Buy, Sell or Hold: Etsy Inc. (ETSY-Q) — Stock Predictions at Stockchase

NASDAQ:ETSY

233.12

6.71 (2.96%) 1d

Showing 1 to 15 of 15 entries

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PAST TOP PICK

(A Top Pick May 04/21, Up 32.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ETSY is progressing well. It has acheived its objective at $226. To remain disciplined, we recommend covering half the position and trailing up the stop (from $140) to $170. If triggered, this would all but guarantee a combined net investment return over 16%.

Technology

BUY on WEAKNESS

It rallied during the lockdown, but yesterday it reported gross merchandise sales growth slowed from 132% in Q1 to 13% in Q2 while revenue growth fell from 142% to 23%. We knew this decline was coming. However, management gave slightly weaker guidance for the next quarter and that's why the stock fell today though rebounded from its lows. They're still bringing in millions of new customers while habitual buyers was up YOY. Also, they made two exciting acqusitions--the Etsy of Brazil and a popular resale platform that GenXers love.

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TOP PICK

This tech name gets lost among the big egos of Tesla, Apple and Microsoft, but it performs just as well. This e-commerce platform in really an online marketplace selling vintage goods, homemade products and craft items from private sellers. We're talking jewelry, toys, clothing and furniture. As expected, business boomed during the lockdowns, so it runs the risk of being pigeonholed as a Covid play. In fact, year to date, Etsy shares have climbed only 14.4%, but its price swings have been wide, making this attractive to short-term traders. At the end of June, Etsy had returned to $200, but it soared at high as $245 in early March, then plunged below $160 in early May. The volatility is due more to the fickleness of Wall Street than the stock's earnings performance. After all, it's handily beaten the street in its last four quarters. Currently, 11 analysts would buy it and only one would hold. The price target is $220.50 or 11% upside. July should be as choppy as June as the market see-saws between tech and cyclicals, so be nimble and buy on one of those dips.

Technology

BUY

Like SHOP, they're supporting small business. They have over 90 active sellers from small businesses and just individuals to sell hand-crafted merchandise, not mass-produced junk. Customers are especially women making custom items like aprons. Etsy has made a fortune for them and for shareholders.

Technology

BUY

It's lost 40% in the rotation out of tech and into cyclicals, but recently the tide has turned with tech. Etsy popped 7% today alone. Today, it's buying its Brazilian peer.

Technology

BUY on WEAKNESS

It's had a major run. Wait for a dip. Great company and CEO.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly This e-commerce company has been around a while. The pandemic allowed its platform to grow substantially. Earnings growth is expected to exceed 45% for the next five years, which makes the current 44x earnings, pretty decent value. We would buy this with a stop loss at $140, looking to achieve $226 -- upside over 32%. Yield 0% (Analysts’ price target is $226.13)

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DON'T BUY

Even after the current and recent sell-off in growth/tech stock, this still trades at 9x sales which is still too high for a retail stock. Also, they last reported discouraging guidance.

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BUY

They'll do well selling seeds as we enter gardening season. A wider tailwind is the continuing home improvement boom. Etsy now sells home improvement and gardening products.

Technology

BUY on WEAKNESS

Wait till they report (in February); they always report conservatively. This, Square, Paypal and Shopify have run so much. You can buy some then wait for a pullback--this applies to all these stocks.

Technology

BUY

Along with PayPal, this is the future of retailing with a huge young (children and young adults) user base and further accelerated by the stay-at-home trend.

Technology

BUY

Very interesting name in the current environment of doing things from home and consumers not going out to stores. Probably will be here to stay. 100s of billions of retail revenue potential. Growth stock. Interesting even with its runup.

Technology

BUY

Part of his Fear Factor portfolio of stocks that will thrive with or without government stimulus during Covid Instead of buying something handmade at the mall, you can it online through Etsy. Safe. Sells all kinds of stuff online, supporting individuals and small businesses. The stock won't quit.

Technology

PAST TOP PICK

(A Top Pick May 14/18, Up 13%) It is a baby AMZN-Q. Connecting unique sellers with buyers. This is an interesting play, trading at half the multiple of AMZN-Q. It actually makes money.

Technology

TOP PICK

It is a fun site. It connects independents to customers. It is a baby AMZN-Q, who can't do what ETSY-Q can do. It is half the multiple of AMZN-Q. (Analysts' target: $31.00).

Technology

Showing 1 to 15 of 15 entries

Etsy Inc.(ETSY-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 11

Stockchase rating for Etsy Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Etsy Inc.(ETSY-Q) Frequently Asked Questions

What is Etsy Inc. stock symbol?

Etsy Inc. is a American stock, trading under the symbol ETSY-Q on the NASDAQ (ETSY). It is usually referred to as NASDAQ:ETSY or ETSY-Q

Is Etsy Inc. a buy or a sell?

In the last year, 11 stock analysts published opinions about ETSY-Q. 10 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Etsy Inc..

Is Etsy Inc. a good investment or a top pick?

Etsy Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Etsy Inc..

Why is Etsy Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Etsy Inc. worth watching?

11 stock analysts on Stockchase covered Etsy Inc. In the last year. It is a trending stock that is worth watching.

What is Etsy Inc. stock price?

On 2021-10-20, Etsy Inc. (ETSY-Q) stock closed at a price of $233.12.

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