Piper Sandler Issues Positive Forecast for Etsy (NYSE:ETSY) Stock Price

Etsy (NYSE:ETSY) had its price objective upped by investment analysts at Piper Sandler from $70.00 to $80.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler’s price target points to a potential downside of 5.05% from the stock’s current price.

ETSY has been the topic of several other reports. Wedbush initiated coverage on shares of Etsy in a report on Thursday, July 16th. They set a “neutral” rating and a $80.00 price objective on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on Etsy from $74.00 to $75.00 and gave the company a “hold” rating in a report on Thursday, April 30th. Needham & Company LLC upped their price objective on Etsy from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday. Raymond James Financial lifted their price objective on shares of Etsy from $75.00 to $92.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Finally, Morgan Stanley set a $73.00 target price on shares of Etsy in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $80.00.

Etsy Price Performance

NYSE ETSY traded up $2.00 during trading on Friday, reaching $84.25. 2,495,167 shares of the company’s stock traded hands, compared to its average volume of 3,259,541. Etsy has a 12-month low of $44.00 and a 12-month high of $87.97. The firm has a market cap of $8.00 billion, a price-to-earnings ratio of 47.07, a price-to-earnings-growth ratio of 3.36 and a beta of 1.84. The company’s 50 day simple moving average is $77.10 and its two-hundred day simple moving average is $63.55.

Insider Activity at Etsy

In other Etsy news, Director Frederick R. Wilson sold 20,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $83.22, for a total transaction of $1,664,400.00. Following the completion of the transaction, the director directly owned 421,329 shares in the company, valued at approximately $35,062,999.38. This represents a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Josh Silverman sold 6,294 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $84.00, for a total transaction of $528,696.00. Following the transaction, the insider directly owned 249,559 shares in the company, valued at approximately $20,962,956. The trade was a 2.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 596,310 shares of company stock worth $44,425,234 in the last quarter. 2.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Etsy

A number of hedge funds have recently made changes to their positions in ETSY. Integrated Wealth Concepts LLC boosted its stake in shares of Etsy by 19.1% in the first quarter. Integrated Wealth Concepts LLC now owns 5,986 shares of the company’s stock worth $282,000 after acquiring an additional 961 shares during the last quarter. Empowered Funds LLC boosted its stake in Etsy by 55.5% during the 1st quarter. Empowered Funds LLC now owns 9,673 shares of the company’s stock worth $456,000 after purchasing an additional 3,451 shares during the last quarter. Woodline Partners LP acquired a new stake in shares of Etsy in the first quarter valued at about $2,181,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Etsy by 33.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,594 shares of the company’s stock worth $180,000 after buying an additional 906 shares in the last quarter. Finally, M&T Bank Corp acquired a new position in Etsy during the second quarter worth about $232,000. Institutional investors and hedge funds own 99.53% of the company’s stock.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Q2 results beat expectations: Etsy reported approximately $668.3 million in revenue, above the $646.1 million consensus estimate, while adjusted earnings reached $1.34 per share versus expectations of $1.17. GMS, Etsy Ads and operating leverage supported the results. Etsy Q2 earnings beat
• Positive Sentiment: Growth outlook improved: Standalone Etsy GMS growth accelerated to 7.5% year over year, helped by higher average order values, increased active buyers and better search and personalization. Management raised its 2026 growth outlook. Etsy Q2 earnings call and outlook
• Positive Sentiment: Analyst sentiment improved: JPMorgan upgraded Etsy from Neutral to Overweight and raised its price target to $100 from $85. Needham also raised its target to $100 and assigned a Buy rating, reinforcing the potential for a turnaround. JPMorgan Etsy upgrade
• Positive Sentiment: Large buyback authorized: Etsy approved an additional $2 billion share-repurchase program. The authorization could support earnings per share and signal confidence in future cash generation. Etsy buyback announcement
• Neutral Sentiment: Restructuring creates both opportunity and risk: Etsy will eliminate about 220 positions, or 12% of its workforce, to simplify operations and accelerate product execution. The plan may improve efficiency, but it also highlights continuing execution challenges. Etsy restructuring plan
• Negative Sentiment: Insider sales may weigh on sentiment: Executive Chair Josh Silverman and CFO Charles Baker sold shares worth roughly $529,000 and $134,000, respectively. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, limiting their significance, but the sales add an overhang after Etsy’s strong rally. Etsy insider sales

About Etsy

Etsy, Inc operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels.