Wayfair (NYSE:W) Price Target Raised to $114.00

Wayfair (NYSE:W) had its price objective hoisted by equities researchers at TD Cowen from $110.00 to $114.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has a “hold” rating on the stock. TD Cowen‘s price objective would suggest a potential upside of 0.49% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Evercore restated an “outperform” rating and issued a $130.00 target price on shares of Wayfair in a report on Wednesday, August 5th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Wayfair in a research report on Wednesday, August 5th. Truist Financial increased their price target on Wayfair from $135.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada lifted their price target on shares of Wayfair from $96.00 to $128.00 and gave the company a “sector perform” rating in a research report on Thursday. Finally, BNP Paribas Exane boosted their price objective on shares of Wayfair from $108.00 to $134.00 and gave the stock a “neutral” rating in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $128.63.

Wayfair Trading Down 8.2%

NYSE W traded down $10.12 during trading on Thursday, hitting $113.44. 1,962,765 shares of the company traded hands, compared to its average volume of 3,375,952. Wayfair has a 12 month low of $55.60 and a 12 month high of $127.99. The business has a fifty day simple moving average of $105.55 and a 200 day simple moving average of $89.17. The company has a market capitalization of $14.97 billion, a P/E ratio of -46.03, a PEG ratio of 3.84 and a beta of 3.10.

Wayfair (NYSE:W) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.13. The company had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.38 billion. Wayfair had a negative return on equity of 3.40% and a negative net margin of 2.49%. The firm’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.70 EPS. Equities research analysts predict that Wayfair will post 0.97 EPS for the current fiscal year.

Insider Buying and Selling

In other Wayfair news, CTO Fiona Tan sold 8,000 shares of Wayfair stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $115.00, for a total transaction of $920,000.00. Following the sale, the chief technology officer directly owned 196,698 shares of the company’s stock, valued at approximately $22,620,270. The trade was a 3.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Niraj Shah sold 117,000 shares of the business’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $111.25, for a total value of $13,016,250.00. Following the completion of the sale, the chief executive officer directly owned 105,137 shares in the company, valued at approximately $11,696,491.25. This represents a 52.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 677,070 shares of company stock valued at $72,236,934 over the last ninety days. 18.44% of the stock is owned by company insiders.

Institutional Trading of Wayfair

Several large investors have recently added to or reduced their stakes in W. Heritage Family Offices LLP bought a new stake in Wayfair during the 3rd quarter worth approximately $45,000. Fortitude Family Office LLC raised its position in Wayfair by 144.7% in the 3rd quarter. Fortitude Family Office LLC now owns 460 shares of the company’s stock worth $47,000 after purchasing an additional 272 shares during the last quarter. Provenance Wealth Advisors LLC bought a new position in Wayfair in the 3rd quarter worth approximately $53,000. IFP Advisors Inc lifted its holdings in Wayfair by 79.2% during the 2nd quarter. IFP Advisors Inc now owns 810 shares of the company’s stock worth $75,000 after buying an additional 358 shares in the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new position in Wayfair during the 3rd quarter worth $82,000. 89.67% of the stock is owned by institutional investors.

Trending Headlines about Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair’s Q3 revenue rose 9.7% year over year to $3.42 billion, while adjusted earnings of $0.93 per share topped analyst estimates. U.S. revenue grew 11.4%, and the company highlighted market-share gains and its strongest growth since the pandemic. CNBC article
• Positive Sentiment: Analysts raised targets after the results: Needham to $145 with a Buy rating and Wells Fargo to $140 with an Overweight rating. Zacks Research also upgraded the stock to Strong Buy. These moves suggest some analysts see further upside. Needham rating
• Neutral Sentiment: Royal Bank of Canada raised its target to $128 and BNP Paribas Exane to $134, but both maintained Sector Perform/Neutral ratings—signaling improved expectations without a stronger endorsement. Royal Bank of Canada rating
• Negative Sentiment: Investors may be focusing on Q4 costs: Wayfair expects heavier holiday advertising, which could limit margin gains despite its forecast for high-single-digit revenue growth and a 6%–7% adjusted EBITDA margin. International revenue also declined 2.3% in Q3, contrasting with U.S. growth. Zacks Q3 analysis

About Wayfair

Wayfair Inc is an e-commerce company that sells furniture, home furnishings and related products through digital platforms. Its selection includes furniture, décor, lighting, rugs, mattresses, kitchen and dining products, housewares, home improvement items, outdoor furnishings and other goods for residential and commercial spaces.

The company operates a portfolio of online brands and retail websites, including Wayfair, Joss & Main, AllModern, Birch Lane and Perigold. These brands are designed to serve different customer preferences, price points and areas of the home-furnishings market.