Etsy stock reports Q2 growth as analysts weigh valuation
Published on 10/04/2026 at 22:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Etsy Inc. (ISIN US29786A1060) closed at USD 72.77 on the NYSE on October 2, 2026, down 0.10 percent from the prior close. The company enters the next reporting cycle with Q2 2026 revenue of USD 668.31 million and marketplace gross merchandise sales growth of 7.5 percent.
Revenue beat masks an EPS miss
According to Stocktwits on August 5, 2026, Etsy's second-quarter revenue exceeded the USD 646.69 million consensus estimate, while adjusted earnings per share came in at a loss of USD 0.49 against an expected profit of USD 1.18. Core marketplace sales increased 9.3 percent year over year, giving the quarter a sharper operating split than the headline revenue figure suggests.
The company also lifted its full-year gross merchandise sales outlook to the mid-single-digit range from low-single-digit growth previously. Q3 marketplace GMS guidance stands at USD 2.53 billion to USD 2.58 billion, equivalent to 4 percent to 6 percent year-over-year growth, according to Stocktwits.
Analysts see upside but mixed signals
According to MarketScreener, 30 analysts have an Outperform consensus, with an average target of USD 88.33 and a spread of 21.39 percent above the USD 72.77 last close. The same page reports Oppenheimer's September 15 upgrade from Market Perform to Outperform with a USD 90 target, linking the view to artificial intelligence search, product improvements and app engagement.
BTIG separately upgraded Etsy from Neutral to Buy on September 18 and set a USD 90 target, as Investing.com reported. That target is USD 17.23 above the October 2 closing price, a 23.68 percent difference.
Stock stays below yearly high
Etsy's October 2 session ran from USD 72.02 to USD 73.82, with 1,975,132 shares traded. The 52-week range of USD 44.00 to USD 87.97 places the stock USD 15.20 below its yearly high, while the USD 6.9 billion market capitalization keeps valuation and execution closely linked.
The next checkpoint is the company's Q3 report. Yahoo Finance lists November 4, 2026 as Etsy's earnings date, giving investors a defined date for testing the USD 2.53 billion to USD 2.58 billion GMS outlook.
Q3 guidance sets the next test
Etsy stock was last at USD 72.77 on the NYSE on October 2, 2026. The combination of 7.5 percent marketplace GMS growth and a USD 0.49 adjusted EPS loss leaves execution against Q3 guidance as the central valuation question.
Etsy stock facts
- Company: Etsy, Inc.
- ISIN: US29786A1060
- Ticker: ETSY
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 72.77 Closing price (October 2, 2026)
- Market capitalization: USD 6.9 billion (as of October 2, 2026)
- 52-week range: USD 44.00-87.97 (as of October 2, 2026)
- Sector / Industry: Consumer Cyclical / Specialty Retail
- Next earnings date: November 4, 2026
Upcoming dates for Etsy stock
- November 4, 2026: Q3 2026 earnings report
