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Etsy Expects Positive GMS Growth In Q3, Analysts Raise Price Targets
Benzingaยท 2025-07-31 16:22
Shares of Etsy Inc ETSY tanked in early trading on Thursday after the company reported mixed second-quarter results. Here are some key analyst takeaways. Check out other analyst stock ratings. Cantor Fitzgerald: Etsy reported its quarterly gross merchandise sales (GMS) and EBITDA above Street estimates by 2% and 4%, respectively, Mathivanan said in a note. While declines at core Etsy moderated to -5% year-on-year, Depop's total GMS growth accelerated to +35%, with US GMS growing 54%, he added. The company p ...