Etsy (ETSY) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- -$0.36
- Estimate
- $0.73
- Surprise
- -149.1%
- Revenue (period 2026-06-30)
- $668.3M
- Score at report (before → after)
- 4.8 → 4.8/10
Revenue source: xbrl.
How the report landed
Etsy (ETSY) reported a wider loss than forecast — adjusted EPS of -$0.36 against the $0.73 estimate (a 149.1% shortfall). TrendMatrix's engine moved from Buy (Wait) (4.8/10) to Sell at 4.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ETSY Buy (Wait) at 5.2/10.
1 of the last 4 quarters beat the estimate; this quarter's -149.1% surprise compares with a -36.8% four-quarter average. Next scheduled report: 2026-10-28.
What supports the rating
- Positive momentum
What argues against it
- Concentration risk — Geographic: U.S. buyers (74.0%)
- Analyst target reached - limited upside remaining
- Near 52-week high (3.8% away)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $87.66
- Entry target
- $77.82
- Stop
- $72.37
The stock trades at 25.0× trailing but 12.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 73 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-27 — shown for context, not personalized investment advice.
ETSY at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Internet Retail
- Market cap
- $7.84B
- P/E (fwd)
- 12.4
- P/E (ttm)
- 25.0
- 52-week range
- $44.00–$91.12
- Off 52-week high
- 3.8%
- RSI (14)
- 73
- Volume vs avg
- 1.20×
- Score today
- 5.2/10