Etsy, Inc.

NYSE:ETSY 株式レポート

時価総額：US$7.9b

Etsy バランスシートの健全性

財務の健全性 基準チェック /26

Etsyの総株主資本は$-1.1B 、総負債は$3.0Bで、負債比率は-262.5%となります。総資産と総負債はそれぞれ$2.7Bと$3.8Bです。 Etsyの EBIT は$389.9Mで、利息カバレッジ比率-13.9です。現金および短期投資は$1.4Bです。

主要情報

-262.46%

負債資本比率

US$2.98b

負債

インタレスト・カバレッジ・レシオ-13.9x
現金US$1.43b
エクイティ-US$1.14b
負債合計US$3.82b
総資産US$2.68b

財務の健全性に関する最新情報

更新なし

Recent updates

ナラティブ更新 • Jul 23

ETSY: Core Focus And AI Personalization Will Guide Balanced Recovery Outlook

Analysts have nudged the Etsy fair value estimate higher from $72.40 to about $76.33. This reflects a series of increased price targets that cite firmer gross merchandise sales trends, improving buyer engagement, and early traction from personalization and AI initiatives, even as some firms highlight a more balanced risk/reward at current levels.
ナラティブ更新 • Jul 09

ETSY: AI And App Execution Will Support Balanced Buyer And Marketplace Engagement

The analyst price target for Etsy has been raised from $78.59 to $85.00 as analysts highlight improving buyer metrics, stronger merchandise sales trends, and early benefits from search, app, and AI driven initiatives. Analyst Commentary Recent research on Etsy points to a mix of cautious ratings and constructive updates, with several bullish analysts focusing on execution around search, app performance, and AI as potential supports for the stock's valuation and growth profile.
ナラティブ更新 • Jun 25

ETSY: Core Focus And AI Commerce Efforts Will Shape Balanced Outlook

The analyst price target for Etsy has edged higher, reflecting a modest move in fair value to $72.40. Analysts point to improving search optimization, social and app execution, and buyer engagement efforts as key supports for the updated view.
分析記事 • Jun 19

Etsy (ETSY) Stock Could Be 43% Below Fair Value After Shop Other Jeffs Campaign

Etsy (ETSY) has drawn fresh attention with its “Shop Other Jeffs” campaign, a broad media push timed to Amazon’s Prime Day that spotlights independent sellers and handmade products during a key shopping window. See our latest analysis for Etsy. The recent “Shop Other Jeffs” push lands while Etsy’s 30-day share price return of 28.36% and 90-day return of 39.95% signal building momentum, even as the 5-year total shareholder return is down 59.26%. If this kind of campaign-driven move has your...
ナラティブ更新 • Jun 05

ETSY: Core Marketplace Refocus And AI Personalization Will Shape Balanced Outlook

Etsy's fair value estimate edges up by $0.56 to $72.28 as analysts factor in slightly stronger revenue growth and user engagement trends, reflected in a series of higher price targets and upgrades that highlight improving buyer metrics and AI driven personalization efforts. Analyst Commentary Recent research on Etsy reflects a mix of optimism around user trends and technology efforts, alongside caution about how those gains stack up against the wider e commerce sector and valuation risk.
Seeking Alpha • May 25

Etsy, Inc.: GMS And Inventory-Free Model Makes Us Re-Evaluate

Summary Etsy demonstrates resilient operating leverage, with a 2025 turnaround from -6.5% to +0.9% YoY GMS growth by Q3. ETSY’s asset-light model and rising take-rate (24.9% in Q3 2025) drive high-margin incremental EBITDA, with scenario modeling projecting 35.4%–39% margins by 2027. Share buybacks and disciplined capital allocation support shareholder returns, but aggressive fee hikes risk seller churn and platform erosion. Long-term upside for ETSY depends on balancing monetization with maintaining seller economics and marketplace health. Read the full article on Seeking Alpha
ナラティブ更新 • May 19

ETSY: Depop Sale And Buybacks Will Refocus Capital On Core Marketplace

Analysts have lifted their average Etsy price target by about $4, pointing to slightly higher projected revenue growth, modestly stronger profit margins, and a higher assumed future P/E multiple, even as the discount rate in the model edges up. Analyst Commentary Recent research shows a mixed but generally constructive reset on Etsy, with several firms lifting price targets by anywhere from $1 to $20, while others trim targets but stay engaged with the story after Q4 results and the Depop sale announcement.
ナラティブ更新 • May 04

ETSY: Depop Sale And Buybacks Will Support Core Marketplace Focus

Etsy's analyst price target has been raised from $61.96 to $71.72 as analysts factor in updated assumptions around revenue growth, profit margins and a slightly lower discount rate. This change is supported by recent research that highlights progress in core marketplace initiatives and the planned Depop divestiture.
ナラティブ更新 • Apr 20

ETSY: Depop Exit And AI Initiatives Will Support Stronger Marketplace Engagement

Etsy's analyst price targets have shifted in a wide range, with some moving up by a few dollars and others cut by $10 to $20, as analysts balance improving marketplace trends, Depop's $1.2b sale, and product and marketing initiatives against concerns about slower Gross Merchandise Sales momentum and sector-wide valuation resets. Analyst Commentary Recent research paints a mixed but generally constructive picture around Etsy, with many price targets adjusted and opinions split between enthusiasm about execution and caution around Gross Merchandise Sales trends and sector valuations.
ナラティブ更新 • Apr 05

ETSY: Depop Sale And AI Discovery Work Will Shape Core Marketplace Future

Analyst fair value for Etsy edges up by about $0.23 to roughly $61.96 as analysts weigh slightly slower revenue growth and profit margin expectations against the benefits from the $1.2b Depop sale, ongoing product and marketing initiatives, and mixed but generally constructive updates to Street price targets. Analyst Commentary Recent research on Etsy highlights a split view, with some analysts seeing improving execution around core growth and others focusing on lingering risks to Gross Merchandise Sales, or GMS, and profitability.
ナラティブ更新 • Mar 22

ETSY: Depop Sale And AI Marketplace Focus Will Drive Stronger Engagement

Narrative Update: Etsy The updated analyst price target for Etsy shifts slightly to about $78.59. This reflects mixed revisions across the Street as analysts weigh solid Q4 delivery, the planned $1.2b Depop sale, and ongoing efforts in AI driven search, personalization and core marketplace growth.
ナラティブ更新 • Mar 07

ETSY: AI Initiatives And Depop Exit Will Shape Core Marketplace Path

The analyst price target for Etsy edges slightly lower as analysts weigh steady Q4 results, Q1 guidance calling for modest GMS growth, and the value impact of the proposed $1.2b Depop sale against ongoing questions about the pace of core marketplace reacceleration and sector-wide multiple compression. Analyst Commentary Wall Street is split on Etsy, with price targets moving both higher and lower as analysts balance Q4 execution, Q1 guidance, and the proposed US$1.2b Depop sale against questions about how quickly core marketplace growth can build.
ナラティブ更新 • Feb 21

ETSY: AI Initiatives And Depop Sale Will Support Core Marketplace Renewal

The analyst price target for Etsy in our model has moved lower to $62.08 from $68.59. This reflects a blend of Street views that highlight steady core marketplace progress, the Depop sale, and ongoing questions around the pace of Gross Merchandise Sales growth and the impact of AI driven product and marketing initiatives.
ナラティブ更新 • Feb 07

ETSY: AI Efficiencies And Share Buybacks Will Support Stronger Marketplace Engagement

Narrative Update Analysts have trimmed their price targets on Etsy by about $3 to $9 in recent research, citing lingering macro concerns. At the same time, they point to a potentially more supportive setup for internet names into 2026, with improving revenue growth expectations and sentiment around AI driven efficiencies.
ナラティブ更新 • Jan 24

ETSY: AI Search And Recommendations Will Support Stronger Marketplace Engagement

Analysts now keep the Etsy fair value estimate steady at $80, while refining their model inputs slightly. This reflects mixed shifts in Street price targets that balance enthusiasm around AI driven GMS and search improvements with more cautious views on margins, tariff headwinds, and leadership changes.
ナラティブ更新 • Jan 09

ETSY: AI And Search Improvements Will Support Stronger Marketplace Engagement

We are trimming our Etsy fair value estimate slightly to US$80 from US$81, reflecting analysts' mixed price target moves as they weigh stronger GMS momentum and AI driven product improvements against margin pressure, tariff headwinds, and leadership changes. Analyst Commentary Recent Street research on Etsy reflects a mixed but generally constructive tone, with several bullish analysts lifting price targets following Q3 results and updated guidance.
ナラティブ更新 • Dec 24

ETSY AI Investments Will Drive Stronger Marketplace Engagement And Earnings Power

We trim our Etsy fair value estimate slightly to $81 from about $81.55 per share, as analysts see moderating top line growth and a lower future P/E, partly offset by improving profitability supported by AI driven product enhancements and steadier GMS trends. Analyst Commentary Recent Street research reflects a generally constructive tone on Etsy, with multiple bullish analysts lifting price targets following the latest Q3 results and outlook.
ナラティブ更新 • Dec 10

ETSY: AI Search And Recommendations Will Drive Renewed Marketplace Demand

We are modestly lifting our Etsy price target by a mid single digit percentage to reflect analysts' higher Street targets, grounded in evidence that AI driven search, recommendations and marketing improvements are beginning to stabilize GMS trends, despite lingering margin and governance uncertainties. Analyst Commentary Street commentary around Etsy following Q3 results and the updated outlook reflects a mix of cautious optimism and lingering concern, with modestly higher price targets clustered in the mid 60s to low 80s range.
ナラティブ更新 • Nov 26

ETSY: AI-Driven Buyer Engagement Will Drive Renewed Demand Across The Marketplace

Etsy's analyst price target has been raised slightly, with the consensus now at about $68.59. Analysts cite improving gross merchandise sales growth as well as ongoing benefits from AI-driven strategies and product enhancements.
ナラティブ更新 • Nov 11

ETSY: AI Integration Will Drive Renewed User Engagement And Platform Momentum

Etsy's analyst fair value target has been raised slightly to $69.23 per share from $68.19. Analysts point to improving growth trends driven by AI integration, positive gross merchandise sales momentum, and ongoing business strategy execution.
ナラティブ更新 • Oct 28

AI Integration And User Experience Will Drive E-Commerce Momentum Ahead

Etsy's analyst price target has increased modestly from approximately $66.27 to $68.19. This reflects analysts' growing confidence in the company's incremental growth initiatives and improved marketplace performance.
ナラティブ更新 • Oct 13

AI Personalization And App Engagement Will Boost E-commerce Appeal

Etsy's fair value estimate has been raised slightly from $65.12 to $66.27. Analysts cite stronger-than-expected marketplace revenue trends and an improved margin outlook as the reasons for the adjustment.
分析記事 • Sep 30

Etsy, Inc.'s (NASDAQ:ETSY) P/E Is Still On The Mark Following 40% Share Price Bounce

Etsy, Inc. ( NASDAQ:ETSY ) shareholders have had their patience rewarded with a 40% share price jump in the last month...
ナラティブ更新 • Aug 07

AI Personalization And App Engagement Will Boost E-commerce Appeal

With no change in revenue growth forecasts or future P/E, analysts have maintained their fair value estimate for Etsy at $63.96. What's in the News Completed share buyback of 10,067,260 shares (9.47% of shares outstanding) for $523.36 million.
Seeking Alpha • Apr 24

Etsy: Back To Basics With Reverb Sale (Rating Upgrade)

Summary Etsy's sale of Reverb aims to reduce debt and refocus on core business, potentially aiding its return to growth despite recent stock declines. The company’s low exposure to tariffs and unique product offerings position it well against big-box retailers amid rising import costs. Etsy is moving in the right direction, prompting my upgrade to a neutral rating. Etsy's valuation has improved to ~8x forward-adjusted EBITDA, but it still faces challenges with declining consumer spending and needs to demonstrate a return to customer/revenue growth. Read the full article on Seeking Alpha
Seeking Alpha • Mar 26

Etsy Looks Like An Equity Value Juggernaut

Summary Etsy shares continue to fall as Gross Merchandise Sales volumes have hit a sustained rough patch. I'm not surprised by the post-pandemic business weakness. I'm just surprised that it didn't begin sooner. By no means do short-term GMS declines mean the business is in trouble. Etsy management has been conducting large stock buybacks that are progressively retiring more and more shares as the market price has declined. Modeling for Etsy suggests that even in very negative scenarios Etsy's future potential stock downside may be limited. I don't have a specific target price, but I think there's potential for large gains for patient investors. Read the full article on Seeking Alpha
Seeking Alpha • Feb 19

Etsy: Abysmal Holiday Sales Signal Need For Improved Customer Acquisition

Summary Etsy reported a GAAP EPS of $1.03, beating expectations by $0.09, but sales missed at $852M, falling short by $9.2M. Gross merchandise sales declined 6.8% YoY to $3.7B, with Etsy-specific GMS down 8.6% YoY. Etsy's profit margins increased as it earned more fee revenue on its sellers, yet it saw a sharp decline in sellers, buyers, and sales per customer. In my view, Etsy has become too focused on extracting income from sellers instead of creating a rich ecosystem of buyers and sellers, exposing it to competition from Amazon Handmade. The current economic trend has promoted greater price sensitivity from customers, which does not bode well, given Etsy charges relatively high fees that increase product prices. Read the full article on Seeking Alpha
Seeking Alpha • Jan 09

Etsy: Share Repurchases Won't Save The Stock

Summary Etsy's $1.2 billion net debt constrains its ability to deliver meaningful shareholder value. Share repurchases are unlikely to sustain the stock price without stronger growth fundamentals. Revenue growth rates are flatlining, reducing the platform's long-term appeal. Paying 8x free cash flow for a business with limited upside feels unjustifiable. Read the full article on Seeking Alpha

財務状況分析

短期負債: ETSYは マイナスの株主資本 を有しており、これは 短期資産 が 短期負債 をカバーしていないことよりも深刻な状況です。

長期負債: ETSYは株主資本がマイナスであり、これは短期資産が 長期負債 をカバーしていないことよりも深刻な状況です。

デット・ツー・エクイティの歴史と分析

負債レベル: ETSYは 株主資本がマイナス となっており、これは高い負債レベルよりも深刻な状況です。

負債の削減: ETSYの株主資本はマイナスなので、時間の経過とともに負債が減少したかどうかを確認する必要はありません。

債務返済能力: ETSYの負債は 営業キャッシュフロー によって 十分にカバー されています ( 24.3% )。

インタレストカバレッジ: ETSY支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。

貸借対照表

健全な企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/07/31 19:25
終値2026/07/31 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。

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業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Etsy, Inc. 27 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。52

アナリスト機関
Richard KramerArete Research Services LLP
Oliver LesterArete Research Services LLP
Ross SandlerBarclays