Should I buy or sell Warby Parker stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Warby Parker in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WRBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRBY, but not buy additional shares or sell existing shares. View WRBY analyst ratings or view top-rated stocks .

What is Warby Parker's stock price target for 2024?

8 equities research analysts have issued 12 month target prices for Warby Parker's shares. Their WRBY share price targets range from $13.00 to $20.00. On average, they predict the company's share price to reach $16.29 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price. View analysts price targets for WRBY or view top-rated stocks among Wall Street analysts .

How have WRBY shares performed in 2024?

Warby Parker's stock was trading at $14.10 at the beginning of 2024. Since then, WRBY shares have decreased by 15.7% and is now trading at $11.88. View the best growth stocks for 2024 here .

When is Warby Parker's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our WRBY earnings forecast .

How were Warby Parker's earnings last quarter?

Warby Parker Inc. (NYSE:WRBY) posted its quarterly earnings data on Wednesday, February, 28th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.11) by $0.04. The firm had revenue of $161.86 million for the quarter, compared to analysts' expectations of $161.01 million. Warby Parker had a negative trailing twelve-month return on equity of 16.36% and a negative net margin of 9.44%.

What ETFs hold Warby Parker's stock?

ETFs with the largest weight of Warby Parker (NYSE:WRBY) stock in their portfolio include Neuberger Berman Next Generation Connected Consumer ETF (NBCC) and SPDR S&P Retail ETF (XRT) . Direxion Daily Retail Bull 3X Shares (RETL) .

What guidance has Warby Parker issued on next quarter's earnings?

Warby Parker updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $748.0 million-$758.0 million, compared to the consensus revenue estimate of $751.3 million.

When did Warby Parker IPO?

Warby Parker (WRBY) raised $3.1 billion in an initial public offering (IPO) on Wednesday, September 29th 2021. The company issued 77,741,942 shares at a price of $40.00 per share.

Who are Warby Parker's major shareholders?

Warby Parker's stock is owned by a number of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (1.18%) and NBC Securities Inc. (0.04%). Insiders that own company stock include D1 Capital Partners LP, David Abraham Gilboa, Durable Capital Partners Lp, Joel E Cutler , Neil Harris Blumenthal , Steven Clive Miller and Teresa Briggs. View institutional ownership trends .

How do I buy shares of Warby Parker?

Shares of WRBY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:WRBY

Warby Parker (WRBY) Stock Price, News & Analysis

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$11.88

-0.21 (-1.74%)

(As of 04/18/2024 ET)

Compare

Today's Range: $11.81
▼
$12.14
50-Day Range: $11.46
▼
$15.04
52-Week Range: $9.83
▼
$16.49

Volume: 1.07 million shs
Average Volume: 1.21 million shs
Market Capitalization: $1.17 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.29

Get Warby Parker alerts:

Warby Parker MarketRank™ Stock Analysis

Analyst Rating: Hold
2.38 Rating Score
Upside/Downside: 37.1% Upside
$16.29 Price Target
Short Interest: Bearish
11.07% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.56
Based on 8 Articles This Week
Insider Trading: Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.17) to $0.04 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.92 out of 5 stars

Medical Sector

583rd out of 918 stocks

Ophthalmic Goods Industry

6th out of 6 stocks

3.2

Analyst's Opinion

Consensus Rating
Warby Parker has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Warby Parker has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
11.07% of the float of Warby Parker has been sold short.
Short Interest Ratio / Days to Cover
Warby Parker has a short interest ratio ("days to cover") of 7.8.
Change versus previous month
Short interest in Warby Parker has recently increased by 4.69%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Warby Parker does not currently pay a dividend.
Dividend Growth
Warby Parker does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WRBY.

2.0

News and Social Media Coverage

News Sentiment
Warby Parker has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Warby Parker this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for WRBY on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Warby Parker to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Warby Parker insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,074,979.00 in company stock.
Percentage Held by Insiders
26.91% of the stock of Warby Parker is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
93.24% of the stock of Warby Parker is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Warby Parker are expected to grow in the coming year, from ($0.17) to $0.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Warby Parker is -22.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Warby Parker is -22.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Warby Parker has a P/B Ratio of 3.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Warby Parker Stock (NYSE:WRBY)

Warby Parker Inc. provides eyewear products in the United States and Canada. The company offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, non-prescription lenses, and contact lenses. It also provides accessories, such as cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray through its retail stores, website, and mobile apps. In addition, the company offers eye exams and vision tests. Warby Parker Inc. was incorporated in 2009 and is headquartered in New York, New York.

WRBY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WRBY Stock News Headlines

April 18, 2024 | businesswire.com

Warby Parker to Announce First Quarter 2024 Financial Results on May 9, 2024

April 17, 2024 | finance.yahoo.com

Alvarez & Marsal Property Solutions Brings on Retail Real Estate Veteran Rebecca Fitts as Senior Vice President

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April 17, 2024 | finance.yahoo.com

Warby Parker Publishes 2023 Impact Report

April 17, 2024 | businesswire.com

Warby Parker Publishes 2023 Impact Report

April 16, 2024 | msn.com

April 15, 2024 | msn.com

Warby Parker saw a surge in brand interest around the lunar eclipse

April 12, 2024 | americanbankingnews.com

Warby Parker Inc. (NYSE:WRBY) Receives Average Rating of "Hold" from Brokerages

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Here's how to donate solar eclipse glasses now that you no longer need them

April 8, 2024 | forbes.com

Billion Dollar Brand Warby Parker Turned The Total Eclipse Into A Marketing Masterclass

April 5, 2024 | msn.com

Solar eclipse mania: Warby Parker, Burger King, Krispy Kreme offer exclusive products, deals

April 3, 2024 | msn.com

Warby Parker now offering free eclipse glasses. Here's when and where to get them in Florida

April 2, 2024 | msn.com

Warby Parker is offering free glasses ahead of total solar eclipse: How to get them

March 20, 2024 | seekingalpha.com

Warby Parker: Positive Outlook Ahead With Margin Expansion

March 9, 2024 | finance.yahoo.com

Warby Parker Inc Co-CEO David Gilboa Sells 80,376 Shares

March 7, 2024 | yahoo.com

Warby Parker Is Giving Away Free Solar Eclipse Glasses—Here's How to Get a Pair

March 7, 2024 | finance.yahoo.com

Warby Parker Inc CFO Steven Miller Sells 8,963 Shares

March 6, 2024 | finance.yahoo.com

Warby Parker Inc. (NYSE:WRBY) Q4 2023 Earnings Call Transcript

March 4, 2024 | msn.com

Warby Parker will give you free solar eclipse glasses for the big day on April 8

March 4, 2024 | msn.com

Warby Parker is one of Evercore ISI's top SMID picks

March 1, 2024 | msn.com

Warby Parker is giving out free solar eclipse glasses. Here's how to get them in Kentucky

March 1, 2024 | seekingalpha.com

Warby Parker Inc. (WRBY) Q4 2023 Earnings Call Transcript

March 1, 2024 | finance.yahoo.com

Warby Parker Full Year 2023 Earnings: EPS Misses Expectations

February 29, 2024 | finance.yahoo.com

Q4 2023 Warby Parker Inc Earnings Call

February 28, 2024 | yahoo.com

Warby Parker Looks to Open 40 Stores in 2024, Launch More Higher-priced Collections

February 28, 2024 | fool.com

Warby Parker (WRBY) Q4 2023 Earnings Call Transcript

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Medical
Industry: Ophthalmic goods
Sub-Industry: N/A
Current Symbol: NYSE:WRBY
CUSIP: N/A
CIK: 1504776
Web: www.warbyparker.com
Phone: 646-847-7215
Fax: N/A
Employees: 3,491
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $16.29
High Stock Price Target: $20.00
Low Stock Price Target: $13.00
Potential Upside/Downside: +37.0%
Consensus Rating: Hold
Rating Score (0-4): 2.38
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-63,200,000.00
Net Margins: -9.44%
Pretax Margin: -9.37%
Return on Equity: -16.36%
Return on Assets: -8.66%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.35
Quick Ratio: 1.86

Sales & Book Value

Annual Sales: $669.77 million
Price / Sales: 1.75
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.08 per share
Price / Book: 3.86

Miscellaneous

Outstanding Shares: 98,370,000
Free Float: 71,902,000
Market Cap: $1.17 billion
Optionable: Optionable
Beta: 1.63

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Key Executives

Mr. Neil Harris Blumenthal (Age 43)
Co-Founder, President, Co-CEO & Co-Chair
Comp: $699.7k
Mr. David Abraham Gilboa (Age 42)
Co-Founder, Co-CEO & Co-Chair
Comp: $699.7k
Mr. Andrew M. Hunt
Co-Founder & Independent Director
Mr. Jeff Raider
Co-Founder & Independent Director
Mr. Steve Miller
Senior VP, CFO & Treasurer
Mr. Jeffrey Saunders
Senior VP & CTO
Jaclyn Berkley
Head of Investor Relations
Chris Utecht
VP, Head of Legal & Secretary
Ms. Lori Krauss
Senior VP & Chief Marketing Officer
Ms. Chelsea Kaden
Senior VP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WRBY Stock Analysis - Frequently Asked Questions

Should I buy or sell Warby Parker stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Warby Parker in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WRBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRBY, but not buy additional shares or sell existing shares.
View WRBY analyst ratings or view top-rated stocks.
What is Warby Parker's stock price target for 2024?: 8 equities research analysts have issued 12 month target prices for Warby Parker's shares. Their WRBY share price targets range from $13.00 to $20.00. On average, they predict the company's share price to reach $16.29 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price.
View analysts price targets for WRBY or view top-rated stocks among Wall Street analysts.
How have WRBY shares performed in 2024?: Warby Parker's stock was trading at $14.10 at the beginning of 2024. Since then, WRBY shares have decreased by 15.7% and is now trading at $11.88.
View the best growth stocks for 2024 here.
When is Warby Parker's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our WRBY earnings forecast.
How were Warby Parker's earnings last quarter?: Warby Parker Inc. (NYSE:WRBY) posted its quarterly earnings data on Wednesday, February, 28th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.11) by $0.04. The firm had revenue of $161.86 million for the quarter, compared to analysts' expectations of $161.01 million. Warby Parker had a negative trailing twelve-month return on equity of 16.36% and a negative net margin of 9.44%.
What ETFs hold Warby Parker's stock?: ETFs with the largest weight of Warby Parker (NYSE:WRBY) stock in their portfolio include Neuberger Berman Next Generation Connected Consumer ETF (NBCC) and SPDR S&P Retail ETF (XRT).Direxion Daily Retail Bull 3X Shares (RETL).

What guidance has Warby Parker issued on next quarter's earnings?: Warby Parker updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $748.0 million-$758.0 million, compared to the consensus revenue estimate of $751.3 million.
When did Warby Parker IPO?: Warby Parker (WRBY) raised $3.1 billion in an initial public offering (IPO) on Wednesday, September 29th 2021. The company issued 77,741,942 shares at a price of $40.00 per share.
Who are Warby Parker's major shareholders?: Warby Parker's stock is owned by a number of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (1.18%) and NBC Securities Inc. (0.04%). Insiders that own company stock include D1 Capital Partners LP, David Abraham Gilboa, Durable Capital Partners Lp, Joel E Cutler, Neil Harris Blumenthal, Steven Clive Miller and Teresa Briggs.
View institutional ownership trends.
How do I buy shares of Warby Parker?: Shares of WRBY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WRBY) was last updated on 4/19/2024 by MarketBeat.com Staff

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Warby Parker (WRBY) Stock Price, News & Analysis

Warby Parker MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Warby Parker Stock (NYSE:WRBY)

WRBY Stock Price History

WRBY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

WRBY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™