Analysts Set Expectations for Wayfair’s Q2 Earnings (NYSE:W)

Wayfair Inc. (NYSE:W) – Research analysts at Zacks Research reduced their Q2 2028 earnings per share (EPS) estimates for shares of Wayfair in a report released on Monday, July 6th. Zacks Research analyst Team now expects that the company will post earnings of $0.71 per share for the quarter, down from their previous estimate of $0.72. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Wayfair’s current full-year earnings is $0.63 per share. Zacks Research also issued estimates for Wayfair’s FY2028 earnings at $2.23 EPS.

A number of other equities analysts also recently issued reports on W. Truist Financial set a $99.00 price target on shares of Wayfair in a report on Monday, June 8th. Canaccord Genuity Group lowered their target price on shares of Wayfair from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Weiss Ratings raised shares of Wayfair from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 17th. Needham & Company LLC reduced their price target on shares of Wayfair from $125.00 to $83.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Finally, UBS Group decreased their price target on Wayfair from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Wayfair currently has an average rating of “Moderate Buy” and a consensus target price of $99.68.

Wayfair Stock Performance

Wayfair stock opened at $93.37 on Wednesday. The company has a market cap of $12.32 billion, a P/E ratio of -39.90, a price-to-earnings-growth ratio of 4.90 and a beta of 2.96. Wayfair has a one year low of $53.07 and a one year high of $119.98. The business has a fifty day moving average of $75.49 and a two-hundred day moving average of $84.22.

Wayfair (NYSE:W) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.26 EPS for the quarter, meeting the consensus estimate of $0.26. Wayfair had a negative return on equity of 2.20% and a negative net margin of 2.41%.The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.89 billion. During the same period last year, the firm earned $0.10 EPS. The company’s quarterly revenue was up 7.4% compared to the same quarter last year.

Insider Activity at Wayfair

In other Wayfair news, insider Jon Blotner sold 5,925 shares of Wayfair stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $96.29, for a total value of $570,518.25. Following the completion of the sale, the insider owned 117,344 shares in the company, valued at $11,299,053.76. The trade was a 4.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Niraj Shah sold 113,863 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 435,274 shares of the company’s stock, valued at approximately $33,729,382.26. The trade was a 20.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 245,925 shares of company stock worth $19,183,749. 18.44% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Wayfair

Large investors have recently modified their holdings of the stock. Covenant Asset Management LLC acquired a new stake in Wayfair during the 4th quarter valued at $4,403,000. Capital World Investors boosted its position in Wayfair by 4.1% in the 3rd quarter. Capital World Investors now owns 13,374,574 shares of the company’s stock valued at $1,194,750,000 after buying an additional 521,240 shares during the last quarter. WINTON GROUP Ltd purchased a new position in Wayfair in the 3rd quarter valued at about $2,635,000. North Dakota State Investment Board acquired a new stake in shares of Wayfair during the fourth quarter valued at about $3,636,000. Finally, Divisadero Street Capital Management LP purchased a new stake in shares of Wayfair during the third quarter worth about $1,929,000. Institutional investors and hedge funds own 89.67% of the company’s stock.

Wayfair News Roundup

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair was named a Zacks Rank #1 (Strong Buy), which signals improved earnings optimism and can attract momentum investors. Article Title
• Positive Sentiment: The company also appeared on Zacks’ momentum-stock lists, reinforcing the idea that investors are rewarding recent price strength and improved technical momentum. Article Title
• Positive Sentiment: Zacks also said Wayfair still looks like a bargain despite its strong recent run, which may support buying interest from growth-focused investors. Article Title
• Positive Sentiment: Media coverage highlighting discounted Wayfair products and a planned large-format store near Princeton suggests the brand is staying visible with consumers and expanding its retail presence. Article Title
• Neutral Sentiment: An insider sale by Jon Blotner of 5,925 shares was filed, but it was executed under a pre-arranged 10b5-1 plan and was tied to tax withholding, which makes it less concerning than discretionary selling. Article Title
• Neutral Sentiment: Several lifestyle and product-review articles featured Wayfair items, which may help visibility but are unlikely to move the stock materially on their own. Article Title
• Negative Sentiment: A separate commentary piece argued that Wayfair’s reported profits are adjusted while losses remain real, which could remind investors that profitability is still a concern. Article Title
• Negative Sentiment: Health Canada issued a recall notice for a banned baby item sold on Wayfair, creating a small reputational and compliance overhang. Article Title

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.