Michael M. Santiago/Getty Images News Opener Here is how Josh Silverman described Etsy's (NASDAQ:ETSY) business: Almost everyone in ecommerce is trying to do Amazon one better; sell the exact same product that's available for sale on Amazon, but sell it just a little cheaper or ship it just a little faster. We do something genuinely different, and we know there's a big role for that. And the bigger the Amazons and the TEMU's get in the world, the more people will be desperate for an alternative. I think we' ...

The upcoming report from Etsy (ETSY) is expected to reveal quarterly earnings of $0.78 per share, indicating an increase of 1.3% compared to the year-ago period. Analysts forecast revenues of $827.4 million, representing an increase of 2.5% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announces its earnings, ...

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In the latest market close, Etsy (ETSY) reached $78.85, with a +0.97% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.3%.Heading into today, shares of the online crafts marketplace had gained 11.02% over the past month, lagging the Computer and Technology sector's gain of 11.35% and outpacing the S&P 500's gain of 5.78% in that time.The upc ...

Key PointsEtsy gapped up in early February as activist investor Elliott Investment Management revealed a 13% stake. Elliott's Marc Steinberg joined the board.Etsy announced job cuts in a bid to improve efficiency and address stagnant growth.Analysts forecast an uptrend in Etsy's stock, with a consensus price target of $91.96, an upside of 25.27%.5 stocks we like better than EtsyEtsy Inc. NASDAQ: ETSY gapped higher in early February on news that Marc Steinberg, a partner at Elliott Investment Management, had ...

Etsy (ETSY) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this online crafts marketplace have returned -2.6% over the past month versus the Zacks S&P 500 composite's +5.6% change. The Zacks Internet - Services industry, to which Etsy belongs, has gained 6.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although media rep ...

While the giant tech companies tend to steal the attention during earnings season, investors shouldn't hesitate to look at smaller businesses that might fly under the radar. Etsy (ETSY -1.16%) is one such company. It's not getting love from Wall Street because its growth has stalled in the current economy.But don't be discouraged. Although Etsy is down 75% from its peak price (as of Feb. 2), it's definitely a growth stock you want to buy right now.Etsy's challenges are hard to ignoreSelling unique, speciali ...

Growth stocks can deliver astonishing returns for long-term investors but some of these same investments can crash and burn. These equities may have looked promising a few years ago. However, growth stocks often lose their charm upon significant revenue deceleration or no path to meaningful profits. These stocks are more volatile than the rest of the stock market, so it is important to stay on top of them. Investors holding any of these growth stocks may be making their capital vulnerable to downward moment ...

Etsy (ETSY) shares soared 9.1% in the last trading session to close at $72.62. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.9% loss over the past four weeks.Etsy extended its rally, driven by the latest appointment of Marc Steinberg, partner at Elliott Management, to its board. Marc Steinberg becomes the largest shareholder in Etsy as Elliott Investment Management holds 13% stake in the company.This online crafts marketplac ...

Key TakeawaysThe S&P 500 added 1.3% on Thursday, Feb. 1, 2024, with strong earnings helping stocks recover after Wednesday's Fed meeting suggested an uncertain path ahead.Activity by activist investors helped shares of Etsy Inc. and Norfolk Southern Corp. post solid gains.Shares of Zions Bancorporation and other regional lenders moved lower amid renewed concerns about the health of the banking industry.Major U.S. equities indexes advanced on Thursday, changing course from declines the previous day after the ...