How to Buy Etsy Stock
Etsy Inc
Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.
Etsy stock last closed at $108.36, up 2.87% from the previous day, and has decreased 23.83% in one year. It has underperformed other stocks in the Internet Retail industry by 0.02 percentage points. Etsy stock is currently +61.71% from its 52-week low of $67.01, and -28.47% from its 52-week high of $151.50.
There are currently 124.65M shares of ETSY outstanding. The market cap of ETSY is $13.51B. In the last 24 hours, 3.97M ETSY shares were traded.
How to Buy Etsy Stock
Not sure how to invest in Etsy stock? Here's how.
- Figure out where to buy Etsy stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Etsy stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your info.
- Research Etsy stock: The Etsy ticker symbol is ETSY. Is Etsy stock a good investment? Should you buy shares of ETSY? How do ETSY's underlying business fundamentals look? Do top analysts think Etsy is a good buy? Why has ETSY's stock price moved recently? (Hint: Our stock analysis website can help you decide if ETSY is a good stock to buy).
- Place your ETSY buy order: Decide if you will purchase ETSY shares at the current market price or use a limit order to buy ETSY shares at a specific price.
- Get the latest news on your ETSY position: Create a watchlist to important updates regarding your position in Etsy stock.
Step 1: Figure out where to buy Etsy stock
You will need an online brokerage account to access the NASDAQ market and buy ETSY stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you are able to invest in ETSY stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Provide your personal data to create a new trading account.
- Send your info by hitting the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing funds into your investment account.
Step 4: Research Etsy stock
Once you have decided on the best place to buy Etsy stock, it's crucial to research their stock before you buy, so you can understand the risk as well as the opportunity.
Etsy quick stats
Etsy Overview
WallStreetZen was designed to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on ETSY's stock page.
Is ETSY stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ETSY's fair value.
You can do additional valuation analysis on ETSY's stock here.
ETSY Financial Health Summary
Signs that ETSY is financially healthy:
- There are more short-term assets than short-term liabilities on the ETSY balance sheet.
- ETSY's operating cash flow of $683.61M allows it to safely service it's debt of $2.39B.
Signs that ETSY is not financially healthy:
- ETSY debt to equity ratio of -5.82 is negative.
- ETSY profit margin has gone down from 21.2% to -27.1% in the past year.
- There are more long-term liabilities than short-term assets on the ETSY balance sheet.
- Total ETSY debt is still negative.
- ETSY earnings of -$647.81M is not sufficient to cover its interest payments.
Do analysts think it's a good time to buy ETSY stock
Out of 26 Equities analysts who give recommendations on ETSY, the consensus analyst rating on Etsy is a Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Latest ETSY Analyst Forecasts
Anna Andreeva, a bottom 5% analyst from Needham reiterates ETSY with a buy rating and maintains their ETSY price target from $160.00 to $160.00, on Mar 13, 2023.
John Colantuoni, a bottom 12% analyst from Jefferies downgrades ETSY to a sell rating and lowers their ETSY price target from $150.00 to $85.00, on Mar 9, 2023.
Curtis Nagle, a top 10% analyst from Bank of America maintains ETSY with a hold rating and raises their ETSY price target from $145.00 to $153.00, on Feb 23, 2023.
Tom Forte, a top 3% analyst from DA Davidson maintains ETSY with a strong buy rating and raises their ETSY price target from $121.00 to $161.00, on Feb 23, 2023.
Maria Ripps, a bottom 10% analyst from Canaccord Genuity maintains ETSY with a strong buy rating and raises their ETSY price target from $160.00 to $170.00, on Feb 23, 2023.
You can dive deeper into what analysts are saying on the Etsy stock forecast page.
ETSY Momentum
How are ETSY Revenues/Earnings doing?
Last year, ETSY revenue was $2.57B. In the last five year, ETSY's revenue has increased by 42.21% per year. This was faster than the Internet Retail industry average of 31.02%.
Find out more about ETSY's earnings and revenue performance here.
Who is buying/selling ETSY?
In the last 12 months, executives and large shareholders at ETSY have sold more shares than they have bought.
Nicholas Daniel, Chief Product Officer of ETSY, was the latest ETSY insider to sell. They sold $48,207.56 worth of ETSY stock on Mar 15, 2023.
Get more info about who owns ETSY shares here.
Can I rely on ETSY as an income stream?
No, Etsy doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your ETSY buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your ETSY position
Now that you own some ETSY shares, you'll want to stay up-to-date on your stock purchase.
Put ETSY on a watchlist to get notified of the latest news about your ETSY stock.
ETSY Feed
How to Buy Stock in Etsy
To reiterate, here are the 6 steps to buy stock in Etsy:
- Figure out where to buy Etsy stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Etsy stock
- Place your ETSY buy order
- Get the latest news on your ETSY position
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Get Started with eToro TodayIf you want to get the latest scoop on your investment in Etsy, get started below.
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