Telsey Advisory Group Issues Positive Forecast for Warby Parker (NYSE:WRBY) Stock Price

Warby Parker (NYSE:WRBY) had its price target boosted by stock analysts at Telsey Advisory Group from $32.00 to $33.00 in a report issued on Friday. The firm currently has an “outperform” rating on the stock. Telsey Advisory Group’s price target would suggest a potential upside of 23.40% from the stock’s current price.

A number of other equities analysts have also recently weighed in on WRBY. Citigroup upped their price objective on shares of Warby Parker from $18.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. UBS Group reissued a “neutral” rating and issued a $20.00 price objective on shares of Warby Parker in a research report on Wednesday, February 25th. Weiss Ratings cut shares of Warby Parker from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, March 2nd. Finally, BTIG Research increased their price target on shares of Warby Parker from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Thursday. Ten analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $28.36.

Warby Parker Price Performance

NYSE:WRBY opened at $26.74 on Friday. The firm has a 50-day moving average of $23.31 and a two-hundred day moving average of $23.08. The stock has a market cap of $2.86 billion, a P/E ratio of 1,333.32 and a beta of 1.95. Warby Parker has a 1-year low of $14.96 and a 1-year high of $31.00.

Warby Parker (NYSE:WRBY) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.08). The firm had revenue of $242.45 million during the quarter, compared to analysts’ expectations of $239.44 million. Warby Parker had a net margin of 0.19% and a return on equity of 2.22%. The business’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.03 earnings per share. As a group, equities analysts expect that Warby Parker will post 0.24 earnings per share for the current year.

Insider Activity

In other news, Director Bradley E. Singer sold 15,793 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $27.53, for a total transaction of $434,781.29. Following the transaction, the director owned 16,026 shares of the company’s stock, valued at approximately $441,195.78. This trade represents a 49.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Neil Harris Blumenthal sold 75,213 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $24.56, for a total transaction of $1,847,231.28. Following the transaction, the chief executive officer directly owned 50,165 shares in the company, valued at $1,232,052.40. The trade was a 59.99% 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 have sold 115,793 shares of company stock worth $2,901,550 in the last ninety days. Corporate insiders own 18.24% of the company’s stock.

Hedge Funds Weigh In On Warby Parker

A number of large investors have recently bought and sold shares of WRBY. AQR Capital Management LLC lifted its holdings in Warby Parker by 101.0% in the first quarter. AQR Capital Management LLC now owns 171,271 shares of the company’s stock worth $3,122,000 after acquiring an additional 86,053 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Warby Parker by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,690 shares of the company’s stock worth $961,000 after acquiring an additional 2,297 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Warby Parker by 96.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,888,817 shares of the company’s stock worth $34,433,000 after acquiring an additional 929,073 shares during the last quarter. Caxton Associates LLP bought a new position in Warby Parker in the first quarter worth about $252,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Warby Parker by 17.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 257,020 shares of the company’s stock worth $4,685,000 after acquiring an additional 38,395 shares during the last quarter. Institutional investors own 93.24% of the company’s stock.

Warby Parker News Summary

Here are the key news stories impacting Warby Parker this week:

• Positive Sentiment: Q1 results: Revenue grew ~8.3% to about $242.5M (above company guidance), active customers rose to ~2.69M (T‑12), average revenue per customer increased ~6.9%, and the company reported a small net income — signs of improving unit economics that investors rewarded. Warby Parker Announces First Quarter 2026 Results
• Positive Sentiment: Upbeat investor reaction and outlook: Management commentary and the company’s forward commentary on Q2 / full‑year helped drive a strong market reaction; several writeups flagged the upbeat tone after the release. Warby Parker (WRBY) Beats Revenue Guidance, Rockets 23%
• Positive Sentiment: Analyst support: BTIG bumped its price target from $32 to $34 with a Buy, and other boutiques reiterated constructive views—this adds buy‑side momentum and gives the rally technical/analyst backing. BTIG price target raise (Benzinga)
• Neutral Sentiment: Metric review and outlook nuance: Equity research/recap pieces compare key metrics to Street estimates (some outlets report EPS that modestly beat consensus), providing analytical context but not materially changing the narrative that revenue and customer trends are the main driver. Warby Parker (WRBY) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
• Negative Sentiment: Guidance short of Street: Warby updated FY‑2026 revenue guidance ($959M–$976M) below the consensus (~$980M), which could limit upside to the shares as investors price in slower top‑line acceleration vs. expectations. Q1 2026 Slide Deck / Guidance (Company PDF)
• Negative Sentiment: Mixed EPS headlines: Some summaries (and one aggregate outlet) flagged EPS figures that differ across reports, creating short‑term confusion and volatility around reported profitability metrics. Warby Parker Q1 coverage (MarketBeat)

About Warby Parker

Warby Parker, Inc (NYSE: WRBY) is a U.S.-based eyewear company that designs, manufactures and sells prescription glasses, sunglasses and contact lenses through a direct-to-consumer model. Since its founding, the company has combined online and brick-and-mortar channels to streamline the customer experience, offering features such as virtual try-on technology and a home try-on program that allows consumers to sample frames before purchase.

Established in 2010 by Wharton graduates Neil Blumenthal, Dave Gilboa, Andrew Hunt and Jeffrey Raider, Warby Parker set out to disrupt the traditional optical market by controlling the entire supply chain—from frame design and lens production to warehousing and distribution.