eBay is trading $123.70 (+4.81%) after its October 28, 2026, Q3 results beat analyst expectations, the clear company-specific catalyst for the after-hours gain.

  • Non-GAAP EPS was $1.51, beating estimates by $0.10; revenue was $3.2 billion, beating by $90 million.
  • GMV reached $23.2 billion, up 15% year over year; the company cited Depop’s expected impact in its outlook.
  • Q4 guidance: revenue of $3.19–$3.24 billion and GMV of $23.7–$24.1 billion.