20 week MA | $90.8 | 10% below |
| 50 week MA | $92.6 | 12% below |
| 100 week MA | $82.5 | 1.3% below |
| 200 week MA | $70.9 | 15% above |
GOLF has fallen below most of its moving averages, though it's still 15% above its 200-week average.
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 the edge over GOLF on returns for 2026, with the stronger performance.
GOLF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.6 | $41.1 | +26% |
| 2021 | $41.1 | $51.7 | +26% |
| 2022 | $51.7 | $43.3 | -16% |
| 2023 | $43.3 | $63.2 | +46% |
| 2024 | $63.2 | $70.7 | +12% |
| 2025 | $70.7 | $83.0 | +17% |
| 2026 YTD | $83.0 | $81.5 | -1.9% |
GOLF has finished higher in five of the last six years. It's down 1.9% so far in 2026.