Streetbeat News

Wayfair Inc.

https://www.wayfair.com

Industry

Specialty Retail

Wayfair Inc. engages in the e-commerce business in the United States and internationally. The company provides approximately thirty-three million products for the home sector under various brands. It offers online selections of furniture, décor, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands. The company was founded in 2002 and is headquartered in Boston, Massachusetts.

Open

56.51

Mkt cap

6.6B

Volume

High

56.54

P/E Ratio

-11.72

52-wk high

76.17

Low

51.73

Div yield

N/A

52-wk low

37.35

Wayfair's stock declined this week due to the Federal Reserve's decision to reduce its rate-cut forecast for next year, impacting interest-rate-sensitive stocks.

Portfolio Pulse from

December 19, 2024 | 7:00 pm

The article discusses a growth stock that has declined by 17% in 2024, suggesting it as a potential buy. Despite the overall strong performance of growth stocks this year, this particular stock presents a buying opportunity due to its recent decline.

Portfolio Pulse from

December 17, 2024 | 10:00 am

The article suggests that December is an opportune time for investors to consider stocks in underperforming industries, such as housing, which shows signs of improvement.

Portfolio Pulse from

December 15, 2024 | 11:30 am

Wayfair is planning to boost its market share by 50% with a strategy similar to Amazon's Prime membership program, which offers fast free shipping and streaming video content.

Portfolio Pulse from

December 01, 2024 | 10:30 am

Wayfair, a leader in home goods and furniture e-commerce, is currently facing challenges but remains a significant player in the market. The article discusses the potential future of Wayfair's stock over the next year.

Portfolio Pulse from

November 19, 2024 | 3:15 pm

The article suggests that Wayfair is an undervalued stock that will benefit from an improved housing market in the future.

Portfolio Pulse from

November 13, 2024 | 11:30 pm

Wayfair faces challenges with declining U.S. sales and potential tariffs, leading to a rating downgrade to neutral. Q3 revenue fell 2% year-over-year, with gross margins dropping to 30.3% due to increased promotions.

Portfolio Pulse from

November 07, 2024 | 1:15 pm

Wayfair's stock fell by 24% in October due to the impact of rising interest rates.

Portfolio Pulse from

November 07, 2024 | 12:30 am

Wayfair's stock has dropped 88% following a disappointing earnings report, but there is potential for recovery by 2025.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Wayfair's fundamentals are strong despite near-term challenges. The company is gaining market share in the online furniture market, indicating a strong competitive position. With continued execution of its growth strategy and an improving macro environment, Wayfair's stock has potential for significant outperformance.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.