ETSY Etsy, Inc.
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel ceiling · 3-year channel going sideways
Price is at the upper line, where it has stalled before.
- 3-year channel
- US$22.00 – US$88.69 · going sideways, +0% a year
- Price in channel
- 100% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none — above both ceilings
- Turns bearish below
- US$22.00
- Published levels
- Buy and target are not from this channel — see below.
Price history, with the path projected 3 months forward
Updated 3:52 PM ET (20 h ago)
- Daily close
- Upper trend line (3 years)
- Lower trend line (3 years)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$75.18
level as at 4 Nov 2026
Our target
US$89.60
by 28 Jan 2027
Projected move
19.2%
gross, before costs
Price is between our buy and target.
Target: the projected upper line.
This move size: reached in 42% of 22 past stretches, typically in 90 days. (0.21% per day)
- Upper line touches
- 4
- Lower line touches
- 7
- Fit confidence
- 38%
- Fitted
- 1 Nov 2026
Company information
About Etsy, Inc.
Etsy, Inc. oversees online retail platforms designed to link independent merchants with a global customer base. Its primary marketplace is dedicated to unique and handcrafted items, while its Depop division focuses on the resale of apparel. The company's revenue streams largely originate from diverse marketplace fees, such as those for product listings, transactions, and payment processing, as well as from advertising services and optional seller utilities like shipping labels. Furthermore, Etsy administers programs aimed at improving search placement, providing buyer protection for qualifying orders, and offering financial incentives for seller-driven traffic. The enterprise was founded in 2005, formally incorporated as Indieco, Inc. in 2006, and then rebranded as Etsy, Inc. in June of the same year. Its corporate headquarters are located in Brooklyn, New York.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Kruti Patel Goyal
- Employees
- 2,375
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- 52/100
- Profitability
- 26/100
- Financial health
- 77/100
- Cash generation
- 71/100
Key statistics
- Market cap
- US$8.19B
- Enterprise value
- US$10.36B
- Beta
- 1.86
- Avg volume
- 3.01M
- Revenue per share
- 30.30
- Dividend yield
- 0.00%
- 52-week range
- 44-90.13
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 42.07
- PEG
- 0.95
- Price / sales
- 2.86
- Price / book
- -6.03
- EV / EBITDA
- 18.53
- Gross margin
- 72.30%
- Operating margin
- 15.99%
- Net margin
- 7.33%
- Current ratio
- 1.48
- Quick ratio
- 1.48
- Debt / equity
- -2.20
- Interest cover
- 26.96
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$2.88B | US$2.07B | US$367.91M | US$162.98M | US$1.39 |
| 2024 | US$2.81B | US$2.03B | US$380.21M | US$303.28M | US$2.35 |
| 2023 | US$2.75B | US$1.92B | US$279.84M | US$307.57M | US$2.24 |
| 2022 | US$2.57B | US$1.82B | -US$658.56M | -US$694.29M | -US$5.48 |
| 2021 | US$2.33B | US$1.67B | US$465.73M | US$493.51M | US$3.40 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$2.83B | US$3.93B | -US$1.10B |
| 2024 | US$2.42B | US$3.18B | -US$758.87M |
| 2023 | US$2.69B | US$3.23B | -US$543.72M |
| 2022 | US$2.63B | US$3.18B | -US$547.27M |
| 2021 | US$3.83B | US$3.20B | US$628.62M |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | US$693.41M | US$638.75M | US$162.98M |
| 2024 | US$752.47M | US$708.97M | US$303.28M |
| 2023 | US$705.51M | US$665.61M | US$307.57M |
| 2022 | US$683.61M | US$646.41M | -US$694.29M |
| 2021 | US$651.55M | US$621.44M | US$493.51M |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2025 | US$1.32 | US$2.88B | 18 |
| 2026 | US$3.32 | US$2.85B | 19 |
| 2027 | US$4.56 | US$2.99B | 19 |
| 2028 | US$5.24 | US$3.13B | 19 |
| 2029 | US$6.04 | US$3.30B | 8 |
| 2030 | US$6.91 | US$3.46B | 14 |
Analyst view
- Target (mean)
- US$85.94
- Target (high)
- US$105.00
- Target (low)
- US$65.00
- Strong buy
- 0
- Buy
- 24
- Hold
- 18
- Sell
- 3
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.