Wayfair (W) Tops Q1 EPS by 1c

Wayfair (W) PT Raised to $65 at RBC Capital

RBC Capital analyst Steven Shemesh raised the price target on Wayfair (NYSE: W) to $65.00 (from $61.00) while maintaining a Sector Perform rating.

The analyst comments "Some noise with gross margin and restructuring charges, but net/net, the quarter was better than we anticipated.... More

William Blair Comments on Wayfair (W)

William Blair analyst Phillip Blee reiterated an Outperform rating on Wayfair (NYSE: W).

The analyst comments "During the quarter management emphasized that its taking a measured approach to investing in growth, particularly given the uncertainty around an inflection in the broader market, highlighting three key... More

Wayfair (W) PT Raised to $67 at Goldman Sachs

Goldman Sachs analyst Alexandra Steiger raised the price target on Wayfair (NYSE: W) to $67.00 (from $65.00) while maintaining a Neutral rating.

The analyst comments "In its Q124 earnings report, Wayfair produced a solid revenue beat driven by improving demand starting in late February/March with Adj EBITDA... More

Wayfair (W) PT Raised to $83 at Deutsche Bank

Deutsche Bank analyst Lee Horowitz raised the price target on Wayfair (NYSE: W) to $83.00 (from $79.00) while maintaining a Buy rating.

The analyst comments "With Wayfair's most recent cost actions playing through the P&L, consistent confidence in the company's ability to deliver mid-to-high-teens... More

Wayfair (W) stock pops as Q1 profitability, revenue surpass analyst estimates

(Updated - May 2, 2024 9:46 AM EDT)

Wayfair (NYSE: W) saw its shares jump more than 14% Thursday after the e-commerce company reported earnings per share (EPS) and revenue that surpassed analyst estimates in the fiscal Q1 2024.

The company posted Q1 loss per share of $0.32, slightly outperforming analyst predictions of a loss per share... More