eBay Inc. (NASDAQ: EBAY) saw its stock soar 11.53% in pre-market trading on Thursday, following the release of its better-than-expected second-quarter 2025 earnings report and an optimistic forecast for the third quarter. The e-commerce giant's performance exceeded analyst expectations, showcasing resilience in a challenging economic environment.
For the second quarter, eBay reported adjusted earnings per share of $1.37, surpassing the analyst consensus estimate of $1.30 and marking a 16.1% increase from the same period last year. Revenue for the quarter 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), a key metric in the e-commerce industry, rose 6% to $19.5 billion, outperforming analyst expectations of $18.95 billion.
Adding to the positive sentiment, eBay provided an upbeat outlook for the third quarter, forecasting 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.