Etsy Inc (NASDAQ: ETSY) Bullish Outlook Still Prevails With Short Term Targets At $43

Etsy Inc (NASDAQ:ETSY) does about 4.63M shares in volume on a normal day but saw 8619273 shares change hands in the recent trading day. The company now has a market cap of 5.26B USD. Its current market price is $50.48, marking an increase of 6.05% compared to the previous close of $47.60. The 52 week high reached by this stock is $66.93 whilst the lowest price level in 52 weeks is $40.05. The script in recent trading has seen the stock touch a high of $46 and a low of $40.

20 analysts observing the Etsy Inc (ETSY) stock have set the 12-month price targets for the company’s shares at between $40 and $46. The consensus objective for the share price is $48.52, suggesting that the stock has a potential downside of -4.04% over the period. The median price target is -17.4% away from the current levels at $43.

FactSet Research has provided data showing that 20 brokerages have issued ratings for the stock. 2 analysts have rated it as a sell, while 0 advise that it is a overweight. 11 analysts have rated it as a buy and 7 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 19, 2025 when JP Morgan initiated the stock to “Neutral” and issued a price target of $50. Jefferies upgraded the stock to “Hold” from Underperform on January 13, 2025 at a price target of $45-$55. Needham resumed its price target at $60.

The current price level is 8.63%, 10.17%, and -1.79% away from its SMA20, SMA50, and SMA200 respectively, with the ETSY price moving above the 50-day SMA on current market day. Etsy Inc (ETSY) stock is up 7.34% over the week and 10.07% over the past month. Its price is -4.56% year-to-date and -21.17% over the past year.

Its 12-month price target is $43. To reach the target analysts have set, the stock logically needs to shrink -4.04 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $40, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $46.

Outstanding shares total 105.13M with insiders holding 1.13% of the shares and institutional holders owning 118.65% of the company’s common stock. The company has a return on investment of 12.79%. The price to earnings ratio (P/E ratio) amounts to 35.86 while the forward price to earnings ratio is 18.09. The beta has a value of 1.76. Price to sales ratio is 1.87.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.