Etsy (NYSE:ETSY) Reaches New 12-Month High Following Analyst Upgrade

Etsy Inc (NYSE:ETSY)’s stock price hit a new 52-week high on Thursday after JPMorgan Chase & Co. raised their price target on the stock from $78.00 to $85.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. Etsy traded as high as $87.14 and last traded at $85.7810, with a volume of 3979857 shares traded. The stock had previously closed at $83.06.

A number of other equities research analysts also recently weighed in on the company. Morgan Stanley set a $64.00 target price on Etsy in a research report on Wednesday, April 29th. Roth Capital started coverage on Etsy in a research report on Thursday, May 21st. They set a “buy” rating on the stock. Argus raised Etsy from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research note on Thursday, May 21st. Weiss Ratings upgraded Etsy from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. Finally, Wells Fargo & Company upped their price objective on Etsy from $47.00 to $61.00 and gave the company an “underweight” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $73.64.

Insider Activity at Etsy

In other Etsy news, Director Frederick R. Wilson sold 20,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $74.39, for a total value of $1,487,800.00. Following the transaction, the director owned 441,329 shares of the company’s stock, valued at approximately $32,830,464.31. This represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Josh Silverman sold 39,161 shares of the stock in a transaction on Friday, July 10th. The shares were sold at an average price of $79.00, for a total value of $3,093,719.00. Following the sale, the insider owned 139,884 shares of the company’s stock, valued at $11,050,836. This trade represents a 21.87% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 over the last ninety days. Insiders own 2.50% of the company’s stock.

Key Stories Impacting 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

Institutional Investors Weigh In On Etsy

Institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC boosted its holdings in shares of Etsy by 717.7% in the first quarter. SG Americas Securities LLC now owns 1,497,174 shares of the company’s stock worth $74,829,000 after buying an additional 1,314,071 shares during the period. AQR Capital Management LLC increased its position in shares of Etsy by 40.1% in the fourth quarter. AQR Capital Management LLC now owns 4,111,639 shares of the company’s stock worth $227,785,000 after acquiring an additional 1,177,301 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Etsy by 51.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,278,123 shares of the company’s stock valued at $163,841,000 after acquiring an additional 1,112,520 shares during the period. Norges Bank acquired a new stake in shares of Etsy during the fourth quarter valued at approximately $33,903,000. Finally, Renaissance Technologies LLC lifted its position in shares of Etsy by 11.1% in the 1st quarter. Renaissance Technologies LLC now owns 5,962,210 shares of the company’s stock valued at $297,991,000 after acquiring an additional 594,768 shares in the last quarter. 99.53% of the stock is owned by institutional investors and hedge funds.

Etsy Stock Performance

The business’s 50 day moving average is $70.73 and its 200 day moving average is $61.20. The stock has a market cap of $7.98 billion, a price-to-earnings ratio of 35.04, a price-to-earnings-growth ratio of 3.47 and a beta of 1.83.

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.