Etsy (NYSE:ETSY) Stock Price Target Raised at BTIG Research

Key Points

• BTIG Research raised Etsy’s price target to $102 from $90 and maintained a “buy” rating, implying approximately 10.5% upside from the reported share price.
• Etsy reported stronger-than-expected quarterly results, with revenue of $692.5 million—up 10.9% year over year—and EPS substantially above consensus estimates.
• Despite positive analyst actions and improved marketplace engagement, the broader analyst consensus remains “Hold” with an average price target of $86.62; insider selling and concerns about profit quality and execution remain risks.

Etsy (NYSE:ETSY - Get Free Report) had its price target boosted by research analysts at BTIG Research from $90.00 to $102.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. BTIG Research's target price would suggest a potential upside of 10.51% from the stock's current price.

Several other research firms have also recently weighed in on ETSY. Barclays increased their price objective on Etsy from $82.00 to $94.00 and gave the stock an "overweight" rating in a report on Friday, August 7th. B. Riley Financial upped their target price on Etsy from $75.00 to $82.00 and gave the company a "neutral" rating in a report on Monday, August 10th. Sanford C. Bernstein upgraded Etsy from a "hold" rating to a "strong-buy" rating in a report on Friday, September 11th. Rosenblatt Securities began coverage on Etsy in a research note on Thursday, August 20th. They issued a "buy" rating and a $95.00 price target for the company. Finally, Truist Financial lifted their price target on shares of Etsy from $85.00 to $90.00 and gave the company a "buy" rating in a report on Wednesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $86.62.

Etsy Stock Performance

NYSE:ETSY traded up $4.64 during midday trading on Wednesday, reaching $92.30. 4,079,029 shares of the stock traded hands, compared to its average volume of 3,243,232. The stock has a market capitalization of $8.76 billion, a P/E ratio of 51.53, a PEG ratio of 2.17 and a beta of 1.86. The company has a fifty day moving average of $78.11 and a 200 day moving average of $67.76. Etsy has a 12 month low of $44.00 and a 12 month high of $94.49.

Etsy (NYSE:ETSY - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $7.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $6.55. The firm had revenue of $692.47 million for the quarter, compared to analysts' expectations of $668.06 million. Etsy had a net margin of 7.32% and a negative return on equity of 34.18%. The company's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.63 earnings per share. On average, analysts predict that Etsy will post 3.94 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Josh Silverman sold 417 shares of Etsy stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $84.47, for a total transaction of $35,223.99. Following the completion of the transaction, the insider directly owned 262,617 shares in the company, valued at approximately $22,183,257.99. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Merilee Buckley sold 5,076 shares of the business's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $90.00, for a total value of $456,840.00. Following the completion of the sale, the chief accounting officer directly owned 5,076 shares in the company, valued at approximately $456,840. This represents a 50.00% 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 quarter, insiders have sold 133,251 shares of company stock worth $10,966,499. 2.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Choreo LLC increased its holdings in shares of Etsy by 6.1% during the third quarter. Choreo LLC now owns 12,785 shares of the company's stock valued at $916,000 after acquiring an additional 731 shares in the last quarter. Signaturefd LLC boosted its stake in Etsy by 61.8% in the 3rd quarter. Signaturefd LLC now owns 762 shares of the company's stock worth $54,000 after purchasing an additional 291 shares in the last quarter. Sterling Capital Management LLC boosted its stake in Etsy by 20.5% in the 3rd quarter. Sterling Capital Management LLC now owns 38,493 shares of the company's stock worth $2,752,000 after purchasing an additional 6,555 shares in the last quarter. Root Financial Partners LLC bought a new position in Etsy in the 3rd quarter worth about $161,000. Finally, Lmcg Investments LLC grew its position in Etsy by 0.5% during the 3rd quarter. Lmcg Investments LLC now owns 71,633 shares of the company's stock valued at $5,121,000 after purchasing an additional 332 shares during the last quarter. 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: Q3 results exceeded expectations. Etsy reported revenue of approximately $692.5 million, up 10.9% year over year and above the roughly $668 million consensus estimate. Reported EPS also surpassed forecasts, although results included a significant net-income benefit; adjusted EPS was reported at $1.55 versus the $1.34 Zacks consensus. Etsy Third Quarter 2026 Results
• Positive Sentiment: Marketplace engagement improved. Reports highlighted growth in active buyers and higher sales, supporting the view that Etsy’s marketplace is regaining momentum. Key areas investors are watching include gross merchandise sales growth, advertising monetization and AI-enabled engagement. Etsy Sales Rise as Active Buyers Increase
• Positive Sentiment: AI-related marketplace controls may support trust. Etsy is tightening policies around AI-generated content and requiring greater transparency, including unedited product photos in some cases. The measures could help protect Etsy’s differentiated, handmade-focused brand and buyer experience. Etsy AI Policy Expectations
• Neutral Sentiment: CFO transition announced. CFO Lanny Baker plans to leave Etsy on March 1, 2027, and remain as an advisor through July 1, 2027. The planned handoff limits immediate disruption, but investors will monitor the search for a successor. Etsy Leadership Transition
• Negative Sentiment: Profit quality and execution remain risks. Analysts had flagged restructuring charges ahead of the release, while the large gap between reported EPS and adjusted EPS means investors may focus more heavily on underlying operating performance. Etsy also faces ongoing scrutiny over AI-generated listings and product-safety issues affecting marketplace sellers.

Etsy Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.