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

40.09

Mkt cap

Volume

5.3M

High

42.07

P/E Ratio

-8.92

52-wk high

76.17

Low

39.34

Div yield

N/A

52-wk low

37.60

Wedbush analyst Seth Basham maintains an Outperform rating on Wayfair but lowers the price target from $60 to $50.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 5:06 pm

Top Wall Street analysts have updated their price targets and ratings for several companies, including Tesla, AAON, Saia, Nutanix, and others. Notably, Canaccord Genuity raised Tesla's price target from $278 to $298, maintaining a Buy rating.

Portfolio Pulse from Avi Kapoor

October 28, 2024 | 1:18 pm

Piper Sandler analyst Peter Keith maintains an Overweight rating on Wayfair (NYSE:W) but lowers the price target from $67 to $63.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:00 pm

Beyond, Inc. (NYSE:BYON) faces challenges with declining orders and cash concerns, leading BofA Securities to downgrade its stock. The company struggles with brand relaunches and partnerships, while reducing marketing spend impacts customer affinity. Despite cost-cutting efforts, revenue declines persist.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2024 | 5:48 pm

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large transactions by 'whales' in stocks like TSLA, CVNA, BABA, AMZN, DKNG, PDD, SBUX, JWN, LVS, and W. These activities can indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 5:37 pm

Needham analyst Bernie McTernan has reinstated a Buy rating on Wayfair (NYSE:W) and set a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:08 am

Wayfair has launched a subscription membership offering free shipping and other benefits to boost repeat purchases and sales of home goods beyond furniture.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 3:21 pm

UBS analyst Michael Lasser maintains a Buy rating on Wayfair (NYSE:W) but lowers the price target from $70 to $65.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 3:11 pm

SKYX Platforms Corp has partnered with Wayfair to offer smart plug-and-play home products on Wayfair's website. This collaboration is seen as a growth opportunity for both companies, enhancing market penetration in retail and professional channels.

Portfolio Pulse from Anusuya Lahiri

October 16, 2024 | 1:27 pm

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large transactions by 'whales' in stocks like TSLA, AMZN, NIO, PDD, CZR, YUMC, ULTA, W, ANF, and YUM. These activities can indicate potential trading opportunities due to significant market sentiment shifts.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 5:35 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.