eBay (EBAY) stock is soaring 16.90% in pre-market trading on Thursday following the company's impressive second-quarter results and an optimistic outlook for the third quarter. The e-commerce giant's performance has exceeded analyst expectations, demonstrating resilience in a challenging economic environment.

For Q2 2025, eBay reported adjusted earnings per share of $1.37, surpassing the analyst consensus estimate of $1.30. Revenue reached $2.73 billion, beating the expected $2.64 billion and representing a 6.14% year-over-year growth. The company's gross merchandise volume (GMV) rose 6% to $19.5 billion, outperforming analyst expectations of $18.95 billion.

Adding to the positive sentiment, eBay provided an upbeat forecast for Q3, projecting revenue between $2.69 billion and $2.74 billion, above Wall Street's average estimate of $2.66 billion. The company attributed its strong performance to robust demand for collectibles, renewed interest in Pokemon cards, and favorable consumer trends in the U.S. market. eBay's CEO, Jamie Iannone, noted that despite tariff announcements and changes in import policies, consumer demand in the U.S. remained resilient. The company has also leveraged artificial intelligence in its operations, introducing new tools like a "magical listing tool" and a personalized shopping agent, which may have contributed to its strong performance.