Etsy Stock Target Price and Analyst Consensus

ETSY Stock  USD 67.43  0.23  0.34%   
The current analyst and expert consensus on Etsy is Buy with 13 hold recommendations. The current projected Etsy target price consensus is 98.21 with 30 analyst opinions. One of the most common ways Etsy Inc analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Etsy vendors, executives, and/or customers. Etsy recommendation module provides expert sentiment on the projected Etsy Inc target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Etsy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
89.37
Highest Forecast
109.01
Target Price
98.21
At this time, Etsy's Gross Profit is fairly stable compared to the past year. Pretax Profit Margin is likely to rise to 0.11 in 2024, whereas Gross Profit Margin is likely to drop 0.54 in 2024. At this time, Etsy's Other Current Assets are fairly stable compared to the past year. Total Liabilities is likely to rise to about 3.4 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 129.3 M in 2024.
  
It's important to approach Etsy's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Etsy Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Etsy target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Etsy's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   30  Buy
Most Etsy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Etsy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Etsy Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Etsy Target Price Projection

Etsy's current and average target prices are 67.43 and 98.21, respectively. The current price of Etsy is the price at which Etsy Inc is currently trading. On the other hand, Etsy's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Etsy Market Quote on 29th of April 2024

Low Price67.11Odds
High Price68.29Odds

67.43

Target Price

Analyst Consensus On Etsy Target Price

Low Estimate89.37Odds
High Estimate109.01Odds

98.21

Historical Lowest Forecast  89.37 Target Price  98.21 Highest Forecast  109.01
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Etsy Inc and the information provided on this page.

Etsy Analyst Ratings

Etsy's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Etsy stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Etsy's financials, market performance, and future outlook by experienced professionals. Etsy's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Etsy price targets

Etsy's stock target price is an estimate of its future price, usually made by analysts. Using Etsy's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Etsy's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Etsy's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Etsy Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Etsy is a key component of Etsy valuation and have some predictive power on the future returns of a Etsy.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Etsy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
64.6767.4370.19
Details
Intrinsic
Valuation
LowRealHigh
55.7658.5274.17
Details
Naive
Forecast
LowNextHigh
64.9267.6870.44
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.330.490.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Etsy. Your research has to be compared to or analyzed against Etsy's peers to derive any actionable benefits. When done correctly, Etsy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Etsy Inc.

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When determining whether Etsy Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Etsy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etsy Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Etsy Inc Stock:
Check out Macroaxis Advice on Etsy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Etsy's price analysis, check to measure Etsy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etsy is operating at the current time. Most of Etsy's value examination focuses on studying past and present price action to predict the probability of Etsy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etsy's price. Additionally, you may evaluate how the addition of Etsy to your portfolios can decrease your overall portfolio volatility.
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The data published in Etsy's official financial statements usually reflect Etsy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Etsy Inc. For example, before you start analyzing numbers published by Etsy accountants, it's critical to develop an understanding of what Etsy's liquidity, profitability, and earnings quality are in the context of the Internet & Direct Marketing Retail space in which it operates.
Please note, the presentation of Etsy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Etsy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Etsy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Etsy Inc. Please utilize our Beneish M Score to check the likelihood of Etsy's management manipulating its earnings.