Truist Financial Issues Positive Forecast for Etsy (NASDAQ:ETSY) Stock Price

Etsy (NASDAQ:ETSY) had its price target raised by Truist Financial from $80.00 to $83.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the specialty retailer’s stock. Truist Financial’s price target would suggest a potential upside of 62.54% from the company’s previous close.

ETSY has been the topic of a number of other reports. Evercore lowered Etsy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Canaccord Genuity Group set a $72.00 target price on shares of Etsy in a research note on Friday. Wedbush dropped their target price on shares of Etsy from $72.00 to $66.00 and set a “neutral” rating for the company in a report on Friday, December 19th. Moffett Nathanson reissued a “neutral” rating on shares of Etsy in a research note on Wednesday, October 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $78.00 price objective (down previously from $80.00) on shares of Etsy in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $61.00.

Etsy Price Performance

Etsy stock traded up $2.92 during midday trading on Friday, reaching $51.06. The company had a trading volume of 1,472,114 shares, compared to its average volume of 3,945,061. Etsy has a 12-month low of $40.05 and a 12-month high of $76.51. The company has a market capitalization of $5.04 billion, a P/E ratio of 41.56, a P/E/G ratio of 10.65 and a beta of 1.77. The firm’s fifty day simple moving average is $55.66 and its 200-day simple moving average is $59.49.

Etsy announced that its board has authorized a stock buyback plan on Thursday, December 18th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the specialty retailer to buy up to 14.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other Etsy news, insider Josh Silverman sold 21,666 shares of Etsy stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $53.26, for a total value of $1,153,931.16. Following the completion of the transaction, the insider directly owned 90,661 shares of the company’s stock, valued at $4,828,604.86. The trade was a 19.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Merilee Buckley sold 5,636 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $58.45, for a total transaction of $329,424.20. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 135,934 shares of company stock worth $7,661,068. 2.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Etsy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Public Sector Pension Investment Board lifted its holdings in Etsy by 21.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 430,824 shares of the specialty retailer’s stock worth $28,602,000 after buying an additional 75,295 shares during the last quarter. Allianz Asset Management GmbH raised its position in shares of Etsy by 1,648.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 706,679 shares of the specialty retailer’s stock worth $46,916,000 after acquiring an additional 666,253 shares in the last quarter. Monaco Asset Management SAM purchased a new stake in Etsy during the second quarter worth approximately $1,254,000. Y Intercept Hong Kong Ltd acquired a new position in Etsy in the second quarter valued at approximately $8,671,000. Finally, Great Lakes Advisors LLC purchased a new position in Etsy in the third quarter valued at approximately $1,889,000. Hedge funds and other institutional investors own 99.53% of the company’s stock.

Etsy News Summary

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Etsy agreed to sell Depop to eBay for $1.2 billion in cash — the deal provides >$1B in liquidity, reduces exposure to a cash‑consuming non‑core business, and was the primary reason shares jumped. Forbes: Ebay Goes Long On Fashion Resale
• Positive Sentiment: Q4 results beat EPS estimates (reported $0.92 vs. ~$0.87 consensus) and the marketplace returned to slight year‑over‑year GMS growth — signs management can stabilize core metrics. PR Newswire: Etsy Q4 and FY2025 Results
• Positive Sentiment: Management’s refocus (capital and execution) on AI and mobile engagement to restart buyer growth is being highlighted as the strategic plan post‑Depop, which could drive longer‑term GMV and monetization gains. PYMNTS: Etsy Sells Depop, Pushes AI and Mobile
• Neutral Sentiment: Needham cut its price target from $76 to $65 but kept a Buy rating — the revised target signals tempered upside expectations while still suggesting material upside vs. current levels. Benzinga: Needham Lowers Target
• Neutral Sentiment: UBS maintained a Hold rating and lowered its target to $53, reflecting a valuation reset tied to modest near‑term GMS growth despite the cash infusion. TipRanks/UBS: Hold Rating
• Negative Sentiment: Coverage noted Etsy sold Depop at a markdown versus what it previously paid, meaning the divestiture is being recognized as a loss on the investment even if it improves near‑term cash and profitability. The Information: Depop Sale at a Loss
• Negative Sentiment: Despite the EPS beat, revenue roughly matched/trimmed expectations and the company reported lower profits in Q4; some analysts caution demand pressures persist — a reason for caution on sustained momentum. WSJ: Lower Profit Despite Higher Revenue
• Negative Sentiment: Insider activity: a director sold 300 shares recently — a small disclosure but sometimes read negatively by investors. SEC Form 4

Etsy Company Profile

Etsy, Inc (NASDAQ: ETSY) operates a global e-commerce marketplace focused on handmade, vintage and unique goods. The platform connects individual artisans, small businesses and collectors with buyers seeking one-of-a-kind items, ranging from handcrafted jewelry and clothing to home décor and art supplies. Etsy’s revenue is primarily generated through listing fees, transaction fees on sales and optional seller services such as advertising and shipping labels.

Founded in 2005 and headquartered in Brooklyn, New York, Etsy has cultivated a community-driven ethos, encouraging sustainable practices and personal entrepreneurship.