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Etsy (ETSY) Stock Forecast & Price Target

$62.76
-0.90 (-1.41%)
(As of 07/19/2024 08:55 PM ET)

Etsy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 25 Wall Street analysts who have issued ratings for Etsy in the last 12 months, the stock has a consensus rating of "Hold." Out of the 25 analysts, 4 have given a sell rating, 10 have given a hold rating, and 11 have given a buy rating for ETSY.

Consensus Price Target

$79.88
27.28% Upside
High Forecast$157.00
Average Forecast$79.88
Low Forecast$50.00

According to the 25 analysts' twelve-month price targets for Etsy, the average price target is $79.88. The highest price target for ETSY is $157.00, while the lowest price target for ETSY is $50.00. The average price target represents a forecasted upside of 27.28% from the current price of $62.76.

TypeCurrent Forecast
7/23/23 to 7/22/24
1 Month Ago
6/23/23 to 6/22/24
3 Months Ago
4/24/23 to 4/23/24
1 Year Ago
7/23/22 to 7/23/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
12 Buy rating(s)
11 Buy rating(s)
13 Buy rating(s)
Hold
10 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
7 Hold rating(s)
Sell
4 Sell rating(s)
4 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$79.88$79.96$84.88$122.77
Forecasted Upside27.28% Upside17.85% Upside14.59% Upside12.96% Upside
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ETSY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ETSY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Etsy Stock vs. The Competition

TypeEtsyRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.28
2.46
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside27.28% Upside55.89% Upside10.08% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/16/2024Wolfe Research
3 of 5 stars
S. Khajuria
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Initiated CoveragePeer Perform
6/25/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetUnderweight ➝ Underweight$58.00 ➝ $56.00-6.59%
5/2/2024Citigroup
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$72.00 ➝ $62.00+5.03%
5/2/2024Canaccord Genuity Group
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 Lower TargetBuy ➝ Buy$125.00 ➝ $105.00+77.60%
5/2/2024Guggenheim
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 Lower TargetBuy ➝ Buy$95.00 ➝ $80.00+36.40%
5/2/2024JMP Securities
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 DowngradeOutperform ➝ Market Perform
5/2/2024Morgan Stanley
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 Lower TargetUnderweight ➝ Underweight$55.00 ➝ $52.00-12.16%
5/2/2024B. Riley
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 Lower TargetBuy ➝ Buy$91.00 ➝ $83.00+40.20%
5/2/2024BTIG Research
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 Lower TargetBuy ➝ Buy$87.00 ➝ $78.00+31.76%
5/2/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$80.00 ➝ $70.00+17.21%
5/2/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$67.00 ➝ $60.00+2.55%
5/2/2024Wedbush
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 Lower TargetNeutral ➝ Neutral$70.00 ➝ $65.00+11.63%
5/2/2024Truist Financial
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 Lower TargetBuy ➝ Buy$85.00 ➝ $75.00+28.80%
5/2/2024Needham & Company LLC
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 Lower TargetBuy ➝ Buy$95.00 ➝ $75.00+7.54%
5/2/2024Loop Capital
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 DowngradeHold ➝ Sell$70.00 ➝ $50.00-28.31%
4/29/2024Oppenheimer
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 Lower TargetOutperform ➝ Outperform$95.00 ➝ $80.00+18.64%
4/10/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$80.00 ➝ $65.00-3.01%
2/22/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$90.00 ➝ $103.00+46.64%
2/22/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$95.00 ➝ $90.00+28.13%
2/22/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$75.00 ➝ $72.00+0.97%
12/14/2023Raymond James
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 Boost TargetOutperform ➝ Outperform$70.00 ➝ $90.00+7.18%
10/17/2023Stifel Nicolaus
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 Initiated CoverageHold$64.00-3.72%
10/10/2023Jefferies Financial Group
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 Lower TargetUnderperform ➝ Underperform$70.00 ➝ $50.00-22.53%
8/3/2023DA Davidson
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 Lower TargetBuy ➝ Buy$166.00 ➝ $157.00+84.58%
8/3/2023Sanford C. Bernstein
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 DowngradeOutperform ➝ Market Perform$120.00 ➝ $105.00+9.30%
7/28/2023Bank of America
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 Lower Target$123.00 ➝ $110.00+11.73%
11/15/2022Moffett Nathanson
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Michael Morton
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Initiated CoverageMarket Perform$116.00-3.12%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:35 AM ET.

ETSY Forecast - Frequently Asked Questions

What is Etsy's forecast for 2024?

According to the research reports of 25 Wall Street equities research analysts, the average twelve-month stock price forecast for Etsy is $79.88, with a high forecast of $157.00 and a low forecast of $50.00.

Should I buy or sell Etsy stock right now?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Etsy in the last twelve months. There are currently 4 sell ratings, 10 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ETSY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ETSY, but not buy additional shares or sell existing shares.

Does Etsy's stock price have much upside?

According to analysts, Etsy's stock has a predicted upside of 18.19% based on their 12-month stock forecasts.

Has Etsy been downgraded by Wall Street analysts recently?

Over the previous 90 days, Etsy's stock had 2 downgrades by analysts.

Do Wall Street analysts like Etsy more than its competitors?

Analysts like Etsy less than other "retail/wholesale" companies. The consensus rating score for Etsy is 2.28 while the average consensus rating score for "retail/wholesale" companies is 2.46. Learn more on how ETSY compares to other companies.


This page (NASDAQ:ETSY) was last updated on 7/22/2024 by MarketBeat.com Staff

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