Investment Analysts’ Weekly Ratings Updates for Wayfair (W)

A number of firms have modified their ratings and price targets on shares of Wayfair (NYSE: W) recently:

• 2/24/2025 – Wayfair had its price target lowered by analysts at Royal Bank of Canada from $50.00 to $43.00. They now have a “sector perform” rating on the stock.
• 2/21/2025 – Wayfair was given a new $60.00 price target on by analysts at Raymond James. They now have a “strong-buy” rating on the stock.
• 2/21/2025 – Wayfair was given a new $58.00 price target on by analysts at Piper Sandler. They now have an “overweight” rating on the stock.
• 2/21/2025 – Wayfair had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $46.00 price target on the stock, up previously from $44.00.
• 2/21/2025 – Wayfair had its price target lowered by analysts at Bank of America Co. from $52.00 to $50.00. They now have a “neutral” rating on the stock.
• 2/21/2025 – Wayfair had its price target raised by analysts at BMO Capital Markets from $50.00 to $55.00. They now have a “market perform” rating on the stock.
• 2/21/2025 – Wayfair had its price target lowered by analysts at Loop Capital from $55.00 to $45.00. They now have a “hold” rating on the stock.
• 2/21/2025 – Wayfair had its price target lowered by analysts at Stifel Nicolaus from $47.00 to $46.00. They now have a “hold” rating on the stock.
• 2/21/2025 – Wayfair had its price target lowered by analysts at Truist Financial Co. from $55.00 to $53.00. They now have a “buy” rating on the stock.
• 2/21/2025 – Wayfair had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $50.00 price target on the stock.
• 2/21/2025 – Wayfair had its price target lowered by analysts at Canaccord Genuity Group Inc. from $76.00 to $68.00. They now have a “buy” rating on the stock.
• 1/6/2025 – Wayfair was downgraded by analysts at Wedbush from an “outperform” rating to a “neutral” rating. They now have a $44.00 price target on the stock, down previously from $45.00.

Wayfair Stock Up 2.8 %

Wayfair stock opened at $34.59 on Thursday. The company has a market capitalization of $4.39 billion, a P/E ratio of -8.60 and a beta of 3.44. The stock’s 50 day moving average is $45.02 and its 200 day moving average is $46.37. Wayfair Inc. has a twelve month low of $33.05 and a twelve month high of $76.18.

Wayfair (NYSE:W) last posted its quarterly earnings results on Thursday, February 20th. The company reported ($0.96) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($1.01). The company had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.07 billion. As a group, equities analysts expect that Wayfair Inc. will post -2.54 EPS for the current year.

Insider Buying and Selling at Wayfair

In other news, insider Jon Blotner sold 5,669 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $42.83, for a total value of $242,803.27. Following the transaction, the insider now directly owns 57,899 shares in the company, valued at $2,479,814.17. This trade represents a 8.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Steven Conine sold 30,000 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $53.14, for a total value of $1,594,200.00. Following the completion of the transaction, the insider now owns 632,573 shares in the company, valued at approximately $33,614,929.22. This trade represents a 4.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 164,228 shares of company stock worth $7,830,018. Insiders own 23.50% of the company’s stock.

Hedge Funds Weigh In On Wayfair

A number of institutional investors have recently bought and sold shares of the stock. J.Safra Asset Management Corp raised its holdings in Wayfair by 71.3% in the 4th quarter. J.Safra Asset Management Corp now owns 586 shares of the company’s stock worth $26,000 after purchasing an additional 244 shares during the period. GAMMA Investing LLC raised its holdings in Wayfair by 65.5% in the 4th quarter. GAMMA Investing LLC now owns 710 shares of the company’s stock worth $31,000 after purchasing an additional 281 shares during the period. True Wealth Design LLC raised its holdings in Wayfair by 207.1% in the 4th quarter. True Wealth Design LLC now owns 565 shares of the company’s stock worth $25,000 after purchasing an additional 381 shares during the period. Jones Financial Companies Lllp raised its holdings in Wayfair by 577.0% in the 4th quarter. Jones Financial Companies Lllp now owns 589 shares of the company’s stock worth $26,000 after purchasing an additional 502 shares during the period. Finally, Capital Performance Advisors LLP bought a new position in Wayfair in the 3rd quarter worth $29,000. 89.67% of the stock is owned by institutional investors.

Wayfair Inc provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional.