Etsy Loses Its Meme Stock Shine – Is It Still a Buy?
Portfolio Pulse from
Etsy Inc. shares have declined by about 7% since their earnings report on February 19, despite showing year-over-year growth in revenue and earnings. The market is concerned about slowing growth, overshadowing the company's low forward P/E ratio of 8x.
February 26, 2025 | 1:30 pm
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Etsy's stock has fallen 7% since its earnings report, despite positive revenue and earnings growth. The market is worried about slowing growth, which is affecting investor sentiment more than the attractive forward P/E ratio.
The decline in Etsy's stock price is attributed to market concerns about slowing growth, which is a significant factor for investors. This concern is overshadowing the positive aspects of the earnings report, such as revenue and earnings growth and a low forward P/E ratio, leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100