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：
該公司經歷了毛利銷售短缺，但通過提高營業收入和EBITDA來抵消這一情況，這是由於改善了抽成率，根據一位分析師的說法。 正在努力提升商品種類、搜索和整體消費者體驗，雖然預計在商品銷售出現變化需求穩定之前，商品銷售方面的困難將持續存在。
Etsy最近的表現是一系列結果的融合，毛利銷售增長未達到預期，但通過改善抽成率和利潤率在一定程度上得到了補償。 該公司繼續面臨消費者自願購買商品的困難宏觀環境，同時由於未參加消費者感興趣的重要折扣活動，形勢變得更加複雜。
Etsy第三季度的毛利銷售低於預期；然而，第四季度的前景比預期更爲有利。 搜索和應用增強措施被認爲是戰略重整的初步措施，然而預計需要進一步努力以實現續期增長。
儘管毛利銷售表現稍弱，該公司報告的營業收入和調整後的EBITDA數據強勁。 管理層在本季度面臨了幾個挑戰，包括Helene颶風、英國和法國的重要體育賽事、選舉，以及美國大選帶來的分散注意力。
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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