Etsy Inc. has been going through a turbulent phase. A decline in the number of goods sold has resulted in a
revenue miss for the company, causing the stock price to tumble. Various major firms such as
Renaissance Technologies LLC and
Landscape Capital Management L.L.C. have even opted for purchasing and selling Etsy stocks. The price target for Etsy stock has been cut by financial giants like
JPMorgan,
UBS, and
Bank of America, while
Truist maintains a buy rating. Furthermore, the post Q4 results have left investors wondering whether to buy, sell, or hold Etsy stocks. New inducement stock awards have been granted to the new
CFO. It appears the company is struggling to maintain stable growth in the marketplace. A
52-week low at $42.05 has also been recorded, posing challenges for the company. Amidst these concerns, some investors are attracted to Etsyβs potential for a comeback and consider it a hidden value asset.
Etsy Stocks News Analytics from Mon, 09 Sep 2024 07:00:00 GMT to Sun, 13 Apr 2025 01:57:45 GMT -
Rating -6
- Innovation -3
- Information 6
- Rumor -8