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 trading activity in 10 consumer discretionary stocks. The stocks include TJX, TSLA, W, NKE, CBRL, WYNN, SBUX, EXPE, CROX, and AAP. The options activity ranges from bullish to bearish and neutral sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 5:35 pm

Guggenheim analyst Steven Forbes has reiterated a 'Buy' rating on Wayfair (NYSE:W) and maintained a price target of $100.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 12:39 pm

Goldman Sachs analyst Alexandra Steiger maintains a Neutral rating on Wayfair (NYSE:W) and raises the price target from $62 to $75.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:23 pm

Barron's has highlighted several stocks in its weekend review. Twilio Inc (TWLO) received an upgrade due to its AI capabilities. AMC Entertainment Holdings Inc (AMC) saw its stock tumble after a court approved the conversion of preferred equity units into common shares. Boeing Co (BA) and Archer Aviation Inc (ACHR) settled their litigation, with Boeing investing in Archer. Analysts have become bullish on Wayfair Inc (W) following a promising investor presentation. NextEra Energy Inc is seen as a low-risk green play.

Portfolio Pulse from Justin Chan

August 12, 2023 | 9:59 pm

Needham analyst Anna Andreeva reiterated a Buy rating on Wayfair Inc (NYSE:W) with a price target of $100. The analyst predicts continued top-line growth for Wayfair through 2024, despite pandemic gains being lapped. Wayfair's growth is expected to be driven by double-digit sales CAGR, international expansion, and a focus on advertising. The company's competitive edge in fulfillment through its own global logistics network is also seen as an under-appreciated asset.

Portfolio Pulse from Shivani Kumaresan

August 11, 2023 | 6:18 pm

Goldman Sachs has maintained its Neutral rating for Wayfair (NYSE:W) and increased its price target from $62.00 to $75.00. Wayfair's shares are currently trading at $73.15, up 0.41% over the last 24 hours. A move to $75.00 would represent a 2.53% increase from the current share price.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:00 pm

Wedbush analyst Seth Basham has reiterated an Outperform rating on Wayfair (NYSE:W) and maintained a $100 price target.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 2:46 pm

Goldman Sachs analyst Alexandra Steiger maintains a Neutral rating on Wayfair (NYSE:W) and raises the price target from $62 to $75.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 12:27 pm

Needham analyst Anna Andreeva has reiterated a 'Buy' rating on Wayfair (NYSE:W) and maintained a price target of $100.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 11:16 am

In Thursday's after-market session, several consumer discretionary stocks saw significant movement. Shift Techs, Aterian, Wayfair, Soho House, REE Automotive, and Big 5 Sporting Goods were among the gainers, with increases ranging from 3.55% to 5.5%. On the other hand, Tilly's, Esports Entertainment, a.k.a. Brands Holding, Jiuzi Hldgs, Selina Hospitality, and Visionary Education Tech were among the losers, with decreases ranging from 3.45% to 4.9%.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 9:32 pm

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