Etsy (NASDAQ:ETSY) Stock Price Up 7.1% After Analyst Upgrade

Etsy, Inc. (NASDAQ:ETSY) rose 7.1% on Friday after Truist Financial raised their price target on the stock from $80.00 to $83.00. Truist Financial currently has a buy rating on the stock. Etsy traded as high as $50.67 and last traded at $51.54. Approximately 1,133,939 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 3,911,097 shares. The stock had previously closed at $48.14.

Several other research analysts have also recently weighed in on the stock. B. Riley Financial restated a “buy” rating on shares of Etsy in a report on Thursday, October 30th. Needham & Company LLC lowered their target price on Etsy from $76.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday. Piper Sandler reiterated a “neutral” rating on shares of Etsy in a research note on Wednesday, October 29th. BNP Paribas Exane initiated coverage on Etsy in a research report on Monday, November 24th. They set a “neutral” rating on the stock. Finally, Jefferies Financial Group cut their price target on Etsy from $62.00 to $55.00 and set a “hold” rating for the company in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $61.60.

Insider Transactions at Etsy

In other Etsy news, insider Josh Silverman sold 86,666 shares of Etsy stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $57.46, for a total transaction of $4,979,828.36. Following the completion of the sale, the insider directly owned 90,661 shares in the company, valued at $5,209,381.06. The trade was a 48.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Merilee Buckley sold 5,636 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $58.45, for a total transaction of $329,424.20. The SEC filing for this sale provides additional information. Insiders sold a total of 135,934 shares of company stock worth $7,661,068 over the last 90 days. Corporate insiders own 2.80% of the company’s stock.

Etsy News Summary

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Sale of Depop to eBay for $1.2B in cash — provides >$1B of liquidity, lets Etsy refocus on its core marketplace and was the main catalyst for the rally. CNBC: eBay buying Depop from Etsy
• Positive Sentiment: Q4 EPS beat and early signs of stabilization — Etsy reported $0.92 EPS, beating estimates, and returned to slight year‑over‑year GMS growth, which helped investors look past softer revenue/near‑term demand pressures. PR Newswire: Etsy Q4 and FY2025 results
• Positive Sentiment: Analyst bullishness from Truist (PT raised to $83, buy) and Needham (still a buy at $65) reinforces upside narratives for some investors. Benzinga: Truist/Needham coverage
• Neutral Sentiment: UBS maintained a Hold, saying the Depop divestiture improves profitability but modest GMS growth and a valuation reset justify a cautious stance. TipRanks: UBS commentary
• Neutral Sentiment: Market dynamics: high short interest amplified the rally (short squeeze component), so some of the move may be technical rather than solely fundamental. Benzinga: short interest note
• Negative Sentiment: Multiple analyst cuts/re-rating: Morgan Stanley lowered its PT to $60 (equal‑weight), Stifel cut to $55 (hold) and Cantor Fitzgerald trimmed to $51 (neutral) — these moves signal analyst caution on medium‑term growth/valuation. MarketScreener: Morgan Stanley cut The Fly: Stifel cut TickerReport: Cantor Fitzgerald cut
• Negative Sentiment: Mixed Q4 fundamentals and profitability pressure — revenue was roughly inline but gross profit/operating metrics showed strain (WSJ/earnings commentary), supporting some analysts’ lower targets and the view that a valuation reset may be underway. WSJ: profit vs revenue note
• Negative Sentiment: Insider sale disclosed (director sold 300 shares) — small in size but noted by markets as a mild negative governance/insider‑sentiment datapoint. SEC Form 4: director sale

Institutional Investors Weigh In On Etsy

Several institutional investors and hedge funds have recently bought and sold shares of the business. Public Sector Pension Investment Board raised its holdings in shares of Etsy by 21.2% during the third quarter. Public Sector Pension Investment Board now owns 430,824 shares of the specialty retailer’s stock valued at $28,602,000 after purchasing an additional 75,295 shares during the last quarter. Allianz Asset Management GmbH grew its position in Etsy by 1,648.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 706,679 shares of the specialty retailer’s stock worth $46,916,000 after purchasing an additional 666,253 shares during the period. Chicago Partners Investment Group LLC raised its stake in Etsy by 90.4% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 9,383 shares of the specialty retailer’s stock valued at $471,000 after buying an additional 4,455 shares during the last quarter. Monaco Asset Management SAM bought a new position in shares of Etsy during the 2nd quarter valued at $1,254,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Etsy in the 2nd quarter worth $8,671,000. Hedge funds and other institutional investors own 99.53% of the company’s stock.

Etsy Trading Up 5.3%

The stock has a market capitalization of $5.00 billion, a PE ratio of 40.94, a P/E/G ratio of 10.65 and a beta of 1.77. The stock has a 50 day moving average price of $55.66 and a 200-day moving average price of $59.49.

Etsy announced that its board has approved a stock buyback plan on Thursday, December 18th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the specialty retailer to buy up to 14.2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

Etsy Company Profile

Etsy, Inc (NASDAQ: ETSY) operates a global e-commerce marketplace focused on handmade, vintage and unique goods. The platform connects individual artisans, small businesses and collectors with buyers seeking one-of-a-kind items, ranging from handcrafted jewelry and clothing to home décor and art supplies. Etsy’s revenue is primarily generated through listing fees, transaction fees on sales and optional seller services such as advertising and shipping labels.

Founded in 2005 and headquartered in Brooklyn, New York, Etsy has cultivated a community-driven ethos, encouraging sustainable practices and personal entrepreneurship.