Etsy (ETSY) Projected to Post Earnings on Wednesday

Etsy (NASDAQ:ETSY - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $645.16 million for the quarter.

Etsy (NASDAQ:ETSY - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $651.18 million during the quarter, compared to the consensus estimate of $642.22 million. Etsy had a net margin of 6.69% and a negative return on equity of 39.60%. Etsy's revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 earnings per share. On average, analysts expect Etsy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Etsy Stock Down 2.4%

Shares of ETSY traded down $1.52 during trading hours on Friday, hitting $62.46. The company had a trading volume of 3,819,448 shares, compared to its average volume of 4,634,180. The firm has a market cap of $6.51 billion, a price-to-earnings ratio of 44.61, a PEG ratio of 3.49 and a beta of 1.74. The business has a fifty day moving average of $55.59 and a 200-day moving average of $51.21. Etsy has a 12 month low of $40.05 and a 12 month high of $66.31.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ETSY shares. Arete lowered shares of Etsy from a "neutral" rating to a "sell" rating and set a $43.00 price objective on the stock. in a research report on Wednesday, June 11th. Citigroup decreased their target price on shares of Etsy from $53.00 to $48.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. JPMorgan Chase & Co. raised their target price on shares of Etsy from $50.00 to $53.00 and gave the company a "neutral" rating in a report on Tuesday. Bank of America reduced their price target on shares of Etsy from $55.00 to $50.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Finally, Raymond James Financial raised their price target on shares of Etsy from $50.00 to $70.00 and gave the company an "outperform" rating in a research note on Tuesday. Five investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $51.71.

Insiders Place Their Bets

In other Etsy news, CEO Josh Silverman sold 151,666 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $57.68, for a total transaction of $8,748,094.88. Following the completion of the transaction, the chief executive officer owned 107,809 shares in the company, valued at approximately $6,218,423.12. This trade represents a 58.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Richard Edward Colburn III sold 2,350 shares of the firm's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $47.01, for a total transaction of $110,473.50. Following the transaction, the chief technology officer owned 2,896 shares of the company's stock, valued at approximately $136,140.96. The trade was a 44.80% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 342,298 shares of company stock worth $20,256,039. 2.80% of the stock is currently owned by insiders.

Institutional Trading of Etsy

Hedge funds have recently modified their holdings of the stock. Woodline Partners LP bought a new stake in shares of Etsy in the 1st quarter valued at $2,181,000. Empowered Funds LLC increased its stake in shares of Etsy by 55.5% in the 1st quarter. Empowered Funds LLC now owns 9,673 shares of the specialty retailer's stock valued at $456,000 after acquiring an additional 3,451 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of Etsy by 19.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,986 shares of the specialty retailer's stock valued at $282,000 after acquiring an additional 961 shares in the last quarter. 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.