EBAY
eBay Inc.
EBAY has the edge over LE overall, supported by stronger fundamentals and lower modeled downside.
LE
Lands' End, Inc.
LE 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.
LE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Strong |
LE's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow 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.
LE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 0.8x | $8.92 | — |
| Cheap | 13x | $142 | +1490% |
| Forward | 15x | $8.92 | — |
| Fair | 38x | $426 | +4674% |
| Expensive | 68x | $765 | +8479% |
Historical ranges are pointers, not guarantees.
LE 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 LE on the outlook, with more favorable valuation and earnings expectations.
LE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect LE's earnings and profitability to decline, with its revenue 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.
LE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.59 | -95% |
| Q3 2026 | $11.24 | +6144% |
| Q2 2026 | $11.01 | +8369% |
| Q1 2026 | $0.18 | -10% |
| Q4 2025 | $0.37 | +$1.03 |
| Q3 2025 | $0.18 | +$4.34 |
| Q2 2025 | $0.13 | +$4.37 |
| Q1 2025 | $0.20 | +$4.29 |
| Q4 2024 | -$0.66 | +$3.26 |
LE has the edge over EBAY on earnings, with more consistent year-over-year improvement.
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 LE 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 LE on profitability, with a higher operating margin.
LE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $268.9M | +5.3% |
| Q2 2026 | $205.1M | -9.9% |
| Q1 2026 | $402.3M | -8.9% |
| Q4 2025 | $277.5M | -13% |
| Q3 2025 | $255.3M | -20% |
| Q2 2025 | $227.8M | -20% |
| Q1 2025 | $441.7M | -14% |
| Q4 2024 | $318.6M | -1.9% |
LE's revenue is recovering but still below its 2022 peak: $269M last quarter, up 5.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3% | +1.5 points |
| Q2 2026 | -22% | -21 points |
| Q1 2026 | 6.4% | -1.9 points |
| Q4 2025 | 6% | +3.1 points |
| Q3 2025 | 1.6% | +0.8 points |
| Q2 2025 | -1% | -1.8 points |
| Q1 2025 | 8.4% | +6.8 points |
| Q4 2024 | 2.9% | +34 points |
LE's operating margin was 3% last quarter, up 1.5 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 has the edge over LE on cash generation, producing positive trailing cash flow while its opponent burns cash.
LE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$26.1M | -286% |
| Q2 2026 | -$84.4M | -$53.7M |
| Q1 2026 | $59.5M | +20% |
| Q4 2025 | -$22.4M | +$5.4M |
| Q3 2025 | $14.1M | -46% |
| Q2 2025 | -$30.7M | +$1.8M |
| Q1 2025 | $49.7M | -43% |
| Q4 2024 | -$27.8M | -$4M |
LE's free cash flow was −$73M over the past year, against $5M the year before.
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 LE 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.
LE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.9% | -1.2M shares |
| 1 year | -2.1% | -635K shares |
| 3 years | -6.3% | -2M shares |
| 5 years | -11% | -3.6M shares |
| Available history | -7.1% | -2.3M shares |
LE has 30M diluted shares, down 2.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2024 | $1M |
| Q1 2024 | $2.1M |
| Q4 2023 | $3M |
| Q3 2023 | $3M |
| Q2 2023 | $3.8M |
| Q1 2023 | $3.2M |
| Q4 2022 | $2.9M |
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's net debt is about 1.9 years of its operating earnings (EBITDA), up from 1.7 years a year ago.
LE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 3.6x | Elevated |
LE 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).
LE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 3.0 | Oversold |
LE's weekly RSI is 33 (neutral) and its Stochastic is 3 (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.
LE PE vs Consumer Cyclical Sector
| Metric | LE | Sector median | Relative |
|---|---|---|---|
| PE | 0.8x | 18x | 96% below |
| PE % | 0 | 47 | 47 pts below |
LE 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 LE on trend strength, trading above more of its moving averages.
LE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.78 | 8.8% below |
| 20 week MA | $10.9 | 18% below |
| 50 week MA | $12.7 | 30% below |
| 100 week MA | $12.4 | 28% below |
| 200 week MA | $11.6 | 23% below |
LE is in a downtrend: it's below all five of its weekly moving averages, and 23% 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 LE on returns for 2026, with the stronger performance.
LE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.6 | $19.8 | +13% |
| 2021 | $19.8 | $19.1 | -3.6% |
| 2022 | $19.1 | $7.21 | -62% |
| 2023 | $7.21 | $9.56 | +33% |
| 2024 | $9.56 | $13.4 | +40% |
| 2025 | $13.4 | $14.6 | +9.2% |
| 2026 YTD | $14.6 | $8.92 | -39% |
LE is down 39% so far in 2026, after finishing higher in four of the previous six years.