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Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers worldwide. The company operates through three segments: Etsy, Reverb, and Depop. It primarily operates Etsy marketplace that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; and Depop, a fashion resale marketplace. In addition, it provides marketplace activities, including transaction offsite advertising, payments processing, and listing fees, as well as from optional seller services, which include on-site advertising and shipping labels. Further, the company offers Etsy Search Visibility Page that is designed to give sellers more agency and control over their businesses; Etsy Purchase Protection program that is designed to help buyers; and Etsy Share & Save program for sellers to save on Etsy fees for sales that drive to their Etsy shop from their own channels, as well as educational resources. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York.
Strategic Pivot | Etsy shifts focus to long-term growth initiatives, balancing short-term challenges with future potential in e-commerce landscape |
Financial Health | Explore Etsy's impressive 72.3% gross profit margins and strong cash flows, despite recent declines in Gross Merchandise Sales and active users |
Growth Opportunities | Delve into Etsy's expansion strategies, including enhanced app functionality and AI integration, aimed at reversing user decline trends |
Market Valuation | Learn why analysts set price targets ranging from $43 to $65, reflecting Etsy's current challenges and future growth prospects |
Metrics to compare | ETSY | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipETSYPeersSector | |
---|---|---|---|---|
P/E Ratio | 36.8x | −2.5x | 11.2x | |
PEG Ratio | −1.08 | −0.03 | 0.02 | |
Price/Book | −5.4x | 2.1x | 1.4x | |
Price / LTM Sales | 2.1x | 0.7x | 1.0x | |
Upside (Analyst Target) | 6.6% | 129.9% | 20.2% | |
Fair Value Upside | Unlock | 19.2% | 9.4% | Unlock |