EBAY
eBay Inc.
EBAY has the edge over OI overall, supported by stronger fundamentals and lower modeled downside.
OI
O-I Glass, Inc.
OI 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.
OI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Under pressure | |
| Weak |
OI's revenue is currently stable, but its profitability, cash flow 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.
OI PE Valuation
OI 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 OI on the outlook, with more favorable earnings and revenue expectations.
OI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect OI'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 has the edge over OI on earnings quality, reporting a profit while its opponent remains loss making.
OI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.51 | — |
| Q3 2026 | -$7.79 | -$6.87 |
| Q2 2026 | -$7.52 | -$5.89 |
| Q1 2026 | -$1.22 | +$0.02 |
| Q4 2025 | -$0.84 | -$0.15 |
| Q3 2025 | -$0.92 | +$1.76 |
| Q2 2025 | -$1.63 | +$0.21 |
| Q1 2025 | -$1.24 | +$0.27 |
| Q4 2024 | -$0.69 | -$0.02 |
OI lost $7.79 per share over the past year, and its loss has widened in each of the last three quarters.
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 OI 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 OI on profitability, with a higher operating margin.
OI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | -1.8% |
| Q2 2026 | $1.7B | -2.2% |
| Q1 2026 | $1.5B | -1.7% |
| Q4 2025 | $1.5B | -1.9% |
| Q3 2025 | $1.7B | -1.5% |
| Q2 2025 | $1.7B | -1.3% |
| Q1 2025 | $1.6B | -1.6% |
| Q4 2024 | $1.5B | -6.8% |
OI's revenue has held roughly level: $1.6B last quarter, down 1.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.1% | -1.4 points |
| Q2 2026 | -50% | -50 points |
| Q1 2026 | -3.4% | -4.6 points |
| Q4 2025 | -48% | -40 points |
| Q3 2025 | 3.5% | +6.9 points |
| Q2 2025 | 0.4% | -5.6 points |
| Q1 2025 | 1.1% | -6.2 points |
| Q4 2024 | -8.2% | +19 points |
OI's operating margin was 2.1% last quarter, down 1.4 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 OI on cash generation, producing positive trailing cash flow while its opponent burns cash.
OI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $84M | -26% |
| Q2 2026 | -$1M | -102% |
| Q1 2026 | -$436M | -$130M |
| Q4 2025 | $309M | +47% |
| Q3 2025 | $114M | +107% |
| Q2 2025 | $51M | -43% |
| Q1 2025 | -$306M | +$177M |
| Q4 2024 | $210M | +33% |
OI's free cash flow was −$44M over the past year, against $69M 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 OI 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.
OI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +314K shares |
| 1 year | -0.9% | -1.4M shares |
| 3 years | -3.4% | -5.5M shares |
| 5 years | -4.2% | -6.7M shares |
| Available history | -0.9% | -1.4M shares |
OI has 154M diluted shares, down 0.9% from a year ago, with $20M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $10M |
| Q4 2025 | $10M |
| Q3 2025 | $10M |
| Q2 2025 | $10M |
| Q1 2025 | $10M |
| Q4 2024 | $10M |
OI spent $20M buying back its own shares over the past year, down 50% 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.
OI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 10.9x | High |
| Q2 2025 | 14.9x | High |
| Q1 2025 | 11.0x | High |
| Q4 2024 | 8.1x | High |
| Q3 2024 | 20.8x | High |
| Q2 2024 | 12.6x | High |
| Q1 2024 | 11.2x | High |
| Q4 2023 | 7.3x | High |
OI's net debt is about 11 years of its operating earnings (EBITDA), down from more than 20 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).
OI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.8 | Oversold |
| Stochastic | 5.3 | Oversold |
OI's weekly RSI is 30 (oversold) and its Stochastic is 5 (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.
OI PE vs Consumer Cyclical Sector
| Metric | OI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
OI 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 OI on trend strength, trading above more of its moving averages.
OI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.63 | 13% below |
| 20 week MA | $6.90 | 29% below |
| 50 week MA | $10.0 | 51% below |
| 100 week MA | $11.3 | 57% below |
| 200 week MA | $13.9 | 65% below |
OI is in a downtrend: it's below all five of its weekly moving averages, and 65% 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 OI on returns for 2026, with the stronger performance.
OI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.9 | $11.5 | -3.3% |
| 2021 | $11.5 | $11.5 | +0.3% |
| 2022 | $11.5 | $16.9 | +46% |
| 2023 | $16.9 | $16.4 | -2.9% |
| 2024 | $16.4 | $10.3 | -37% |
| 2025 | $10.3 | $14.9 | +45% |
| 2026 YTD | $14.9 | $4.88 | -67% |
OI has finished lower in three of the last six years. It's down 67% so far in 2026.