Streetbeat News

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

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

Wayfair (NYSE:W) has seen a significant uptick in options trading, with a bullish sentiment from big-money traders. Benzinga's options scanner revealed 22 trades, predominantly bullish, focusing on a price band between $25.0 and $85.0. The company, specializing in e-commerce for home goods, has seen its stock price increase by 4.48% to $66.44. Analysts have varying opinions, with target prices ranging from $58 to $79. The next earnings report is expected in 87 days.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 4:16 pm

TD Cowen analyst John Blackledge maintains a Hold rating on Wayfair (NYSE:W) and raises the price target from $55 to $58.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:42 pm

Wayfair's stock price increased following price target upgrades from multiple analysts.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 7:49 pm

Bernstein analyst Nikhil Devnani maintains a Market Perform rating on Wayfair (NYSE:W) and raises the price target from $50 to $55.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 6:26 pm

BMO Capital analyst Brian Pitz maintains a Market Perform rating on Wayfair (NYSE:W) and raises the price target from $57 to $61.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:35 pm

Wedbush analyst Seth Basham reiterates an Outperform rating on Wayfair (NYSE:W) and maintains a $70 price target.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 2:30 pm

Truist Securities analyst Youssef Squali has maintained a Buy rating on Wayfair (NYSE:W) and increased the price target from $63 to $70.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 2:09 pm

Piper Sandler analyst Peter Keith reiterates an Overweight rating on Wayfair (NYSE:W) and raises the price target from $88 to $91.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 1:24 pm

Needham analyst Anna Andreeva reiterated a Buy rating on Wayfair (NYSE:W) and maintained a $75 price target.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 4:44 pm

C.H. Robinson Worldwide, Inc. (CHRW) and other companies like Avis Budget Group (CAR), Qualcomm (QCOM), and BorgWarner (BWA) saw their stock prices rise after reporting better-than-expected financial results. The positive earnings reports led to significant gains in their share prices during Thursday's trading session, with CHRW shares jumping 16.8%. Other companies such as Aspen Aerogels (ASPN), Carvana Co. (CVNA), and Moderna Inc. (MRNA) also reported strong financial results, contributing to the overall positive sentiment in the stock market.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 2:28 pm

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