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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美东时间10月31日，多家华尔街大行更新了$Etsy Inc (ETSY.US)$的评级，目标价介于45美元至105美元。
花旗分析师Ygal Arounian维持持有评级，并将目标价从65美元下调至54美元。
巴克莱银行分析师Trevor Young维持持有评级，并将目标价从60美元下调至55美元。
Loop Capital分析师Laura Champine维持卖出评级，维持目标价45美元。
Needham分析师Bernie McTernan维持买入评级，维持目标价60美元。
KeyBanc分析师Ashley Owens维持持有评级。
此外，综合报道，$Etsy Inc (ETSY.US)$近期主要分析师观点如下：
公司的总商品销售出现不足，尽管由于提高了费率扩张，它在营业收入和EBITDA上表现强于预期。正在努力增强商品种类、搜索功能和整体消费者体验。然而，预计在没有离散需求稳定之前，商品销售方面的逆风将持续。
Etsy最近的表现呈现出不尽人意的结果，总商品销售增长不及预期，但费率和利润率有所改善。该公司继续面临严峻的离散消费品环境，而无法参与当前吸引购物者的重大折扣活动。
Etsy最近的表现显示出强劲的营业收入和调整后的EBITDA，尽管总商品销售未能完全符合预期。该公司还承认季度中面临了几个挑战，包括飓风海伦、重大体育赛事、英国和法国的选举，以及美国选举带来的干扰。
以下为今日9位分析师对$Etsy Inc (ETSY.US)$的最新投资评级及目标价：
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