Etsy stock

ETSYNYSE

Etsy, Inc., Consumer CyclicalISIN US29786A1060

$88.29▼ $0.06 (−0.1%)Closing price of 12 Nov 2026

80Score 80 out of 100, Strong

Turn on early warning

Price and trend

81 / 100

Price history

+38% in one year

The chart shows daily closes over 12 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

TrendAbove the 200-day line, momentum normal

Long-term trend

Above the 200-day line: the price is 27% above it.

Trend change

Since June 2026 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Normal: the price is neither overheated nor sold off (RSI 52).

Distance to the high

The price is 8.3% below its 52-week high. Largest decline in 12 years: 86% (November 2021 to April 2025).

Chart figures for advanced users

SMA 50$80.06: Average price of the last 50 trading days, shows the short-term trend.
SMA 200$69.58: Average price of the last 200 trading days, shows the long-term trend.
RSI (14)52: Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDbelow the signal line: Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$44.05: The lowest closing price of the last twelve months.
Resistance$96.24: The highest closing price of the last twelve months.

What would $1,000 in Etsy have become?Return triangle for Etsy

Market cap

$7.62B

Div. yield

no dividend

23.2

includes one-off items, adjusted 23.3

18.6

on earnings for the next twelve months ($4.75 per share)

Fair value

$133.49

Snapshot

Computed from the data by fixed rules, no AI

Etsy, Inc. belongs to the Specialty Retail industry (United States) and, with a market value of $7.61B, is number 36 of 86 companies in its industry on MEQIRI.
In fiscal 2025 it reported revenue of $2.88B (up 2.7% year on year) and earnings of $162.98M (down 46.3%).
For fiscal 2026, analysts expect on average revenue of $2.89B (up 0.2%) and adjusted earnings per share of $4.20 (up 85.7%).

MEQIRI Score 80 out of 100 (Strong): rank 26 of 602 in Consumer Cyclical, median 61.
Our model puts fair value at $133.49, with the price 34% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

High return on capitalReturn on invested capital 51.3% in fiscal 2025, Specialty Retail median 8.1%.Profitability 98
Share buybacksShare count down 19% since 2020.Capital allocation 89
Below fair valuePrice 34% below the fair value of $133.49.Valuation 75

Weaknesses

Volatile share priceVolatility 49% a year over the last 12 months.Stability 62
Earnings per share fallingDown 10.2% a year since 2020.Growth 51

80/ 100

Score

Strong

Its standout strengths are profitability and momentum.

Daily figure as of 12 Nov 2026

How the score is calculated

Score overview

Fundamentals are strong, with stable profits.

Profit consistency80% of years

Cash conversion (free cash flow to earnings, 12 months)not measured

ROIC (12 months)99.1%

Positive free cash flow100% of years

How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk low

How well MEQIRI warns

One of the 30% with the lowest crash risk among smaller stocks.

From 2016 to 2025, 14 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.

What drives the risk

price up very strongly over the past year

What lowers it

solid fundamentals
price near its 52-week high
stable momentum

Valuation

Valuation signal

Significantly undervalued

Price

$88.35

Fair value

$133.49

Gap to fair value

−34%

Closing price of 11 Nov 2026, used by the daily score.

In our model the price counts as cheap below $95.35 and expensive above $222.48 (uncertainty high, based on the price swings of the past year).

Calculated with a cost of equity of 8.9%. At 9.9% the fair value would be $112.45, at 7.9% it would be $164.84.

Valuation metrics

1.68

18.9

Fair value (model)

$133.49

From the cash-flow model alone; the profit includes one-off items, so there is no industry value.

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

14 years

In the twelve months to 30 Sep 2026, revenue rose 2.1% on the twelve months before. Revenue has grown strongly since 2012, at around 32% per year.

Margins

14 years

Gross margin
Operating margin
Net margin

In fiscal 2025: gross 72%, operating 13%, net 6%.

Debt & balance sheet

latest quarter

−2.8

14.3x

1.36

Cash & equivalents

$2.31B

Meaningfully leveraged, but the interest bill is comfortably covered.

Earnings

Next earnings: 18 Feb 2027in 98 days
Last reported: 28 Oct 2026EPS reported $1.00 (expected $0.76)above expectations

Analyst estimates

Analysts have raised their 2026 earnings estimate by 26.4% since 15 Oct 2026.

Fiscal 202622 analysts

Earnings per share: $4.20+26.4%
Revenue: $2.89B+1.4%

Fiscal 202722 analysts

Earnings per share: $4.84+6.1%
Revenue: $3.04B+1.9%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlookRaised on 28 Oct 2026

Company outlook raised

Share price after the results: +4.5%

Etsy raised its full year outlook for adjusted EBITDA margin to roughly 30%, up from a lower prior view, with full year GMS growth expected at about 7%.

Supporting passage from the call, verbatim

“For the full year, we now anticipate that GMS growth will be approximately 7%, take rate to be about 25.8%, and our full year adjusted EBITDA margin outlook moves up to roughly 30%.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 28 Oct 2026 (fiscal Q3 2026), read by AI.

InsidersNo buys in the last 6 months, 9 insiders sold

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

No open-market purchases in the last 6 months. 9 insiders sold, $49.22M in total.

Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.

Baker CharlesSale
3 Nov 2026, Chief Financial Officer
Shares
1,407
Price
$91.42
Value
$128,624
Silverman JoshSale
2 Nov 2026, Board
Shares
41,500
Price
$92.13
Value
$3.82M
Silverman JoshSale
30 Oct 2026, Board
Shares
1,189
Price
$88.71
Value
$105,470

Show 35 more

Minor BradleySale
29 Oct 2026, Chief Marketing Officer
Shares
4,444
Price
$92.33
Value
$410,315
Wilson Frederick RSale
29 Oct 2026, Board
Shares
28,527
Price
$91.39
Value
$2.61M
Blow Marla JSale
29 Oct 2026, Board
Shares
6,000
Price
$92.67
Value
$556,020
Buckley MerileeSale
15 Oct 2026, CHIEF ACCOUNTING OFFICER
Shares
5,076
Price
$90.00
Value
$456,840
Reiff MelissaSale
15 Oct 2026, Board
Shares
942
Price
$90.00
Value
$84,780
Silverman JoshSale
15 Oct 2026, Board
Shares
417
Price
$84.47
Value
$35,224
Silverman JoshSale
13 Oct 2026, Board
Shares
714
Price
$79.00
Value
$56,406
Silverman JoshSale
8 Oct 2026, Board
Shares
383
Price
$74.00
Value
$28,342
Colburn Richard Edward IIISale
5 Oct 2026, Chief Product & Tech Officer
Shares
4,472
Price
$71.31
Value
$318,889
Buckley MerileeSale
5 Oct 2026, CHIEF ACCOUNTING OFFICER
Shares
1,396
Price
$71.35
Value
$99,605
Silverman JoshSale
1 Oct 2026, Board
Shares
2,090
Price
$72.45
Value
$151,413
Colburn Richard Edward IIISale
3 Sept 2026, Chief Product & Tech Officer
Shares
2,913
Price
$82.11
Value
$239,174
Silverman JoshSale
3 Sept 2026, Board
Shares
1,671
Price
$84.00
Value
$140,364
Wilson Frederick RSale
1 Sept 2026, Board
Shares
20,000
Price
$81.86
Value
$1.64M
Silverman JoshSale
1 Sept 2026, Board
Shares
11,696
Price
$81.85
Value
$957,265
Ballard Charles AndrewSale
26 Aug 2026, Board
Shares
4,500
Price
$81.85
Value
$368,325
Buckley MerileeSale
17 Aug 2026, CHIEF ACCOUNTING OFFICER
Shares
405
Price
$79.50
Value
$32,197
Blow Marla JSale
17 Aug 2026, Board
Shares
300
Price
$79.56
Value
$23,868
Colburn Richard Edward IIISale
10 Aug 2026, Chief Product & Tech Officer
Shares
8,252
Price
$82.09
Value
$677,394
Baker CharlesSale
4 Aug 2026, Chief Financial Officer
Shares
1,564
Price
$85.88
Value
$134,312
Silverman JoshSale
4 Aug 2026, Board
Shares
6,294
Price
$84.00
Value
$528,696
Wilson Frederick RSale
3 Aug 2026, Board
Shares
20,000
Price
$83.22
Value
$1.66M
Silverman JoshSale
3 Aug 2026, Board
Shares
41,108
Price
$83.11
Value
$3.42M
Reiff MelissaSale
15 Jul 2026, Board
Shares
3,855
Price
$85.00
Value
$327,675
Silverman JoshSale
15 Jul 2026, Board
Shares
22,881
Price
$84.00
Value
$1.92M
Silverman JoshSale
10 Jul 2026, Board
Shares
39,161
Price
$79.00
Value
$3.09M
Buckley MerileeSale
6 Jul 2026, CHIEF ACCOUNTING OFFICER
Shares
881
Price
$75.35
Value
$66,385
Wilson Frederick RSale
1 Jul 2026, Board
Shares
20,000
Price
$74.39
Value
$1.49M
Silverman JoshSale
1 Jul 2026, Board
Shares
92,404
Price
$74.93
Value
$6.92M
Silverman JoshSale
24 Jun 2026, Board
Shares
97,389
Price
$79.00
Value
$7.69M
Reiff MelissaSale
17 Jun 2026, Board
Shares
3,544
Price
$75.00
Value
$265,800
Silverman JoshSale
16 Jun 2026, Board
Shares
52,479
Price
$74.00
Value
$3.88M
Silverman JoshSale
15 Jun 2026, Board
Shares
50,000
Price
$72.50
Value
$3.63M
Wilson Frederick RSale
22 May 2026, Board
Shares
20,000
Price
$61.63
Value
$1.23M
Blow Marla JSale
15 May 2026, Board
Shares
300
Price
$58.25
Value
$17,474

Trade date	Person	Type	Shares	Price	Value	Holding
3 Nov 2026	Baker CharlesChief Financial Officer	Sale	1,407	$91.42	$128,624	15,958
2 Nov 2026	Silverman JoshBoard	Sale	41,500	$92.13	$3.82M	221,117
30 Oct 2026	Silverman JoshBoard	Sale	1,189	$88.71	$105,470	262,617
29 Oct 2026	Minor BradleyChief Marketing Officer	Sale	4,444	$92.33	$410,315	20,051
29 Oct 2026	Wilson Frederick RBoard	Sale	28,527	$91.39	$2.61M	400,000
29 Oct 2026	Blow Marla JBoard	Sale	6,000	$92.67	$556,020	7,024
15 Oct 2026	Buckley MerileeCHIEF ACCOUNTING OFFICER	Sale	5,076	$90.00	$456,840	0
15 Oct 2026	Reiff MelissaBoard	Sale	942	$90.00	$84,780	16,671
15 Oct 2026	Silverman JoshBoard	Sale	417	$84.47	$35,224	262,617
13 Oct 2026	Silverman JoshBoard	Sale	714	$79.00	$56,406	262,617
8 Oct 2026	Silverman JoshBoard	Sale	383	$74.00	$28,342	262,234
5 Oct 2026	Colburn Richard Edward IIIChief Product & Tech Officer	Sale	4,472	$71.31	$318,889	6,503
5 Oct 2026	Buckley MerileeCHIEF ACCOUNTING OFFICER	Sale	1,396	$71.35	$99,605	0
1 Oct 2026	Silverman JoshBoard	Sale	2,090	$72.45	$151,413	262,617
3 Sept 2026	Colburn Richard Edward IIIChief Product & Tech Officer	Sale	2,913	$82.11	$239,174	6,503
3 Sept 2026	Silverman JoshBoard	Sale	1,671	$84.00	$140,364	249,559
1 Sept 2026	Wilson Frederick RBoard	Sale	20,000	$81.86	$1.64M	401,329
1 Sept 2026	Silverman JoshBoard	Sale	11,696	$81.85	$957,265	249,559
26 Aug 2026	Ballard Charles AndrewBoard	Sale	4,500	$81.85	$368,325	4,239
17 Aug 2026	Buckley MerileeCHIEF ACCOUNTING OFFICER	Sale	405	$79.50	$32,197	0
17 Aug 2026	Blow Marla JBoard	Sale	300	$79.56	$23,868	13,024
10 Aug 2026	Colburn Richard Edward IIIChief Product & Tech Officer	Sale	8,252	$82.09	$677,394	6,503
4 Aug 2026	Baker CharlesChief Financial Officer	Sale	1,564	$85.88	$134,312	11,357
4 Aug 2026	Silverman JoshBoard	Sale	6,294	$84.00	$528,696	249,559
3 Aug 2026	Wilson Frederick RBoard	Sale	20,000	$83.22	$1.66M	421,329
3 Aug 2026	Silverman JoshBoard	Sale	41,108	$83.11	$3.42M	421,491
15 Jul 2026	Reiff MelissaBoard	Sale	3,855	$85.00	$327,675	17,613
15 Jul 2026	Silverman JoshBoard	Sale	22,881	$84.00	$1.92M	139,884
10 Jul 2026	Silverman JoshBoard	Sale	39,161	$79.00	$3.09M	139,884
6 Jul 2026	Buckley MerileeCHIEF ACCOUNTING OFFICER	Sale	881	$75.35	$66,385	405
1 Jul 2026	Wilson Frederick RBoard	Sale	20,000	$74.39	$1.49M	441,329
1 Jul 2026	Silverman JoshBoard	Sale	92,404	$74.93	$6.92M	139,884
24 Jun 2026	Silverman JoshBoard	Sale	97,389	$79.00	$7.69M	130,694
17 Jun 2026	Reiff MelissaBoard	Sale	3,544	$75.00	$265,800	17,613
16 Jun 2026	Silverman JoshBoard	Sale	52,479	$74.00	$3.88M	130,694
15 Jun 2026	Silverman JoshBoard	Sale	50,000	$72.50	$3.63M	130,694
22 May 2026	Wilson Frederick RBoard	Sale	20,000	$61.63	$1.23M	481,329
15 May 2026	Blow Marla JBoard	Sale	300	$58.25	$17,474	8,591

Show 30 more

Partial trades from one filing are shown in one row, with the average price.

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at Etsy3 events in recent months

What happened at Etsy

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparisonRank 26 of 602 in Consumer Cyclical

Sector comparison

602 rated companies in Consumer Cyclical

Rank 26 of 602

26/ 602

This company: 80
Sector median: 61

Categories against the sector median

ProfitabilityMedian of 602 companies98 (median 53)45 above the median

GrowthMedian of 602 companies51 (median 60)9 below the median

FundamentalsMedian of 602 companies88 (median 73)15 above the median

ValuationMedian of 580 companies with a value75 (median 72)3 above the median

StabilityMedian of 602 companies62 (median 62)0 at the median

Capital allocationMedian of 602 companies89 (median 58)31 above the median

Technical analysisMedian of 602 companies81 (median 63)18 above the median

MomentumMedian of 602 companies95 (median 62)33 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Specialty Retail

The next larger and next smaller companies by market value

All 86 Specialty Retail stocks

ETFs that hold EtsyHeld by 18 ETFs on Xetra

ETFs that hold Etsy

Held by 18 ETFs on Xetra. Shown per index: the ETF with the largest weight.

ETF	Weight	Cost	Fund size
L&G Ecommerce Logistics UCITS ETFETLH	2.48%	0.49%	€62.57M
VanEck Morningstar US ESG Wide Moat UCITS ETFGMVM	1.96%	0.49%	€368.7M
UBS Global Gender Equality UCITS ETF hEUR accGGUE	1.18%	0.23%	€188.95M

Show 5 more

iShares S&P SmallCap 600 UCITS ETFIUS3	0.46%	0.30%	€2.28B
iShares Digitalisation UCITS ETF2B79	0.34%	0.40%	€726.22M
iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG	0.16%	0.43%	€2.48B
Invesco Global Buyback Achievers UCITS ETFBBCK	0.13%	0.39%	€188.08M
Franklin U.S. Equity UCITS ETFFLXU	0.12%	0.20%	€55.89M

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sourcesWhen it was calculated, from which sources

Data status and sources

Score: Daily value of 12 Nov 2026, recalculated nightly
Price: Closing price of 12 Nov 2026
Latest annual report: Fiscal year 2025, period end 31 Dec 2025
Source: Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Original filings at the SEC Report a data error

Mandatory disclosures for this rating

Computed on 12 Nov 2026, 03:20 Berlin time; time horizon around 12 months
Rated Strong, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
Valuation signal Undervalued since 7 Nov 2026
End-of-day prices, metrics cached for up to 24 hours
Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

Full disclosures, methodology and data sources All ratings of the last 12 months How the score is calculated

Etsy stock

Price and trend

Price history

Snapshot

In plain words

Strengths

Weaknesses

Score overview

Score history

Crash risk low

Valuation

Valuation signal

Valuation metrics

Company performance

Revenue

Revenue

Revenue

Earnings (net income)

Operating income

Earnings per share

Free cash flow

Operating cash flow

Shares outstanding

Shareholders' equity

Margins

Returns on capital

Cash and debt

Debt & balance sheet

Earnings

Analyst estimates

Company outlook raised

Insiders

What happened at Etsy

Sector comparison

Categories against the sector median

Competitors in Specialty Retail

ETFs that hold Etsy

Data status and sources

Mandatory disclosures for this rating