# Etsy Gets Bullish Upgrade

> Oppenheimer upgrades Etsy to Outperform with $90 target.
- Title: Etsy Gets Bullish Upgrade · Yahoo Finance | Shortify
- Summary: Oppenheimer upgrades Etsy to Outperform with $90 target. Oppenheimer upgraded Etsy from Perform to Outperform with a $90 price target based on 2027 EBITDA…
- Keywords: etsy, oppenheimer, price target, gms growth, share repurchase, restructuring, business, finance, Gets, Bullish, Upgrade, Yahoo Finance
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/etsy-gets-bullish-upgrade-investors-153936911.html
- Published: 2026-09-17T15:39:36+00:00
- Read time: 1 min
- Topics: etsy, oppenheimer, price target, gms growth, share repurchase, restructuring, business, finance
## Oppenheimer Upgrade
Oppenheimer upgraded Etsy from Perform to Outperform with a $90 price target on September 15, 2026.
## Q2 Results Boost
Etsy reported Q2 2026 results with 7.5% year-over-year GMS growth to $2.6 billion, marking three consecutive quarters of growth.
## Share Repurchase Plan
Etsy announced a $2 billion share repurchase program to return excess capital to shareholders.
## Restructuring Plan
Etsy plans to cut 220 employees or 12% of its workforce by end of Q3 with $35 million in restructuring charges.
## GMS Guidance
Etsy expects full-year 2026 GMS growth in mid-single-digit range and adjusted EBITDA margin of 29% to 30%.
## Investor Sentiment
Hedge fund interest increased from 44 to 51 positions in Q2 2026, while short interest remains at 13.72% of float.
## Key takeaway

Oppenheimer upgraded Etsy from Perform to Outperform with a $90 price target based on 2027 EBITDA projections.