Wedbush Brokers Decrease Earnings Estimates for Etsy

Etsy, Inc. (NASDAQ:ETSY) – Equities research analysts at Wedbush decreased their Q2 2025 earnings per share (EPS) estimates for Etsy in a note issued to investors on Tuesday, April 15th. Wedbush analyst S. Devitt now anticipates that the specialty retailer will post earnings of $0.41 per share for the quarter, down from their previous forecast of $0.48. The consensus estimate for Etsy’s current full-year earnings is $2.57 per share. Wedbush also issued estimates for Etsy’s Q3 2025 earnings at $0.51 EPS, FY2025 earnings at $2.33 EPS and FY2026 earnings at $2.59 EPS.

Etsy (NASDAQ:ETSY) last posted its quarterly earnings data on Wednesday, February 19th. The specialty retailer reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.08. Etsy had a net margin of 10.80% and a negative return on equity of 46.62%. The company had revenue of $852.16 million for the quarter, compared to the consensus estimate of $861.37 million. During the same quarter last year, the firm posted $0.62 earnings per share. The firm’s revenue was up 1.2% compared to the same quarter last year.

A number of other research analysts also recently issued reports on ETSY. UBS Group cut their price objective on Etsy from $54.00 to $46.00 and set a “neutral” rating for the company in a research note on Friday, April 11th. Piper Sandler dropped their price target on shares of Etsy from $52.00 to $40.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. Citigroup decreased their price objective on shares of Etsy from $56.00 to $53.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Cantor Fitzgerald cut their price target on Etsy from $46.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Finally, Stifel Nicolaus dropped their price objective on Etsy from $56.00 to $51.00 and set a “hold” rating for the company in a research note on Thursday, February 20th. Four investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $56.42.

Etsy Stock Performance

Shares of Etsy stock opened at $44.15 on Wednesday. The stock’s fifty day moving average is $47.87 and its 200 day moving average is $51.57. Etsy has a one year low of $40.05 and a one year high of $71.72. The stock has a market cap of $4.73 billion, a P/E ratio of 18.63, a P/E/G ratio of 2.57 and a beta of 2.15.

Hedge Funds Weigh In On Etsy

Several hedge funds have recently bought and sold shares of ETSY. M&T Bank Corp increased its stake in Etsy by 18.8% in the 3rd quarter. M&T Bank Corp now owns 5,600 shares of the specialty retailer’s stock worth $311,000 after buying an additional 885 shares during the period. Coldstream Capital Management Inc. grew its stake in Etsy by 11.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 4,302 shares of the specialty retailer’s stock worth $239,000 after acquiring an additional 448 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its position in shares of Etsy by 32.0% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 27,911 shares of the specialty retailer’s stock worth $1,550,000 after acquiring an additional 6,766 shares during the period. Principal Financial Group Inc. increased its position in shares of Etsy by 313.1% during the third quarter. Principal Financial Group Inc. now owns 542,505 shares of the specialty retailer’s stock worth $30,125,000 after acquiring an additional 411,165 shares during the period. Finally, Versant Capital Management Inc raised its stake in shares of Etsy by 153.1% during the fourth quarter. Versant Capital Management Inc now owns 825 shares of the specialty retailer’s stock valued at $44,000 after acquiring an additional 499 shares in the last quarter. Institutional investors own 99.53% of the company’s stock.

Insiders Place Their Bets

In other Etsy news, insider Toni Thompson Nadal sold 1,444 shares of the business’s stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $48.30, for a total transaction of $69,745.20. Following the transaction, the insider now owns 592 shares in the company, valued at $28,593.60. The trade was a 70.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Merilee Buckley sold 1,676 shares of Etsy stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $48.40, for a total transaction of $81,118.40. The disclosure for this sale can be found here. Insiders have sold 50,952 shares of company stock valued at $2,554,620 over the last ninety days. 2.60% of the stock is owned by insiders.

About Etsy

Etsy, Inc, together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. 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.