Etsy’s outside tailwinds are fading. Analysts say its growth is speeding up anyway
Etsy Inc ETSY reported third-quarter results on Wednesday. Here are some key analyst takeaways: Guggenheim Securities analyst ...
Model output · Signal date 2026-11-06
Etsy Inc (ETSY) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
Unlock rating and forecasts
90-day forecast
Sign up free to reveal
30-day forecast
Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
48.0%
Spearman, 357 dates
Market Cap
$7.75B
mid-cap · #28 of 60 peers
Summary
Etsy Inc (ETSY) stock forecast summary
Our AI scores Etsy Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Etsy Inc is a mid-cap company with a market capitalization of $7.75B. It ranks number 28 by market capitalization among the 60 Services-Business Services, NEC issuers in our coverage with a current forecast.
For ETSY, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 48.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 20.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ETSY included.
Price
ETSY price chart and AI forecast
Cross-section · 2026-11-06
How ETSY ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-09-30
Etsy Inc (ETSY) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Business Services, NEC peers listed below that report each metric.
Valuation & Market
| Metric | ETSY | Rank |
|---|---|---|
| Market Cap | $7.75B | 28/60 |
| P/E Ratio | 11.14x | 39/44 |
| EPS | $8.07 | – |
| Revenue/Share | $33.34 | – |
| FCF/Share | $6.88 | – |
Profitability & Margins
| Metric | ETSY | Rank |
|---|---|---|
| ROA | 31.2% | 4/40 |
| ROIC | 38.8% | 9/45 |
| Gross Margin | 72.6% | 8/42 |
| Operating Margin | 16.9% | 17/51 |
| Net Margin | 34.4% | 4/42 |
| EBT Margin | 18.4% | 16/53 |
| Tax Rate | 16.3% | – |
Financial Health
| Metric | ETSY | Rank |
|---|---|---|
| Current Ratio | 1.36x | 27/56 |
| Interest Coverage | 10.6x | 16/48 |
| Working Capital | $687M | 16/56 |
Cash Flow
| Metric | ETSY | Rank |
|---|---|---|
| Operating Cash Flow | $598M | 26/54 |
| Free Cash Flow | $593M | 19/45 |
| Capital Spending | -$5M | 10/45 |
| OCF Growth YoY | -13.5% | 40/46 |
| FCF Growth YoY | -11.9% | 31/40 |
| FCF/Sales | 20.6% | 15/45 |
| CapEx/Sales | 0.2% | 39/45 |
Operational Efficiency
| Metric | ETSY | Rank |
|---|---|---|
| Asset Turnover | 0.91x | 18/42 |
| Receivables Turnover | 321.2x | 2/42 |
| Fixed Assets Turnover | 14.7x | 27/44 |
| Days Sales Outstanding | 1 days | 41/42 |
| Payables Period | 9 days | 32/36 |
Income Statement
| Metric | ETSY | Rank |
|---|---|---|
| Total Revenue | $2.87B | 29/48 |
| Operating Income | $486M | 22/52 |
| Net Income | $987M | 13/42 |
| R&D Expense | $425M | 13/26 |
| SG&A Expense | $1.58B | 17/43 |
| Cost of Goods Sold | $787M | 28/43 |
Dividend & Shareholder Information
| Metric | ETSY | Rank |
|---|---|---|
| Shares Outstanding | 86M | – |
| Net Income Growth | 442.0% | 2/33 |
| EPS Growth | 219.0% | 5/38 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $2.60B | 82.2% of assets |
| Cash & Short-term Investments | $2.07B | 65.2% of assets |
| Accounts Receivable | $9M | 0.3% of assets |
| Total Liabilities | $3.85B | |
| Short-term Debt | $1.90B | 59.9% of assets |
Quarterly Financial Reports
ETSY quarterly financials and insider trading
Industry Peers · Services-Business Services, NEC
Etsy Inc (ETSY) industry peers
Companies classified under the same SEC industry code as Etsy Inc (Services-Business Services, NEC): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ETSY Etsy Inc | $7.75B | |
| V Visa Inc. | $775.82B | |
| MA Mastercard Inc | $568.62B | |
| BABA Alibaba Group Holding Ltd | $253.85B | |
| ACN Accenture Plc | $174.28B | |
| UBER Uber Technologies, Inc | $140.49B | |
| PDD Pdd Holdings Inc. | $120.37B | |
| DASH Doordash, Inc. | $78.33B | |
| MELI Mercadolibre Inc | $76.55B | |
| RELX Relx Plc | $73.07B | |
| EBAY Ebay Inc | $53.54B | |
| PYPL Paypal Holdings, Inc. | $49.21B | |
| MSCI Msci Inc. | $45.83B | |
| FISV Fiserv Inc | $33.44B | |
| CPAY Corpay, Inc. | $29.89B | |
| TCOM Trip.Com Group Ltd | $29.06B | |
| GPN Global Payments Inc | $25.77B | |
| BR Broadridge Financial Solutions, Inc. | $21.71B | |
| KSPI Joint Stock Co Kaspi.Kz | $17.44B | |
| RBA Rb Global Inc. | $17.32B | |
| FICO Fair Isaac Corp | $15.22B | |
| FIS Fidelity National Information Services, Inc. | $14.82B | |
| GRAB Grab Holdings Ltd | $13.95B | |
| CART Maplebear Inc. | $13.45B | |
| CSGP Costar Group, Inc. | $12.29B | |
| AKAM Akamai Technologies Inc | $11.94B | |
| WSE Wise Group Plc | $11.42B | |
| HQY Healthequity, Inc. | $8.57B | |
| ANDG Andersen Group Inc. | $7.34B | |
| Z Zillow Group, Inc. | $6.81B | |
| EXLS Exlservice Holdings, Inc. | $6.51B | |
| LYFT Lyft, Inc. | $6.47B | |
| XMTR Xometry, Inc. | $6.25B | |
| WEX Wex Inc. | $5.91B | |
| MBGL Mobility Global Inc. | $5.86B | |
| AMTM Amentum Holdings, Inc. | $5.20B | |
| SEZL Sezzle Inc. | $5.03B | |
| RELY Remitly Global, Inc. | $4.56B | |
| PAY Paymentus Holdings, Inc. | $4.22B | |
| DLO Dlocal Ltd | $4.11B | |
| FOUR Shift4 Payments, Inc. | $3.47B | |
| MMS Maximus, Inc. | $3.43B | |
| TNET Trinet Group, Inc. | $3.05B | |
| CBZ Cbiz, Inc. | $3.03B | |
| PAYO Payoneer Global Inc. | $2.42B | |
| TIC Tic Solutions, Inc. | $2.26B | |
| CNXC Concentrix Corp | $1.85B | |
| LQDT Liquidity Services Inc | $1.37B | |
| NUTX Nutex Health Inc. | $1.36B | |
| RDWR Radware Ltd | $1.30B | |
| QNST Quinstreet, Inc | $1.18B | |
| RSKD Riskified Ltd. | $1.13B | |
| PAYS Paysign, Inc. | $809M | |
| PHR Phreesia, Inc. | $783M | |
| MAX Mediaalpha, Inc. | $736M | |
| CASS Cass Information Systems Inc | $694M | |
| PRTH Priority Technology Holdings, Inc. | $650M | |
| RMNI Rimini Street, Inc. | $484M | |
| ADV Advantage Solutions Inc. | $405M | |
| RPAY Repay Holdings Corp | $395M |
Where ETSY sits on the market map
Trade & Services · Services-Business Services, NEC
News
Etsy Inc (ETSY) stock news
Etsy, Inc.: GMS And Inventory-Free Model Makes Us Re-Evaluate
Etsy demonstrates resilient operating leverage, with a 2025 turnaround from -6.5% to +0.9% YoY GMS growth by Q3. ETSY’s asset-light model and rising take rate (24.9% in Q3 2025) drive high-margin ...
Etsy, Inc. Q3 2026 Earnings Call Summary
CFO Lanny Baker will depart Etsy in March 2027; an executive search for a Brooklyn-based successor is currently underway. The ...
FAQ
Etsy Inc (ETSY) stock forecast FAQ
What is the Etsy Inc (ETSY) stock forecast?
Our AI scores Etsy Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Etsy Inc stock predictions?
For ETSY, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 48.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 20.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Etsy Inc forecasts updated?
Etsy Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Etsy Inc's industry peers?
60 issuers in our coverage, ETSY included, share the SEC industry code Services-Business Services, NEC. The largest are: Visa Inc. (V), Mastercard Inc (MA), Alibaba Group Holding Ltd (BABA), Accenture Plc (ACN), Uber Technologies, Inc (UBER), Pdd Holdings Inc. (PDD).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.