
Dear Diary,
Another day, another stock that’s decided to moonwalk downward. Today’s victim? Etsy. Let’s dissect this disaster with the precision of a seasoned activist investor (read: someone who still hasn’t figured out dollar-cost averaging).
4. Number of Analyst Reports Read That Sounded Like They Were Written by a Chatbot: 3.
Etsy’s Enthusiasm Is Curbed (But Not My Eye-Roll)
the checkout feature is nice, but OpenAI’s got other e-commerce partners in its sights. Translation: Etsy’s just the appetizer. Shopify’s next on the menu, and I bet they’re already rehearsing their thank-you speech.
Meanwhile, The Conference Board dropped September’s consumer sentiment reading like a clumsy toddler with a Ming vase: 94.2. Down 3.6 points. Because nothing says “I’m ready to splurge on vintage vinyl” like a 3.6-point drop in confidence. Etsy’s holiday quarter? It’s teetering like a poorly balanced DIY bookshelf.
Valuation: A Love Letter to Overpriced Hope
At 24 times 2026 earnings, Etsy isn’t exactly a bargain bin find. Even after today’s plunge, the stock is still pricier than my therapist’s hourly rate. If 2026 earnings don’t double as projected, we might see more downward revisions-possibly accompanied by a lot of existential soul-searching among investors.
1. Don’t trust a partnership that makes you someone else’s feature. 2. Consumer sentiment is a fickle friend. 3. Handmade goods can’t outshine algorithmic convenience forever. 🕯️
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2025-09-30 22:59