HEPS
D-MARKET Electronic Services & Trading
$2.80
-1.75%
$1.0B
No data for this timeframe.
Vol
Market Cap$1.0B
Cap SizeSmall Cap
Inst. Holders14 funds
Inst. Value$16.0M
Inst. Activity1 buys / 1 sells
SEC Reports2
Recent Activity
Apr 30, 2026
SEC
Hepsiburada filed its 2025 annual report (20-F) showing a net loss of TRY 5,699.2 million, widening from a TRY 2,100.7 m
20-F — Impact 7/10
Apr 16, 2026
SEC
D-MARKET Elektronik Hizmetler ve Ticaret A.Ş (HEPS) announced it will report Q1 2026 earnings on May 7, 2026, after the
PRESS-RELEASE — Impact 3/10
Inst.
MORGAN STANLEY — TRIM
522,636 shares ($1.4M)
Inst.
FMR LLC — ADD
20,804 shares ($54.5K)
May 13, 2026
short_interest
FTD: HEPS — 219,814 shares ($0.6M) failed to deliver
Settlement: 20260513, Price: $2.66, FTD Value: $584,705.24, D-MARKET ELECTR SVCS & TRADING
Price Targets
Historical data — last covering-analyst action Nov 2025. No current recommendation available.
$3.26 (Nov 2025)
Current $2.80
Low $2.90
Median $2.93
High $3.94
3 analysts
$2.90
$3.94
Analyst Ratings
3Strong Buy
3Buy
3Hold
0Sell
0Strong Sell
Historical Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Nov 18, 2025 | JP Morgan | DOWNGRADE | Overweight → Neutral |
| Aug 31, 2021 | B of A Securities | DOWNGRADE | Buy → Neutral |
| Aug 4, 2021 | HSBC | INITIATE | Buy |
| Jul 27, 2021 | JP Morgan | INITIATE | Overweight |
| Jul 27, 2021 | Morgan Stanley | INITIATE | Equal-Weight |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current FY | $-12.74 | $-15.86 — $-9.63 | 29% YoY | 2 |
| Next FY | $-7.77 | $-12.04 — $-3.50 | 39% YoY | 2 |
Latest Reports
BEARISH
20-F
7/10
Hepsiburada filed its 2025 annual report (20-F) showing a net loss of TRY 5,699.2 million, widening from a TRY 2,100.7 m
Apr 30, 2026
NEUTRAL
PRESS-RELEASE
3/10
D-MARKET Elektronik Hizmetler ve Ticaret A.Ş (HEPS) announced it will report Q1 2026 earnings on May 7, 2026, after the
Apr 16, 2026
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| BlackRock, Inc. | $7.2M | ADD |
| STATE STREET CORP | $6.1M | DOUBLED |
| MORGAN STANLEY | $1.4M | TRIM |
| NOMURA ASSET MANAGEMENT INTERNATIONAL | $419.0K | — |
| Russell Investments Group, Ltd. | $317.8K | — |
14 institutional holders with $16.0M total value (6,111,305 shares) as of 2026-Q1. Top holders: BlackRock,, STATE, MORGAN.
Top Institutional Holders — 2026-Q1
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2,747,500 | $7.2M | 45.0% | ADD +76.1% |
| 2 | STATE STREET CORP | 2,337,941 | $6.1M | 38.3% | DOUBLED +190.4% |
| 3 | MORGAN STANLEY | 522,636 | $1.4M | 8.6% | TRIM -37.7% |
| 4 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 159,800 | $419.0K | 2.6% | — |
| 5 | Russell Investments Group, Ltd. | 121,305 | $317.8K | 2.0% | — |
| 6 | CITADEL ADVISORS LLC | 60,000 | $157.2K | 1.0% | DOUBLED +380.9% |
| 7 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 48,746 | $127.7K | 0.8% | — |
| 8 | TWO SIGMA INVESTMENTS, LP | 39,738 | $104.1K | 0.7% | — |
| 9 | FMR LLC | 20,804 | $54.5K | 0.3% | ADD +57.7% |
| 10 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 15,000 | $39.3K | 0.2% | — |
| 11 | RHUMBLINE ADVISERS | 14,066 | $36.8K | 0.2% | TRIM -29.5% |
| 12 | Vident Advisory, LLC | 12,669 | $33.2K | 0.2% | TRIM -30.1% |
| 13 | CITADEL ADVISORS LLC | 10,900 | $28.6K | 0.2% | DOUBLED +380.9% |
| 14 | JONES FINANCIAL COMPANIES LLLP | 200 | $522.00 | 0.0% | — |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| MORGAN STANLEY | TRIM | 838,360 | 522,636 | -37.7% | $1.4M | 2026-Q1 |
| FMR LLC | ADD | 13,188 | 20,804 | +57.7% | $54.5K | 2026-Q1 |
| STATE STREET CORP | DOUBLED | 819,430 | 2,379,825 | +190.4% | $5.9M | 2025-Q4 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | ADD | 60,497 | 80,338 | +32.8% | $216.9K | 2025-Q4 |
| FMR LLC | TRIM | 20,589 | 13,188 | -35.9% | $32.7K | 2025-Q4 |
| MORGAN STANLEY | ADD | 835,078 | 1,116,744 | +33.7% | $3.0M | 2025-Q3 |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | 255,700 | 118,188 | -53.8% | $317.9K | 2025-Q3 |
| FMR LLC | ADD | 12,820 | 20,589 | +60.6% | $55.4K | 2025-Q3 |
| RHUMBLINE ADVISERS | TRIM | 21,490 | 15,155 | -29.5% | $40.8K | 2025-Q3 |
| UBS Group AG | DOUBLED | 138,889 | 852,178 | +513.6% | $2.3M | 2025-Q2 |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | 347,500 | 255,700 | -26.4% | $690.4K | 2025-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | ADD | 4,200 | 6,000 | +42.9% | $16.2K | 2025-Q2 |
| BlackRock, Inc. | ADD | 1,071,645 | 1,887,357 | +76.1% | $5.4M | 2025-Q1 |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | 607,700 | 347,500 | -42.8% | $990.4K | 2025-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | TRIM | 249,664 | 162,359 | -35.0% | $462.7K | 2025-Q1 |
| UBS Group AG | TRIM | 291,301 | 138,889 | -52.3% | $395.8K | 2025-Q1 |
| RHUMBLINE ADVISERS | ADD | 15,215 | 19,296 | +26.8% | $55.0K | 2025-Q1 |
| MORGAN STANLEY | ADD | 522,088 | 1,005,118 | +92.5% | $3.0M | 2024-Q4 |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | 1,113,800 | 607,700 | -45.4% | $1.8M | 2024-Q4 |
| Vident Advisory, LLC | TRIM | 30,221 | 21,136 | -30.1% | $64.0K | 2024-Q4 |
| MORGAN STANLEY | TRIM | 812,633 | 522,088 | -35.8% | $1.2M | 2024-Q3 |
| CITADEL ADVISORS LLC | DOUBLED | 55,206 | 265,472 | +380.9% | $600.0K | 2024-Q3 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | DOUBLED | 44,370 | 243,809 | +449.5% | $16.1K | 2024-Q3 |
No insider trading data available yet. Insider transactions are collected from SEC Form 4 filings.
2 SEC filing reports analyzed. Sentiment: 0 bullish, 1 bearish, 0 mixed, 1 neutral. Avg impact: 5.0/10.
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Historical analyst distribution (last covering-analyst action Nov 2025): 67% buy across 9 analysts — 3 strong buy, 3 buy, 3 hold, 0 sell, 0 strong sell. No current recommendation available.
Analyst Price Targets
Historical data — last covering-analyst action Nov 2025. No current recommendation available.
$3.26 mean target (Nov 2025)
$2.90 Low
$3.94 High
| Metric | Value |
|---|---|
| Current Price | $2.80 |
| Target Low | $2.90 |
| Target Mean | $3.26 |
| Target Median | $2.93 |
| Target High | $3.94 |
| # Analysts | 3 |
| Recommendation | — (no recent coverage) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q | $0.00 | $0.00 | $0.00 | — | — | — | $0.0B | — | — |
| Next Q | $0.00 | $0.00 | $0.00 | — | — | — | $0.0B | — | — |
| Current FY 2026-12-31 |
$-12.74 | $-15.86 | $-9.63 | 29.2% | +0.0% | — | $121.0B | 42.9% | 2 |
| Next FY 2027-12-31 |
$-7.77 | $-12.04 | $-3.50 | 39.0% | +0.0% | — | $156.1B | 29.0% | 2 |
5 analyst firms have rated this stock: 0 upgrades, 2 downgrades, 4 initiations.
Historical Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Nov 18, 2025 | JP Morgan | DOWNGRADE | Overweight | Neutral |
| Aug 31, 2021 | B of A Securities | DOWNGRADE | Buy | Neutral |
| Aug 4, 2021 | HSBC | INITIATE | — | Buy |
| Jul 27, 2021 | JP Morgan | INITIATE | — | Overweight |
| Jul 27, 2021 | Morgan Stanley | INITIATE | — | Equal-Weight |
| Jul 27, 2021 | Goldman Sachs | INITIATE | — | Buy |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 3 | 3 | 3 | 0 | 0 | 67% | |
| May 1, 2026 | 3 | 3 | 3 | 0 | 0 | 67% | |
| Apr 1, 2026 | 3 | 3 | 3 | 0 | 0 | 67% | |
| Mar 1, 2026 | 3 | 3 | 3 | 0 | 0 | 67% | |
| Feb 1, 2026 | 3 | 3 | 3 | 0 | 0 | 67% | |
| Jan 1, 2026 | 3 | 3 | 3 | 0 | 0 | 67% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.
May 13, 2026
short_interest
FTD: HEPS — 219,814 shares ($0.6M) failed to deliver
Settlement: 20260513, Price: $2.66, FTD Value: $584,705.24, D-MARKET ELECTR SVCS & TRADING
May 12, 2026
short_interest
FTD: HEPS — 219,347 shares ($0.6M) failed to deliver
Settlement: 20260512, Price: $2.75, FTD Value: $603,204.25, D-MARKET ELECTR SVCS & TRADING
May 7, 2026
earnings
Hepsiburada Announces First Quarter 2026 Financial Results
<p align="justify">ISTANBUL, May 07, 2026 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a lea
May 7, 2026
earnings_calendar
HEPS Q1 2026 Earnings Scheduled — 2026-05-07
Apr 16, 2026
earnings
Hepsiburada to Announce First Quarter 2026 Results on May 7, 2026
<p align="left">ISTANBUL, April 16, 2026 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a lead
Feb 26, 2026
earnings_calendar
HEPS Q4 2025 Earnings After Market Close — 2026-02-26
Feb 4, 2026
short_interest
FTD: HEPS — 302,680 shares ($0.8M) failed to deliver
Settlement: 20260204, Price: $2.68, FTD Value: $811,182.4, D-MARKET ELECTR SVCS & TRADING
Feb 3, 2026
short_interest
FTD: HEPS — 314,876 shares ($0.9M) failed to deliver
Settlement: 20260203, Price: $2.74, FTD Value: $862,760.24, D-MARKET ELECTR SVCS & TRADING