Etsy is currently more than 70 percent below its peak price from about two years ago for no good reason, in my humble opinion. The company is profitable and it has a major advantage over its competitors (brand recognition, among other things). I just... — read more
I don't understand why the stock is down
Layoffs are a good thing for shareholders. I feel sorry for the workers, but cost cutting is the best way to improve a company's performance fast. I was certain that the latest announcement of major cuts would result in a surge in stock price, not... — read more
company's performance
I'm not sure if the economic environment is to blame for the company's poor performance. Those who claim so are not convincing to me. I think leadership's decisions have a lot more to do with it. What do you think? Stock price is unfortunately... — read more
Considering ETSY
Sales are down. I'm debating whether to buy, but I'm pretty indecisive. Any advice?
Etsy seems to be the stock of the month
I'll bite.
Downgrades
Some Wall Street analysts slashed the price target on Etsy from $150 to $85. There are also those who think that Etsy will continue to go down to $60. Isn't that a bit too much? I don't believe it will come true.
Etsy will keep growing
Things looked dicey before the pandemic but now this seems to be one of the COVID-19 winners (if anything can be called that.) Right now, Etsy is significantly undervalued in my opinion, which presents a great opportunity. It's a risk, I'll admit... — read more