B. Riley, a prominent financial firm, has released its highly anticipated Q1 2026 earnings forecast for Etsy, Inc. (NASDAQ ETSY), projecting a robust $0.54 per share. This optimistic outlook is underscored by B. Riley’s reiteration of a “Buy” rating on the Etsy stock, setting a target price of $55.00, signaling confidence in the specialty retailer’s near-term financial performance. This initial projection sets a crucial benchmark for investors closely monitoring the company’s trajectory in the e-commerce landscape.
Further elaborating on their financial projections, B. Riley has extended its estimates beyond the first quarter, forecasting earnings of $0.50 per share for Q2 2026 and $0.53 per share for Q3 2026. These detailed predictions offer a clearer financial roadmap for the year ahead, contrasting with the broader consensus estimate for Etsy’s current full-year earnings, which stands at $2.57 per share, demonstrating a nuanced view of the company’s profitability across different periods.
The financial community’s sentiment towards Etsy remains varied, as evidenced by a spectrum of analyst ratings from other leading brokerages. Canaccord Genuity Group, for instance, has set a significantly higher price objective of $76.00, while Needham & Company LLC also increased its target to $72.00, maintaining a “buy” rating. In contrast, UBS Group reiterated a “neutral” stance with a $67.00 target, and Piper Sandler even decreased its target to $40.00 with a “neutral” rating, highlighting the diverse perspectives on Etsy’s valuation.
Overall, a comprehensive review of market data from MarketBeat reveals a consensus rating of “Hold” for Etsy, with an average price target across all analysts at $56.76. This collective assessment, derived from ratings including five “sell,” sixteen “hold,” and eight “buy” recommendations, paints a picture of cautious optimism among financial experts, suggesting that while the company has potential, it also faces considerable market scrutiny.
Looking back at its recent performance, Etsy last posted its quarterly earnings results for Q1 on July 30th. The specialty retailer reported $0.25 EPS, significantly missing analysts’ consensus estimates of $0.54. Despite the earnings per share shortfall, Etsy demonstrated resilience on the revenue front, reporting $672.66 million for the quarter, surpassing the consensus estimate of $645.16 million, indicating strong sales activity despite profitability challenges.
The Etsy stock commenced trading on Friday at $58.27, navigating a market that has seen its shares fluctuate between a 12-month low of $40.05 and a high of $68.45. The company maintains a substantial market capitalization of $6.08 billion, with key financial indicators such as a PE ratio of 46.99 and a beta of 1.74 further defining its position within the broader stock market. These figures offer vital context for understanding the stock’s stability and growth potential.
Furthermore, recent insider trading activities have drawn attention, with notable sales by company personnel. An insider sold 1,500 shares for over $77,000, reducing their position by 4.15%, while CTO Richard Edward Colburn III sold 2,350 shares for over $110,000, marking a significant 44.80% decrease in his holdings. These disclosures, accessible via SEC filings, provide crucial investor insights into internal perceptions of the company’s value.
Mirroring these internal shifts, institutional investors have actively adjusted their stakes in Etsy. Firms such as True Wealth Design LLC and Signaturefd LLC significantly increased their holdings, while others like Hurley Capital LLC and Strategic Investment Solutions Inc. IL initiated new positions. The substantial 99.53% ownership by institutional investors highlights the company’s strong appeal among large investment bodies, reflecting broad confidence despite individual adjustments.
At its core, Etsy, Inc. operates a dynamic portfolio of two-sided online marketplaces, connecting artisans and entrepreneurs with consumers globally, spanning key regions like the United States, the UK, Germany, and Australia. Beyond its flagship Etsy.com platform, the company also manages specialized marketplaces such as Reverb for musical instruments, Depop for fashion resale, and Elo7 for handmade items in Brazil, showcasing its diversified e-commerce strategy and market reach.
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