Etsy (ETSY) closed at $64.98 in the latest trading session, marking a -0.88% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. On the other hand, the Dow registered a gain of 0.8%, and the technology-centric Nasdaq increased by 1.24%.The online crafts marketplace's shares have seen a decrease of 4.15% over the last month, not keeping up with the Computer and Technology sector's gain of 0.85% and the S&P 500's gain of 0.48%.Analysts and investors alik ...

Etsy is still struggling to grow sales on its e-commerce platform.Online marketplace Etsy (ETSY -0.05%) is struggling to grow in the post-pandemic world. Wells Fargo analyst Ken Gawrelski became a bit more pessimistic on Thursday, maintaining his underperform rating and dropping his price target for the stock from $62 to $60. This new price target represents a potential downside of about 8% over the next 12 months or so.Treading waterEtsy gained customers during the pandemic as consumers shifted spending on ...

In the latest market close, Etsy (ETSY) reached $65.15, with a -0.05% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.11%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.23%.The online crafts marketplace's shares have seen a decrease of 4.92% over the last month, not keeping up with the Computer and Technology sector's gain of 1.54% and the S&P 500's gain of 1.5%.The upcoming earnings release of Etsy will be of great interest t ...

Investors load up on growth stocks in hopes of outperforming popular stock market benchmarks like the S&P 500 and the Nasdaq 100. It’s possible to outshine these indices, but some growth stocks lose their charm. A corporation that previously reported superb financial growth can see its growth rates wither. If that happens, shareholder value can quickly get decimated. Other growth stocks are well past their primes and look ripe for a correction or a sharp decline as earnings approach. Not every growth stock ...

It’s been nearly one and a half years since ChatGPT went live, but it sure doesn’t feel like it. ChatGPT has shaken up many sectors, and triggered an AI revolution. I would argue that ChatGPT is the biggest reason why the ‘Magnificent 7’ stocks have done so well. This rally, in turn, has driven the broader market higher alongside these stocks.However, this does not mean that ChatGPT is the only AI model in town. Other companies have been racing to make their own AI models. Indeed, many AI models have found ...

A huge rally since early 2023 has made it harder for investors to find obvious values in the stock market. That's especially true in the tech world. The Nasdaq Composite index is up 40% in the past year, after all, and many popular stocks have logged gains of double or triple that result.Etsy (ETSY 1.17%) stock isn't one of these winners. The marketplace platform specialist sat out the recent rally, with shares down more than 30% in a year.You don't usually see that level of underperformance unless there ar ...

grinvalds This is the third article in a series, where my wife's favorite pursuits are highlighted as stock buys. I am looking for inexpensive company valuations, on top of strong everyday consumer trends. The first effort discussed the crafting-demand angle for Dollar Tree (DLTR) in September here. My second suggestion was the leading perfume and make-up company Estée Lauder (EL), written in December here. Both have performed admirably, with Dollar Tree initially rising better than +40% in the months after ...

Etsy, Inc. (NASDAQ:ETSY) Canaccord Genuity's 4th Annual eCommerce Sustainable Advantage Conference March 14, 2024 3:00 PM ET Company Participants Rachel Glaser - CFO Josh Silverman - CEO Deb Wasser - VP, IR Conference Call Participants Maria Ripps - Canaccord Genuity Maria Ripps Good afternoon, everyone, and welcome to our keynote session. For those of you who are just joining, I'm Maria Ripps, Internet Analyst here at Canaccord Genuity. And I couldn't be more excited to introduce Josh Silverman, Etsy's CEO ...

Investing in growth stocks requires a lot of patience and a tolerance for pain. A growth stock could go up much faster than the market, but it could also fall a lot harder.Such is the case of Etsy (ETSY 5.72%). The once high-flying stock, fueled by a deluge of early pandemic purchases, is currently suffering a massive hangover in its earnings three years later. Shares currently trade around 77% below their all-time high reached in 2021.To be sure, Etsy's most recent earnings report was disappointing. Gross ...

Michael M. Santiago Most tech stocks, alongside the S&P 500, are at multi-year highs driven by enthusiasm for AI and hope for a more benign Fed rate policy. But amid such expensive conditions in the market, I'm on the hunt for stocks that have less downside risk and have already corrected somewhat this year. Etsy (NASDAQ:ETSY) is one of these names. The arts-and-crafts e-commerce website has sunk more than 10% year to date, with losses picking up after the company posted a mixed Q4 earnings quarter in l ...