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Morningstar

Morningstar

Aug 06, 2026

Etsy, Inc.: Etsy Earnings: Recommerce Focus and App Momentum Accelerate Core Platform Growth; Shares Overvalued

Symbols

ETSY

Sector(s)

Consumer Cyclical

Rating

Current Price

76.51

Fair Value

Economic Moat

Stewardship

Summary

Founded in 2005, Etsy operates a leading global marketplace, connecting roughly 87 million active buyers and 6 million sellers of unique, handmade, and vintage goods. In fiscal 2025, the firm generated $2.9 billion in revenue and almost $12 billion in gross merchandise sales. The

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