Added to YB: 2024-11-13
Pitch date: 2024-11-11
ETSY [bullish]
Etsy, Inc.
-10.7%
current return
Author Info
Golden Bear Capital is where swing trading meets deep research. Sign up for the newsletter.
Company Info
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers worldwide.
Market Cap
$4.3B
Pitch Price
$53.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.35
P/E
31.69
EV/Sales
N/A
Sector
Broadline Retail
Category
growth
Hidden Value: A Deep Dive inside The Creative Marketplace Giant - Etsy, Inc.
ETSY: E-commerce platform for handmade & vintage goods. 8.5M sellers, 96.7M buyers. Q3 2024: $662M rev (+4.1% YoY), $2.9B GMS (-4.1% YoY), 28% EBITDA margin. Strong brand, high margins, global reach. Risks: small seller dependence, competition, economic sensitivity. Approaching falling wedge apex, potential bullish breakout above $47.
Read full article (8 min)