Etsy (NYSE:ETSY) Stock Gets Price Target Bump from Morgan Stanley

Etsy (NYSE:ETSY) had its price objective raised by stock analysts at Morgan Stanley from $73.00 to $79.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley‘s price target suggests a potential downside of 14.60% from the stock’s current price.

Several other equities analysts have also recently issued reports on ETSY. UBS Group boosted their price objective on Etsy from $86.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday. B. Riley Financial raised their target price on shares of Etsy from $82.00 to $87.00 and gave the stock a “neutral” rating in a research report on Thursday. Barclays raised their target price on shares of Etsy from $94.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday. Guggenheim increased their price target on Etsy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Thursday. Finally, Oppenheimer raised shares of Etsy from a “market perform” rating to an “outperform” rating and set a $90.00 price target for the company in a report on Tuesday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $93.76.

Etsy Price Performance

ETSY stock traded up $0.15 during mid-day trading on Thursday, hitting $92.50. 1,749,087 shares of the stock were exchanged, compared to its average volume of 3,253,976. The stock has a market capitalization of $8.78 billion, a price-to-earnings ratio of 51.73, a PEG ratio of 2.17 and a beta of 1.81. The business has a fifty day moving average price of $78.36 and a 200 day moving average price of $67.92. Etsy has a 12 month low of $44.00 and a 12 month high of $94.49.

Etsy (NYSE:ETSY) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $7.31 EPS for the quarter, beating the consensus estimate of $0.76 by $6.55. Etsy had a net margin of 7.32% and a negative return on equity of 34.18%. The company had revenue of $692.47 million for the quarter, compared to the consensus estimate of $669.04 million. During the same period in the prior year, the firm posted $0.63 EPS. Etsy’s revenue for the quarter was up 10.9% on a year-over-year basis. As a group, equities analysts forecast that Etsy will post 3.94 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Charles Ballard sold 4,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $81.85, for a total value of $368,325.00. Following the completion of the sale, the director owned 4,239 shares of the company’s stock, valued at $346,962.15. This trade represents a 51.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Josh Silverman sold 41,108 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $83.11, for a total value of $3,416,485.88. Following the sale, the insider directly owned 171,932 shares of the company’s stock, valued at $14,289,268.52. This represents a 19.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 valued at $10,966,499. Insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On Etsy

A number of hedge funds and other institutional investors have recently modified their holdings of ETSY. Renaissance Technologies LLC raised its position in shares of Etsy by 11.1% in the 1st quarter. Renaissance Technologies LLC now owns 5,962,210 shares of the company’s stock valued at $297,991,000 after buying an additional 594,768 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Etsy by 51.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,278,123 shares of the company’s stock worth $163,841,000 after buying an additional 1,112,520 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Etsy by 48.0% in the second quarter. Assenagon Asset Management S.A. now owns 1,613,333 shares of the company’s stock worth $121,532,000 after purchasing an additional 523,092 shares during the period. William Blair Investment Management LLC bought a new position in shares of Etsy in the 2nd quarter worth $120,417,000. Finally, Dimensional Fund Advisors LP raised its position in Etsy by 6.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,573,696 shares of the company’s stock valued at $78,642,000 after buying an additional 100,542 shares during the last quarter. Institutional investors and hedge funds own 99.53% of the company’s stock.

Key Headlines Impacting Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Q3 results exceeded expectations. Revenue rose 10.9% year over year to approximately $692.5 million, surpassing estimates near $669 million. Reported earnings also beat consensus, while adjusted EBITDA reached $210 million, representing a strong 30.4% margin. ETSY Q3 Earnings Beat Estimates on GMS & Ads Growth, Revenues Rise Y/Y
• Positive Sentiment: Marketplace momentum improved. Gross merchandise sales increased 8.8% to about $2.6 billion, active buyers returned to year-over-year growth at approximately 88 million, and advertising growth contributed to revenue gains. Management expects fourth-quarter GMS growth of 5% to 7%, providing investors with a constructive near-term outlook. Etsy: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst sentiment improved. Needham raised its price target to $110, BTIG lifted its target to $102, and Rosenblatt increased its target to $105 while maintaining a buy rating. These revisions indicate greater confidence in Etsy’s growth and margin outlook. Needham analyst recommendation
• Neutral Sentiment: AI strategy remains a watch point. Etsy is using AI personalization to support buyer growth while also tightening rules around AI-generated products to protect the marketplace’s handmade and creative positioning. The approach could improve customer trust, but enforcement may create friction for some sellers. Etsy CEO addresses friction of AI vs. human creativity
• Negative Sentiment: CFO departure and valuation temper the bullish reaction. CFO Lanny Baker plans to leave on March 1, 2027, creating execution and transition risk. Wells Fargo raised its target to $80 but retained an underweight rating, implying concern that the stock’s sharp rally and elevated valuation may already discount much of the improvement. Etsy Announces Leadership Transition

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.