eBay (EBAY) Climbs 3% on Holiday Boost

We precocious published 10 Stocks Quietly Climbing Toward 2026. eBay Inc. (NASDAQ:EBAY) is 1 of the champion performers connected Monday.

Shares of eBay surged to a 4th consecutive time connected Monday, adding 2.97 percent to adjacent astatine $87.74 apiece, arsenic investors placed bets connected beardown maturation successful the retail assemblage amid an expected spike successful user spending during the vacation season.

eBay Inc. (NASDAQ:EBAY) rallied alongside its net retail counterparts, namely Etsy Inc., Global-E Online Ltd., Chewy Inc., Coupang Inc., and MercadoLibre Inc., connected expectations that the leap successful user spending during the vacation would importantly boost their income measurement successful the past 4th of the year.

For the 4th fourth alone, eBay Inc. (NASDAQ:EBAY) expects its revenues to deed $2.83 cardinal to $2.89 billion, oregon an implied maturation of 8 to 10 percent year-on-year.

Meanwhile, it targets revenues for the full-year to extremity astatine $10.97 cardinal to $11.03 billion, oregon a projected year-on-year maturation of 6 percent.

Last quarter, eBay Inc. (NASDAQ:EBAY) posted mixed net results, with nett income level astatine $632 million. Total revenues, connected the different hand, jumped by 9 percent to $2.82 cardinal from $2.58 cardinal year-on-year, with advertizing revenues unsocial generating $525 million, oregon 2.6 percent of its gross merchandise value.

While we admit the imaginable of EBAY arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.