Truist Financial Boosts Etsy (NASDAQ:ETSY) Price Target to $83.00

Etsy (NASDAQ:ETSY) had its target price hoisted by stock analysts at Truist Financial from $80.00 to $83.00 in a note issued to investors on Friday, MarketBeat reports. The brokerage currently has a “buy” rating on the specialty retailer’s stock. Truist Financial’s target price suggests a potential upside of 58.99% from the company’s previous close.

A number of other equities research analysts have also issued reports on the stock. Needham & Company LLC cut their target price on shares of Etsy from $76.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday. UBS Group cut their price objective on Etsy from $74.00 to $53.00 and set a “neutral” rating on the stock in a research note on Friday. Jefferies Financial Group decreased their target price on Etsy from $62.00 to $55.00 and set a “hold” rating for the company in a research report on Thursday, February 12th. Stifel Nicolaus lowered their price target on Etsy from $62.00 to $55.00 and set a “hold” rating for the company in a report on Friday. Finally, Cantor Fitzgerald reduced their price objective on Etsy from $55.00 to $51.00 and set a “neutral” rating on the stock in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $61.12.

Etsy Trading Up 8.4%

Shares of NASDAQ:ETSY opened at $52.20 on Friday. Etsy has a 12-month low of $40.05 and a 12-month high of $76.51. The firm has a market cap of $5.15 billion, a PE ratio of 42.10, a price-to-earnings-growth ratio of 10.65 and a beta of 1.77. The company has a fifty day simple moving average of $55.62 and a 200 day simple moving average of $59.48.

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

Insiders Place Their Bets

In other news, insider Josh Silverman sold 86,666 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $57.46, for a total transaction of $4,979,828.36. Following the completion of the transaction, the insider owned 90,661 shares in the company, valued at approximately $5,209,381.06. This represents a 48.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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. Over the last 90 days, insiders have sold 135,934 shares of company stock valued at $7,661,068. 2.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ETSY. Heritage Wealth Advisors raised its holdings in shares of Etsy by 476.5% during the second quarter. Heritage Wealth Advisors now owns 490 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 405 shares during the last quarter. EFG International AG acquired a new stake in Etsy in the 4th quarter valued at approximately $33,000. Elevation Point Wealth Partners LLC bought a new stake in Etsy during the 2nd quarter valued at $35,000. Salomon & Ludwin LLC bought a new stake in Etsy during the 3rd quarter valued at $55,000. Finally, SJS Investment Consulting Inc. grew its stake in shares of Etsy by 12,600.0% in the third quarter. SJS Investment Consulting Inc. now owns 762 shares of the specialty retailer’s stock worth $51,000 after purchasing an additional 756 shares in the last quarter. Institutional investors own 99.53% of the company’s stock.

Etsy News Roundup

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Sale of Depop to eBay for $1.2 billion in cash — provides >$1B of immediate liquidity, lets Etsy refocus on its core marketplace and was the main fundamental catalyst for the move higher. TechCrunch: Etsy sells Depop to eBay
• Positive Sentiment: Q4 beat on EPS and return to slight year-over-year GMS growth — Etsy topped EPS estimates and showed early stabilization in buyer engagement, helping investors look past near-term margin pressure. PR Newswire: Etsy Q4 and FY2025 results
• Positive Sentiment: Selected bullish analyst moves (Truist raise to $83, Needham buy maintained) give headline upside narratives that supported momentum for some buyers. Benzinga: analyst coverage
• Positive Sentiment: Wider market catalyst — a Supreme Court ruling that lifted e‑commerce names provided an additional short‑term bid to Etsy along with peers. CNBC: e‑commerce stocks pop after Supreme Court ruling
• Neutral Sentiment: Technical factors — elevated short interest amplified the rally (short squeeze component), so part of the move appears driven by positioning rather than new fundamentals. Benzinga: short interest note
• Neutral Sentiment: UBS and other cautious notes: some analysts view the Depop divestiture as improving profitability but still flag modest GMS growth and a valuation reset — a watch‑and‑wait stance. TipRanks: UBS commentary
• Negative Sentiment: Multiple analyst price‑target cuts and downgrades (JPMorgan, Wells Fargo, Morgan Stanley, Stifel, Cantor Fitzgerald and others) signal medium‑term caution on growth and valuation — these offsets could cap upside without clearer margin/GMS improvement. MarketScreener: analyst cuts
• Negative Sentiment: Mixed fundamentals and margin pressure — revenue roughly inline but profit and operating metrics showed strain, supporting views that a valuation reset may be underway. WSJ: profit vs revenue note
• Negative Sentiment: Insider sale disclosed (director sold 300 shares) — small in dollar terms but sometimes noted by traders as a modest negative signal. SEC Form 4: director sale

About Etsy

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.