Etsy shares fall despite Q3 earnings beat as active buyers and sellers decline

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Go back to Etsy shares fall despite Q3 earnings beat as active buyers and sellers decline

Etsy (ETSY) PT Raised to $80 at Canaccord Genuity

October 29, 2025 1:03 PM EDT

Canaccord Genuity analyst Maria Ripps raised the price target on Etsy (NASDAQ: ETSY) to $80.00 (from $76.00) while maintaining a Buy rating.

The analyst comments "Etsy reported solid Q3 results relative to expectations, with consolidated GMS ahead of consensus and up ~1% y/y ex. the impact of the Reverb sale, and profitability was also mostly above expectations. Etsy marketplace GMS was down ~2% y/y (vs. down 5% in Q2),... More