W stock icon

Wayfair
W

$52.62
2.89%

Market Cap: 6.42B

 

About: Wayfair engages in e-commerce in the United States (87% of 2023 sales), Canada, the United Kingdom, Germany, and Ireland. At the end of 2023, the firm offered more than 30 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.

Employees: 14,400

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 31 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

83% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 11 (+5) [Q1 2024]

30% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 98

10% more call options, than puts

Call options by funds: $1.24B | Put options by funds: $1.12B

10% more capital invested

Capital invested by funds: $6.82B [Q4 2023] → $7.49B (+$672M) [Q1 2024]

2% more funds holding

Funds holding: 344 [Q4 2023] → 350 (+6) [Q1 2024]

10% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 63

0.42% more ownership

Funds ownership: 116.2% [Q4 2023] → 116.62% (+0.42%) [Q1 2024]

Research analyst outlook

31 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$50
5%
downside
Avg. target
$71
35%
upside
High target
$91
73%
upside

31 analyst ratings

22 positive
71%
neutral
29%
negative
0%
Loop Capital
Laura Champine
5%downside
$50
Hold
Maintained
21 Jun 2024
Needham
Anna Andreeva
43%upside
$75
Buy
Reiterated
16 May 2024
Argus Research
John Staszak
58%upside
$83
Buy
Upgraded
16 May 2024
Morgan Stanley
Simeon Gutman
71%upside
$90
Overweight
Maintained
13 May 2024
RBC Capital
Steven Shemesh
24%upside
$65
Sector Perform
Maintained
6 May 2024

Financial journalist opinion

Based on 4 articles about W published over the past 30 days