Etsy, Inc. (ETSY)
NASDAQ: ETSY · IEX Real-Time Price · USD
62.76
-0.90 (-1.41%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Etsy, Inc. Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for Etsy, Inc. stock have an average target of 76.5, with a low estimate of 50 and a high estimate of 157. The average target predicts an increase of 21.89% from the current stock price of 62.76.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Etsy, Inc. stock from 25 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 5 | 7 | 7 | 7 |
| Buy | 7 | 7 | 7 | 6 | 6 | 4 |
| Hold | 10 | 9 | 9 | 10 | 10 | 11 |
| Sell | 2 | 2 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 24 | 24 | 26 | 26 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 16, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $58 → $56 | Sell | Maintains | $58 → $56 | -10.77% | Jun 25, 2024 |
| Citigroup | Citigroup | Hold Maintains $72 → $62 | Hold | Maintains | $72 → $62 | -1.21% | May 2, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $125 → $105 | Strong Buy | Maintains | $125 → $105 | +67.30% | May 2, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $95 → $80 | Strong Buy | Maintains | $95 → $80 | +27.47% | May 2, 2024 |
Financial Forecast
Revenue This Year
2.85B
from 2.75B
Increased by 3.59%
Revenue Next Year
3.01B
from 2.85B
Increased by 5.69%
EPS This Year
2.52
from 2.24
Increased by 12.48%
EPS Next Year
2.87
from 2.52
Increased by 13.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.0B | 3.2B | 3.5B | 4.4B | 5.1B |
| Avg | 2.8B | 3.0B | 3.2B | 3.6B | 4.0B |
| Low | 2.7B | 2.8B | 2.9B | 3.0B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.0% | 13.9% | 16.3% | 34.7% | 42.4% |
| Avg | 3.6% | 5.7% | 7.4% | 9.9% | 14.0% |
| Low | -2.0% | -2.3% | -3.6% | -8.6% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.94 | 3.71 | 4.82 | 6.17 |
| Avg | 2.52 | 2.87 | 3.47 | 6.00 |
| Low | 2.06 | 2.41 | 2.60 | 5.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 31.2% | 47.1% | 68.2% | 78.2% |
| Avg | 12.5% | 13.7% | 20.9% | 73.1% |
| Low | -8.1% | -4.3% | -9.4% | 66.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.