On Oct 31, major Wall Street analysts update their ratings for $Etsy Inc (ETSY.US)$, with price targets ranging from $45 to $105.
Citi analyst Ygal Arounian maintains with a hold rating, and adjusts the target price from $65 to $54.
Barclays analyst Trevor Young maintains with a hold rating, and adjusts the target price from $60 to $55.
Loop Capital analyst Laura Champine maintains with a sell rating, and maintains the target price at $45.
Needham analyst Bernie McTernan maintains with a buy rating, and maintains the target price at $60.
KeyBanc analyst Ashley Owens maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Etsy Inc (ETSY.US)$'s main analysts recently are as follows:
The company experienced a shortfall in gross merchandise sales, although it surpassed expectations in revenue and EBITDA due to improved take rate expansion. Efforts are being made to enhance assortment, search functionality, and the overall consumer experience. Nevertheless, it is anticipated that headwinds in merchandise sales will continue until there is a stabilization in discretionary demand.
Etsy's recent performance revealed a mixed outcome, with gross merchandise sales growth falling short of expectations, counterbalanced by improved take rates and margins. The company continues to face a tough discretionary consumer goods environment without the benefit of participating in significant discounting events that are currently appealing to shoppers.
Etsy's recent performance showcased strong revenue and adjusted EBITDA, albeit with Gross Merchandise Sales that didn't quite meet expectations. The company also acknowledged several challenges faced during the quarter, which included Hurricane Helene, significant sports events, and elections in the UK and France, as well as the distraction posed by the U.S. election.
Here are the latest investment ratings and price targets for $Etsy Inc (ETSY.US)$ from 9 analysts:
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美東時間10月31日，多家華爾街大行更新了$Etsy Inc (ETSY.US)$的評級，目標價介於45美元至105美元。
花旗分析師Ygal Arounian維持持有評級，並將目標價從65美元下調至54美元。
巴克萊銀行分析師Trevor Young維持持有評級，並將目標價從60美元下調至55美元。
Loop Capital分析師Laura Champine維持賣出評級，維持目標價45美元。
Needham分析師Bernie McTernan維持買入評級，維持目標價60美元。
KeyBanc分析師Ashley Owens維持持有評級。
此外，綜合報道，$Etsy Inc (ETSY.US)$近期主要分析師觀點如下：
公司的總商品銷售額出現了短缺，儘管由於提高的佣金收入拓展，超出了營業收入和EBITDA的預期。正在努力改善商品分類、搜索功能和整體消費者體驗。然而，預計商品銷售的不利因素將持續，直到自由支出需求穩定爲止。
Etsy最近的表現呈現出了一種複合結果，總商品銷售額增長未達預期，但由於提高的佣金率和利潤率，得以抵消。公司繼續面臨着嚴峻的自由支出消費品環境，而無法享受目前吸引購物者的重大折扣活動的好處。
Etsy最近的業績展示出強勁的營業收入和調整後的EBITDA，儘管總商品銷售額未能完全達到預期。公司還承認在本季度面臨了幾項挑戰，包括颶風海倫、重大體育賽事，以及英法大選，以及美國大選帶來的干擾。
以下爲今日9位分析師對$Etsy Inc (ETSY.US)$的最新投資評級及目標價：
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