Etsy (NYSE:ETSY) Earns Neutral Rating from Analysts at Wedbush

Wedbush assumed coverage on shares of Etsy (NYSE:ETSY) in a research report sent to investors on Thursday morning, Marketbeat Ratings reports. The firm issued a neutral rating and a $80.00 price target on the stock.

ETSY has been the topic of a number of other reports. Jefferies Financial Group increased their target price on shares of Etsy from $62.00 to $80.00 and gave the stock a “hold” rating in a report on Tuesday, July 14th. Roth Capital began coverage on shares of Etsy in a report on Thursday, May 21st. They issued a “buy” rating for the company. Weiss Ratings raised shares of Etsy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 13th. Morgan Stanley set a $64.00 price objective on shares of Etsy in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their target price on shares of Etsy from $78.00 to $85.00 and gave the stock a “neutral” rating in a report on Wednesday. One equities 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $73.64.

Etsy Trading Up 0.7%

ETSY stock opened at $84.08 on Thursday. The stock’s 50 day simple moving average is $70.73 and its 200 day simple moving average is $61.20. Etsy has a 12-month low of $44.00 and a 12-month high of $87.14. The firm has a market cap of $7.98 billion, a P/E ratio of 35.04, a P/E/G ratio of 3.50 and a beta of 1.83.

Insider Transactions at Etsy

In other Etsy news, insider Josh Silverman sold 134,730 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $68.89, for a total transaction of $9,281,549.70. Following the completion of the transaction, the insider directly owned 130,694 shares of the company’s stock, valued at $9,003,509.66. The trade was a 50.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 759,312 shares of company stock worth $53,799,597. Insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. EFG International AG acquired a new stake in shares of Etsy in the fourth quarter valued at $33,000. Danske Bank A S bought a new stake in shares of Etsy in the 3rd quarter worth approximately $66,000. CoreCap Advisors LLC lifted its stake in Etsy by 2,379.1% during the second quarter. CoreCap Advisors LLC now owns 1,066 shares of the company’s stock valued at $80,000 after purchasing an additional 1,023 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its stake in Etsy by 22.8% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,210 shares of the company’s stock valued at $67,000 after purchasing an additional 225 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in Etsy by 19.3% during the first quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock worth $62,000 after buying an additional 200 shares in the last quarter. 99.53% of the stock is owned by institutional investors and hedge funds.

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

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.