Where Will Etsy Stock Be in 1 Year?
The coronavirus pandemic brought nearly 25 million new active buyers to Etsy's (NASDAQ: ETSY) marketplace, creating a massive acceleration in revenue growth through the third quarter of 2020. The stock has soared over 300% over the last year, but what happens to Etsy's momentum after the pandemic is over?
Wall Street analysts already expect revenue growth to decelerate this year, but Etsy could surprise if it can keep new buyers coming back. There are a few factors at play that could keep Etsy growing strong in 2021.
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Source Fool.com