eBay’s Resurgence Defies Dot-Com Era Stereotypes with AI-Driven Growth

Once dismissed as a relic of the dot-com bubble, eBay (EBAY) has surged nearly 50% year-to-date in 2025, outpacing many AI-focused stocks. The platform’s multi-year uptrend reflects its evolution into a ubiquitous e-commerce brand, leveraging AI to enhance user engagement and transaction volume.

Shareholders have reaped monumental rewards: a $10,000 investment at eBay’s 1998 IPO WOULD now be worth $1.22 million with dividends reinvested. The company’s strategic buybacks and growing dividend underscore its commitment to investor returns.

Founded in 1995 as AuctionWeb, eBay predates most modern tech giants. Its resilience lies in adapting to a tech-driven economy—where global internet penetration fuels demand for its marketplace model. Valuation metrics remain attractive despite the rally, suggesting further upside.