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

38.94

Mkt cap

4.8B

Volume

3.3M

High

38.94

P/E Ratio

-8.49

52-wk high

76.17

Low

37.37

Div yield

N/A

52-wk low

37.37

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

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:52 am

Wayfair shares are trading higher after the company reported better-than-expected Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:02 am

Wayfair reported Q3 2024 earnings of $0.22 per share, surpassing the analyst estimate of $0.13. Sales reached $2.900 billion, slightly above the $2.876 billion estimate, despite a 1.49% decrease from last year's $2.944 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:00 am

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like Tesla, Ford, Carvana, Amazon, Chewy, Tractor Supply, DraftKings, Abercrombie & Fitch, Aptiv, and Wayfair. These trades indicate potential market movements and sentiment shifts.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 5:35 pm

The article highlights three oversold consumer discretionary stocks with potential for gains in Q4: Levi Strauss & Co (LEVI), Mohawk Industries Inc (MHK), and Wayfair Inc (W). These stocks have RSI values near or below 30, indicating they may be undervalued.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 11:26 am

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

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