Etsy has been upgraded to a "Buy" rating due to accelerating core marketplace sales and improving profit margins despite a tough macroeconomic environment. The company’s divestitures of Depop and Reverb highlight a strategic shift back to its artisan-focused roots, which is expected to enhance operational focus and cost efficiency. Additionally, Etsy is realizing operational expense efficiencies, with general and administrative costs decreasing as a percentage of revenue, supporting healthier margins. The stock trades at attractive valuation levels supported by positive guidance, a strong cash position, and its unique niche marketplace.
Etsy reported strong Q2 results with better-than-expected growth in Gross Merchandise Sales (GMS), despite revenue impacts from selling off Reverb and Depop. The company’s outlook is positive, supported by GMS growth, stable take rates, and improved ...
Etsy reported strong second-quarter results with a 7.5% year-over-year growth in gross merchandise sales, driven by higher order values and more active buyers. The company announced a 12% reduction in headcount and authorized a $2 billion share buyba...
Etsy, the online marketplace for unique and creative goods, announced that its executives will participate in the Canaccord Genuity 46th Annual Growth Conference in Boston. A webcast fireside chat is scheduled for August 12, 2026, at 8:00 a.m. ET, al...
Etsy's CEO Kruti Patel Goyal highlighted the company's three-pronged AI approach: enhancing personalization, improving discoverability, and developing conversational shopping tools. This strategy has led to a sequential increase of 350,000 active buy...
Missouri voters decisively rejected Amendment 5, which would have ended the state's income tax and expanded sales taxes, due to concerns over tax burden shifts and program cuts. Etsy announced layoffs of about 220 employees, roughly 12% of its workfo...
