ETSY → $35.00 by Jun 22, 2026.

ETSY is a strong short. This is a company trading with a P/E higher than all relevant peers and a company with declining sales. Sure they sold Depop, at a loss, but infused cash to lower debt, but at what expense? The expense of growth. ETSY operates a high cost marketplace, high fees on sellers, high shipping costs and more on buyers, and a premium on the goods that are ‘supposedly’ craft. We are entering the toughest economy in a …