EBAY
eBay Inc.
EBAY has the edge over HOG overall, supported by stronger fundamentals and lower modeled downside.
HOG
Harley-Davidson, Inc.
HOG 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.
HOG Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Stable | |
| Strong |
HOG's balance sheet is currently strong, and its cash flow is stable, but its revenue and profitability are under pressure.
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.
HOG PE Valuation
HOG has no meaningful PE right now: it lost money over the past year.
EBAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for EBAY, with profitability holding steady.
HOG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
HOG has the edge over EBAY on the outlook, with more favorable profitability expectations.
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 HOG on earnings quality, reporting a profit while its opponent remains loss making.
HOG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.78 | — |
| Q3 2026 | -$0.90 | -121% |
| Q2 2026 | $1.80 | -12% |
| Q1 2026 | $1.93 | -31% |
| Q4 2025 | $2.78 | -19% |
| Q3 2025 | $4.23 | -5.8% |
| Q2 2025 | $2.04 | -59% |
| Q1 2025 | $2.79 | -39% |
| Q4 2024 | $3.44 | -29% |
HOG has swung to a loss: it lost $0.90 per share over the past year, after a profit 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 HOG 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 HOG on profitability, with a higher operating margin.
HOG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.1B | -19% |
| Q2 2026 | $1.2B | -5.9% |
| Q1 2026 | $1.2B | -12% |
| Q4 2025 | $496.2M | -28% |
| Q3 2025 | $1.3B | +17% |
| Q2 2025 | $1.3B | -19% |
| Q1 2025 | $1.3B | -23% |
| Q4 2024 | $687.6M | -35% |
HOG's revenue has slid since its 2023 peak: $1.1B last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.5% | -32 points |
| Q2 2026 | 6.2% | -2.4 points |
| Q1 2026 | 2% | -10 points |
| Q4 2025 | -73% | -45 points |
| Q3 2025 | 35% | +26 points |
| Q2 2025 | 8.6% | -6.3 points |
| Q1 2025 | 12% | -3.1 points |
| Q4 2024 | -28% | -26 points |
HOG's operating margin was 3.5% last quarter, down 32 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 HOG on cash flow, with more consistent year-over-year improvement.
HOG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $315.9M | +$445M |
| Q2 2026 | $155.4M | -53% |
| Q1 2026 | -$259.8M | -333% |
| Q4 2025 | $100.4M | +30% |
| Q3 2025 | -$129.1M | -143% |
| Q2 2025 | $332.4M | -23% |
| Q1 2025 | $111.6M | +94% |
| Q4 2024 | $77M | +$97.4M |
HOG still generates free cash flow, though less than at its 2020 peak: $312M 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 453M diluted shares, down 3% from a year ago, with $2.1B in buybacks over the past year.
| 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.
HOG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.8% | -2M shares |
| 1 year | -12% | -15.1M shares |
| 3 years | -26% | -37.7M shares |
| 5 years | -31% | -48.5M shares |
| Available history | -32% | -51.2M shares |
HOG has the edge over EBAY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $90.8M |
| Q2 2026 | $30.4M |
| Q1 2026 | $70M |
| Q4 2025 | $160.1M |
| Q3 2025 | $100.1M |
| Q2 2025 | $45,000 |
| Q1 2025 | $93.1M |
| Q4 2024 | $100M |
HOG spent $351M buying back its own shares over the past year, up 20% 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.
HOG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 0.8x | Very low |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | 4.7x | High |
| Q2 2025 | 15.1x | High |
| Q1 2025 | 11.3x | High |
| Q4 2024 | 9.3x | High |
| Q3 2024 | 7.4x | High |
HOG has the edge over EBAY on leverage, with a lower net debt burden relative to earnings.
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).
HOG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 70.1 | Overbought |
| Stochastic | 85.9 | Overbought |
HOG's weekly RSI is 70 (overbought) and its Stochastic is 86 (overbought).
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.
HOG PE vs Consumer Cyclical Sector
| Metric | HOG | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 18x | 11% below |
| PE % | 87 | 47 | 40 pts above |
HOG 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 is in an uptrend: it's above all five of its weekly moving averages, and 73% above its 200-week average.
HOG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.6 | 13% above |
| 20 week MA | $27.4 | 18% above |
| 50 week MA | $24.1 | 35% above |
| 100 week MA | $25.1 | 30% above |
| 200 week MA | $30.4 | 6.6% above |
HOG has climbed back above all five of its weekly moving averages, and it's now 6.6% 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 finished higher in five of the last six years. It's up 41% so far in 2026.
HOG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $37.8 | $37.1 | -1.7% |
| 2021 | $37.1 | $36.2 | -2.3% |
| 2022 | $36.2 | $41.4 | +14% |
| 2023 | $41.4 | $36.8 | -11% |
| 2024 | $36.8 | $30.3 | -18% |
| 2025 | $30.3 | $21.0 | -31% |
| 2026 YTD | $21.0 | $32.4 | +54% |
HOG has the edge over EBAY on returns for 2026, with the stronger performance.