Key Highlights

  • eBay (NASDAQ:EBAY) traded at USD 125.59, up 6.41%, in pre-market trading on Thursday, October 29, 2026, following the company's third quarter 2026 results release of Wednesday, October 28, 2026.
  • Third quarter gross merchandise Volume was USD 23.2 billion, up 15%, and Revenue was USD 3.206 billion, up 14%, with non-GAAP Diluted Earnings per Share of USD 1.51 and GAAP diluted earnings per share of USD 1.11.
  • Fourth quarter guidance is revenue of USD 3.19 billion to USD 3.24 billion and non-GAAP earnings per share of USD 1.48 to USD 1.53, while free Cash Flow was USD 749 million in the third quarter.
  • Active buyers of 147 million include Depop and Tise, and the count excluding them was 136 million, up 1%; the pre-market quote is a thin snapshot that can change before the open.

The Pre-Market Move and Its Catalyst

eBay (NASDAQ:EBAY), a global marketplace operator connecting buyers and sellers across collectibles, vehicles parts and general merchandise, traded at USD 125.59, up 6.41%, in the pre-market snapshot of Thursday, October 29, 2026. Simple arithmetic on the quote implies a prior close of about USD 118.03. The catalyst is the company's third quarter 2026 results release of Wednesday, October 28, 2026, which reported double-digit growth in gross merchandise volume, the total value of items sold, and in revenue. The release also set fourth quarter and full-year guidance and declared a dividend. The advance appears consistent with a favourable reading of the growth rates and the outlook, which is an inference. Pre-market prices are thinly traded and can change before the open at 9:30 a.m. ET.

Why the Growth Rates and Guidance Frame the Move

eBay (NASDAQ:EBAY) reported third quarter gross merchandise volume of USD 23.2 billion, up 15% as reported and 16% on a foreign-exchange-neutral basis. Revenue was USD 3.206 billion, up 14% as reported and 13% foreign-exchange-neutral. GAAP Operating Margin was 19.2% and non-GAAP operating margin was 26.3%. Diluted earnings per share from continuing operations were USD 1.11 on a GAAP basis and USD 1.51 on a non-GAAP basis. Free cash flow was USD 749 million, the company repurchased about 6 million shares for USD 689 million and paid dividends of USD 138 million. The quarterly Dividend declared is USD 0.31 per share. Active buyers reached 147 million, up 10%, but the count excluding Depop and Tise was 136 million, up 1%.

Risks and What to Watch

The bull reading rests on growth of 15% in volume, margin of 26.3% on a non-GAAP basis, cash returns and full-year guidance of USD 12.62 billion to USD 12.67 billion in revenue and non-GAAP earnings per share of USD 6.25 to USD 6.30. The bear reading rests on fourth quarter non-GAAP earnings per share guidance of USD 1.48 to USD 1.53, which brackets the third quarter figure of USD 1.51, and on organic buyer growth of only 1%. Named risks include reliance on acquired platforms for buyer growth, consumer spending and foreign exchange. Investors should watch the open at 9:30 a.m. ET on Thursday, October 29, 2026, the Quarterly Report on Form 10-Q and the fourth quarter results.

Where Things Stand

The answer is that eBay (NASDAQ:EBAY) rose 6.41% before the open after third quarter results that showed volume growth of 15%, revenue growth of 14% and guidance for further revenue growth in the fourth quarter. The key number is non-GAAP diluted earnings per share of USD 1.51, against fourth quarter guidance of USD 1.48 to USD 1.53. The next catalysts are the open at 9:30 a.m. ET on Thursday, October 29, 2026, the Form 10-Q for the quarter and the fourth quarter results. Pre-market prices are snapshots and can change, and this is not Investment advice.