ETSY Stock Recent News

After soaring 2,170% in the five-year period leading up to their peak in November 2021, shares of Etsy (ETSY -0.27%) have come crashing down. They currently trade 83% below that record from more than three years ago.

With hundreds of billions in net sales in 2024, coupled with the fact that nearly 40% of all spending online in the U.S. happens on its website, Amazon is likely a top choice among investors who are looking to put money to work in an e-commerce stock. Shares of the tech giant have been a monster winner, soaring 1,100% in the past 10 years.

E-commerce company Etsy Inc ETSY reported fourth-quarter FY24 earnings yesterday. The following are the opinions of different analysts on the same.

ETSY's Q4 2024 earnings beat estimates. However, revenues miss due to lower gross merchandise sales.

Amid a challenging macroeconomic environment, Etsy's Q4 results show a significant decline in GMS, leading me to reiterate my sell rating on this stock. Despite efforts to boost performance marketing and emphasize gifting, Etsy's holiday quarter performance remained weak, with revenue growth missing Wall Street expectations. Etsy's increasing marketing expenses and shift to performance marketing have failed to reverse declining GMS trends, indicating a potential long-term issue with its brand resonance.

In 2024, Etsy focused on strengthening its core offerings, specifically its mobile app and the launch of its new loyalty program, to retool customer engagement and increase purchase frequency. During Etsy's fourth-quarter earnings call Wednesday (Feb.

Shares of e-commerce marketplace Etsy (ETSY -7.54%) disappointed investors on Wednesday after it reported its financial results for the fourth quarter of 2024. The company is struggling to grow and retain its user base.

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.

Etsy, Inc. (NASDAQ:ETSY ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Deb Wasser - VP of IR Josh Silverman - CEO Lanny Baker - CFO Conference Call Participants Eric Sheridan - Goldman Sachs Youssef Squali - Truist Securities Lee Horowitz - Deutsche Bank Maria Ripps - Canaccord Curtis Nagle - BofA Securities Steven Forbes - Guggenheim Mark Kelley - Stifel John Colantuoni - Jefferies Deb Wasser Hi, everyone, and welcome to Etsy's Fourth Quarter and Full Year 2024 Earnings Conference Call. I'm Deb Wasser, VP of Investor Relations.

New Housing Starts last month were notably lower than the previous month.