Etsy (NYSE:ETSY) Price Target Raised to $85.00

Etsy (NYSE:ETSY) had its target price increased by JPMorgan Chase & Co. from $78.00 to $85.00 in a report published on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

A number of other analysts have also recently issued reports on the company. Cantor Fitzgerald upped their target price on Etsy from $51.00 to $59.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Argus raised Etsy from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research report on Thursday, May 21st. President Capital upgraded Etsy from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $57.00 to $91.00 in a research note on Thursday, June 25th. Canaccord Genuity Group increased their price objective on Etsy from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Guggenheim assumed coverage on shares of Etsy in a research report on Thursday, May 21st. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $73.64.

Etsy Price Performance

NYSE ETSY opened at $84.08 on Wednesday. Etsy has a 1 year low of $44.00 and a 1 year high of $87.14. The company has a market capitalization of $7.98 billion, a PE ratio of 35.04, a P/E/G ratio of 3.47 and a beta of 1.83. The company has a fifty day moving average of $70.73 and a two-hundred day moving average of $61.20.

Insider Buying and Selling at Etsy

In other Etsy news, Director Frederick R. Wilson sold 20,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $74.39, for a total transaction of $1,487,800.00. Following the completion of the sale, the director directly owned 441,329 shares of the company’s stock, valued at approximately $32,830,464.31. This trade represents a 4.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Merilee Buckley sold 881 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $75.35, for a total value of $66,383.35. Following the sale, the chief accounting officer directly owned 405 shares of the company’s stock, valued at $30,516.75. The trade was a 68.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 759,312 shares of company stock valued at $53,799,597 in the last ninety days. Insiders own 2.50% of the company’s stock.

Hedge Funds Weigh In On Etsy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its position in shares of Etsy by 33.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 187,028 shares of the company’s stock valued at $10,369,000 after acquiring an additional 47,105 shares during the period. Crossmark Global Holdings Inc. grew its holdings in shares of Etsy by 338.4% in the 4th quarter. Crossmark Global Holdings Inc. now owns 103,497 shares of the company’s stock worth $5,738,000 after acquiring an additional 79,888 shares during the period. SG Americas Securities LLC grew its holdings in shares of Etsy by 717.7% in the 1st quarter. SG Americas Securities LLC now owns 1,497,174 shares of the company’s stock worth $74,829,000 after acquiring an additional 1,314,071 shares during the period. Hussman Strategic Advisors Inc. grew its holdings in shares of Etsy by 100.0% in the 4th quarter. Hussman Strategic Advisors Inc. now owns 84,000 shares of the company’s stock worth $4,657,000 after acquiring an additional 42,000 shares during the period. Finally, Van ECK Associates Corp increased its stake in Etsy by 1.1% in the 4th quarter. Van ECK Associates Corp now owns 3,734,156 shares of the company’s stock valued at $207,022,000 after purchasing an additional 39,067 shares in the last quarter. 99.53% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Etsy

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: JPMorgan raised Etsy’s price target to $85, and the stock hit a new 1-year high after recent analyst support, reinforcing bullish sentiment around the name. Etsy (NYSE:ETSY) Price Target Raised to $85.00 at JPMorgan Chase & Co.
• Positive Sentiment: Etsy said it will report second-quarter 2026 results after the market close on August 5, which can keep investor attention focused on a potential earnings catalyst. Etsy to Announce Second Quarter 2026 Financial Results on August 5, 2026
• Neutral Sentiment: Wedbush initiated coverage with a neutral rating and an $80 target, suggesting the shares may be fairly valued after the recent rally. Wedbush coverage on Etsy
• Neutral Sentiment: BTIG also cut Etsy to Neutral from Buy, saying the stock’s strong run has pushed valuation toward full, which may limit additional upside in the short term. BTIG lowers Etsy to Neutral, says risk-reward in balance after strong rally
• Negative Sentiment: Executive Chair Josh Silverman sold 39,161 shares worth about $3.1 million, a disclosure that can create cautious sentiment even if it was preplanned. Etsy Executive Chair Josh Silverman Sells 39,161 Shares for $3.1 Million

About Etsy

Etsy, Inc operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels.