EBAY
eBay Inc.
EBAY has the edge over VIRC overall, supported by stronger fundamentals and lower modeled downside.
VIRC
Virco Mfg. Corporation
VIRC 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.
VIRC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Healthy | |
| Strong |
VIRC's cash flow and balance sheet are currently healthy, and its revenue is stable, but its profitability is weak.
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.
VIRC PE Valuation
VIRC 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 |
Analysts expect earnings and revenue growth for EBAY, with profitability holding steady.
VIRC Forward outlook
There aren't enough analyst estimates for VIRC to show an outlook.
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 VIRC on earnings quality, reporting a profit while its opponent remains loss making.
VIRC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.17 | -120% |
| Q2 2026 | -$0.07 | -106% |
| Q1 2026 | $0.16 | -88% |
| Q4 2025 | $0.25 | -84% |
| Q3 2025 | $0.85 | -48% |
| Q2 2025 | $1.24 | -21% |
| Q1 2025 | $1.32 | -1.5% |
| Q4 2024 | $1.55 | -11% |
VIRC has swung to a loss: it lost $0.17 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 VIRC 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 VIRC on profitability, with a higher operating margin.
VIRC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $87.5M | -5% |
| Q2 2026 | $30.7M | -9.1% |
| Q1 2026 | $26.2M | -8% |
| Q4 2025 | $47.6M | -42% |
| Q3 2025 | $92.1M | -15% |
| Q2 2025 | $33.8M | -28% |
| Q1 2025 | $28.5M | -33% |
| Q4 2024 | $82.6M | -1.9% |
VIRC's revenue has slid since its 2024 peak: $87M last quarter, down 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | -4.6 points |
| Q2 2026 | -12% | -12 points |
| Q1 2026 | -38% | -9.4 points |
| Q4 2025 | -3.5% | -17 points |
| Q3 2025 | 17% | -3.5 points |
| Q2 2025 | -0.3% | -6.6 points |
| Q1 2025 | -29% | -22 points |
| Q4 2024 | 13% | -4 points |
VIRC's operating margin was 12% last quarter, down 4.6 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 VIRC on cash flow, with more consistent year-over-year improvement.
VIRC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.9M | +224% |
| Q2 2026 | -$10.1M | +$11.4M |
| Q1 2026 | -$11.6M | -$2.4M |
| Q4 2025 | $24.5M | -21% |
| Q3 2025 | $1.8M | -83% |
| Q2 2025 | -$21.5M | -$15.9M |
| Q1 2025 | -$9.2M | -328% |
| Q4 2024 | $31M | -26% |
VIRC has burned cash in most quarters: $9M over the past year, about four times what it generated 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 VIRC 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.
VIRC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5K shares |
| 1 year | 0% | -6K shares |
| 3 years | -3.4% | -557K shares |
| 5 years | -1.2% | -192K shares |
| Available history | +0.2% | +27K shares |
VIRC has 16M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $190,000 |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $4M |
| Q1 2025 | $2.3M |
| Q4 2024 | — |
VIRC spent $190,000 buying back its own shares over the past year, down 97% 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.
VIRC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | 0.0x | Very low |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.9x | Net Cash |
VIRC 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).
VIRC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.6 | Neutral |
| Stochastic | 36.6 | Neutral |
VIRC's weekly RSI is 52 (neutral) and its Stochastic is 37 (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.
VIRC PE vs Consumer Cyclical Sector
| Metric | VIRC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
VIRC 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 VIRC on trend strength, trading above more of its moving averages.
VIRC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.38 | 0.3% below |
| 20 week MA | $6.24 | 1.9% above |
| 50 week MA | $6.27 | 1.4% above |
| 100 week MA | $7.54 | 16% below |
| 200 week MA | $8.44 | 25% below |
VIRC's trend is mixed: it's above two of its five weekly moving averages, and 25% 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 VIRC on returns for 2026, with the stronger performance.
VIRC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.38 | $2.51 | -43% |
| 2021 | $2.51 | $3.02 | +20% |
| 2022 | $3.02 | $4.30 | +42% |
| 2023 | $4.30 | $12.0 | +180% |
| 2024 | $12.0 | $10.6 | -12% |
| 2025 | $10.6 | $6.43 | -39% |
| 2026 YTD | $6.43 | $6.36 | -1.1% |
VIRC's yearly returns have swung widely, from +180% in 2023 to −43% in 2020. It's down 1.1% so far in 2026.