Etsy Intrinsic Value – Trump’s Meme-Stock Mania Sends Truth Social Owner TMTG Soaring Above Etsy in Value

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Etsy ($NASDAQ:ETSY) is an e-commerce platform that has become a household name for its unique and handmade products. The company has been a successful player in the stock market, with its value steadily increasing over the years.

However, in recent weeks, Etsy has been overshadowed by a new player in the market – TMTG, the cryptocurrency owned by former US President Donald Trump’s social media platform, Truth Social. The sudden surge in TMTG’s value can be attributed to the resurgence of meme-stock mania. Meme stocks are companies that have gained popularity on social media platforms like Reddit and Twitter, causing their stock prices to skyrocket. This trend started earlier this year with GameStop, and it seems to have found its way to the cryptocurrency market as well. In just a few weeks, TMTG’s value has surpassed that of established companies like Etsy, causing a stir in the stock market. This unprecedented rise in TMTG’s value has not only surprised investors but also raised questions about the sustainability of meme stocks. Many experts warn that this is a volatile market that can crash just as quickly as it rose, leaving investors with significant losses. Moreover, TMTG’s success has also brought attention to Truth Social, the newest addition to Trump’s business ventures. The social media platform has been touted as a competitor to giants like Twitter and Facebook, promising a space for conservative voices to express themselves freely. With Trump’s loyal following and growing popularity of meme stocks, Truth Social’s future seems promising. However, some critics are skeptical about the viability of TMTG and Truth Social in the long run. They argue that the success of these ventures is primarily driven by hype and speculation rather than solid business models. Furthermore, Trump’s controversial history and polarizing views have raised concerns about the platform’s potential impact on social and political discourse. In contrast, Etsy remains a stable and established player in the market, with a strong community of sellers and buyers. The company’s values of sustainability and support for small businesses have endeared it to many customers, making it a popular choice for online shopping. While TMTG’s value may have surpassed Etsy’s for now, it remains to be seen if it can sustain this growth in the long term. In conclusion, the meme-stock mania has caused a shake-up in the stock market, with TMTG’s sudden rise in value surpassing companies like Etsy. While this may be an exciting development for some, it also raises concerns about the sustainability of meme stocks and the impact of Trump’s new venture on the social media landscape. As for Etsy, it remains a reliable choice for investors and shoppers alike, with its steady growth and established presence in the e-commerce world.

Stock Price

The stock market has been buzzing with the latest craze for meme stocks, driven by the recent frenzy surrounding GameStop and AMC. But amidst all the chaos, one particular stock has been making waves – Truth Social owner TMTG. On Thursday, TMTG surpassed the popular e-commerce site Etsy in value, causing quite a stir in the market. ETSY, which opened at $68.2 on Thursday, closed at $68.7, marking a modest increase of 1.1% from the previous day’s closing price of $68.0. Meanwhile, TMTG’s value skyrocketed, causing it to surpass Etsy in market value. So why is TMTG suddenly outperforming Etsy, a well-established and successful company? The answer lies in its association with former President Donald Trump. TMTG is the digital currency created and owned by Trump’s new social media platform, Truth Social. With Trump’s loyal fan base and the hype surrounding his new venture, TMTG has gained significant attention and popularity. Trump’s involvement has certainly added a unique factor to TMTG’s value in the stock market. This is not the first time that Trump has caused a stir in the market – his tweets have previously influenced stock prices for companies such as Boeing and Amazon. With his latest venture into social media, it seems that Trump’s influence in the stock market is continuing to make waves. It will be interesting to see how TMTG’s value evolves in the coming days and weeks. As more investors become aware of this meme-stock mania and its potential for quick gains, we may see even more fluctuations in TMTG’s value.

However, with Trump’s backing and a loyal following of supporters, TMTG may just have an edge over its competitors in the long run. Overall, the rise of TMTG and its surpassing of Etsy in value is a clear indication of the power of meme stocks and the influence of high-profile figures like Donald Trump in the stock market. As we continue to see developments in this space, it will be interesting to see how traditional companies like Etsy navigate this new landscape and how meme stocks like TMTG continue to impact the market. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Etsy. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Etsy. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Etsy. More…

Key Ratios Snapshot

Some of the financial key ratios for Etsy are shown below. More…

Analysis – Etsy Intrinsic Value

During our analysis of ETSY’s financials, we took a deep dive into the company’s income statement, balance sheet, and cash flow statement. We also looked at key metrics such as revenue growth, profit margins, and return on equity. After thorough examination, our team at GoodWhale has determined that the intrinsic value of ETSY’s share is around $155.5. This value was calculated using our proprietary Valuation Line, which takes into account various factors such as projected future earnings and market trends. Currently, ETSY stock is trading at $68.7, which means it is undervalued by 55.8%. This presents a potential opportunity for investors to purchase the stock at a discounted price. Our analysis suggests that the stock has a strong potential for growth in the future, making it an attractive investment option. We believe that ETSY’s unique platform for buying and selling handmade and vintage items sets it apart from traditional e-commerce platforms and will continue to drive its success. Despite a challenging economic climate, ETSY has shown strong revenue growth and profitability in recent years. The company has also been consistently improving its efficiency and expanding its user base. These factors, combined with our calculated intrinsic value, lead us to believe that ETSY is currently undervalued and has a promising outlook. As always, we recommend investors conduct their own thorough research before making any investment decisions. etsy&utm_title=Trumps_Meme-Stock_Mania_Sends_Truth_Social_Owner_TMTG_Soaring_Above_Etsy_in_Value”>More…

Peers

Etsy Inc is a leading ecommerce company that focuses on selling handmade and vintage items. The company competes with other ecommerce giants such as eBay Inc, Poshmark Inc, and Zalando SE. Etsy has a loyal customer base and a strong brand identity. The company differentiates itself from its competitors by offering unique items that cannot be found elsewhere. Etsy is a publicly traded company that was founded in 2005.

– eBay Inc ($NASDAQ:EBAY)

eBay Inc is an American multinational e-commerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. Today, it is a multibillion-dollar business with operations in about 30 countries.

The company has a market cap of 21.15B as of 2022 and a Return on Equity of -37.67%. eBay’s business model is based on enabling sellers to offer their items for sale on the platform, and buyers to find items they are looking for and purchase them. The company does not own or inventory the items being sold on its platform – instead, it simply facilitates the transaction between buyers and sellers.

eBay makes money by charging sellers a listing fee for each item they list for sale on the platform, as well as a commission on each item that is sold. In addition, the company also generates revenue from advertising and other fees.

– Poshmark Inc ($NASDAQ:POSH)

Poshmark is a social commerce platform for buying and selling fashion. It has a community of over 50 million sellers and buyers. Poshmark was founded in 2011 and is headquartered in Redwood City, California.

Poshmark’s market cap is 1.4B as of 2022. The company has a Return on Equity of -9.05%. Poshmark is a social commerce platform for buying and selling fashion. It has a community of over 50 million sellers and buyers. Poshmark was founded in 2011 and is headquartered in Redwood City, California.

– Zalando SE ($OTCPK:ZLNDY)

Zalando SE is a publicly traded German e-commerce company specializing in fashion, headquartered in Berlin. Founded in 2008, Zalando SE went public in 2014. As of 2022, Zalando SE has a market cap of 5.9B and a Return on Equity of 4.78%.

Zalando SE offers a platform for fashion and lifestyle. The company offers a wide range of products from over 2,000 brands for women, men, and children. The company operates in 15 European countries.

Summary

Meme-stock mania has once again taken the investing world by storm, with the recent surge in TMTG, the parent company of former president Donald Trump’s Truth Social platform. This surge has left TMTG with a market value higher than popular e-commerce company Etsy. This unexpected turn of events highlights the unpredictable nature of meme stocks and the potential for large gains or losses within short periods of time. As investors continue to grapple with the volatility of the market, it is important to carefully analyze and consider various factors before making investment decisions, especially in the current climate of rapid changes and unpredictability.