We came across a bullish thesis on Etsy, Inc. on TickerTrends Research’s Substack. In this article, we will summarize the bulls’ thesis on ETSY. Etsy, Inc.'s share was trading at $56.20 as of August 6th. ETSY’s trailing and forward P/E were 45.32 and 16.18, respectively according to Yahoo Finance.
Etsy appears to be turning a corner after several quarters of weak Gross Merchandise Sales (GMS) performance, with early indicators pointing to stabilization and potential growth. TickerTrends’ forecast for Q2 2025 GMS stands at $2.76 billion, matching Etsy’s own guidance and...
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