US online marketplace eBay has agreed to acquire fashion resale platform Depop from Etsy in a $1.2bn cash deal. The transaction is expected to close in the second quarter of 2026. Depop will continue to operate under its existing name, brand identity, platform and culture after the acquisition. Depop operates as a mobile-first consumer-to-consumer (C2C) fashion marketplace. It generated approximately $1bn in annual gross merchandise sales (GMS) in 2025, with nearly 60% year-on-year growth in the US. ...

Core Viewpoint - The article summarizes recent research calls from Wall Street, highlighting upgrades for several companies based on their financial performance and market positioning [1] Group 1: Company Upgrades - Goldman Sachs upgraded eBay (EBAY) to Neutral from Sell with a price target of $88, increased from $77, following strong Q4 results as the company focuses on "durable growth" [2] - Phillip Securities upgraded Shopify (SHOP) to Buy from Neutral with a price target of $160, up from $155, citing valuation after a recent stock pullback and strong growth potential in agentic commerce [2] - Needham upgraded Analog Devices (ADI) to Buy from Hold with a price target of $400, highlighting "strong" Q1 results and guidance that exceeded expectations, indicating improved operating results [2] - Daiwa upgraded T-Mobile (TMUS) to Outperform from Neutral with a price target of $240, up from $230, noting that mixed Q4 results were overshadowed by a strong capital markets day, positioning the company as a growth leader [2] - Daiwa upgraded Verizon (VZ) to Buy from Outperform with a price target of $58, increased from $48, following "stellar" Q4 metrics with 616,000 postpaid phone net additions, the best since 2019 [2]

The Etsy company logo is seen at its headquarters in New York City on Dec. 13, 2023.Etsy shares popped on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about $1.2 billion in cash. The online marketplace also reported mixed earnings results for the fourth quarter. Here's how Etsy did, compared with estimates from analysts polled by LSEG: Earnings per share: 92 cents vs. 84 cents estimatedRevenue: $882 million vs. $885 million estimatedGross merchandise sales, or ...

Market Analysis by covering: eBay Inc, Etsy Inc. Read 's Market Analysis on Investing.com ...

Shares of Etsy Inc (NYSE:ETSY) rose sharply in pre-market trading after the company entered into an agreement to sell Depop.Etsy and eBay (NASDAQ:EBAY) have entered into a definitive agreement under which eBay will acquire Etsy's fashion marketplace Depop for approximately $1.2 billion in cash.Etsy shares jumped 15.5% to $50.86 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersLosersPhoto via Shutterstock ...

Shares of eBay and Depop's current owner, Etsy, popped in after-hours trading. ...

eBay to Buy Depop, the Used Clothing Site Favored by Gen Z, for $1.2 Billion - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# eBay to Buy Etsy's Depop for $1.2 Billion. Both Stocks Are Jumping.By [Janet H. Cho]ShareResize---ReprintsIn this a ...

eBay's revenue of approximately $2.97 billion exceeded forecasts, showcasing strong market demand.The company's Gross Merchandise Volume (GMV) reached $21.2 billion, indicating a 10% increase on an as-reported basis.eBay announced a cash dividend of $0.31 per share for the first quarter, reflecting a 7% increase from the previous quarter.eBay Inc. (NASDAQ:EBAY) is a global e-commerce leader, facilitating consumer-to-consumer and business-to-consumer sales through its platform. The company competes with othe ...

Core Viewpoint - eBay aims to expand its presence in the Gen Z market by acquiring the secondhand fashion marketplace Depop from Etsy for approximately $1.2 billion in cash [1][6]. Group 1: Acquisition Details - The acquisition is expected to close in the second quarter and has been unanimously approved by the boards of eBay and Etsy [8]. - eBay plans to pay for the acquisition in cash, while Etsy intends to use the proceeds for general corporate purposes, share repurchases, and investment in its core marketplace [6]. Group 2: Market Position and Demographics - As of December 31, 2025, Depop had 7 million active buyers, with nearly 90% under the age of 34, and over 3 million active sellers [4]. - eBay's CEO Jamie Ianonne expressed confidence that Depop will be better positioned for long-term growth as part of eBay, benefiting from its scale and operational capabilities [3]. Group 3: Market Reaction - Following the announcement of the acquisition, eBay's shares rose by more than 7%, while Etsy's shares increased by nearly 15% in after-hours trading [9].

Alford said trailing 12-month active buyers were roughly 135 million in Q4; excluding buyers from the recently acquired Tise, active buyers were over 134 million, up nearly 1% year-over-year organically. Enthusiast buyers were stable at about 16 million, while spend per enthusiast buyer increased to over $3,300 on a trailing 12-month basis.For the fourth quarter, CFO Peggy Alford reported GMV growth of over 8% to $21.2 billion and revenue growth of over 13% to $2.96 billion, both on an organic, FX-neutral b ...