Etsy (NYSE:ETSY) Rating Increased to Buy at BTIG Research

Posted by Brian Himes on Sep 18th, 2026

Etsy (NYSE:ETSY – Get Free Report) was upgraded by equities researchers at BTIG Research from a “neutral” rating to a “buy” rating in a report issued on Friday, Marketbeat reports. The brokerage presently has a $90.00 price target on the stock. BTIG Research’s price target would indicate a potential upside of 24.47% from the company’s current price.

ETSY has been the subject of a number of other reports. Rosenblatt Securities began coverage on shares of Etsy in a report on Thursday, August 20th. They set a “buy” rating and a $95.00 price target for the company. Piper Sandler raised their price objective on Etsy from $70.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Weiss Ratings lowered shares of Etsy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, August 6th. Barclays upped their target price on shares of Etsy from $82.00 to $94.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Finally, The Goldman Sachs Group began coverage on Etsy in a research note on Monday, August 17th. They set a “neutral” rating and a $89.00 price objective for the company. Four research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $86.03.

Get Our Latest Analysis on ETSY

Etsy Stock Performance

ETSY opened at $72.31 on Friday. The company has a market cap of $6.86 billion, a price-to-earnings ratio of 40.39, a PEG ratio of 1.83 and a beta of 1.81. Etsy has a one year low of $44.00 and a one year high of $87.97. The business’s fifty day moving average is $80.68 and its two-hundred day moving average is $68.88.

Etsy (NYSE:ETSY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.49) earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($1.24). The firm had revenue of $668.31 million during the quarter, compared to analysts’ expectations of $646.10 million. Etsy had a net margin of 7.32% and a negative return on equity of 34.18%. The company’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.25 EPS. On average, analysts predict that Etsy will post 3.94 EPS for the current fiscal year.

Insider Transactions at Etsy

In other news, insider Josh Silverman sold 1,671 shares of the firm’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $84.00, for a total transaction of $140,364.00. Following the completion of the sale, the insider directly owned 249,559 shares of the company’s stock, valued at $20,962,956. This trade represents a 0.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles Ballard sold 4,500 shares of Etsy stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $81.85, for a total value of $368,325.00. Following the completion of the transaction, the director owned 4,239 shares in the company, valued at $346,962.15. The trade was a 51.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 368,538 shares of company stock valued at $29,085,228 over the last three months. 2.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Etsy

Institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC acquired a new stake in shares of Etsy during the second quarter valued at approximately $34,000. EFG International AG acquired a new position in Etsy in the 2nd quarter valued at approximately $45,000. CoreCap Advisors LLC raised its holdings in shares of Etsy by 2,379.1% during the second quarter. CoreCap Advisors LLC now owns 1,066 shares of the company’s stock worth $80,000 after acquiring an additional 1,023 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Etsy by 19.3% during the 1st quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock worth $62,000 after purchasing an additional 200 shares in the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in Etsy in the second quarter valued at approximately $105,000. Hedge funds and other institutional investors own 99.53% of the company’s stock.

About Etsy

(Get Free Report)

Etsy, Inc operates a global online marketplace that connects buyers with independent sellers offering handmade, personalized and vintage goods, as well as craft supplies. Its marketplace includes products such as jewelry, clothing, home décor, art, gifts and party supplies.

The company provides tools and services that support commerce on its platform, including seller storefronts, search and discovery features, payment processing, advertising, shipping solutions and customer support. Etsy primarily serves individual entrepreneurs and small businesses seeking to reach consumers interested in distinctive and creatively designed products.

Founded in 2005 and headquartered in Brooklyn, New York, Etsy serves buyers and sellers in numerous countries.