From Yahoo Finance: 2025-06-05 21:06:00

Bernstein maintained a Market Perform rating on Etsy, Inc. (ETSY) with a price target of $45, citing investor confidence and potential short covering, leading to a 32% climb in shares since last month. Alternative data suggests a slowdown in Gross Merchandise Sales decline, driving Etsy’s stock up 16.15% in the last week and 16.37% this year.

The surge in Etsy’s stock could be linked to lower traffic for competitor Temu in May and potential changes in listed products on Etsy. Stronger credit card spending and increased app usage for Etsy coincide with a 43% drop in Temu’s active users year-over-year, signaling positive growth for Etsy.

Etsy operates global online marketplaces like Etsy, Reverb, and Depop. While ETSY shows investment potential, other AI stocks may offer higher returns with less downside risk. Consider exploring opportunities in AI stocks to maximize investment potential.

For more insights on investment opportunities, check out the best performing cybersecurity stocks and predictive analytics stocks for 2025. No disclosure provided.



Read more at Yahoo Finance: Bernstein Maintains a Market Perform Rating on Etsy (ETSY), Sets Price Target at $45