ETSY INC (ETSY) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does ETSY INC Do?
Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels. Further, the company provides various seller tools, including Shop Manager dashboard, a centralized hub for Etsy sellers to track orders, manage inventory, view metrics and statistics, and have conversations with their customers; and Sell on Etsy, an application to enable enhanced onboarding and video uploading. Additionally, it offers Etsy seller analytics pages that provides insights regarding traffic acquisition for their shops; Targeted Offers, a sales and promotions tool, and social media tool; and accounting and bookkeeping services. The company also provides educational resources comprising blog posts, video tutorials, Etsy Seller Handbook, Etsy.com online forums, and insights; Etsy Teams, a platform to build personal relationships with other Etsy sellers; and a Star Seller program. As of December 31, 2021, it connected a total of 7.5 million active sellers to 96.3 million active buyers; and had 120 million items for sale. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York. ETSY INC (ETSY) is classified as a mid-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Joshua G. Silverman and employs approximately 2,790 people, headquartered in New York, New York. With a market capitalization of $4.8B, ETSY is one of the notable companies in the Industrials sector.
ETSY INC (ETSY) Stock Rating — Reduce (April 2026)
As of April 2026, ETSY INC receives a Reduce rating with a composite score of 42.1/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.ETSY ranks #2,715 out of 4,446 stocks in our coverage universe. Within the Industrials sector, ETSY INC ranks #447 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
ETSY Stock Price and 52-Week Range
ETSY INC (ETSY) currently trades at $52.69. The stock lost $0.73 (1.4%) in the most recent trading session. The 52-week high for ETSY is $76.52, which means the stock is currently trading -31.1% from its annual peak. The 52-week low is $40.05, putting the stock 31.6% above its annual trough. Recent trading volume was 1.9M shares, reflecting moderate market activity.
Is ETSY Overvalued or Undervalued? — Valuation Analysis
ETSY INC (ETSY) carries a value factor score of 55/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 47.36x, compared to the Industrials sector average of 28.33x — a premium of 67%. The price-to-sales ratio is 1.95x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, ETSY trades at 30.26x EV/EBITDA, versus 5.70x for the sector.
Overall, ETSY's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
ETSY INC Profitability — ROE, Margins, and Quality Score
ETSY INC (ETSY) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is -33.8%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 3.9% versus the sector average of 3.3%.
On a margin basis, ETSY INC reports gross margins of 71.3%, compared to 35.8% for the sector. The operating margin is 8.3% (sector: 6.2%). Net profit margin stands at 4.0%, versus 3.9% for the average Industrials stock. Revenue growth is running at 4.7% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
ETSY Debt, Balance Sheet, and Financial Health
ETSY INC has a debt-to-equity ratio of -268.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.44x, suggesting adequate working capital coverage. Total debt on the balance sheet is $2.33B. Cash and equivalents stand at $1.25B.
ETSY has a beta of 0.99, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for ETSY INC is 49/100, reflecting average volatility within the normal range for its sector.
ETSY INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, ETSY INC reported revenue of $2.66B and earnings per share (EPS) of $1.59. Net income for the quarter was $110M. Gross margin was 71.3%. Operating income came in at $224M.
In FY 2025, ETSY INC reported revenue of $2.88B and earnings per share (EPS) of $1.59. Net income for the quarter was $163M. Gross margin was 71.6%. Revenue grew 2.7% year-over-year compared to FY 2024. Operating income came in at $266M.
In Q3 2025, ETSY INC reported revenue of $678M and earnings per share (EPS) of $0.76. Net income for the quarter was $76M. Gross margin was 71.3%. Revenue grew 2.4% year-over-year compared to Q3 2024. Operating income came in at $83M.
In Q2 2025, ETSY INC reported revenue of $673M and earnings per share (EPS) of $0.28. Net income for the quarter was $29M. Gross margin was 71.2%. Revenue grew 3.8% year-over-year compared to Q2 2024. Operating income came in at $76M.
Over the past 8 quarters, ETSY INC has demonstrated a growth trajectory, with revenue expanding from $648M to $2.66B. Investors analyzing ETSY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
ETSY Dividend Yield and Income Analysis
ETSY INC (ETSY) does not currently pay a dividend. This is common among smaller companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
ETSY Momentum and Technical Analysis Profile
ETSY INC (ETSY) has a momentum factor score of 38/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 31/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 12/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
ETSY vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, ETSY INC (ETSY) ranks #447 out of 752 stocks based on the Blank Capital composite score. This places ETSY in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing ETSY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ETSY vs S&P 500 (SPY) comparison to assess how ETSY INC stacks up against the broader market across all factor dimensions.
ETSY Next Earnings Date
No upcoming earnings date has been announced for ETSY INC (ETSY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy ETSY? — Investment Thesis Summary
The quantitative profile for ETSY INC suggests caution. Momentum is weak at 38/100, a headwind for near-term performance.
In summary, ETSY INC (ETSY) earns a Reduce rating with a composite score of 42.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ETSY stock.
Related Resources for ETSY Investors
Explore more research and tools: ETSY vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ETSY head-to-head with peers: ETSY vs SOBO, ETSY vs TEN, ETSY vs GLDD.