Research Analysts’ Weekly Ratings Updates for Warby Parker (WRBY)

Several analysts have recently updated their ratings and price targets for Warby Parker (NYSE: WRBY):

• 4/17/2025 – Warby Parker was upgraded by analysts at Loop Capital from a “hold” rating to a “buy” rating. They now have a $27.00 price target on the stock.
• 4/14/2025 – Warby Parker had its price target lowered by analysts at JMP Securities from $30.00 to $22.00. They now have a “market outperform” rating on the stock.
• 4/11/2025 – Warby Parker had its price target lowered by analysts at Piper Sandler from $30.00 to $20.00. They now have an “overweight” rating on the stock.
• 4/10/2025 – Warby Parker had its price target lowered by analysts at Stifel Nicolaus from $25.00 to $18.00. They now have a “hold” rating on the stock.
• 2/28/2025 – Warby Parker had its “outperform” rating reaffirmed by analysts at Citigroup Inc..
• 2/28/2025 – Warby Parker had its price target raised by analysts at Robert W. Baird from $30.00 to $32.00. They now have an “outperform” rating on the stock.
• 2/28/2025 – Warby Parker had its price target raised by analysts at UBS Group AG from $20.00 to $23.00. They now have a “neutral” rating on the stock.
• 2/27/2025 – Warby Parker had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $28.00 price target on the stock.
• 2/25/2025 – Warby Parker is now covered by analysts at Roth Mkm. They set a “neutral” rating and a $26.00 price target on the stock.
• 2/24/2025 – Warby Parker was upgraded by analysts at Roth Capital to a “strong-buy” rating.
• 2/20/2025 – Warby Parker had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $28.00 price target on the stock.

Warby Parker Price Performance

Shares of NYSE:WRBY traded down $0.01 during mid-day trading on Friday, reaching $14.25. 3,250,076 shares of the company were exchanged, compared to its average volume of 1,730,358. Warby Parker Inc. has a 1 year low of $11.66 and a 1 year high of $28.68. The firm’s 50-day simple moving average is $20.18 and its 200 day simple moving average is $21.54. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of -52.78 and a beta of 2.00.

Insider Transactions at Warby Parker

In other news, CEO Neil Harris Blumenthal sold 27,967 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $23.52, for a total transaction of $657,783.84. Following the sale, the chief executive officer now owns 23,961 shares of the company’s stock, valued at approximately $563,562.72. This represents a 53.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven Clive Miller sold 11,684 shares of Warby Parker stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $23.52, for a total transaction of $274,807.68. Following the completion of the transaction, the chief financial officer now owns 204,727 shares of the company’s stock, valued at $4,815,179.04. This trade represents a 5.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 89,651 shares of company stock worth $2,313,092 over the last ninety days. Company insiders own 26.55% of the company’s stock.

Institutional Trading of Warby Parker

Hedge funds have recently modified their holdings of the stock. Global Retirement Partners LLC purchased a new stake in Warby Parker during the 4th quarter worth about $25,000. NewEdge Advisors LLC increased its stake in shares of Warby Parker by 700.0% during the fourth quarter. NewEdge Advisors LLC now owns 1,200 shares of the company’s stock worth $29,000 after buying an additional 1,050 shares during the period. Jones Financial Companies Lllp lifted its stake in Warby Parker by 205.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,528 shares of the company’s stock worth $37,000 after acquiring an additional 1,028 shares during the last quarter. Comerica Bank lifted its stake in Warby Parker by 153.1% in the fourth quarter. Comerica Bank now owns 2,291 shares of the company’s stock worth $55,000 after acquiring an additional 1,386 shares during the last quarter. Finally, Anderson Financial Strategies LLC acquired a new position in Warby Parker during the 4th quarter worth approximately $69,000. 93.24% of the stock is currently owned by institutional investors and hedge funds.

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.