Brokers Issue Forecasts for Wayfair’s Q2 Earnings (NYSE:W)

Wayfair Inc. (NYSE:W) – Research analysts at Zacks Research cut their Q2 2026 EPS estimates for Wayfair in a note issued to investors on Monday, April 20th. Zacks Research analyst Team now anticipates that the company will earn $0.19 per share for the quarter, down from their prior forecast of $0.21. The consensus estimate for Wayfair’s current full-year earnings is $0.40 per share. Zacks Research also issued estimates for Wayfair’s Q3 2026 earnings at $0.10 EPS, Q2 2027 earnings at $0.42 EPS, FY2027 earnings at $0.96 EPS and FY2028 earnings at $1.60 EPS.

Wayfair (NYSE:W) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.21. Wayfair had a negative net margin of 2.51% and a negative return on equity of 1.52%. The company had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.30 billion. During the same period in the prior year, the firm earned ($0.25) earnings per share. Wayfair’s revenue was up 6.9% on a year-over-year basis.

Other equities analysts also recently issued research reports about the stock. Robert W. Baird decreased their target price on shares of Wayfair from $98.00 to $85.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. Mizuho decreased their target price on shares of Wayfair from $130.00 to $110.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Truist Financial decreased their target price on shares of Wayfair from $120.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Wall Street Zen downgraded shares of Wayfair from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Citigroup decreased their target price on shares of Wayfair from $135.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $104.62.

Wayfair Price Performance

W stock opened at $80.33 on Tuesday. Wayfair has a 1 year low of $25.93 and a 1 year high of $119.98. The firm has a 50-day moving average of $76.80 and a 200 day moving average of $91.87. The company has a market cap of $10.50 billion, a P/E ratio of -33.06, a PEG ratio of 6.76 and a beta of 3.30.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of W. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Wayfair by 29.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,023 shares of the company’s stock worth $2,147,000 after acquiring an additional 15,084 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Wayfair by 30.4% during the 2nd quarter. Prudential Financial Inc. now owns 7,328 shares of the company’s stock valued at $375,000 after purchasing an additional 1,710 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Wayfair by 12.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,462 shares of the company’s stock valued at $126,000 after purchasing an additional 270 shares during the period. M&T Bank Corp bought a new stake in shares of Wayfair during the 2nd quarter valued at $262,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Wayfair by 393.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 819 shares of the company’s stock valued at $42,000 after purchasing an additional 653 shares during the period. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Insider Buying and Selling

In related news, insider Jon Blotner sold 4,790 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $72.19, for a total value of $345,790.10. Following the sale, the insider owned 111,158 shares in the company, valued at approximately $8,024,496.02. This trade represents a 4.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Niraj Shah sold 1,571 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $77.18, for a total transaction of $121,249.78. Following the completion of the sale, the chief executive officer owned 59,748 shares in the company, valued at $4,611,350.64. This represents a 2.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 763,785 shares of company stock worth $68,051,942. 18.44% of the stock is owned by insiders.

Trending Headlines about Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair is running Way Day and multiple promotional sales across furniture, patio and grills — media coverage highlights steep discounts that can drive traffic and short‑term revenue. Way Day 2026 is almost here Garden shed deal Forbes patio furniture sales
• Positive Sentiment: Additional retail coverage highlights category‑specific discounts (Weber grills, storage, patio sets) that may lift conversion and AOV during the promotional window. Weber grill sale Save up to 80%
• Neutral Sentiment: Zacks published a longer piece arguing Wayfair has an earnings‑surprise history and could beat again — this offsets some concern but is speculative ahead of the next report. Will Wayfair beat estimates again?
• Negative Sentiment: Zacks Research trimmed multiple EPS forecasts this week: Q2 2026 cut to $0.19 from $0.21; Q3 2026 to $0.10 from $0.11; Q2 2027 to $0.42 from $0.43; FY2027 to $0.96 from $0.98; FY2028 to $1.60 from $1.62. Those downward revisions put pressure on sentiment and likely explain intraday weakness.

Wayfair Company Profile

Wayfair Inc (NYSE: W) is an e-commerce company focused on home furnishings and décor. Through its platform, Wayfair offers a broad assortment of furniture, lighting, home textiles, kitchenware and decorative accessories. The company’s portfolio includes flagship sites such as Wayfair.com, as well as specialty retail brands like Joss & Main, AllModern, Birch Lane and Perigold, each catering to distinct design styles and price points.

Founded in 2002 by Niraj Shah and Steve Conine under the name CSN Stores, the business rebranded as Wayfair in 2011 and went public in 2014.