Wayfair (W) Projected to Post Earnings on Thursday

Wayfair (NYSE:W) is projected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect Wayfair to post earnings of ($0.14) per share and revenue of $2.71 billion for the quarter.

Wayfair (NYSE:W) last released its earnings results on Thursday, February 20th. The company reported ($0.96) EPS for the quarter, missing the consensus estimate of $0.05 by ($1.01). The company had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.07 billion. On average, analysts expect Wayfair to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Wayfair Price Performance

NYSE W opened at $28.27 on Thursday. The company’s fifty day moving average is $33.34 and its two-hundred day moving average is $42.01. Wayfair has a 52-week low of $20.41 and a 52-week high of $76.18. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of -7.03 and a beta of 3.72.

Insider Transactions at Wayfair

In related news, insider Jon Blotner sold 19,257 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $31.68, for a total transaction of $610,061.76. Following the sale, the insider now owns 78,308 shares of the company’s stock, valued at approximately $2,480,797.44. This trade represents a 19.74 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CTO Fiona Tan sold 23,835 shares of Wayfair stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $31.92, for a total value of $760,813.20. Following the transaction, the chief technology officer now owns 111,128 shares in the company, valued at approximately $3,547,205.76. This represents a 17.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 92,863 shares of company stock worth $3,393,929 in the last three months. Insiders own 21.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on W shares. Truist Financial lowered their price target on shares of Wayfair from $53.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Bank of America dropped their price target on shares of Wayfair from $52.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday, February 21st. Wedbush reaffirmed a “neutral” rating and set a $46.00 price objective (up from $44.00) on shares of Wayfair in a report on Friday, February 21st. JPMorgan Chase & Co. lowered their price objective on Wayfair from $63.00 to $50.00 and set an “overweight” rating on the stock in a research note on Monday, March 10th. Finally, BMO Capital Markets raised their target price on Wayfair from $50.00 to $55.00 and gave the stock a “market perform” rating in a research report on Friday, February 21st. Sixteen research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $51.32.

Wayfair Company Profile

Wayfair Inc provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional.