EBAY
eBay Inc.
EBAY has slightly lower modeled downside risk, despite its lower overall score.
M
Macy's, Inc.
M has a slight edge over EBAY overall, supported by stronger valuation and stronger modeled upside.
EBAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
EBAY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
M Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
M'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.
M PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.1x | $11.23 | -54% |
| Fair | 7.3x | $19.94 | -18% |
| Current | 8.9x | $24.33 | — |
| Forward | 11x | $24.33 | — |
| Expensive | 23x | $61.89 | +154% |
Historical ranges are pointers, not guarantees.
M 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 |
Analysts expect earnings and revenue growth for EBAY, with profitability holding steady.
M Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect M's earnings to grow and its profitability to improve, with its revenue holding steady.
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.
M Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.24 | -18% |
| Q3 2026 | $2.73 | +55% |
| Q2 2026 | $2.42 | +22% |
| Q1 2026 | $2.32 | +12% |
| Q4 2025 | $1.70 | +183% |
| Q3 2025 | $1.76 | +171% |
| Q2 2025 | $1.98 | +4850% |
| Q1 2025 | $2.07 | +445% |
| Q4 2024 | $0.60 | -76% |
M 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 M 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 M on profitability, with a higher operating margin.
M Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.1B | +1.2% |
| Q2 2026 | $4.9B | +2.1% |
| Q1 2026 | $7.9B | -1.1% |
| Q4 2025 | $4.9B | +0.2% |
| Q3 2025 | $5B | -1.9% |
| Q2 2025 | $4.8B | -4.1% |
| Q1 2025 | $8B | -4.4% |
| Q4 2024 | $4.9B | -2.7% |
M's revenue fell from its 2022 peak and has held roughly level since: $5.1B last quarter, up 1.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.8% | +1.8 points |
| Q2 2026 | 2.3% | +0.3 points |
| Q1 2026 | 9.4% | +3.2 points |
| Q4 2025 | 0.8% | -0.5 points |
| Q3 2025 | 3% | -1.4 points |
| Q2 2025 | 2% | -0.5 points |
| Q1 2025 | 6.2% | +7.1 points |
| Q4 2024 | 1.3% | -0.4 points |
M's operating margin was 4.8% last quarter, up 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 M on cash flow, with more consistent year-over-year improvement.
M Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $229M | -4.6% |
| Q2 2026 | $204M | +$368M |
| Q1 2026 | $1.1B | -9% |
| Q4 2025 | -$101M | +$194M |
| Q3 2025 | $240M | +$349M |
| Q2 2025 | -$164M | -$139M |
| Q1 2025 | $1.2B | +19% |
| Q4 2024 | -$295M | -$87M |
M still generates free cash flow, though less than at its 2022 peak: $1.4B 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 M 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.
M Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -800K shares |
| 1 year | -1.4% | -4M shares |
| 3 years | -0.7% | -1.9M shares |
| 5 years | -15% | -46.7M shares |
| Available history | -13% | -39.1M shares |
M has 272M diluted shares, down 1.4% from a year ago, with $205M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $53M |
| Q2 2026 | $51M |
| Q1 2026 | $50M |
| Q4 2025 | $51M |
| Q3 2025 | $52M |
| Q2 2025 | $97M |
| Q1 2025 | $1M |
| Q4 2024 | — |
M spent $205M buying back its own shares over the past year, up 37% 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.
M Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.6x | Very low |
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 1.1x | Healthy |
| Q2 2025 | 1.1x | Healthy |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 2.1x | Moderate |
M 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).
M Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.1 | Neutral |
| Stochastic | 61.4 | Neutral |
M's weekly RSI is 57 (neutral) and its Stochastic is 61 (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.
M PE vs Consumer Cyclical Sector
| Metric | M | Sector median | Relative |
|---|---|---|---|
| PE | 8.9x | 18x | 51% below |
| PE % | 60 | 47 | 13 pts above |
M 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.
M Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.5 | 3.7% above |
| 20 week MA | $23.3 | 4.4% above |
| 50 week MA | $22.0 | 11% above |
| 100 week MA | $18.3 | 33% above |
| 200 week MA | $17.6 | 38% above |
M is in an uptrend: it's above all five of its weekly moving averages, and 38% 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 M on returns for 2026, with the stronger performance.
M Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.5 | $10.8 | -35% |
| 2021 | $10.8 | $25.1 | +134% |
| 2022 | $25.1 | $20.3 | -19% |
| 2023 | $20.3 | $20.1 | -0.9% |
| 2024 | $20.1 | $17.5 | -13% |
| 2025 | $17.5 | $22.5 | +28% |
| 2026 YTD | $22.5 | $24.3 | +8.3% |
M has finished lower in four of the last six years. It's up 8.3% so far in 2026.