NASDAQ:ETSY

59.86
0.31 (0.52%) 1d
0

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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Etsy Inc. is facing mixed reviews from experts, with some having faith in the CEO to lift the company through mergers and acquisitions, while others believe that the stock is under pressure and the recent quarter performance was not impressive. The company reported a record buyer count but is not growing fast enough to be a growth stock. Despite facing short-term headwinds, some experts recommend holding the stock, while others see it as a one-of-a-kind stock with great value. Overall, there is uncertainty about the company's future performance, with predictions of steady growth but also concerns about leverage and weak guidance.

Consensus
Mixed
Valuation
Fair Value
HOLD
Etsy Inc.

Don't sell it down here. He has faith that the CEO will lift this company. Mergers and acquisitions may have an effect.

Technology
HOLD
Etsy Inc.

With shares down 50%, this amounts to great value. It's a one of a kind stock. He would hold on.

Technology
BUY ON WEAKNESS
Etsy Inc.

They reported a record buyer count. They're not growing fast enough to be a growth stock, but not cheap enough to be a value stock, a common problem. All told, they will be one of the top e-commerce platforms survivors that can grow steadily in the future. Trades at a reasonable 27x PE and will grow earnings 15% next year (predicted). We face market weakness ahead, so buy this on the way down.

Technology
HOLD
Etsy Inc.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

ETSY was under pressure recently after the earning release and is now trading at 17x times' Forward P/E. In the 2Q, ETSY’s revenue grew 7.5% to $629M, beating estimates of $617M and EPS was $1.47 beating estimates of $0.90. The balance sheet has a net debt of $1.3B and net debt/EBITDA is around 3.0x, the balance sheet is quite leveraged here. In addition, there was an asset impairment charge of around $68M in the quarter, and operating expenses grew faster than revenue at around 28%, weak guidance, and management expected growth in the next quarter in the mid-single-digit range. However, based on consensus estimates, sales are expected to grow by 10% - 12% over the next few years, so still a healthy runway for growth. Overall, the quarter is not impressive. Although the drop in share price makes sense due to the short-term headwinds, we would be comfortable holding the name given ETSY is repurchasing shares aggressively.
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Technology
BUY
Etsy Inc.
Wall Street has left certain "pandemic" stocks for dead. Why is this considered a pandemic play? Its market cap is way too small. They built a huge platform. Shares should be higher. Etsy has capitalized on a good long-term trend in selling homemade crafts.
Technology
BUY
Etsy Inc.
A Covid winner and now a post-Covid buy They recently delivered acceleration across many metrics--here and abroad, raising its transaction fee by 30%. It remains the #1 marketplace for handicrafts online.
Technology
WATCH
Etsy Inc.
Shares have been cut in half because of the tech sell-off and investors feel Etsy is linked to the pandemic, that the people who create/sell on Etsy will return to regular jobs after Omicron. He doubts this impact.
Technology
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Etsy Inc.
(A Top Pick Jun 08/21, Up 8.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ETSY has triggered its stop at $185. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 20%, when combined with our previous recommendation to cover half the position.
Technology
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Etsy Inc.
(A Top Pick Aug 31/21, Up 17.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ETSY is progressing well. We now recommend trailing up the stop (from $170) to $185.
Technology
BUY
Etsy Inc.
The top 5 junior, next-generation growth/tech stocks: #2 Etsy: Where the young can buy presents, environmentally friendly. But this stock is a bumpy ride.
Technology
BUY
Etsy Inc.
Stocks roared yesterday after a strong quarter. It's unfairly considered a Covid stock, but its customers are sticking with it. Also, he likes it for being a retail stock without supply chain problems.
Technology
WEAK BUY
Etsy Inc.
They report Wednesday. He expects the CEO to say positive things.
Technology
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Etsy Inc.
(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
Etsy Inc.
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.
Technology
premium

It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
Etsy Inc.
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
Showing 1 to 15 of 27 entries

Etsy Inc.(ETSY-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

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, 4 stock analysts published opinions about ETSY-Q. 1 analyst recommended to BUY the stock. 0 analysts 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?

4 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 2024-06-24, Etsy Inc. (ETSY-Q) stock closed at a price of $59.86.