
Etsy (ETSY) Stock Forecast & Price Target
Etsy (ETSY) Analyst Ratings
Bulls say
Etsy has reported a solid revenue growth of 6.1% year-over-year, excluding the impact of the Reverb sale, indicating the company's resilience in a competitive e-commerce landscape. Notably, gross merchandise volume (GMS) in the U.S. surged by 59% year-over-year, with strong growth also seen in user sign-ups in Australia, further reflecting the marketplace's expanding reach. Additionally, the performance of Depop contributed positively, generating $292.1 million in GMS and demonstrating a year-over-year growth of 39.4%, underscoring Etsy's successful integration of its subsidiary into its overall growth strategy.
Bears say
Etsy's Total Active Buyers experienced a year-over-year decline for the fifth consecutive quarter, dropping 4% to 93.2 million, which reflects a troubling trend in user engagement. Additionally, the firm encountered an 8% year-over-year decline in EBITDA for the second quarter of 2025, primarily affecting performance metrics linked to its Depop brand as marketing investments continue to pressure margins. The company's struggles are further compounded by its lagging performance relative to overall US e-commerce growth, attributed to ongoing weakness in key categories like home decor and the discretionary nature of its goods.
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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