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：
公司在總商品銷售額方面存在一定的不足，儘管由於提高的交易費率，營業收入和EBITDA超出預期。目前正在努力改善商品種類、搜索功能以及整體消費者體驗。然而，預計在商品銷售方面將持續受到阻力，直至在自由度需求穩定之前。
Etsy最近的表現呈現出一種混合結果，總商品銷售增長落後預期，但交易費率和利潤率有所提高。公司仍然面臨着嚴峻的自由度消費品環境，沒有參與吸引購物者的重大折扣活動的優勢。
Etsy最近的表現展示了強勁的營業收入和調整後的EBITDA，儘管總商品銷售並未完全達到預期。公司還承認在本季度面臨了一些挑戰，包括颶風Helene、重大體育賽事、英國和法國的選舉，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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