Etsy (NASDAQ:ETSY) Given New $70.00 Price Target at B. Riley Financial

Etsy (NASDAQ:ETSY) had its target price lowered by B. Riley Financial from $78.00 to $70.00 in a research note published on Friday morning,Benzinga reports. B. Riley Financial currently has a buy rating on the specialty retailer’s stock.

Several other analysts have also recently weighed in on ETSY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $72.00 price objective on shares of Etsy in a report on Thursday, October 23rd. Canaccord Genuity Group dropped their price target on shares of Etsy from $80.00 to $72.00 and set a “buy” rating for the company in a research note on Friday. Raymond James Financial reaffirmed an “outperform” rating and issued a $78.00 price objective (down from $80.00) on shares of Etsy in a research note on Thursday, October 30th. Wedbush lowered their target price on shares of Etsy from $72.00 to $66.00 and set a “neutral” rating for the company in a report on Friday, December 19th. Finally, Needham & Company LLC cut their price target on Etsy from $76.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $61.12.

Etsy Stock Up 8.4%

ETSY stock opened at $52.20 on Friday. Etsy has a twelve month low of $40.05 and a twelve month high of $76.51. The company has a market cap of $5.15 billion, a P/E ratio of 42.10, a PEG ratio of 10.65 and a beta of 1.77. The business has a fifty day moving average of $55.62 and a 200-day moving average of $59.45.

Etsy announced that its Board of Directors has approved a stock buyback program on Thursday, December 18th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the specialty retailer to buy up to 14.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Insider Transactions at Etsy

In related news, insider Josh Silverman sold 21,666 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $53.26, for a total transaction of $1,153,931.16. Following the sale, the insider directly owned 90,661 shares in the company, valued at $4,828,604.86. This trade represents a 19.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Merilee Buckley sold 5,636 shares of Etsy stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $58.45, for a total value of $329,424.20. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 135,934 shares of company stock worth $7,661,068. 2.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Holocene Advisors LP lifted its stake in Etsy by 697.4% in the 2nd quarter. Holocene Advisors LP now owns 5,343,797 shares of the specialty retailer’s stock valued at $268,045,000 after acquiring an additional 4,673,615 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Etsy by 40.1% during the 4th quarter. AQR Capital Management LLC now owns 4,111,639 shares of the specialty retailer’s stock worth $227,785,000 after acquiring an additional 1,177,301 shares in the last quarter. Lone Pine Capital LLC acquired a new stake in shares of Etsy in the third quarter valued at approximately $257,614,000. Van ECK Associates Corp lifted its position in shares of Etsy by 1.1% in the fourth quarter. Van ECK Associates Corp now owns 3,734,156 shares of the specialty retailer’s stock worth $207,022,000 after purchasing an additional 39,067 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Etsy by 62.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,692,134 shares of the specialty retailer’s stock worth $185,197,000 after purchasing an additional 1,416,772 shares during the last quarter. 99.53% of the stock is currently owned by institutional investors.

Etsy News Roundup

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Sale of Depop to eBay for $1.2 billion in cash — provides >$1B of immediate liquidity, lets Etsy refocus on its core marketplace and was the main fundamental catalyst for the move higher. TechCrunch: Etsy sells Depop to eBay
• Positive Sentiment: Q4 beat on EPS and return to slight year-over-year GMS growth — Etsy topped EPS estimates and showed early stabilization in buyer engagement, helping investors look past near-term margin pressure. PR Newswire: Etsy Q4 and FY2025 results
• Positive Sentiment: Selected bullish analyst moves (Truist raise to $83, Needham buy maintained) give headline upside narratives that supported momentum for some buyers. Benzinga: analyst coverage
• Positive Sentiment: Wider market catalyst — a Supreme Court ruling that lifted e‑commerce names provided an additional short‑term bid to Etsy along with peers. CNBC: e‑commerce stocks pop after Supreme Court ruling
• Neutral Sentiment: Technical factors — elevated short interest amplified the rally (short squeeze component), so part of the move appears driven by positioning rather than new fundamentals. Benzinga: short interest note
• Neutral Sentiment: UBS and other cautious notes: some analysts view the Depop divestiture as improving profitability but still flag modest GMS growth and a valuation reset — a watch‑and‑wait stance. TipRanks: UBS commentary
• Negative Sentiment: Multiple analyst price‑target cuts and downgrades (JPMorgan, Wells Fargo, Morgan Stanley, Stifel, Cantor Fitzgerald and others) signal medium‑term caution on growth and valuation — these offsets could cap upside without clearer margin/GMS improvement. MarketScreener: analyst cuts
• Negative Sentiment: Mixed fundamentals and margin pressure — revenue roughly inline but profit and operating metrics showed strain, supporting views that a valuation reset may be underway. WSJ: profit vs revenue note
• Negative Sentiment: Insider sale disclosed (director sold 300 shares) — small in dollar terms but sometimes noted by traders as a modest negative signal. SEC Form 4: director sale

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.