Etsy Inc (ETSY) Stock Forecast & Predictions

Etsy Inc ETSY: $223.66

117 Adams St, Brooklyn, New York, US. | Sector: Manufacturing | Exchange: NASDAQ | Web: www.etsy.com

  • Market Cap$28.31B
  • Change (52 Weeks)96.75%
  • Low (52 Weeks)$113.01
  • Etsy Inc (ETSY) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Etsy Inc (ETSY) stock price is $223.66 and the 52 weeks low is $113.01, which means the Etsy Inc stock price is up 96.75% in the last 12 months.

    Etsy Inc (ETSY) Stock Price has been Trending Strongly with an ADX reading of 28.35 as per the Weekly Chart.

    A Upward trend indicates that Etsy Inc (ETSY) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that ETSY Stock price might rise further, 31.25% indicating that ETSY Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall ETSY stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Etsy Inc (ETSY) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Etsy Inc (ETSY) is based on 25 Institutional Analyst Ratings where 44.00% are on Strong Buy, 36.00% on Moderate Buy, 20.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 25 Institutional Analysts, majority recommended ETSY stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Etsy Inc.

    Etsy Inc (ETSY) Stock Price Prediction By Analysts


    HighLowAverage
    $283.50$164.63$227.94
    $227.941.92% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for ETSY set by the institutional analysts is $227.94 where High Estimate is $283.50, Median $225.42000000000002 and Low $164.63.

    The average price target for ETSY by Institutional Analysts is $227.94, which is 1.92% Upside from the current price. So according to the Institutional Analysts, ETSY Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Etsy Inc (ETSY) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BTIGBuyMaintained
    JefferiesBuyMaintained
    Roth CapitalNeutralDowngraded
    Morgan StanleyEqual-WeightUpgraded
    Loop CapitalBuyMaintained
    OppenheimerOutperformMaintained
    NeedhamBuyInitiated
    Truist SecuritiesBuyMaintained
    JefferiesBuyMaintained
    Atlantic EquitiesOverweightInitiated
    StifelBuyUpgraded
    Morgan StanleyUnderweightMaintained
    BTIGBuyMaintained
    KeybancSector WeightDowngraded
    Evercore ISI GroupOutperformInitiated
    Deutsche BankBuyMaintained
    Roth CapitalBuyMaintained
    NeedhamBuyMaintained
    Morgan StanleyUnderweightMaintained
    Goldman SachsBuyMaintained
    Canaccord GenuityBuyMaintained
    BTIGBuyMaintained
    Loop CapitalBuyMaintained
    KeyBancOverweightMaintained
    Morgan StanleyUnderweightMaintained
    StifelHoldDowngraded
    KeyBancOverweightMaintained
    StifelBuyMaintained
    NeedhamBuyMaintained
    Morgan StanleyUnderweightMaintained
    KeyBancOverweightMaintained
    Deutsche BankBuyMaintained
    Canaccord GenuityBuyMaintained
    BTIGBuyMaintained
    BTIGBuyUpgraded
    CitigroupBuyMaintained
    WedbushOutperformMaintained
    StifelBuyMaintained
    Roth CapitalBuyUpgraded
    NeedhamBuyMaintained
    Morgan StanleyUnderweightMaintained
    KeyBancOverweightMaintained
    Canaccord GenuityBuyMaintained
    NeedhamBuyMaintained
    Morgan StanleyUnderweightMaintained
    KeyBancOverweightMaintained
    JefferiesBuyUpgraded
    CitigroupBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    RBC CapitalOutperformMaintained
    Nomura InstinetBuyMaintained
    NeedhamBuyMaintained
    Morgan StanleyUnderweightMaintained
    Deutsche BankBuyMaintained
    Canaccord GenuityBuyMaintained
    StifelBuyMaintained
    BTIGNeutralDowngraded
    SunTrust Robinson HumphreyBuyMaintained
    OppenheimerOutperformMaintained
    CitigroupBuyMaintained
    RBC CapitalOutperformMaintained
    NeedhamBuyMaintained
    BTIGBuyMaintained
    Morgan StanleyUnderweightMaintained
    Roth CapitalNeutralDowngraded
    CitigroupBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Deutsche BankBuyMaintained
    Canaccord GenuityBuyMaintained
    JefferiesHoldInitiated
    SunTrust Robinson HumphreyBuyInitiated
    Morgan StanleyUnderweightDowngraded
    NomuraBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    NomuraBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalOutperformUpgraded
    WedbushOutperformUpgraded
    StifelHoldMaintained
    BTIG ResearchBuyUpgraded
    NeedhamBuyInitiated
    Stifel NicolausHoldMaintained
    Canaccord GenuityBuyInitiated
    OppenheimerPerformInitiated
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    BTIG ResearchNeutralDowngraded
    WedbushNeutralMaintained
    KeyBancOverweightMaintained
    Deutsche BankBuyMaintained
    Roth CapitalBuyMaintained
    Deutsche BankBuyInitiated
    Goldman SachsBuyUpgraded
    CitigroupBuyInitiated
    BTIG ResearchBuyInitiated
    Morgan StanleyEqual-WeightUpgraded
    KeyBancOverweightMaintained
    WedbushNeutralInitiated
    DA DavidsonBuyMaintained
    Stifel NicolausHoldMaintained
    KeyBancOverweightMaintained
    Morgan StanleyUnderweightMaintained
    KeyBancOverweightMaintained
    Stifel NicolausHoldMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    DA DavidsonBuyMaintained
    Morgan StanleyUnderweightMaintained
    Loop CapitalBuyInitiated
    KeyBancOverweightMaintained
    CitigroupNeutralMaintained
    Stifel NicolausHoldMaintained
    Roth CapitalBuyUpgraded
    KeyBancOverweightMaintained
    Morgan StanleyUnderweightDowngraded
    KeyBancOverweightInitiated
    DA DavidsonBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    CitigroupNeutralDowngraded
    Loop CapitalHoldDowngraded
    Stifel NicolausHoldInitiated
    Roth CapitalBuyUpgraded
    CitigroupBuyMaintained
    Maxim GroupBuyMaintained
    Monness Crespi HardtBuyUpgraded
    Loop CapitalHoldInitiated
    Roth CapitalNeutralUpgraded
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsNeutralMaintained
    CitigroupBuyMaintained
    CitigroupBuyInitiated
    Maxim GroupBuyInitiated
    RBC CapitalBuyInitiated
    Roth CapitalSellInitiated
    TopekaHoldInitiated
    Monness Crespi HardtNeutralUpgraded
    Brean CapitalBuyMaintained
    WedbushNeutralUpgraded
    Monness Crespi HardtSellInitiated
    WedbushUnderperformDowngraded
    Morgan StanleyEqual-WeightInitiated
    Goldman SachsNeutralInitiated

    Etsy Inc (ETSY) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.847
    The average consensus EPS for ETSY is $0.847 with a high estimate of $1.103 and Low of $0.510 for the period 2021-12-31 and based on 17 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.68$0.6417332021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.54960660000000012021-09-30
    $0.68$0.6417332021-06-30
    $1$0.90136379999999992021-03-31
    $1.08$0.60258542020-12-31
    $0.76$0.61176542020-09-30
    $0.75$0.397800000000000042020-06-30
    $0.1$0.19382020-03-31
    $0.25$0.1668722019-12-31
    $0.12$0.12082922019-09-30
    $0.15$0.13024382019-06-30
    $0.24$0.14364662019-03-31
    $0.32$0.209099999999999982018-12-31
    $0.15$0.072674999999999992018-09-30
    $0.03$0.04082018-06-30
    $0.1$0.06122018-03-31
    $0.17$0.086700000000000012017-12-31
    $0.21$0.06411722017-09-30
    $0.1$-0.0285600000000000022017-06-30
    $0$0.00728282017-03-31
    $-0.19$0.01748282016-12-31
    $-0.02$-0.0170034000000000022016-09-30
    $-0.06$-0.008162016-06-30
    $0.01$-0.02379662016-03-31
    $-0.04$-0.00582422015-12-31
    $-0.03$-0.06122015-09-30
    $-0.07$-0.07820342015-06-30
    $-0.12$0.03399662015-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).