Needham & Company LLC Reiterates “Buy” Rating for Wayfair (NYSE:W)

Wayfair (NYSE:W)‘s stock had its “buy” rating reissued by Needham & Company LLC in a research report issued on Friday,Benzinga reports. They presently have a $125.00 price target on the stock. Needham & Company LLC’s target price indicates a potential upside of 53.96% from the stock’s current price.

W has been the subject of several other research reports. Mizuho restated an “outperform” rating and set a $130.00 price objective on shares of Wayfair in a report on Friday, January 2nd. TD Cowen restated a “hold” rating on shares of Wayfair in a research note on Wednesday, October 29th. BMO Capital Markets set a $110.00 price objective on shares of Wayfair and gave the stock a “market perform” rating in a report on Wednesday, October 29th. Canaccord Genuity Group lifted their price objective on shares of Wayfair from $100.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Raymond James Financial boosted their target price on shares of Wayfair from $90.00 to $130.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $106.17.

Wayfair Price Performance

Shares of Wayfair stock opened at $81.19 on Friday. Wayfair has a one year low of $20.41 and a one year high of $119.98. The firm has a market capitalization of $10.58 billion, a price-to-earnings ratio of -33.41, a PEG ratio of 7.78 and a beta of 3.36. The business has a 50-day simple moving average of $101.66 and a 200 day simple moving average of $93.65.

Insider Transactions at Wayfair

In related news, CEO Niraj Shah sold 150,000 shares of the business’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $108.87, for a total transaction of $16,330,500.00. Following the transaction, the chief executive officer directly owned 289,137 shares in the company, valued at approximately $31,478,345.19. The trade was a 34.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jon Blotner sold 4,997 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $105.84, for a total transaction of $528,882.48. Following the completion of the sale, the insider owned 106,107 shares of the company’s stock, valued at approximately $11,230,364.88. This trade represents a 4.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 950,494 shares of company stock worth $100,127,813. 21.91% of the stock is owned by insiders.

Hedge Funds Weigh In On Wayfair

Hedge funds and other institutional investors have recently modified their holdings of the business. Cornerstone Planning Group LLC increased its position in shares of Wayfair by 28,200.0% during the third quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock valued at $25,000 after acquiring an additional 282 shares during the last quarter. True Wealth Design LLC grew its stake in Wayfair by 250.5% in the 3rd quarter. True Wealth Design LLC now owns 326 shares of the company’s stock valued at $29,000 after purchasing an additional 233 shares during the period. Global Retirement Partners LLC increased its position in shares of Wayfair by 156.3% during the 3rd quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Webster Bank N. A. bought a new stake in shares of Wayfair during the 4th quarter worth $30,000. Finally, V Square Quantitative Management LLC bought a new stake in shares of Wayfair during the 4th quarter worth $33,000. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Key Stories Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Market tailwind — A Supreme Court decision blocking parts of the Trump tariff plan spurred a rally in retail names, helping push Wayfair shares higher along with peers in the afternoon session. Today’s Stock Market Angi, Bumble, Match Group, Wayfair, and Shutterstock Shares Skyrocket
• Positive Sentiment: Earnings beat — Wayfair reported Q4 EPS of $0.85 and revenue up ~6.9% Y/Y, topping consensus and marking the company’s first annual sales gain since 2020, a fundamental positive for investors. Wayfair Q4 Earnings & Revenues Beat Estimates
• Neutral Sentiment: Guidance & strategy — Management outlined mid-single-digit Q1 revenue growth and plans to expand physical retail and loyalty programs; that supports growth but may raise near-term investment needs. Wayfair outlines mid-single-digit Q1 revenue growth
• Neutral Sentiment: Mixed analyst reactions — Several firms trimmed price targets (JPMorgan, Truist, Stifel, Wedbush) while Needham reaffirmed a $125 target; the cuts temper enthusiasm but several analysts still see upside. Analyst PTs Lowered Benzinga
• Negative Sentiment: Customer-growth concerns — Investors focused on signs of active-customer softness despite top-line beats; that worry triggered a sharp post-earnings reaction and capped gains. Highly Shorted Wayfair Sinks
• Negative Sentiment: Margin & investment risk — Management warned that planned investments and store expansion could pressure margins; that message, highlighted in coverage, is a key reason some investors sold into the rally. Wayfair’s stock sinks Wayfair warns investment plans could pressure margins

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.