On Nov 01, major Wall Street analysts update their ratings for $Etsy Inc (ETSY.US)$, with price targets ranging from $44 to $65.
Morgan Stanley analyst Nathan Feather maintains with a sell rating, and adjusts the target price from $50 to $47.
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 maintains the target price at $55.
Wells Fargo analyst Ken Gawrelski maintains with a sell rating, and adjusts the target price from $47 to $44.
Evercore analyst Jian Li maintains with a buy rating, and adjusts the target price from $80 to $65.
Furthermore, according to the comprehensive report, the opinions of $Etsy Inc (ETSY.US)$'s main analysts recently are as follows:
The company experienced a gross merchandise sales shortfall, however, it offset this with higher revenue and EBITDA as a result of improved take rates, according to an analyst. The efforts to enhance assortment, search, and the overall consumer experience are in progress, although it is anticipated that headwinds in merchandise sales will continue until there is a stabilization in discretionary demand.
Etsy's recent performance has been a blend of outcomes, with gross merchandise sales growth not meeting expectations, yet this was somewhat counterbalanced by improved take rates and margins. The company continues to face a difficult macro environment for consumer discretionary goods, further compounded by its lack of participation in significant discounting events that are appealing to consumers.
Etsy's Q3 Gross Merchandise Sales were below expectations; however, the outlook for Q4 was more favorable than anticipated. Initiatives in search and app enhancements are viewed as initial measures in a strategic realignment, yet further efforts are anticipated to be necessary to achieve renewed growth.
The company reported robust revenue and adjusted EBITDA figures, despite a somewhat weaker performance in Gross Merchandise Sales. The management cited several challenges faced during the quarter, including Hurricane Helene, significant sports events, elections in the UK and France, and the distraction caused by the U.S. election.
Here are the latest investment ratings and price targets for $Etsy Inc (ETSY.US)$ from 14 analysts:
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美東時間11月1日，多家華爾街大行更新了$Etsy Inc (ETSY.US)$的評級，目標價介於44美元至65美元。
摩根士丹利分析師Nathan Feather維持賣出評級，並將目標價從50美元下調至47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，維持目標價55美元。
富國集團分析師Ken Gawrelski維持賣出評級，並將目標價從47美元下調至44美元。
Evercore分析師Jian Li維持買入評級，並將目標價從80美元下調至65美元。
此外，綜合報道，$Etsy Inc (ETSY.US)$近期主要分析師觀點如下：
該公司經歷了一次總商品銷售額的缺口，然而通過改進的抽成率，實現了更高的營業收入和EBITDA，這是根據一位分析師的說法。 正在努力提升品類、搜索和整體消費者體驗，儘管有望在有選擇性需求穩定之前，商品銷售的逆風將持續。
Etsy近期的表現是各種結果的結合，總商品銷售增長未達到預期，但通過改進的抽成率和利潤率在一定程度上得到了平衡。 該公司繼續面臨着消費品可自由支配性的困難宏觀環境，進一步受到公司不參與重要折扣活動的影響，這些活動吸引了消費者。
Etsy的第三季度總商品銷售低於預期；然而，第四季度的展望比預期更爲有利。 搜索和應用增強方面的舉措被視爲戰略重組的初步措施，預計需要更多努力才能實現再度增長。
儘管總商品銷售表現稍弱，該公司報告的營業收入和調整後的EBITDA數據仍然強勁。 管理層在本季度面臨了幾個挑戰，包括颶風海倫、重大體育賽事、英國和法國的選舉，以及由美國大選造成的干擾。
以下爲今日14位分析師對$Etsy Inc (ETSY.US)$的最新投資評級及目標價：
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