---
title: "Weekly Recap | eBay +0.94%, cutting 9% of staff"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302951313.md"
description: "eBay (EBAY) closed at $121.41 this week, up 0.94% over the five sessions. The move was narrow through Monday and Tuesday before a push higher on Wednesday, followed by a modest pull-back on Thursday and a quiet Friday finish at $121.41. Weekly amplitude was 3.79%, while average daily volume of about 3.46m shares came in roughly 8.9% below the 60-day median, pointing to thinner-than-usual trading."
datetime: "2026-10-24T06:21:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302951313.md)
  - [en](https://longbridge.com/en/news/302951313.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302951313.md)
generator: "portal-rs"
---

# Weekly Recap | eBay +0.94%, cutting 9% of staff

## The Week

eBay (EBAY) closed at $121.41 this week, up 0.94% over the five sessions. The move was narrow through Monday and Tuesday before a push higher on Wednesday, followed by a modest pull-back on Thursday and a quiet Friday finish at $121.41. Weekly amplitude was 3.79%, while average daily volume of about 3.46m shares came in roughly 8.9% below the 60-day median, pointing to thinner-than-usual trading.

## Key Events

The dominant story this week was eBay’s push to simplify operations. On October 21, an internal memo pointed to a roughly 9% workforce reduction; subsequent reports said the plan involves about 1,000 to 1,100 roles in a second round of cuts in 2026, while the company was not taking up Ryan Cohen’s takeover approach. Shares were already near record highs when the layoffs surfaced. Separately, eBay moved to restrict AI shopping agent access over fraud risks. The overall narrative centred on cost discipline and remaining independent rather than top-line momentum.

## Analyst Ratings

As of October 23, 32 brokers cover eBay: 8 rate it buy, 4 rate it overweight, 17 rate it hold and 3 rate it sell. The consensus rating is hold, with a consensus target of $116.91741, about 3.7% below the latest price. Targets range from $71 to $145, a wide spread that points to meaningful disagreement. Within the 26 names in the retailer industry, eBay’s rating rank is fifth.

## The Week Ahead

The key date is October 28, when eBay reports third-quarter fiscal 2026 results after the close. Consensus estimates put EPS at about $1.0128 and revenue at about $3.108 billion. Macro data due from October 26 to 28 includes Dallas Fed manufacturing, durable goods orders, FHFA and Case Shiller home prices, new home sales and consumer confidence, all of which may shape sentiment toward retail and consumer-facing names.

## In Short

eBay edged higher this week and sits near record highs, but the core company signal was a 9% workforce reduction tied to simplification, with the firm staying independent. Broker views remain split, with a consensus hold and a target slightly below spot. The main test comes with next week’s earnings: whether cost discipline shows up in margins, and whether property and consumer data shift the macro backdrop. That tension between self-help efficiency and external demand is the thread to watch.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [EBAY.US](https://longbridge.com/en/quote/EBAY.US.md)

## Related News & Research

- [eBay plans to cut about 9% of global workforce](https://longbridge.com/en/news/302721613.md)
- [Two Setups, One Framework: What eBay and Teva Reveal About Trade Selection](https://longbridge.com/en/news/284975515.md)
- [SK Hynix to announce steps to boost shareholder returns on Wednesday](https://longbridge.com/en/news/303016405.md)
- [Marqeta (MQ) Expands With Square And Coinbase, Is The Stock Still Undervalued?](https://longbridge.com/en/news/302983307.md)
- [Google's privacy policy lets connected Gmail and Photos data personalize ads](https://longbridge.com/en/news/302987424.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**