Etsy Future Growth

Future criteria checks 3/6

Etsy is forecast to grow earnings and revenue by 22.5% and 4.9% per annum respectively. EPS is expected to grow by 23.2% per annum. Return on equity is forecast to be -54.7% in 3 years.

Key information

22.5%

Earnings growth rate

23.23%

EPS growth rate

Multiline Retail earnings growth	15.4%
Revenue growth rate	4.9%
Future return on equity	-54.70%
Analyst coverage	Good
Last updated	30 Oct 2025

Recent future growth updates

Recent updates

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

Sep 30

Etsy, Inc.: Searching For Buyer Growth

Sep 22

When Should You Buy Etsy, Inc. (NASDAQ:ETSY)?

Jul 24

Etsy, Inc.'s (NASDAQ:ETSY) P/E Is Still On The Mark Following 27% Share Price Bounce

May 31

Etsy: Covert Recessionary Hedge As People Look For Secondary Income (Rating Upgrade)

Apr 09

Etsy Earnings Preview: What Needs To Happen For It To Be A Buy

Feb 17

Etsy: Moat Remains Intact At A Reasonable Price

Feb 01

Earnings and Revenue Growth Forecasts

NYSE:ETSY - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	3,123	335	684	735	22
12/31/2026	2,953	301	619	678	28
12/31/2025	2,885	169	571	640	25
9/30/2025	2,854	182	635	691	N/A
6/30/2025	2,838	164	635	690	N/A
3/31/2025	2,814	188	685	733	N/A
12/31/2024	2,808	303	709	752	N/A
9/30/2024	2,798	257	687	733	N/A
6/30/2024	2,772	287	690	734	N/A
3/31/2024	2,753	296	678	719	N/A
12/31/2023	2,748	308	666	706	N/A
9/30/2023	2,713	334	669	702	N/A
6/30/2023	2,671	-717	654	690	N/A
3/31/2023	2,628	-706	644	680	N/A
12/31/2022	2,566	-694	646	684	N/A
9/30/2022	2,476	-642	640	682	N/A
6/30/2022	2,414	411	528	567	N/A
3/31/2022	2,358	436	527	563	N/A
12/31/2021	2,329	494	621	652	N/A
9/30/2021	2,229	480	582	605	N/A
6/30/2021	2,148	482	684	699	N/A
3/31/2021	2,048	480	788	798	N/A
12/31/2020	1,726	349	671	679	N/A
9/30/2020	1,378	232	507	514	N/A
6/30/2020	1,125	155	365	376	N/A
3/31/2020	877	77	190	205	N/A
12/31/2019	818	96	190	207	N/A
9/30/2019	748	106	210	230	N/A
6/30/2019	701	111	N/A	213	N/A
3/31/2019	652	96	N/A	204	N/A
12/31/2018	604	77	N/A	199	N/A
9/30/2018	540	81	N/A	134	N/A
6/30/2018	496	87	N/A	120	N/A
3/31/2018	465	95	N/A	92	N/A
12/31/2017	441	82	N/A	69	N/A
9/30/2017	415	16	N/A	52	N/A
6/30/2017	396	-13	N/A	46	N/A
3/31/2017	380	-32	N/A	50	N/A
12/31/2016	365	-30	N/A	48	N/A
9/30/2016	343	-13	N/A	40	N/A
6/30/2016	321	-17	N/A	35	N/A
3/31/2016	297	-16	N/A	23	N/A
12/31/2015	273	-54	N/A	33	N/A
9/30/2015	251	-55	N/A	19	N/A
6/30/2015	232	-55	N/A	19	N/A
3/31/2015	214	-51	N/A	15	N/A
12/31/2014	196	-15	N/A	12	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ETSY's forecast earnings growth (22.5% per year) is above the savings rate (3.1%).

Earnings vs Market: ETSY's earnings (22.5% per year) are forecast to grow faster than the US market (15.9% per year).

High Growth Earnings: ETSY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ETSY's revenue (4.9% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: ETSY's revenue (4.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ETSY is forecast to be unprofitable in 3 years.

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/31 18:40
End of Day Share Price	2025/10/31 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Etsy, Inc. is covered by 55 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Oliver Lester	Arete Research Services LLP
Richard Kramer	Arete Research Services LLP
Trevor Young	Barclays

Etsy Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 27%, revenue upgraded

Price target decreased by 8.1% to US$50.34

Price target decreased by 9.4% to US$73.68

Etsy, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024

Price target increased by 8.0% to US$83.83

Recent updates

Third quarter 2025 earnings: EPS and revenues exceed analyst expectations

Etsy, Inc. Announces CEO Changes

Etsy, Inc. to Report Q3, 2025 Results on Oct 29, 2025

CEO & Director notifies of intention to sell stock

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

Investor sentiment improves as stock rises 21%

Etsy, Inc.: Searching For Buyer Growth

CEO & Director notifies of intention to sell stock

CEO & Director notifies of intention to sell stock

Etsy, Inc. Announces Executive Changes

Independent Director recently sold US$486k worth of stock

Independent Director notifies of intention to sell stock

Investor sentiment improves as stock rises 19%

New minor risk - Insider selling

Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 27%, revenue upgraded

CEO & Director notifies of intention to sell stock

When Should You Buy Etsy, Inc. (NASDAQ:ETSY)?

Etsy, Inc. to Report Q2, 2025 Results on Jul 30, 2025

CEO & Director notifies of intention to sell stock

Investor sentiment deteriorates as stock falls 16%

CEO & Director notifies of intention to sell stock

Servco Pacific Inc. and Creator Partners LLC completed the acquisition of Reverb Holdings, Inc. from Etsy, Inc. (NasdaqGS:ETSY).

Etsy, Inc.'s (NASDAQ:ETSY) P/E Is Still On The Mark Following 27% Share Price Bounce

Investor sentiment improves as stock rises 16%

Price target decreased by 8.1% to US$50.34

Etsy's (NASDAQ:ETSY) Soft Earnings Are Actually Better Than They Appear

CEO & Director notifies of intention to sell stock

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Why The 22% Return On Capital At Etsy (NASDAQ:ETSY) Should Have Your Attention

Servco Pacific Inc. and Creator Partners LLC entered into an agreement to acquire Reverb Holdings, Inc. from Etsy, Inc. (NasdaqGS:ETSY).

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

Etsy, Inc., Annual General Meeting, Jun 17, 2025

Etsy, Inc. to Report Q1, 2025 Results on Apr 30, 2025

Investor sentiment deteriorates as stock falls 16%

CEO & Director notifies of intention to sell stock

Etsy Appoints Rafe Colburn as Chief Technology Officer Effective May 5, 2025

Etsy Looks Like An Equity Value Juggernaut

Full year 2024 earnings: EPS exceeds analyst expectations

Etsy: Abysmal Holiday Sales Signal Need For Improved Customer Acquisition

Etsy, Inc.'s (NASDAQ:ETSY) Popularity With Investors Is Clear

Etsy, Inc. to Report Q4, 2024 Results on Feb 19, 2025

Is Now An Opportune Moment To Examine Etsy, Inc. (NASDAQ:ETSY)?

Etsy: Share Repurchases Won't Save The Stock

Etsy, Inc. Appoints Lanny Baker as Chief Financial Officer, Effective First Week of January 2025

Insufficient new directors

Investors Will Want Etsy's (NASDAQ:ETSY) Growth In ROCE To Persist

Etsy: I Agree With Elliott Management's Optimism

Etsy: A Beaten Down Stock With Hidden Value

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Etsy, Inc. (NasdaqGS:ETSY) announces an Equity Buyback for $1,000 million worth of its shares.

Etsy: A Pandemic Growth Stock Ready For A Rebound In 2025

Etsy, Inc. to Report Q3, 2024 Results on Oct 30, 2024

CEO, President & Director exercised options and sold US$759k worth of stock

Etsy, Inc.(NasdaqGS:ETSY) dropped from S&P 500 Value

Etsy Is Not Trying To Be Temu Or Amazon

Innovative Customer Experiences And AI Integration Set To Surge Revenue Growth

Etsy: With Weak Growth Heading Into A Potential Recession, I'd Stay Away

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Etsy, Inc. Announces Planned Retirement of CFO Rachel Glaser

Etsy Q2 Earnings Preview: The Stock Has Likely Found A Bottom (Rating Upgrade)

Etsy, Inc. to Report Q2, 2024 Results on Jul 31, 2024

CEO, President & Director exercised options and sold US$230k worth of stock

Etsy: Hand-Crafted, A Bullish Case Despite Debt

Chief Human Resources Officer notifies of intention to sell stock

Etsy: Growth Dreams Are Fading (Rating Downgrade)

Price target decreased by 9.4% to US$73.68

First quarter 2024 earnings: EPS misses analyst expectations

Etsy, Inc., Annual General Meeting, Jun 13, 2024

Etsy, Inc. to Report Q1, 2024 Results on May 01, 2024