Etsy (NYSE:ETSY) Price Target Raised to $105.00

Etsy (NYSE:ETSY) had its target price boosted by Rosenblatt Securities from $95.00 to $105.00 in a research report sent to investors on Thursday,Benzinga reports. The firm currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the company. Canaccord Genuity Group raised their target price on Etsy from $92.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday. Guggenheim boosted their price target on shares of Etsy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday. Royal Bank Of Canada downgraded shares of Etsy to a “sector perform” rating in a report on Thursday, August 20th. Wells Fargo & Company upped their price target on shares of Etsy from $61.00 to $76.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Finally, Needham & Company LLC raised their price objective on shares of Etsy from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $94.07.

Etsy Stock Performance

Shares of NYSE ETSY opened at $88.95 on Thursday. Etsy has a 1 year low of $44.00 and a 1 year high of $94.49. The firm has a market cap of $7.67 billion, a P/E ratio of 10.50, a PEG ratio of 2.07 and a beta of 1.86. The stock has a fifty day moving average price of $78.74 and a two-hundred day moving average price of $68.21.

Etsy (NYSE:ETSY) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $7.31 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $6.55. Etsy had a negative return on equity of 43.65% and a net margin of 34.36%. The company had revenue of $692.47 million for the quarter, compared to the consensus estimate of $669.04 million. During the same quarter in the previous year, the business earned $0.63 EPS. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. On average, research analysts predict that Etsy will post 3.94 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Josh Silverman sold 417 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $84.47, for a total transaction of $35,223.99. Following the completion of the sale, the insider directly owned 262,617 shares of the company’s stock, valued at $22,183,257.99. This trade represents a 0.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Richard Colburn, III sold 4,472 shares of Etsy stock in a transaction on Monday, October 5th. The stock was sold at an average price of $71.31, for a total value of $318,898.32. Following the completion of the transaction, the insider owned 6,503 shares in the company, valued at $463,728.93. The trade was a 40.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 133,251 shares of company stock worth $10,966,499. Insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On Etsy

A number of large investors have recently made changes to their positions in the company. Headlands Technologies LLC purchased a new position in Etsy during the 2nd quarter valued at about $1,045,000. Ieq Capital LLC purchased a new stake in shares of Etsy in the second quarter worth approximately $4,083,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Etsy in the second quarter worth approximately $6,466,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Etsy in the second quarter worth approximately $2,144,000. Finally, Bank of Nova Scotia acquired a new stake in shares of Etsy during the second quarter worth approximately $18,602,000. Institutional investors and hedge funds own 99.53% of the company’s stock.

Etsy News Roundup

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Strong third-quarter results support the investment case. Etsy reported revenue of approximately $692.5 million, up 10.9% year over year and above expectations. Gross merchandise sales and advertising revenue strengthened, active buyers returned to growth, and management forecast fourth-quarter GMS growth of 5% to 7%. ETSY Q3 Earnings Beat Estimates on GMS & Ads Growth, Revenues Rise Y/Y
• Positive Sentiment: Profitability was a major catalyst for the recent rally. Adjusted EBITDA reached about $210 million, representing a 30.4% margin. Analysts at Wedbush said Etsy’s internal initiatives, particularly personalization, are contributing to GMS growth. Etsy’s Internal Initiatives Drive GMS Growth, Wedbush Says
• Positive Sentiment: Several analysts raised their price targets. Needham increased its target to $110 and Rosenblatt raised its target to $105, with both firms maintaining buy ratings. BTIG Research also forecast significant potential appreciation for Etsy shares. BTIG Research Forecasts Strong Price Appreciation for Etsy Stock
• Neutral Sentiment: Etsy is tightening its rules on AI-generated listings. The new CEO is attempting to protect Etsy’s handmade-focused identity by restricting AI-related seller content. The move could improve buyer trust and help shoppers return, but users are calling for an even broader ban, creating execution and seller-retention risks. Etsy’s new CEO cracks down on AI listings—and buyers start to return
• Negative Sentiment: Valuation concerns and cautious ratings are limiting upside. Morgan Stanley raised its target to $79 while retaining an equal-weight rating, and Wells Fargo raised its target to $80 but kept an underweight rating. Both targets remain below the stock’s recent trading level, suggesting some investors view the rally as ahead of near-term fundamentals.

About Etsy

Etsy, Inc operates an online marketplace that connects independent sellers with consumers seeking unique and creative goods. Its marketplace features products such as handmade items, personalized gifts, vintage merchandise, home décor, jewelry, clothing, craft supplies and other goods made, designed, selected or sourced by individual sellers and small businesses.

The company provides tools and services that support marketplace activity, including seller storefronts, search and discovery features, payment processing, advertising, shipping assistance and customer support.