Can eBay (EBAY) Justify Its Valuation Following Recommerce Report Growth?

eBay (EBAY) is back in focus after its 2026 Recommerce Report highlighted rising secondhand shopping, stronger participation from younger buyers, and fresh demand linked to wardrobe changes driven by GLP-1 weight loss medications. Momentum around eBay has been building, with the share price at US$112.19 after a 7 day share price return of 5.44% and a 30 day share price return of 8.39%, even though the 90 day share price return declined 4.27%. The 3 year total shareholder return of 182.14% and...