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Etsy reports strong Q3 with 10.9% revenue growth and solid margins, stock seen undervalued with 44% upside.

Company Fundamentals
28 Oct 2026, 21:43 WIB
Seeking Alpha
View Source
Bullish
Etsy reports strong Q3 with 10.9% revenue growth and solid margins, stock seen undervalued with 44% upside.

Etsy, Inc. announced strong third quarter results, showing a 10.9% increase in revenue driven by improved platform momentum and positive user growth. Despite higher marketing expenses, the company maintained strong profit margins. Analysts believe the market undervalues Etsy's stock, estimating a potential 44% price increase to $128.6, with share buybacks possibly boosting the stock further. This signals confidence in Etsy's growth prospects and operational strength going forward.

Etsy trades at USD 92.47 on Pluang as of Oct 29, 2026 02:02 WIB, up 5.49% in one day. The stock's market cap stands at $8.05 billion with a trading volume of 3,680,120 shares. Typical hold time for Etsy on Pluang is 67 days, indicating moderate investor interest.

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