Wedbush Forecasts Etsy’s Q2 Earnings (NASDAQ:ETSY)

Etsy, Inc. (NASDAQ:ETSY) – Investment analysts at Wedbush lowered their Q2 2025 earnings per share estimates for Etsy in a research report issued to clients and investors on Tuesday, April 15th. Wedbush analyst S. Devitt now forecasts that the specialty retailer will post earnings of $0.41 per share for the quarter, down from their previous forecast of $0.48. The consensus estimate for Etsy’s current full-year earnings is $2.57 per share. Wedbush also issued estimates for Etsy’s Q3 2025 earnings at $0.51 EPS, FY2025 earnings at $2.33 EPS and FY2026 earnings at $2.59 EPS.

Etsy (NASDAQ:ETSY) last posted its earnings results on Wednesday, February 19th. The specialty retailer reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.08. The firm had revenue of $852.16 million during the quarter, compared to the consensus estimate of $861.37 million. Etsy had a net margin of 10.80% and a negative return on equity of 46.62%. The company’s revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the company earned $0.62 earnings per share.

Several other brokerages have also recently weighed in on ETSY. Cantor Fitzgerald reduced their price target on Etsy from $46.00 to $43.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. JPMorgan Chase & Co. decreased their price target on Etsy from $50.00 to $42.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Bank of America cut their price objective on shares of Etsy from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Stifel Nicolaus decreased their target price on shares of Etsy from $56.00 to $51.00 and set a “hold” rating on the stock in a report on Thursday, February 20th. Finally, Jefferies Financial Group raised shares of Etsy from an “underperform” rating to a “hold” rating and raised their price target for the company from $45.00 to $55.00 in a report on Monday, January 13th. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $56.58.

Etsy Trading Down 0.3 %

Etsy stock opened at $43.50 on Wednesday. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of 18.35, a P/E/G ratio of 2.57 and a beta of 2.15. The firm has a 50 day simple moving average of $48.31 and a 200 day simple moving average of $51.71. Etsy has a 1-year low of $40.05 and a 1-year high of $71.72.

Insider Buying and Selling at Etsy

In other Etsy news, insider Nicholas Daniel sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $55.34, for a total value of $83,010.00. Following the completion of the sale, the insider now owns 22,198 shares in the company, valued at approximately $1,228,437.32. The trade was a 6.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Toni Thompson Nadal sold 1,444 shares of the firm’s stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $48.30, for a total transaction of $69,745.20. Following the completion of the transaction, the insider now owns 592 shares in the company, valued at $28,593.60. This represents a 70.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,952 shares of company stock worth $2,554,620 over the last three months. Company insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On Etsy

Institutional investors have recently added to or reduced their stakes in the company. Lindbrook Capital LLC increased its position in shares of Etsy by 55.7% in the fourth quarter. Lindbrook Capital LLC now owns 506 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 181 shares during the period. True Wealth Design LLC increased its holdings in Etsy by 112.7% during the 4th quarter. True Wealth Design LLC now owns 551 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 292 shares during the period. Hurley Capital LLC purchased a new position in Etsy during the 4th quarter valued at about $32,000. Strategic Investment Solutions Inc. IL purchased a new stake in Etsy in the 4th quarter worth approximately $34,000. Finally, Summit Securities Group LLC bought a new stake in shares of Etsy in the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 99.53% of the company’s stock.

About Etsy

Etsy, Inc, together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items.