Wayfair (NYSE:W) Price Target Cut to $100.00 by Analysts at Guggenheim

Wayfair (NYSE:W) had its price target lowered by investment analysts at Guggenheim from $120.00 to $100.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Guggenheim’s target price would suggest a potential upside of 51.08% from the company’s current price.

A number of other research analysts also recently weighed in on W. UBS Group reiterated a “buy” rating on shares of Wayfair in a research report on Friday. Wall Street Zen downgraded shares of Wayfair from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Robert W. Baird decreased their price objective on shares of Wayfair from $98.00 to $85.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. The Goldman Sachs Group set a $92.00 price objective on shares of Wayfair in a research report on Friday, February 20th. Finally, Jefferies Financial Group decreased their price objective on shares of Wayfair from $86.00 to $70.00 and set a “hold” rating for the company in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.40.

Wayfair Trading Up 3.5%

Shares of Wayfair stock traded up $2.26 during trading hours on Friday, reaching $66.19. The stock had a trading volume of 2,261,339 shares, compared to its average volume of 3,708,260. The stock’s 50 day moving average is $75.42 and its 200 day moving average is $91.43. The firm has a market capitalization of $8.65 billion, a PE ratio of -27.18, a PEG ratio of 6.14 and a beta of 3.30. Wayfair has a twelve month low of $29.68 and a twelve month high of $119.98.

Wayfair (NYSE:W) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.21. The business had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.30 billion. Wayfair had a negative net margin of 2.51% and a negative return on equity of 1.52%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.25) earnings per share. As a group, sell-side analysts predict that Wayfair will post 0.4 earnings per share for the current year.

Insider Activity

In related news, CEO Niraj Shah sold 113,863 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $77.49, for a total transaction of $8,823,243.87. Following the completion of the transaction, the chief executive officer owned 435,274 shares in the company, valued at $33,729,382.26. This represents a 20.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven Conine sold 112,861 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $77.50, for a total transaction of $8,746,727.50. Following the transaction, the director owned 436,212 shares of the company’s stock, valued at approximately $33,806,430. This trade represents a 20.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 703,785 shares of company stock valued at $54,004,173. Insiders own 18.44% of the company’s stock.

Institutional Trading of Wayfair

A number of hedge funds have recently bought and sold shares of the business. Capital World Investors raised its holdings in Wayfair by 0.6% in the 4th quarter. Capital World Investors now owns 13,457,158 shares of the company’s stock valued at $1,351,237,000 after acquiring an additional 82,584 shares during the last quarter. Vanguard Group Inc. raised its holdings in Wayfair by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 9,634,757 shares of the company’s stock valued at $967,426,000 after acquiring an additional 72,707 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Wayfair by 3.5% in the 4th quarter. Renaissance Technologies LLC now owns 5,407,325 shares of the company’s stock valued at $542,950,000 after acquiring an additional 180,558 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Wayfair by 4.9% in the 4th quarter. Janus Henderson Group PLC now owns 3,570,475 shares of the company’s stock valued at $358,514,000 after acquiring an additional 166,855 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Wayfair by 0.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,825,654 shares of the company’s stock valued at $283,724,000 after acquiring an additional 8,598 shares during the last quarter. Institutional investors and hedge funds own 89.67% of the company’s stock.

Wayfair News Summary

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wells Fargo cut its price target to $100 but kept an “overweight” rating, signaling continued confidence in Wayfair’s upside potential relative to peers. Wells Fargo price-target note
• Positive Sentiment: Needham lowered its target to $83 but maintained a “buy” rating, another vote of confidence from an analyst even after target cuts. This supports bullish sentiment despite near-term volatility. Needham price-target note
• Positive Sentiment: Q1 fundamentals: Wayfair reported ~7% revenue growth (~$2.9B), returning to active-customer growth and citing market-share gains and margin improvement. Management highlighted AI and influencer strategies helping performance — these operational positives support upside if execution continues. Q1 press release
• Neutral Sentiment: Bares Capital trimmed its position in Wayfair — notable for holders but not a large conviction shift; long-term institutional interest remains. Bares Capital trim
• Neutral Sentiment: Jefferies lowered its price target to $70 and rated the stock a “hold” — reduces upside in certain models but is less bearish than a downgrade to sell. Jefferies price-target note
• Negative Sentiment: Market reaction and coverage emphasized a profit miss / mixed earnings tone and “choppy” demand in the furniture category, which triggered a selloff after results; demand uncertainty remains the primary near-term risk. Earnings coverage (Seeking Alpha)
• Negative Sentiment: An insider/director sale of roughly $8.75M was reported, which can concern some investors despite not necessarily signaling company performance issues. Director sale report

About Wayfair

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.