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

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable trades include bearish put options for TSLA, PHM, W, F, DKNG, and MCD, and bullish call options for WYNN and DBI. Interestingly, ABNB and ULTA have bullish put options.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 5:37 pm

Shares of Wayfair Inc (NYSE:W) have lost around 24% since mid-August due to macro headwinds and higher interest rates. Despite these challenges, analyst Seth Basham maintains an Outperform rating for Wayfair, while reducing the price target from $100 to $80. Basham believes that Wayfair will meet Q3 expectations due to incremental market share growth, despite weaker industry demand trends.

Portfolio Pulse from Priya Nigam

October 09, 2023 | 4:08 pm

Wedbush has maintained an Outperform rating on Wayfair's stock but reduced its price target from $100 to $80. This has led to a decrease in Wayfair's share price.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 2:27 pm

Over the past 3 months, 34 analysts have published their opinion on Wayfair (NYSE:W) stock. The company has an average price target of $88.85 with a high of $139.00 and a low of $55.00. This average price target has increased by 44.87% over the past month.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 1:00 pm

Wedbush analyst Seth Basham maintains an Outperform rating on Wayfair (NYSE:W) but lowers the price target from $100 to $80.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:26 pm

The article reports on the options activity of 10 consumer discretionary stocks. The stocks mentioned are Tesla (TSLA), DraftKings (DKNG), Carvana (CVNA), Toyota Motor (TM), KB Home (KBH), Lucid Group (LCID), V.F. Corporation (VFS), Mattel (MAT), Home Depot (HD), and Wayfair (W). The article provides detailed information about the options activity for each stock, including the type of option (put or call), the sentiment (bearish or bullish), the expiration date, the strike price, the total trade price, the open interest, and the volume.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:35 pm

Several stocks experienced significant movement in Tuesday's mid-day session. Vericity, Inc. (VERY) shares climbed 87.4% after iA Financial Group announced it will acquire the company. POINT Biopharma Global Inc. (PNT) surged 84.7% after Eli Lilly And Co (LLY) agreed to acquire the company. ALX Oncology Holdings Inc. (ALXO) shares jumped 56% after releasing interim Phase 2 data from its ASPEN-06 trial. On the downside, SmileDirectClub, Inc. (SDC) dipped 39.7% after receiving notice that its securities will be delisted from the Nasdaq. WeWork Inc. (WE) fell 22% after opting not to make aggregate interest payments totaling about $95.2 million.

Portfolio Pulse from Lisa Levin

October 03, 2023 | 5:32 pm

Retail and consumer discretionary stocks are trading lower due to overall market weakness caused by rising Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:05 pm

Culper Research has raised doubts about GigaCloud Technology's success story, highlighting several inconsistencies in the company's narrative. These include an improbably low workforce for their warehouse operations, claims of being significantly more efficient than industry giants, and a lack of hiring activity. The company's last-mile delivery segment, which reportedly generated over $80 million in revenue, is registered with just five vehicles. GigaCloud's shares are down 23.9%.

Portfolio Pulse from Vandana Singh

September 28, 2023 | 2:48 pm

Benzinga's options activity scanner has identified significant trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), General Motors (GM), Rivian (RIVN), Faraday Future (FFIE), Wayfair (W), Airbnb (ABNB), Li Auto (LI), Accel Entertainment (ACEL), Lululemon Athletica (LULU), and Fisker (FSR). The options activity ranges from neutral to bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:35 pm

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