EBAY
eBay Inc.
EBAY has the edge over INSE overall, supported by lower modeled downside and stronger fundamentals.
INSE
Inspired Entertainment, Inc.
INSE 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.
INSE Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Stable | |
| Healthy | |
| Under pressure |
INSE's cash flow is currently healthy, and its profitability is stable, but its revenue and balance sheet 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.
INSE PE Valuation
INSE 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 |
EBAY has the edge over INSE on the outlook, with more favorable earnings and revenue expectations.
INSE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| Weakening | |
| Limited | |
| High |
Analysts expect INSE's earnings and revenue to decline, with profitability weakening.
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 INSE on earnings quality, reporting a profit while its opponent remains loss making.
INSE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.09 | — |
| Q3 2026 | -$0.25 | -113% |
| Q2 2026 | -$0.32 | -115% |
| Q1 2026 | -$0.60 | -125% |
| Q4 2025 | -$0.58 | -126% |
| Q3 2025 | $1.89 | +$1.90 |
| Q2 2025 | $2.08 | +$2.09 |
| Q1 2025 | $2.42 | +2100% |
| Q4 2024 | $2.22 | +754% |
INSE has swung to a loss: it lost $0.25 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 INSE 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 INSE on profitability, with a higher operating margin.
INSE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $61.4M | -29% |
| Q2 2026 | $60.8M | -24% |
| Q1 2026 | $57.2M | -5.3% |
| Q4 2025 | $77.2M | -4% |
| Q3 2025 | $86.2M | +11% |
| Q2 2025 | $80.3M | +6.2% |
| Q1 2025 | $60.4M | -4.3% |
| Q4 2024 | $80.4M | -1% |
INSE's revenue has slid since its 2023 peak: $61M last quarter, down 29% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | +5.5 points |
| Q2 2026 | 16% | +6.4 points |
| Q1 2026 | 16% | +13 points |
| Q4 2025 | 15% | +1.2 points |
| Q3 2025 | 11% | -4 points |
| Q2 2025 | 9.8% | -2.6 points |
| Q1 2025 | 2.6% | +4.9 points |
| Q4 2024 | 13% | +2 points |
INSE's operating margin was 17% last quarter, up 5.5 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 generated $2.4B in free cash flow over the past year, up 54% from the year before.
INSE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $16.4M | +281% |
| Q2 2026 | $100K | -98% |
| Q1 2026 | $23M | +41% |
| Q4 2025 | -$9.9M | -719% |
| Q3 2025 | $4.3M | -81% |
| Q2 2025 | $5.6M | +$14.2M |
| Q1 2025 | $16.3M | +$17.1M |
| Q4 2024 | $1.6M | +$4.1M |
INSE still generates free cash flow, though less than at its 2026 peak: $30M 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 INSE 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.
INSE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2% | -595K shares |
| 1 year | -1.4% | -413K shares |
| 3 years | -1.5% | -423K shares |
| 5 years | +11% | +2.9M shares |
| Available history | +31% | +6.8M shares |
INSE has 29M diluted shares, down 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $2.6M |
| Q1 2026 | $2.6M |
| Q4 2023 | — |
| Q3 2023 | $1.5M |
| Q4 2022 | $400,000 |
| Q3 2022 | $4.9M |
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 INSE on leverage, with a lower net debt burden relative to earnings.
INSE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Elevated |
| Q2 2026 | 3.2x | Elevated |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 3.7x | Elevated |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 3.8x | Elevated |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.8x | Elevated |
INSE's net debt is about 3.0 years of its operating earnings (EBITDA), down from 3.8 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).
INSE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 21.2 | Neutral |
INSE's weekly RSI is 40 (neutral) and its Stochastic is 21 (neutral).
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.
INSE PE vs Consumer Cyclical Sector
| Metric | INSE | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
INSE has no meaningful PE right now: it lost money over the past year.
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 INSE on trend strength, trading above more of its moving averages.
INSE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.74 | 17% above |
| 20 week MA | $5.26 | 17% below |
| 50 week MA | $6.90 | 36% below |
| 100 week MA | $7.76 | 43% below |
| 200 week MA | $9.31 | 53% below |
INSE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 53% below 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 INSE on returns for 2026, with the stronger performance.
INSE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.90 | $6.84 | -0.9% |
| 2021 | $6.84 | $12.2 | +78% |
| 2022 | $12.2 | $12.9 | +5.9% |
| 2023 | $12.9 | $9.88 | -23% |
| 2024 | $9.88 | $8.90 | -9.9% |
| 2025 | $8.90 | $9.51 | +6.9% |
| 2026 YTD | $9.51 | $4.39 | -54% |
INSE has finished lower in three of the last six years. It's down 54% so far in 2026.