Needham & Company LLC Lowers Etsy (NASDAQ:ETSY) Price Target to $65.00

Etsy (NASDAQ:ETSY) had its price objective lowered by equities research analysts at Needham & Company LLC from $76.00 to $65.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the specialty retailer’s stock. Needham & Company LLC’s price target indicates a potential upside of 24.51% from the company’s previous close.

Several other research analysts also recently commented on ETSY. Wedbush dropped their price target on Etsy from $72.00 to $66.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. BNP Paribas Exane assumed coverage on shares of Etsy in a research report on Monday, November 24th. They set a “neutral” rating on the stock. The Goldman Sachs Group upped their target price on shares of Etsy from $48.00 to $57.00 and gave the company a “sell” rating in a research note on Thursday, October 30th. Cantor Fitzgerald decreased their price target on shares of Etsy from $64.00 to $55.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Finally, Citigroup restated a “buy” rating on shares of Etsy in a report on Tuesday, December 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $61.12.

Etsy Stock Performance

Etsy stock opened at $52.20 on Friday. 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 PE ratio of 42.10, a PEG ratio of 10.65 and a beta of 1.77. The business’s 50-day simple moving average is $55.62 and its 200-day simple moving average is $59.48.

Etsy declared that its Board of Directors has initiated a share repurchase plan on Thursday, December 18th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the specialty retailer to reacquire up to 14.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Transactions at Etsy

In other Etsy news, CAO Merilee Buckley sold 5,636 shares of the firm’s stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Josh Silverman sold 86,666 shares of Etsy stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $57.46, for a total value of $4,979,828.36. Following the sale, the insider directly owned 90,661 shares in the company, valued at $5,209,381.06. The trade was a 48.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 135,934 shares of company stock valued at $7,661,068 over the last ninety days. 2.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Etsy

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

Key Headlines 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.