Etsy stock gains as Needham raises price target to $85, citing strong Q1 growth and mobile app momentum.

Etsy shows strong operating leverage with a 2025 turnaround and rising margins by 2027.

Etsy is demonstrating resilient operating leverage, expecting a turnaround in gross merchandise sales (GMS) growth from -6.5% to +0.9% year-over-year by the third quarter of 2025. Its asset-light business model and increasing take-rate, projected to ...