B. Riley Forecasts Etsy's Q2 Earnings (NASDAQ:ETSY)

Etsy, Inc. (NASDAQ:ETSY - Free Report) - Stock analysts at B. Riley reduced their Q2 2025 earnings estimates for Etsy in a research report issued on Thursday, May 1st. B. Riley analyst N. Khan now forecasts that the specialty retailer will post earnings per share of $0.69 for the quarter, down from their previous forecast of $0.82. B. Riley has a "Buy" rating and a $55.00 price objective on the stock. The consensus estimate for Etsy's current full-year earnings is $2.57 per share. B. Riley also issued estimates for Etsy's Q3 2025 earnings at $0.72 EPS, Q4 2025 earnings at $1.40 EPS, FY2025 earnings at $3.39 EPS, FY2026 earnings at $4.07 EPS, FY2027 earnings at $4.77 EPS, FY2028 earnings at $5.63 EPS and FY2029 earnings at $6.65 EPS.

Etsy (NASDAQ:ETSY - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The specialty retailer reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.04). The firm had revenue of $651.18 million for the quarter, compared to the consensus estimate of $642.22 million. Etsy had a net margin of 10.80% and a negative return on equity of 46.62%. The company's revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.48 earnings per share.

ETSY has been the subject of a number of other reports. JPMorgan Chase & Co. lowered their price target on shares of Etsy from $50.00 to $42.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. UBS Group dropped their price target on Etsy from $46.00 to $45.00 and set a "neutral" rating on the stock in a research report on Thursday. Needham & Company LLC reaffirmed a "buy" rating and set a $60.00 price objective on shares of Etsy in a research report on Wednesday, April 30th. Bank of America lowered their price objective on Etsy from $55.00 to $50.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Finally, Morgan Stanley cut their target price on Etsy from $40.00 to $38.00 and set an "underweight" rating on the stock in a research note on Thursday. Four analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $50.14.

Etsy Trading Up 4.2 %

Shares of ETSY stock opened at $44.30 on Monday. The company's fifty day moving average price is $45.88 and its 200-day moving average price is $51.10. The stock has a market cap of $4.62 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 2.57 and a beta of 1.78. Etsy has a 12 month low of $40.05 and a 12 month high of $66.93.

Insider Activity

In related news, CAO Merilee Buckley sold 1,676 shares of the company's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $48.40, for a total transaction of $81,118.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Toni Thompson Nadal sold 1,444 shares of the firm's stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $48.30, for a total value of $69,745.20. Following the completion of the transaction, the insider now directly owns 592 shares in the company, valued at $28,593.60. The trade was a 70.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,452 shares of company stock valued at $2,471,610 in the last ninety days. 2.60% of the stock is currently owned by company insiders.

Institutional Trading of Etsy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ETSY. DJE Kapital AG bought a new stake in shares of Etsy during the 4th quarter valued at $983,000. Charles Schwab Investment Management Inc. grew its holdings in Etsy by 12.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,131,020 shares of the specialty retailer's stock valued at $59,820,000 after purchasing an additional 122,126 shares during the period. Principal Financial Group Inc. raised its stake in shares of Etsy by 313.1% in the third quarter. Principal Financial Group Inc. now owns 542,505 shares of the specialty retailer's stock worth $30,125,000 after buying an additional 411,165 shares during the period. Los Angeles Capital Management LLC bought a new position in shares of Etsy in the fourth quarter worth about $492,000. Finally, Natixis Advisors LLC bought a new position in shares of Etsy during the 4th quarter valued at approximately $606,000. 99.53% of the stock is owned by hedge funds and other institutional investors.

Etsy Company Profile

Etsy, Inc, together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. 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.

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