ETSY
Etsy, Inc.
ETSY has the edge over NIO overall, supported by stronger valuation and stronger modeled upside.
NIO
NIO Inc.
NIO's outlook is improving, though it still trails on the overall score.
ETSY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Healthy | |
| Healthy |
ETSY's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
ETSY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 10x | $88.29 | — |
| Forward | 19x | $88.29 | — |
| Cheap | 27x | $233 | +164% |
| Fair | 40x | $343 | +288% |
| Expensive | 77x | $662 | +649% |
Historical ranges are pointers, not guarantees.
ETSY's PE is in its cheap range at 10x. On analysts' estimates for next year's earnings, today's price would be 19x.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
ETSY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for ETSY, with profitability improving.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect NIO's losses to shrink, with revenue growing.
ETSY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.58 | -46% |
| Q3 2026 | $8.55 | +511% |
| Q2 2026 | $1.87 | +53% |
| Q1 2026 | $2.48 | +80% |
| Q4 2025 | $1.39 | -41% |
| Q3 2025 | $1.40 | -29% |
| Q2 2025 | $1.22 | -43% |
| Q1 2025 | $1.38 | -37% |
| Q4 2024 | $2.35 | +4.9% |
ETSY has the edge over NIO on earnings quality, reporting a profit while its opponent remains loss making.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
ETSY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $692.5M | +2.1% |
| Q2 2026 | $668.3M | -0.6% |
| Q1 2026 | $631.3M | -3.1% |
| Q4 2025 | $881.6M | +3.5% |
| Q3 2025 | $678M | +2.4% |
| Q2 2025 | $672.7M | +3.8% |
| Q1 2025 | $651.2M | +0.8% |
| Q4 2024 | $852.2M | +1.2% |
ETSY's revenue grew through 2023 and has held roughly level since: $692M last quarter, up 2.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | +3.9 points |
| Q2 2026 | 19% | +7.4 points |
| Q1 2026 | 19% | +22 points |
| Q4 2025 | 15% | -3.5 points |
| Q3 2025 | 12% | -0.9 points |
| Q2 2025 | 11% | +0.5 points |
| Q1 2025 | -3.4% | -14 points |
| Q4 2024 | 18% | +4.5 points |
ETSY has the edge over NIO on profitability, with a higher operating margin.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO has the edge over ETSY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
ETSY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $158.3M | -26% |
| Q2 2026 | $39.3M | -61% |
| Q1 2026 | $79.3M | +73% |
| Q4 2025 | $315.9M | +1.6% |
| Q3 2025 | $215M | +0.9% |
| Q2 2025 | $101.3M | -31% |
| Q1 2025 | $45.9M | -31% |
| Q4 2024 | $310.9M | +7.2% |
ETSY's free cash flow has been positive every quarter for seven years: $593M over the past year, down 12% from the year before.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO's free cash flow was $0 over the past year, against −$2.5B the year before.
ETSY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.3% | -2.7M shares |
| 1 year | -3.5% | -4.3M shares |
| 3 years | -17% | -23.8M shares |
| 5 years | -19% | -27.6M shares |
| Available history | -6.7% | -8.5M shares |
ETSY has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $394.5M |
| Q2 2026 | $249.7M |
| Q1 2026 | $145.2M |
| Q4 2025 | $133.2M |
| Q3 2025 | $119.8M |
| Q2 2025 | $334.7M |
| Q1 2025 | $189.2M |
| Q4 2024 | $259.6M |
ETSY spent $923M buying back its own shares over the past year, up 2.1% from the year before.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
ETSY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 3.9x | Elevated |
| Q1 2026 | 3.6x | Elevated |
| Q4 2025 | 4.3x | High |
| Q3 2025 | 4.4x | High |
| Q2 2025 | 4.5x | High |
| Q1 2025 | 4.1x | High |
| Q4 2024 | 3.0x | Elevated |
ETSY's net debt is about 1.6 years of its operating earnings (EBITDA), down from 4.4 years a year ago.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ETSY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.2 | Neutral |
| Stochastic | 75.1 | Neutral |
ETSY's weekly RSI is 63 (neutral) and its Stochastic is 75 (neutral).
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
ETSY PE vs Consumer Cyclical Sector
| Metric | ETSY | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 18x | 43% below |
| PE % | 0 | 47 | 47 pts below |
ETSY is trading at 10x earnings, a 43% discount to the Consumer Cyclical sector's median of 18x.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
ETSY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $82.2 | 7.5% above |
| 20 week MA | $80.7 | 9.4% above |
| 50 week MA | $67.5 | 31% above |
| 100 week MA | $61.5 | 44% above |
| 200 week MA | $68.7 | 29% above |
ETSY has the edge over NIO on trend strength, trading above more of its moving averages.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
ETSY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $45.0 | $190.3 | +323% |
| 2021 | $190.3 | $228.1 | +20% |
| 2022 | $228.1 | $126.9 | -44% |
| 2023 | $126.9 | $81.1 | -36% |
| 2024 | $81.1 | $52.7 | -35% |
| 2025 | $52.7 | $55.8 | +5.8% |
| 2026 YTD | $55.8 | $88.3 | +58% |
ETSY has the edge over NIO on returns for 2026, with the stronger performance.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.