(ETSY) Etsy - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US29786A1060

Marketplace, Advertising, Payments, Shipping, Labels

Stock: Broadline Retail
Age 10.8y

MCap 6,122m
Avg Vol 2.79M (165M USD)

Beta 0.947
Volatility 49.07%

EPS (Earnings per Share)

EPS CAGR: -1.99%
EPS Trend: 14.0%

Last SUE: -2.47
Qual. Beats: 0

Revenue

Rev. CAGR: -1.48%
Rev. Trend: 27.0%

Last SUE: 1.74
Qual. Beats: 3

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	49.1%
Value at Risk 5%th	76.5%
Relative Tail Risk	-5.22%

Reward TTM
Sharpe Ratio	0.49
Alpha	-0.59
CAGR/Max DD	-0.33

Character TTM
Hurst Exponent	0.626
Beta	0.947
Beta Downside	1.228

Drawdowns 3y
Max DD	72.47%
Mean DD	53.87%
Median DD	57.61%

Description: ETSY Etsy January 08, 2026

Etsy, Inc. (NASDAQ:ETSY) runs three two-sided marketplaces-Etsy (hand-made and vintage goods), Reverb (musical instruments), and Depop (fashion resale)-that match independent sellers with global buyers.

The company monetizes these platforms through listing fees, transaction commissions, off-site advertising, payment processing, and optional seller services such as on-site ads, shipping labels, and the Etsy Share & Save fee-reduction program.

Key recent metrics (FY 2023): revenue of approximately $2.6 billion, a 12 % year-over-year increase in gross merchandise volume (GMV), and an active-buyer base of roughly 90 million, with a take-rate (gross merchandise revenue ÷ GMV) of about 6.5 %.

Macro-level drivers include discretionary-spending trends tied to inflation and consumer confidence, as well as the broader e-commerce shift toward niche and peer-to-peer platforms, which historically grow faster than the overall retail sector.

Given the mix of organic growth in the artisan market and the potential for cross-selling between Etsy, Reverb, and Depop, the stock’s upside hinges on sustaining seller acquisition while managing take-rate pressure from competitive advertising options.

For a deeper quantitative dive, the ValueRay platform offers granular metrics and scenario analysis.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 182.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.25 > 0.02 and ΔFCF/TA -4.31 > 1.0
NWC/Revenue: 43.05% < 20% (prev 27.43%; Δ 15.61% < -1%)
CFO/TA 0.26 > 3% & CFO 691.2m > Net Income 182.2m
Net Debt (1.83b) to EBITDA (534.9m): 3.41 < 3
Current Ratio: 3.17 > 1.5 & < 3
Outstanding Shares: last quarter (125.0m) vs 12m ago -4.43% < -2%
Gross Margin: 72.04% > 18% (prev 0.71%; Δ 7133 % > 0.5%)
Asset Turnover: 112.0% > 50% (prev 114.6%; Δ -2.56% > 0%)
Interest Coverage Ratio: 45.63 > 6 (EBITDA TTM 534.9m / Interest Expense TTM 9.46m)

Altman Z'' (< 1.1 .. > 2.6) 0.52

A: 0.46 (Total Current Assets 1.79b - Total Current Liabilities 565.1m) / Total Assets 2.65b
B: -0.90 (Retained Earnings -2.38b / Total Assets 2.65b)
C: 0.17 (EBIT TTM 431.6m / Avg Total Assets 2.55b)
D: -0.69 (Book Value of Equity -2.61b / Total Liabilities 3.77b)
Altman-Z'' Score: 0.52 = B

ValueRay F-Score (Strict, 0-100) 69.01

1. Piotroski: 6.0pt
2. FCF Yield: 8.54%
3. FCF Margin: 23.01%
4. Debt/Equity: -2.76
5. Debt/Ebitda: 3.41
6. ROIC - WACC: 15.04%
7. RoE: -18.65%
8. Revenue Trend: 26.97%
9. EPS Trend: 13.97%

What is the price of ETSY shares?

As of January 22, 2026, the stock is trading at USD 60.99 with a total of 3,370,854 shares traded.
Over the past week, the price has changed by -0.96%, over one month by +9.44%, over three months by -15.22% and over the past year by +17.18%.

Is ETSY a buy, sell or hold?

Etsy has received a consensus analysts rating of 3.31. Therefor, it is recommend to hold ETSY.

Strong Buy: 7
Buy: 3
Hold: 18
Sell: 1
Strong Sell: 3

What are the forecasts/targets for the ETSY price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	66.9	9.7%
Analysts Target Price	66.9	9.7%
ValueRay Target Price	51.8	-15.1%

ETSY Fundamental Data Overview January 19, 2026

P/E Trailing = 41.7365
P/E Forward = 22.5225
P/S = 2.145
P/B = 21.4211
P/EG = 2.6926
Revenue TTM = 2.85b USD
EBIT TTM = 431.6m USD
EBITDA TTM = 534.9m USD
Long Term Debt = 2.98b USD (from longTermDebt, last quarter)
Short Term Debt = 1.20m USD (from shortTermDebt, last quarter)
Debt = 3.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.83b USD (from netDebt column, last quarter)
Enterprise Value = 7.69b USD (6.12b + Debt 3.08b - CCE 1.51b)
Interest Coverage Ratio = 45.63 (Ebit TTM 431.6m / Interest Expense TTM 9.46m)
EV/FCF = 11.71x (Enterprise Value 7.69b / FCF TTM 656.8m)
FCF Yield = 8.54% (FCF TTM 656.8m / Enterprise Value 7.69b)
FCF Margin = 23.01% (FCF TTM 656.8m / Revenue TTM 2.85b)
Net Margin = 6.38% (Net Income TTM 182.2m / Revenue TTM 2.85b)
Gross Margin = 72.04% ((Revenue TTM 2.85b - Cost of Revenue TTM 797.9m) / Revenue TTM)
Gross Margin QoQ = 71.29% (prev 71.23%)
Tobins Q-Ratio = 2.90 (Enterprise Value 7.69b / Total Assets 2.65b)
Interest Expense / Debt = 0.18% (Interest Expense 5.68m / Debt 3.08b)
Taxrate = 18.01% (16.6m / 92.1m)
NOPAT = 353.9m (EBIT 431.6m * (1 - 18.01%))
Current Ratio = 3.17 (Total Current Assets 1.79b / Total Current Liabilities 565.1m)
Debt / Equity = -2.76 (negative equity) (Debt 3.08b / totalStockholderEquity, last quarter -1.11b)
Debt / EBITDA = 3.41 (Net Debt 1.83b / EBITDA 534.9m)
Debt / FCF = 2.78 (Net Debt 1.83b / FCF TTM 656.8m)
Total Stockholder Equity = -976.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.15% (Net Income 182.2m / Total Assets 2.65b)
RoE = -18.65% (negative equity) (Net Income TTM 182.2m / Total Stockholder Equity -976.6m)
RoCE = 21.54% (EBIT 431.6m / Capital Employed (Equity -976.6m + L.T.Debt 2.98b))
RoIC = 21.35% (NOPAT 353.9m / Invested Capital 1.66b)
WACC = 6.31% (E(6.12b)/V(9.20b) * Re(9.40%) + D(3.08b)/V(9.20b) * Rd(0.18%) * (1-Tc(0.18)))
Discount Rate = 9.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.34%
[DCF Debug] Terminal Value 85.10% ; FCFF base≈678.0m ; Y1≈706.6m ; Y5≈812.5m
Fair Price DCF = 196.6 (EV 21.24b - Net Debt 1.83b = Equity 19.41b / Shares 98.7m; r=6.31% [WACC]; 5y FCF grow 4.47% → 2.90% )
EPS Correlation: 13.97 | EPS CAGR: -1.99% | SUE: -2.47 | # QB: 0
Revenue Correlation: 26.97 | Revenue CAGR: -1.48% | SUE: 1.74 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.46 | Chg30d=+0.006 | Revisions Net=-4 | Analysts=19
EPS next Year (2026-12-31): EPS=2.52 | Chg30d=+0.015 | Revisions Net=-19 | Growth EPS=+85.2% | Growth Revenue=+2.9%

Additional Sources for ETSY Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle