B+
Bull case
30%
Probability
Target price
$72.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
ETSY
EtsyDNYSE / Consumer Discretionary Distribution & Retail
Last Price
Quote time unavailable
Current thesis
The bull case is that Q1 marked a real operating turn: Etsy delivered a second straight quarter of Etsy marketplace GMS growth, saw healthier buyer metrics, improved full-year commentary, and has multiple self-help levers in app, search, personalization, and seller tooling [#8-K-2026-04-29]. If the Depop sale closes on time, incremental buybacks could add support.
Posture
Defensive
Lead driver
Value
What changed
1 setup hits (3d) with net bullish as of 2026-10-27.
What can break
Consumer discretionary demand could soften if macro conditions worsen; management said it is closely monitoring consumer confidence and spending trends [#8-K-2026-04-29].
Momentum
97
Value
52
Sentiment
34
Setup hits (3d)
1 · Net Bullish
AI TargetsBase $62.00 · Bull $72.00 · Bear $52.00Analysis 2026-05-04; returns require an exact persisted reference.
Earnings
2026-10-28 · BMO
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-27 • Vendor: Data Vendor v1
Scores
As of 2026-10-27 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-04 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-27
Investment thesis
As of 2026-10-27
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-27. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $88.67
Why
Momentum97 · Δ7d +5.9
Value52 · Δ7d -0.7
Sentiment34 · Δ7d -0.8
So what
Weak posture (Net Bullish). Prioritize risk control and patience.
Confirming evidence
- • 1 setup hits (3d) with net bullish as of 2026-10-27.
- • Next scheduled catalyst: earnings 2026-10-28 · BMO.
- • Value remains the lead driver in the composite, 7D delta -0.7.
Contradictions & invalidation
- • Consumer discretionary demand could soften if macro conditions worsen; management said it is closely monitoring consumer confidence and spending trends [#8-K-2026-04-29].
- • Etsy's 2025 10-K highlights competition, marketplace trust and safety, technology and cyber dependence, payments/compliance exposure, and evolving global regulatory requirements as material ongoing risks [#10-K-2026-02-19].
- • The bear case is that some Q1 help may fade.
Catalyst clock
2026-10-28 · BMO
Q1 marketplace growth returned and full-year GMS outlook improved
Lead driver: Value · See fundamentals
Momentum
97
8% active weight
Current posture
7d trendFlat
Δ7d
+5.9
Δ21d
+68.7
Value
52
47% active weight
Current posture
7d trendFlat
Δ7d
-0.7
Δ21d
-2.8
Sentiment
34
45% active weight
Current posture
7d trendFlat
Δ7d
-0.8
Δ21d
-23.3
Why this grade
Composite grade D. Momentum 97.2 / Value 51.9 / Sentiment 33.9
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-04. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$62.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$52.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-27
Fundamentals (TTM)
As of 2026-10-27
Market Cap
$8.05B
Beta
1.77
Shares Out
91.78M
P/E (TTM)
41.0
P/S (TTM)
2.03
P/FCF (TTM)
9.10
Rev YoY
+6.2%
EPS YoY
-295.6%
Gross Margin
+72.3%
Op Margin
+16.1%
Net Debt
$1.5B
Current Ratio
1.48
As of 2026-10-27 • Updated nightlySource: Internal modelMethods & Data