eBay Surges to All-Time High on 157th-Highest Trading Volume Amid Strong Fundamentals and Technical Signals

On August 13, 2025, eBay (EBAY) surged 3.82% to close at a new all-time high, with a trading volume of $730 million—the 157th highest on the day. Technical indicators show the stock has gained nearly 76% over the past year, trading above its 20-, 50-, and 100-day moving averages. Barchart’s analysis highlights a 100% “Buy” signal from its technical indicators, including a Trend Seeker “Buy” signal initiated on July 10, which has driven a 25.69% gain in the stock since that date.

The stock’s momentum is supported by strong fundamentals, including projected revenue growth of 5.45% in 2025 and 4.76% in 2026, alongside earnings growth estimates of 11.92% this year and 9.01% next. Analyst sentiment remains mixed: while 9 Wall Street analysts rate it as a “Strong Buy” and CFRA assigns a 4-star “Buy” rating with a $107 price target, Morningstar argues the stock is overvalued by 51%, citing a fair value of $63. Retail investors also show divergent views, with 8,011 on Motley Fool optimistic about outperforming the market versus 1,550 who are skeptical.

Despite the bullish technical setup and fundamentals, volatility remains a key risk. The RSI stands at 81.16%, indicating overbought conditions, while the stock has recorded 13 new highs in the past month. Analysts caution that strict risk management is essential given the speculative nature of the current rally. The stock’s 1.2% dividend yield and 23.13x trailing P/E ratio further highlight its growth-oriented appeal.

The backtest of a strategy buying the top 500 volume-driven stocks daily and holding for one day from 2022 to 2025 yielded a compound annual growth rate (CAGR) of 6.98%, with a maximum drawdown of 15.46% during the period. While the strategy showed steady growth, the significant mid-2023 correction underscores the need for disciplined risk management in volatile markets.