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W

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

5B

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

Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Wayfair (NYSE:W) but lowered the price target from $90 to $60.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 7:20 pm

Analysts have provided various ratings for Wayfair (NYSE:W) in the last quarter, with a total of 4 bullish, 5 somewhat bullish, 7 indifferent, and 1 bearish. The average 12-month price target for Wayfair, according to 17 analysts, is $79.47, an increase of 4.91% from the previous average price target of $75.75.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 4:00 pm

Stephens & Co. analyst Nicholas Zangler maintains an Overweight rating on Wayfair (NYSE:W) but has lowered the price target from $105 to $75.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 2:27 pm

Wedbush analyst Seth Basham maintains an Outperform rating on Wayfair (NYSE:W) but has lowered the price target from $80 to $65.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:24 pm

Needham analyst Anna Andreeva has maintained a 'Buy' rating on Wayfair (NYSE:W) but lowered the price target from $100 to $75.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:06 pm

Wayfair Inc's Q3 FY23 results show a sales increase of 3.7% Y/Y to $2.94 billion, missing the consensus of $2.98 billion. International net revenue fell 7.0% Y/Y, while U.S. revenue rose 5.4% Y/Y. Active customers decreased by 1.3% Y/Y. Gross profit was $917 million, with a margin of 31.1%. Adjusted EPS of $(0.13) beat the analyst consensus of $(0.48). The company held over $1.28 billion in cash and equivalents.

Portfolio Pulse from Lekha Gupta

November 01, 2023 | 1:44 pm

Wayfair, during a conference call, clarified that they have not provided any guidance for the year 2024.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:51 pm

Wayfair's Q3 report shows a 1.3% YoY decrease in active customers, totaling 22.3 million.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:05 am

Wayfair reported its Q3 earnings with an adjusted EPS of $(0.13), beating the estimated $(0.48). However, the total net revenue of $2.944B fell short of the estimated $2.983B.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:04 am

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable trades include bullish call options for Tesla (TSLA) and General Motors (GM), bearish call options for Victoria's Secret (VSCO) and Airbnb (ABNB), and bearish put options for Lennar Corporation (LEN), Monro (MNRO), and Abercrombie & Fitch (ANF). Neutral sentiment was observed for Wayfair (W) and Rivian (RIVN).

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 5:35 pm

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