why Etsy Inc [ETSY] is a Good Choice for Investors After New Price Target of $55.11

Etsy Inc [NASDAQ: ETSY] gained 3.89% or 1.89 points to close at $50.42 with a heavy trading volume of 5012704 shares.

The daily chart for ETSY points out that the company has recorded -9.20% loss over the past six months.

If we look at the average trading volume of 3.78M shares, ETSY reached to a volume of 5012704 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Etsy Inc [ETSY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ETSY shares is $55.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ETSY stock is a recommendation set at 2.64. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Etsy Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 19, 2025. While these analysts kept the previous recommendation, Jefferies raised their target price from $45 to $55. The new note on the price target was released on January 13, 2025, representing the official price target for Etsy Inc stock. Previously, the target price had yet another raise to $60, while Needham analysts kept a Buy rating on ETSY stock. On October 15, 2024, analysts decreased their price target for ETSY shares from 70 to 45.

The Average True Range (ATR) for Etsy Inc is set at 2.12, with the Price to Sales ratio for ETSY stock in the period of the last 12 months amounting to 1.92. Price to Free Cash Flow for ETSY in the course of the last twelve months was 7.61 with Quick ratio for the last quarter at 2.00.

Trading performance analysis for ETSY stock

Etsy Inc [ETSY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.99. With this latest performance, ETSY shares gained by 1.94% in over the last four-week period, additionally sinking by -9.20% over the last 6 months – not to mention a drop of -23.49% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ETSY stock in for the last two-week period is set at 58.76, with the RSI for the last a single of trading hit 68.37, and the three-weeks RSI is set at 53.71 for Etsy Inc [ETSY]. The present Moving Average for the last 50 days of trading for this stock 50.60, while it was recorded at 47.95 for the last single week of trading, and 54.03 for the last 200 days.

Etsy Inc [ETSY]: A deeper dive into fundamental analysis

Etsy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.00.

Etsy Inc [ETSY]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ETSY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Etsy Inc go to 12.90%.

An analysis of Institutional ownership at Etsy Inc [ETSY]

There are presently around $117.13%, or 118.37%% of ETSY stock, in the hands of institutional investors. The top three institutional holders of ETSY stocks are: VANGUARD GROUP INC with ownership of 13.44 million shares, which is approximately 11.3502%. BLACKROCK INC., holding 10.14 million shares of the stock with an approximate value of $$598.0 million in ETSY stocks shares; and BLACKROCK INC., currently with $$339.96 million in ETSY stock with ownership which is approximately 4.9506%.