Morgan Stanley has revised its price target for Etsy (ETSY, Financial), decreasing it from $44 to $40. The decision comes as part of a broader reassessment of estimates for North American internet stocks, which have been influenced by macroeconomic factors and tariff implications affecting the e-commerce and digital advertising sectors.
Despite this adjustment, Morgan Stanley maintains an Underweight rating for Etsy shares. This reflects ongoing concerns about the pressures facing the e-commerce industry, particularly in light of current economic conditions and policy impacts.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 29 analysts, the average target price for Etsy Inc (ETSY, Financial) is $54.88 with a high estimate of $92.45 and a low estimate of $40.00. The average target implies an upside of 29.06% from the current price of $42.52. More detailed estimate data can be found on the Etsy Inc (ETSY) Forecast page.
Based on the consensus recommendation from 35 brokerage firms, Etsy Inc's (ETSY, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Etsy Inc (ETSY, Financial) in one year is $91.25, suggesting a upside of 114.6% from the current price of $42.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Etsy Inc (ETSY) Summary page.
