Will Etsy's strategic shift pay off? See what's in store for this struggling e-commerce giant.
Shares of Etsy Inc ETSY have lost around 38% year to date, with the company facing intensifying competition.
Goldman Sachs downgraded Etsy Inc (NASDAQ:ETSY) to "sell" from "neutral" this morning, and lowered its price target to $45 from $70.
Shares in this e-commerce company have languished since the pandemic's height. Will it ever recover to previous highs?
Etsy stock has slipped 36% this year.
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. This episode profiles Etsy CFO Rachel Glaser, who's keeping the e-commerce marketplace focused on growth as post-pandemic consumer spending tightens.
Etsy Chief Financial Officer Rachel Glaser has announced she'll retire in 2025, capping a career that included nearly two decades as a CFO. On Bloomberg Chief Future Officer, she tells Caroline Hyde why she's choosing to step down, and what the future holds for Etsy and the next CFO.
Etsy CFO Rachel Glaser believes the e-commerce marketplace is 'uniquely positioned' to reap the benefits of its investments in artificial intelligence and machine learning. Glaser and CEO Josh Silverman tell Caroline Hyde about Etsy's initiatives to drive more shoppers to the site and turn them into repeat buyers on Bloomberg Chief Future Officer.
Buoyed by its unique goods, strong cash generation, and hefty share repurchases, Etsy looks to prove history right again.
Etsy (ETSY) stock has moved from a beloved Wall Street darling into an embattled fallen angel as its business has slowed significantly. It has dropped to $52.80, its lowest point since April 2020, and 82% below its highest level during the pandemic.
This beaten-down stock trades at an attractive valuation.
Etsy is having a hard time reigniting momentum in its business, and its market cap has fallen. Amazon still has loads of opportunities in e-commerce.