Etsy Inc (NASDAQ:ETSY) Targets Growth with Strategic Moves
Font: Financial Modeling Prep • Feb 20, 2026
- Barclays sets a price target of $72 for Etsy, indicating a potential increase of 49.56%.
- Etsy announces the sale of its secondhand clothing business, Depop, to eBay for $1.2 billion in cash, aiming to streamline operations.
- The company's fourth-quarter earnings report shows a diluted earnings per share of $0.92 and revenue of $882 million, surpassing Wall Street's expectations.
Etsy Inc (NASDAQ:ETSY) is a well-known e-commerce platform that focuses on handmade, vintage, and unique factory-manufactured items. The company has carved a niche in the online marketplace, catering to a diverse range of customers seeking distinctive products. Etsy's competitors include other e-commerce giants like Amazon and eBay, which also offer a wide array of products to consumers.
On February 19, 2026, Barclays set a price target of $72 for Etsy, while the stock was trading at $48.14. This suggests a potential price increase of about 49.56%. The announcement coincided with Etsy's decision to sell its secondhand clothing business, Depop, to eBay for $1.2 billion in cash. This strategic move is expected to streamline Etsy's operations and enhance its cash reserves.
Following the announcement of the Depop sale, Etsy's stock experienced a significant rise, climbing over 9%. The sale is anticipated to be finalized in the second quarter of 2026, pending customary closing conditions. Until then, Etsy will continue to operate Depop, with its financial results being reported as discontinued operations starting in the first quarter of 2026.
In its fourth-quarter earnings report, Etsy posted a diluted earnings per share of $0.92, surpassing Wall Street's consensus estimate of $0.84. The company's revenue reached $882 million, marking a 6.6% increase year-over-year. Etsy attributed its revenue growth to robust performance in on-site advertising and gains in its Home and Living category.
Etsy's stock, trading under the symbol NYSE:ETSY, is currently priced at $48.14. It has experienced a significant increase of 9.28%, with a change of $4.09. Over the past year, Etsy's stock has reached a high of $76.52 and a low of $40.05. The company's market capitalization stands at approximately $4.75 billion, with a trading volume of 13.21 million shares.