Form 8-K ETSY INC For: Feb 19

Go back to Form 8-K ETSY INC For: Feb 19

Etsy (ETSY) PT Lowered to $60 at Raymond James

February 20, 2025 5:27 AM EST

Raymond James analyst Josh Beck lowered the price target on Etsy (NASDAQ: ETSY) to $60.00 (from $65.00) while maintaining a Outperform rating.

The analyst comments "The bar is lower following the stock decline accompanying ETSYs 4Q GMS and revenue miss and weaker-than-expected 1Q guidance.... More

Goldman Sachs Reiterates Sell Rating on Etsy (ETSY)

February 20, 2025 5:23 AM EST

Goldman Sachs analyst Eric Sheridan reiterated a Sell rating and $45.00 price target on Etsy (NASDAQ: ETSY)

The analyst comments "In its Q424 earnings report, ETSY highlighted the following key themes: 1) Demand remains challenged as consolidated GMS declined nearly -7% YoY in Q424 (almost -9% YoY for the Etsy Marketplace) and mgmt. guided for... More

Etsy (ETSY) PT Lowered to $51 at Stifel

February 19, 2025 4:52 PM EST

Stifel analyst Mark Kelly lowered the price target on Etsy (NASDAQ: ETSY) to $51.00 (from $56.00) while maintaining a Hold rating.

The analyst comments "4Q24 GMS/Revenue fell short of expectations, but EBITDA margins were ahead of the Street/ guidance. The 1Q25... More

Etsy (ETSY) PT Lowered to $60 at Evercore ISI

February 19, 2025 3:51 PM EST

Evercore ISI analyst Mark Mahaney lowered the price target on Etsy (NASDAQ: ETSY) to $60.00 (from $65.00) while maintaining a Outperform rating.

The analyst comments "Our View: We reiterate our Outperform rating but lower our price target to $60 (from $65 prior) on ETSY... More

Etsy (ETSY) PT Lowered to $60 at BTIG

February 19, 2025 3:22 PM EST

BTIG analyst Marvin Fong lowered the price target on Etsy (NASDAQ: ETSY) to $60.00 (from $65.00) while maintaining a Buy rating.

The analyst comments "ETSY reported another tough quarter with 4Q24 GMS declining (8.6%) on the core marketplace and (6.8%) overall. Guidance had been for a LSD-MSD decline. 1Q25 guidance was also lackluster with GMS growth expected to be similar to 4Q24. If there was a saving grace, given available third-party data we believe a weak quarter was expected by many investors. Underlying KPIs also showed some... More

Etsy (ETSY) PT Lowered to $62 at Truist Securities

February 19, 2025 2:25 PM EST

Truist Securities analyst Youssef Squali lowered the price target on Etsy (NASDAQ: ETSY) to $62.00 (from $67.00) while maintaining a Buy rating.

The analyst comments "4Q24 results and 1Q25 outlook were shy of expectations on GMS and revenue, reflecting softer demand for discretionary products and... More

Etsy (ETSY) PT Lowered to $76 at Canaccord Genuity

February 19, 2025 1:30 PM EST

Canaccord Genuity analyst Maria Ripps lowered the price target on Etsy (NASDAQ: ETSY) to $76.00 (from $105.00) while maintaining a Buy rating.

The analyst comments "Etsy reported mixed Q4 results, with active buyers, GMS, and revenue coming in below expectations but take rate and profitability ahead of consensus estimates. Etsy marketplace activity was soft in October and November, and the company also indicated that its decision to prioritize... More

Raymond James Reiterates Outperform Rating on Etsy (ETSY)

February 19, 2025 8:06 AM EST

Raymond James analyst Josh Beck reiterated an Outperform rating and $65.00 price target on Etsy (NASDAQ: ETSY).

The analyst comments "ETSYs 4Q24 missed expectations with GMS -6.8% (RJe -4.1%/Street -3.6%) and revenue +1.2% (RJe +1.8%/Street +2.4%); EBITDA% margins beat at +140 bp to 29.4% (RJe 28.8%; Street 28.5%), led by GM% +390 bp (RJe... More