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.
Etsy's Market Position | Explore Etsy's unique niche in the $2 trillion e-commerce market, balancing impressive profit margins with challenges in Gross Merchandise Sales growth |
Strategic Initiatives | Delve into Etsy's focus on enhancing search algorithms, shifting marketing strategies, and improving app performance to drive long-term growth |
Competitive Landscape | Learn how Etsy navigates increasing competition, leveraging its distinct identity in handmade and unique goods against e-commerce giants |
Financial Outlook | Analysts project revenue of $2.93B for FY25, with an average price target of $56.14, reflecting mixed views on Etsy's growth potential |
Metrics to compare | ETSY | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipETSYPeersSector | |
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P/E Ratio | 31.2x | −2.4x | 10.7x | |
PEG Ratio | −1.04 | −0.03 | 0.02 | |
Price/Book | −6.4x | 2.1x | 1.4x | |
Price / LTM Sales | 2.1x | 0.7x | 0.9x | |
Upside (Analyst Target) | −9.7% | 119.0% | 21.9% | |
Fair Value Upside | Unlock | 29.9% | 10.5% | Unlock |