EBay advances after upbeat Q3 revenue forecast

Shares of e-commerce firm eBay EBAY.O jump 13.3% to $87.90 in premarket trading

Co forecasts Q3 revenue between $2.69 and $2.74 bln, above estimates of $2.66 bln - data compiled by LSEG

Q2 revenue beats expectations

At least seven brokerages raise their PTs on stock

BMO upgrades stock to "outperform" from "market perform", says co's focus categories segment accelerates growth, as execution is leading to performance improvement and it can provide upside to end of FY25

Baird says difficult to defend the "negative growth thesis" for co with Q2 volume growth and upside in revenue and consumer spending trends look better than expected

Average rating of 33 analysts is "hold", median PT at $72 - LSEG

Stock climbed about 25% YTD, till last close