JPMorgan Chase & Co. Issues Positive Forecast for Etsy (NYSE:ETSY) Stock Price

Etsy (NYSE:ETSY) had its target price upped by JPMorgan Chase & Co. from $58.00 to $75.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a neutral rating on the stock.

A number of other brokerages have also recently weighed in on ETSY. Jefferies Financial Group reduced their price objective on shares of Etsy from $62.00 to $55.00 and set a “hold” rating for the company in a research note on Thursday, February 12th. Barclays boosted their price objective on shares of Etsy from $72.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Etsy from $74.00 to $75.00 and gave the stock a “hold” rating in a research note on Thursday. Needham & Company LLC boosted their price objective on shares of Etsy from $65.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Raymond James Financial restated an “outperform” rating and issued a $75.00 price objective on shares of Etsy in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nineteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $70.09.

Etsy Price Performance

NYSE ETSY opened at $64.32 on Thursday. The firm has a market capitalization of $6.10 billion, a PE ratio of 26.80, a PEG ratio of 10.43 and a beta of 1.77. The company has a 50 day simple moving average of $55.48. Etsy has a 12-month low of $42.10 and a 12-month high of $76.51.

Etsy (NYSE:ETSY) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.04. Etsy had a net margin of 9.94% and a negative return on equity of 28.60%. The business had revenue of $881.64 million during the quarter. On average, analysts expect that Etsy will post 3.16 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Josh Silverman sold 70,000 shares of the business’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $65.00, for a total transaction of $4,550,000.00. Following the transaction, the insider owned 130,694 shares of the company’s stock, valued at approximately $8,495,110. The trade was a 34.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles Andrew Ballard sold 1,790 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $55.74, for a total transaction of $99,774.60. Following the transaction, the director directly owned 4,006 shares in the company, valued at $223,294.44. This trade represents a 30.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 168,636 shares of company stock valued at $10,253,703. 2.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Etsy

A number of institutional investors and hedge funds have recently bought and sold shares of ETSY. EFG International AG bought a new position in Etsy during the fourth quarter worth $33,000. SJS Investment Consulting Inc. increased its holdings in Etsy by 12,600.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 762 shares of the company’s stock valued at $51,000 after buying an additional 756 shares during the period. Abich Financial Wealth Management LLC bought a new stake in Etsy in the 3rd quarter valued at $51,000. Salomon & Ludwin LLC bought a new stake in Etsy in the 3rd quarter valued at $55,000. Finally, Blue Trust Inc. increased its holdings in Etsy by 19.3% in the 1st quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock valued at $62,000 after buying an additional 200 shares during the period. Institutional investors own 99.53% of the company’s stock.

More Etsy News

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Company-level results: Etsy reported Q1 revenue above expectations, returned to GMV growth and posted the first buyer growth in two years — momentum cited as the core bullish argument. Etsy, Inc. Reports First Quarter 2026 Results
• Positive Sentiment: Broker upgrades and higher price targets: Multiple firms raised targets and published buy/overweight views (Needham, Truist, Barclays, Canaccord, BTIG among others), supporting upside case and signaling analyst confidence in recovery. Multiple analyst upgrades (Benzinga)
• Neutral Sentiment: Analyst research pieces highlight improving fundamentals and momentum (Zacks, Seeking Alpha) that frame Etsy as a longer‑term momentum/small‑cap value candidate rather than an immediate catalyst. Etsy: A Simplified Business Sees A Strong Start To 2026
• Neutral Sentiment: Coverage noting operational improvements (advertising/services driving revenue, improved margins) — good context but not an immediate price driver absent guidance changes. Zacks: ETSY Q1 Earnings & Revenues Surpass Estimates
• Negative Sentiment: Institutional/ESG concerns: Morgan Stanley flagged sustainability questions despite growth, which can weigh on longer‑term sentiment and some institutional buyers. Etsy Faces Sustainability Questions (Yahoo)
• Negative Sentiment: Mixed analyst signals: B. Riley downgraded Etsy from buy to neutral (even as its target ticked up), and Wells Fargo kept an underweight despite raising its target — these mixed recommendations can trigger profit‑taking after the post‑earnings rally. B. Riley downgrade / Wells Fargo note (The Fly / Benzinga)
• Negative Sentiment: Conflicting headlines on EPS and margins: some reports flagged an EPS miss or modest margin/ROE concerns, adding caution despite revenue beats — feeds short‑term volatility. MarketBeat Q1 summary & call transcript

Etsy Company Profile

Etsy, Inc operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. 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. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels.