eBay shares rise as company beats revenue forecasts and buys Depop
eBay shares rose Wednesday after the company projected first quarter revenue above analyst estimates. The firm also agreed to buy Depop for $1.2 billion.
Insights:
eBay Inc. forecast first-quarter revenue above Wall Street estimates on Wednesday, February 18, 2026, while simultaneously announcing a planned acquisition of the marketplace Depop from Etsy, Inc. for nearly $1.2 billion in cash. The company expects its revenue for the upcoming quarter to fall between $3.00 billion and $3.05 billion, a range that implies higher near-term revenue expectations than the $2.80 billion average estimate from analysts at LSEG.
