Etsy (NYSE:ETSY) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Etsy (NYSE:ETSY) had its price objective boosted by investment analysts at JPMorgan Chase & Co. from $58.00 to $75.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 16.61% from the company’s previous close.

Other equities analysts have also issued reports about the company. Canaccord Genuity Group reduced their price target on Etsy from $80.00 to $72.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Sanford C. Bernstein increased their price objective on Etsy from $60.00 to $65.00 and gave the company a “market perform” rating in a research note on Thursday. Jefferies Financial Group cut their target price on shares of Etsy from $62.00 to $55.00 and set a “hold” rating on the stock in a report on Thursday, February 12th. B. Riley Financial downgraded shares of Etsy from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $70.00 to $75.00 in a research note on Thursday. Finally, Needham & Company LLC upped their price target on shares of Etsy from $65.00 to $85.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nineteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $68.38.

Etsy Trading Down 7.6%

Etsy stock traded down $5.29 during mid-day trading on Thursday, hitting $64.32. The company’s stock had a trading volume of 5,905,125 shares, compared to its average volume of 3,542,252. The business has a 50 day moving average of $55.16. Etsy has a 12 month low of $42.10 and a 12 month high of $76.51. The stock has a market cap of $6.10 billion, a PE ratio of 49.10, a price-to-earnings-growth ratio of 9.90 and a beta of 1.77.

Etsy (NYSE:ETSY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). The company had revenue of $631.28 million for the quarter, compared to the consensus estimate of $622.39 million. Etsy had a net margin of 5.65% and a negative return on equity of 24.94%. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the business posted ($0.49) earnings per share. Equities analysts forecast that Etsy will post 3.12 earnings per share for the current year.

Insider Activity

In related news, insider Josh Silverman sold 70,000 shares of Etsy stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $65.00, for a total value of $4,550,000.00. Following the sale, the insider owned 130,694 shares in the company, valued at $8,495,110. The trade was a 34.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Merilee Buckley sold 1,993 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $52.92, for a total transaction of $105,469.56. Following the transaction, the chief accounting officer directly owned 809 shares in the company, valued at approximately $42,812.28. The trade was a 71.13% 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. Over the last three months, insiders have sold 168,636 shares of company stock valued at $10,253,703. Company insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Etsy

Large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC boosted its position in Etsy by 19.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,986 shares of the company’s stock valued at $282,000 after acquiring an additional 961 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Etsy by 55.5% in the 1st quarter. Empowered Funds LLC now owns 9,673 shares of the company’s stock valued at $456,000 after purchasing an additional 3,451 shares during the period. Woodline Partners LP bought a new stake in shares of Etsy during the first quarter valued at approximately $2,181,000. Northwestern Mutual Wealth Management Co. grew its stake in Etsy by 33.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,594 shares of the company’s stock worth $180,000 after purchasing an additional 906 shares during the period. Finally, M&T Bank Corp purchased a new stake in Etsy in the second quarter worth $232,000. Institutional investors own 99.53% of the company’s stock.

Etsy News Roundup

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Earnings and marketplace recovery — Etsy reported Q1 revenue above expectations and returned to year‑over‑year gross merchandise sales growth; management cited improving buyer activity and higher spend per shopper, which drove revenue and margin improvement. Online marketplace Etsy beats revenue estimates on steady demand
• Positive Sentiment: First buyer growth and AI initiatives — Etsy posted its first buyer growth in two years and highlighted AI product investments intended to improve discovery and win back lost shoppers, a bullish signal for long‑term marketplace health. Etsy posts first buyer growth in two years amid AI push
• Positive Sentiment: Analyst bullishness (price target raises) — Several firms raised targets (Needham, Truist, Barclays, BTIG, Deutsche Bank nudged targets higher), signaling renewed analyst confidence in Etsy’s recovery and upside potential. Analyst price target changes (multiple)
• Neutral Sentiment: Institutional/portfolio interest — Bares Capital and other value managers continue to hold Etsy as a meaningful position, indicating steady institutional support that could stabilize shares over time. Etsy Inc. (ETSY): One of the Premier Stocks to Buy According to Bares Capital
• Neutral Sentiment: Seller and marketplace commentary — Coverage about seller strategy and seasonal trends is getting attention but is unlikely to move the stock materially in the near term. Etsy seller secrets for seasonal success
• Negative Sentiment: Sustainability questions from Morgan Stanley — Analysts flagged execution and sustainability concerns despite returning growth, which raises doubts about how durable the recovery is and may pressure the stock until metrics consistently improve. Etsy Faces Sustainability Questions Despite Return to Growth, Morgan Stanley Says
• Negative Sentiment: Mixed analyst signals and cautious ratings — a few firms either kept cautious ratings (Wells Fargo maintained underweight despite a higher target) or downgraded to neutral, contributing to volatility and recent profit‑taking after the earnings pop. Analyst note: Wells Fargo / B. Riley actions

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.