
Etsy (ETSY) Stock Forecast & Price Target
Etsy (ETSY) Analyst Ratings
Bulls say
Etsy is poised for continued growth, with estimates indicating a year-over-year increase in Paid Gross Merchandise Sales (GMS) of approximately 8%, reaching around $2.9 billion in 2025. The company's advertising revenue has been particularly robust, witnessing an 8-9% rise year-over-year, and contributing 7% to GMS, along with a total advertising spend increase of 9% to $791 million. Furthermore, the addition of 17.2 million gross buyers, marking a 3% rise year-over-year, signals a positive inflection in user engagement on the platform, supporting Etsy's overall growth trajectory.
Bears say
Etsy's financial outlook appears negative due to several concerning metrics, including a marginal gross merchandise volume (GMS) growth of just 0.1%, indicating stagnation in the company's sales performance despite slightly exceeding estimates. Furthermore, the decline in habitual buyers by 9% year-over-year alongside an overall decrease in GMS suggests a potential shift in consumer behavior, posing risks to future revenue generation. Additionally, the pressure from Depop, which has contributed to GMS growth but simultaneously acted as a drag on adjusted EBITDA margins, raises concerns regarding the overall profitability of Etsy's operations.
This aggregate rating is based on analysts' research of Etsy and is not a guaranteed prediction by Public.com or investment advice.
Etsy (ETSY) Analyst Forecast & Price Prediction
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