Professional
Added to YB: 2024-10-16
Pitch date: 2024-10-15
ETSY [neutral]
Etsy, Inc.
-6.58%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers worldwide.
Market Cap
$4.3B
Pitch Price
$51.53
Price Target
45.00 (-7%)
Dividend
N/A
EV/EBITDA
12.35
P/E
31.69
EV/Sales
N/A
Sector
Broadline Retail
Category
value
Show full summary:
Goldman Sachs Downgrades Etsy to Sell, Citing Persistent GMS Declines and Market Share Loss
ETSY downgrade: Goldman downgrades to Sell, PT $45. Persistent GMS declines, low growth visibility, expected market share loss in eComm. Risks: potential EBITDA estimate cuts, increased investments impacting margins. High Q4/2025/2026 margin expectations.
Read full article (1 min)