ETSY Stock Recent News

Etsy has seen its gross merchandise sales slump for two years in a row. The stock earned a price target cut this week, with a Wells Fargo analyst seeing this trend persisting into Q2.

Etsy (ETSY) concluded the recent trading session at $65.15, signifying a -0.05% move from its prior day's close.

Elliott Investment Management's managing director Jesse Cohn said on Wednesday he believes e-commerce platform Etsy will generate "significant, multi-year upside."

Investors load up on growth stocks in hopes of outperforming popular stock market benchmarks like the S&P 500 and the Nasdaq 100. It's possible to outshine these indices, but some growth stocks lose their charm.

It's been nearly one and a half years since ChatGPT went live, but it sure doesn't feel like it. ChatGPT has shaken up many sectors, and triggered an AI revolution.

In the most recent trading session, Etsy (ETSY) closed at $68.72, indicating a +1.07% shift from the previous trading day.

February retail sales rose 0.6% from the previous month, despite higher consumer prices, indicating positive consumer sentiment. In addition, the Federal Reserve signaled plans to cut interest rates three times in 2024, potentially leaving consumers with more disposable income.

Zacks.com users have recently been watching Etsy (ETSY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Over the last 12 months the S&P 500 is up 32%, maintaining the torrid pace of growth that began in late 2022. Although only a literal handful of stocks accounted for most of the popular benchmark index's gains last year, it is a slightly different story this time around.

In the latest trading session, Etsy (ETSY) closed at $68.11, marking a -0.58% move from the previous day.