Argus
•
May 19, 2025
Etsy, Inc.: Looking for more favorable entry point
Sector(s)
Consumer Cyclical
Summary
Founded in 2005, Etsy is a global marketplace for creative goods. It went public in April 2015 and became a constituent of the S&P 500 in 2020. Etsy is a 'two-sided marketplace' that connects sellers of more than 50 merchandise categories with millions of buyers under the motto: 'keep commerce human.' In addition to Etsy, the company also owns Reverb, an online marketplace for buying and selling new, used, and vintage musical gear and depop, an online marketplace for used and vintage clothing from around the world. Headquartered in Brooklyn, New York, Etsy is one of the top-ranked U.S. e-commerce sites by monthly visits and has about 2400 employees.
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