Wells Fargo & Company Has Lowered Expectations for Etsy (NASDAQ:ETSY) Stock Price

Etsy (NASDAQ:ETSY) had its price target decreased by research analysts at Wells Fargo & Company from $52.00 to $47.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “underweight” rating on the specialty retailer’s stock. Wells Fargo & Company‘s target price points to a potential downside of 9.97% from the stock’s previous close.

A number of other analysts have also issued reports on the stock. Evercore lowered shares of Etsy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Morgan Stanley decreased their price objective on shares of Etsy from $65.00 to $60.00 and set an “equal weight” rating for the company in a report on Friday. Jefferies Financial Group lowered their price objective on shares of Etsy from $62.00 to $55.00 and set a “hold” rating for the company in a research report on Thursday, February 12th. Raymond James Financial reaffirmed an “outperform” rating and set a $78.00 target price (down from $80.00) on shares of Etsy in a research report on Thursday, October 30th. Finally, BTIG Research decreased their price target on shares of Etsy from $74.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $61.12.

Etsy Stock Performance

Shares of ETSY stock opened at $52.20 on Friday. The stock has a 50 day moving average price of $55.62 and a 200 day moving average price of $59.48. Etsy has a 52-week low of $40.05 and a 52-week high of $76.51. The firm has a market capitalization of $5.15 billion, a P/E ratio of 42.10, a P/E/G ratio of 10.65 and a beta of 1.77.

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

Insider Activity at Etsy

In related news, CAO Merilee Buckley sold 5,636 shares of Etsy stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $58.45, for a total transaction of $329,424.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Josh Silverman sold 86,666 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $57.46, for a total value of $4,979,828.36. Following the sale, the insider owned 90,661 shares of the company’s stock, valued at approximately $5,209,381.06. This represents a 48.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 135,934 shares of company stock worth $7,661,068. 2.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Etsy

Institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC raised its holdings in Etsy by 19.1% in the first quarter. Integrated Wealth Concepts LLC now owns 5,986 shares of the specialty retailer’s stock worth $282,000 after purchasing an additional 961 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Etsy by 55.5% during the 1st quarter. Empowered Funds LLC now owns 9,673 shares of the specialty retailer’s stock worth $456,000 after acquiring an additional 3,451 shares in the last quarter. Woodline Partners LP bought a new position in shares of Etsy during the 1st quarter worth approximately $2,181,000. Vanguard Personalized Indexing Management LLC purchased a new stake in Etsy during the second quarter valued at approximately $262,000. Finally, Allianz Asset Management GmbH boosted its stake in Etsy by 85.3% in the second quarter. Allianz Asset Management GmbH now owns 40,426 shares of the specialty retailer’s stock valued at $2,028,000 after acquiring an additional 18,608 shares in the last quarter. Institutional investors own 99.53% of the company’s stock.

Key Stories Impacting Etsy

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.