Wayfair (W) stock pops as Q1 profitability, revenue surpass analyst estimates
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Wayfair (W) PT Raised to $65 at RBC Capital
May 6, 2024 6:39 AM EDTRBC 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)
May 3, 2024 7:12 AM EDTWilliam 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
May 3, 2024 5:49 AM EDTGoldman 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
May 3, 2024 5:25 AM EDTDeutsche 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) Tops Q1 EPS by 1c
May 2, 2024 7:01 AM EDTWayfair (NYSE: W) reported Q1 EPS of ($0.32), $0.01 better than the analyst estimate of ($0.33). Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.64 billion.
For earnings history and earnings-related data on Wayfair (W) click here.
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