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eBay Q1 2026 shows strong start with 9.8% GMV growth, but macro risks loom ahead

Company Fundamentals
28 Apr 2026
Proactive Investors
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Bullish
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eBay is set to report Q1 2026 results with UBS forecasting 9.8% year-over-year GMV growth, driven by strong US sales and focus category momentum. Revenue is expected at $3 billion, with operating margins and EPS guidance beating expectations. However, UBS highlights risks from the Middle East conflict and rising shipping costs that could impact future quarters. eBay is investing in growth areas like live commerce and shipping solutions, with the Depop acquisition expected to strengthen its recommerce position.

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