EBAY
eBay Inc.
EBAY's outlook is improving despite an expensive valuation.
SHOO
Steven Madden, Ltd.
SHOO has the 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.
SHOO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Healthy |
SHOO's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
SHOO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $28.23 | -31% |
| Current | 17x | $41.18 | — |
| Forward | 17x | $41.18 | — |
| Fair | 18x | $44.77 | +8.7% |
| Expensive | 46x | $113 | +174% |
Historical ranges are pointers, not guarantees.
SHOO 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.
SHOO Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for SHOO, with profitability improving.
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 SHOO on earnings, with more consistent year-over-year improvement.
SHOO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.48 | +2.1% |
| Q3 2026 | $2.43 | +208% |
| Q2 2026 | $2.00 | +57% |
| Q1 2026 | $1.06 | -54% |
| Q4 2025 | $0.63 | -73% |
| Q3 2025 | $0.79 | -66% |
| Q2 2025 | $1.27 | -48% |
| Q1 2025 | $2.32 | -4.1% |
| Q4 2024 | $2.35 | +2.2% |
SHOO earned $2.43 per share over the past year, about three times what it earned 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's revenue has grown year over year for 15 quarters in a row: $3.2B last quarter, up 14% from the same quarter a year ago.
| 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 SHOO on profitability, with a higher operating margin.
SHOO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $772.6M | +16% |
| Q2 2026 | $665.9M | +19% |
| Q1 2026 | $653.1M | +18% |
| Q4 2025 | $753.7M | +29% |
| Q3 2025 | $667.9M | +6.9% |
| Q2 2025 | $559M | +6.8% |
| Q1 2025 | $553.5M | +0.2% |
| Q4 2024 | $582.3M | +12% |
SHOO has the edge over EBAY on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.5% | +4.8 points |
| Q2 2026 | 5.9% | +13 points |
| Q1 2026 | 15% | +5.5 points |
| Q4 2025 | 4.8% | -3.2 points |
| Q3 2025 | 4.7% | -7.2 points |
| Q2 2025 | -7.2% | -16 points |
| Q1 2025 | 9.7% | -0.6 points |
| Q4 2024 | 8% | +0.3 points |
SHOO's operating margin was 9.5% last quarter, up 4.8 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 SHOO on cash flow, with more consistent year-over-year improvement.
SHOO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$10.9M | -227% |
| Q2 2026 | $196.1M | +233% |
| Q1 2026 | -$61.2M | -$32.6M |
| Q4 2025 | $80.8M | -15% |
| Q3 2025 | $8.6M | +$15.5M |
| Q2 2025 | $58.8M | -44% |
| Q1 2025 | -$28.7M | -$9M |
| Q4 2024 | $94.6M | -35% |
SHOO usually generates cash, though not every quarter: the latest was −$11M, but it generated $205M 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 SHOO 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.
SHOO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +413K shares |
| 1 year | +2% | +1.4M shares |
| 3 years | -2% | -1.5M shares |
| 5 years | -11% | -8.7M shares |
| Available history | -13% | -11.1M shares |
SHOO has 73M diluted shares, up 2% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $343,000 |
| Q2 2026 | $985,000 |
| Q1 2026 | $7.4M |
| Q4 2025 | $5.2M |
| Q3 2025 | $169,000 |
| Q2 2025 | $428,000 |
| Q1 2025 | $7.8M |
| Q4 2024 | $2.6M |
SHOO spent $14M buying back its own shares over the past year, up 26% 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.
SHOO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | 1.1x | Healthy |
| Q2 2025 | 1.1x | Healthy |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
| Q3 2024 | -0.6x | Net Cash |
| Q2 2024 | -0.7x | Net Cash |
| Q1 2024 | -0.6x | Net Cash |
| Q4 2023 | -0.9x | Net Cash |
SHOO's net debt is about 1.1 years of its operating earnings (EBITDA), after holding more cash than debt 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).
SHOO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.6 | Neutral |
| Stochastic | 24.1 | Neutral |
SHOO's weekly RSI is 47 (neutral) and its Stochastic is 24 (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.
SHOO PE vs Consumer Cyclical Sector
| Metric | SHOO | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 5.9% below |
| PE % | 37 | 47 | 10 pts below |
SHOO 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 SHOO on trend strength, trading above more of its moving averages.
SHOO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $43.5 | 5.3% below |
| 20 week MA | $43.9 | 6.1% below |
| 50 week MA | $41.7 | 1.2% below |
| 100 week MA | $36.3 | 14% above |
| 200 week MA | $37.6 | 9.4% above |
SHOO has slipped below its 8-, 20- and 50-week averages, though it's still 9.4% 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 SHOO on returns for 2026, with the stronger performance.
SHOO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.7 | $34.6 | -19% |
| 2021 | $34.6 | $44.4 | +28% |
| 2022 | $44.4 | $32.5 | -27% |
| 2023 | $32.5 | $42.0 | +29% |
| 2024 | $42.0 | $42.3 | +0.8% |
| 2025 | $42.3 | $43.0 | +1.7% |
| 2026 YTD | $43.0 | $41.2 | -4.3% |
SHOO has finished higher in four of the last six years. It's down 4.3% so far in 2026.