Etsy, Inc. (ETSY)
NASDAQ: ETSY · Real-Time Price · USD
53.19
-2.38 (-4.28%)
At close: Sep 6, 2024, 4:00 PM
53.00
-0.19 (-0.36%)
After-hours: Sep 6, 2024, 7:54 PM EDT
Etsy, Inc. Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Etsy, Inc. stock have an average target of 68.3, with a low estimate of 45 and a high estimate of 105. The average target predicts an increase of 28.41% from the current stock price of 53.19.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Etsy, Inc. stock from 23 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 7 | 7 | 7 | 5 | 5 |
| Buy | 7 | 6 | 6 | 4 | 3 | 2 |
| Hold | 9 | 10 | 10 | 11 | 11 | 12 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 24 | 26 | 26 | 25 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Initiates $50 | Hold | Initiates | $50 | -6.00% | Sep 5, 2024 |
| Piper Sandler | Piper Sandler | Hold Initiates $56 | Hold | Initiates | $56 | +5.28% | Aug 23, 2024 |
| Loop Capital | Loop Capital | Strong Sell Maintains $50 → $45 | Strong Sell | Maintains | $50 → $45 | -15.40% | Aug 12, 2024 |
| Stifel | Stifel | Hold Maintains $65 → $64 | Hold | Maintains | $65 → $64 | +20.32% | Aug 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $77 → $76 | Strong Buy | Maintains | $77 → $76 | +42.88% | Aug 1, 2024 |
Financial Forecast
Revenue This Year
2.87B
from 2.75B
Increased by 4.43%
Revenue Next Year
3.00B
from 2.87B
Increased by 4.56%
EPS This Year
2.47
from 2.24
Increased by 10.34%
EPS Next Year
2.81
from 2.47
Increased by 13.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.0B | 3.2B | 3.5B | ||
| Avg | 2.9B | 3.0B | 3.2B | ||
| Low | 2.7B | 2.8B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2% | 12.7% | 17.8% | ||
| Avg | 4.4% | 4.6% | 6.3% | ||
| Low | -1.0% | -2.3% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.96 | 4.28 | 4.82 | |
| Avg | 2.47 | 2.81 | 3.39 | |
| Low | 2.06 | 2.30 | 2.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 76.7% | 73.3% | 71.6% | |
| Avg | 10.3% | 13.6% | 20.6% | |
| Low | -8.1% | -6.8% | -7.5% |
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.