Warby Parker FY2026 EPS Forecast Increased by Roth Capital

Warby Parker Inc. (NYSE:WRBY) – Equities research analysts at Roth Capital increased their FY2026 earnings per share (EPS) estimates for shares of Warby Parker in a research note issued to investors on Wednesday, May 21st. Roth Capital analyst M. Koranda now anticipates that the company will post earnings per share of $0.33 for the year, up from their prior forecast of $0.26. Roth Capital has a “Neutral” rating and a $21.00 price objective on the stock. The consensus estimate for Warby Parker’s current full-year earnings is ($0.12) per share.

WRBY has been the topic of a number of other research reports. The Goldman Sachs Group increased their price target on Warby Parker from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Cowen reissued a “buy” rating on shares of Warby Parker in a research report on Wednesday. Piper Sandler cut their target price on Warby Parker from $30.00 to $20.00 and set an “overweight” rating on the stock in a research report on Friday, April 11th. Loop Capital reissued a “buy” rating on shares of Warby Parker in a research report on Wednesday. Finally, JMP Securities cut their target price on Warby Parker from $30.00 to $22.00 and set a “market outperform” rating on the stock in a research report on Monday, April 14th. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.56.

Warby Parker Price Performance

WRBY stock opened at $19.84 on Monday. The firm has a market capitalization of $2.07 billion, a P/E ratio of -73.48 and a beta of 2.01. The business’s 50-day moving average is $16.93 and its two-hundred day moving average is $21.63. Warby Parker has a 1 year low of $12.46 and a 1 year high of $28.68.

Insider Activity at Warby Parker

In other news, CFO Steven Clive Miller sold 11,684 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $23.52, for a total value of $274,807.68. Following the completion of the transaction, the chief financial officer now directly owns 204,727 shares of the company’s stock, valued at $4,815,179.04. The trade was a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Neil Harris Blumenthal sold 27,967 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $23.52, for a total value of $657,783.84. Following the completion of the transaction, the chief executive officer now owns 23,961 shares of the company’s stock, valued at $563,562.72. The trade was a 53.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 26.55% of the company’s stock.

Institutional Investors Weigh In On Warby Parker

A number of institutional investors have recently added to or reduced their stakes in WRBY. Global Retirement Partners LLC purchased a new stake in shares of Warby Parker in the fourth quarter worth about $25,000. NewEdge Advisors LLC raised its position in shares of Warby Parker by 700.0% during the 4th quarter. NewEdge Advisors LLC now owns 1,200 shares of the company’s stock worth $29,000 after purchasing an additional 1,050 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of Warby Parker during the 1st quarter worth approximately $27,000. Jones Financial Companies Lllp grew its holdings in Warby Parker by 205.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,528 shares of the company’s stock worth $37,000 after buying an additional 1,028 shares in the last quarter. Finally, Comerica Bank grew its holdings in Warby Parker by 153.1% in the 4th quarter. Comerica Bank now owns 2,291 shares of the company’s stock worth $55,000 after buying an additional 1,386 shares in the last quarter. Hedge funds and other institutional investors own 93.24% of the company’s stock.

About Warby Parker

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.