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. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels. Further, the company provides the Etsy Purchase Protection program that is designed to help buyers; the Etsy Share and Save program for sellers to save on Etsy fees for sales that drive to their Etsy shop from their own channels. Additionally, it offers educational resources comprising blog posts, video tutorials, Etsy Seller Handbook, Etsy.com online forums, and insights; Etsy Teams, a platform to build personal relationships with other Etsy sellers; and a Star Seller program. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York.
Market Crossroads | Etsy navigates economic headwinds and competitive pressures, redefining its growth strategy in a trillion-dollar retail market landscape |
Financial Outlook | Analysts project modest revenue growth to $2.875B by 2025, with EPS estimates of $2.36 for FY1 and $2.64 for FY2, reflecting cautious optimism |
Strategic Pivot | Explore Etsy's focus on gifting, loyalty programs, and inventory curation to boost user engagement and overcome purchase frequency limitations |
Analyst Perspectives | Discover varied price targets ranging from $50 to $77, with an average of $60.75, highlighting diverse views on Etsy's growth potential |
Metrics to compare | ETSY | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipETSYPeersSector | |
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P/E Ratio | 23.1x | −7.3x | 10.6x | |
PEG Ratio | −1.12 | −0.12 | 0.02 | |
Price/Book | −9.5x | 2.3x | 1.4x | |
Price / LTM Sales | 2.1x | 0.9x | 0.9x | |
Upside (Analyst Target) | 12.9% | 63.1% | 22.3% | |
Fair Value Upside | Unlock | 28.6% | 7.8% | Unlock |