Cantor Fitzgerald Forecasts Etsy FY2026 Earnings

Etsy, Inc. (NASDAQ:ETSY - Free Report) - Analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for shares of Etsy in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan anticipates that the specialty retailer will post earnings per share of $2.88 for the year. Cantor Fitzgerald has a "Neutral" rating and a $47.00 price target on the stock. The consensus estimate for Etsy's current full-year earnings is $2.57 per share.

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

Several other equities research analysts also recently weighed in on ETSY. Barclays reduced their price target on shares of Etsy from $55.00 to $53.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 30th. Bank of America decreased their price objective on shares of Etsy from $55.00 to $50.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Stifel Nicolaus decreased their price objective on shares of Etsy from $51.00 to $45.00 and set a "hold" rating for the company in a report on Wednesday, April 23rd. Wells Fargo & Company decreased their price objective on shares of Etsy from $46.00 to $40.00 and set an "underweight" rating for the company in a report on Thursday, May 1st. Finally, Loop Capital decreased their price objective on shares of Etsy from $40.00 to $37.00 and set a "sell" rating for the company in a report on Thursday, May 1st. Five equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $50.17.

Etsy Price Performance

NASDAQ ETSY traded down $1.63 during trading hours on Tuesday, reaching $60.20. 6,210,406 shares of the company's stock traded hands, compared to its average volume of 4,104,625. Etsy has a 52-week low of $40.05 and a 52-week high of $66.90. The firm has a market cap of $6.28 billion, a PE ratio of 25.40, a PEG ratio of 2.57 and a beta of 1.80. The firm has a 50-day simple moving average of $48.42 and a 200 day simple moving average of $51.23.

Insider Activity

In other Etsy news, CTO Richard Edward Colburn III sold 2,350 shares of the stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $47.01, for a total transaction of $110,473.50. Following the completion of the transaction, the chief technology officer now owns 2,896 shares of the company's stock, valued at $136,140.96. This represents a 44.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Toni Thompson Nadal sold 1,444 shares of the stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $48.30, for a total transaction of $69,745.20. Following the transaction, the insider now directly owns 592 shares of the company's stock, valued at $28,593.60. This trade represents a 70.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 205,418 shares of company stock valued at $11,234,192 in the last 90 days. Company insiders own 2.80% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Lindbrook Capital LLC boosted its holdings in shares of Etsy by 55.7% during the 4th quarter. Lindbrook Capital LLC now owns 506 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 181 shares during the last quarter. True Wealth Design LLC boosted its holdings in shares of Etsy by 112.7% during the 4th quarter. True Wealth Design LLC now owns 551 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 292 shares during the last quarter. Hurley Capital LLC bought a new position in shares of Etsy during the 4th quarter valued at about $32,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Etsy during the 4th quarter valued at about $34,000. Finally, Summit Securities Group LLC bought a new position in shares of Etsy during the 4th quarter valued at about $37,000. Institutional investors own 99.53% of the company's stock.

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.