Wedbush Issues Negative Estimate for Etsy Earnings

Etsy, Inc. (NASDAQ:ETSY) – Analysts at Wedbush cut their Q4 2025 earnings estimates for shares of Etsy in a note issued to investors on Tuesday, April 15th. Wedbush analyst S. Devitt now forecasts that the specialty retailer will post earnings of $0.98 per share for the quarter, down from their previous forecast of $1.09. The consensus estimate for Etsy’s current full-year earnings is $2.57 per share.

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

ETSY has been the topic of several other reports. Citigroup cut their price objective on shares of Etsy from $56.00 to $53.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. UBS Group cut their price target on Etsy from $54.00 to $46.00 and set a “neutral” rating on the stock in a research note on Friday, April 11th. Stifel Nicolaus decreased 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. Wells Fargo & Company cut their target price on Etsy from $47.00 to $46.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 2nd. Finally, Needham & Company LLC restated a “buy” rating and set a $60.00 target price on shares of Etsy in a research report on Thursday, February 20th. Four research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $56.42.

Etsy Trading Up 3.8 %

Shares of NASDAQ ETSY opened at $44.15 on Thursday. Etsy has a 1 year low of $40.05 and a 1 year high of $71.72. The firm’s 50-day moving average is $47.87 and its 200-day moving average is $51.57. The firm has a market capitalization of $4.73 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 2.57 and a beta of 2.15.

Insider Buying and Selling

In other Etsy news, insider Toni Thompson Nadal sold 1,444 shares of the stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $48.30, for a total value of $69,745.20. Following the completion of the sale, the insider now owns 592 shares in the company, valued at $28,593.60. This trade represents a 70.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Nicholas Daniel sold 1,500 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $55.34, for a total transaction of $83,010.00. Following the transaction, the insider now owns 22,198 shares in the company, valued at $1,228,437.32. This represents a 6.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,952 shares of company stock worth $2,554,620. 2.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Etsy

Hedge funds have recently bought and sold shares of the company. Lindbrook Capital LLC raised its stake in Etsy by 55.7% in the fourth quarter. Lindbrook Capital LLC now owns 506 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 181 shares during the period. True Wealth Design LLC increased its holdings in shares of Etsy by 112.7% during the 4th quarter. True Wealth Design LLC now owns 551 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 292 shares during the last quarter. Hurley Capital LLC bought a new stake in Etsy in the 4th quarter valued at $32,000. Strategic Investment Solutions Inc. IL bought a new position in Etsy during the fourth quarter worth $34,000. Finally, Summit Securities Group LLC acquired a new position in shares of Etsy in the fourth quarter valued at $37,000. 99.53% of the stock is currently owned by institutional investors and hedge funds.

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.