Warby ParkerWRBY
About: Warby Parker Inc is engaged in designing and developing designer prescription glasses and contacts, and providing the facility of eye exams and vision tests. The company predominantly derives revenue from the sales of eyewear products, optical services, and accessories. The firm sells products and services through its stores, website, and mobile apps. Revenue generated from eyewear products includes the sales of prescription and non-prescription optical glasses and sunglasses, contact lenses, eyewear accessories, and expedited shipping charges.
Employees: 3,491
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
111% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 37
68% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 28
23% more capital invested
Capital invested by funds: $1.26B [Q1] → $1.55B (+$287M) [Q2]
11% more funds holding
Funds holding: 168 [Q1] → 187 (+19) [Q2]
3.04% more ownership
Funds ownership: 94.22% [Q1] → 97.27% (+3.04%) [Q2]
7% more call options, than puts
Call options by funds: $30.7M | Put options by funds: $28.6M
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Piper Sandler Anna Andreeva 62% 1-year accuracy 26 / 42 met price target | 19%upside $18 | Overweight Assumed | 23 Aug 2024 |
JMP Securities Nicholas Jones 65% 1-year accuracy 45 / 69 met price target | 33%upside $20 | Market Outperform Upgraded | 23 Aug 2024 |
Stifel Jim Duffy 79% 1-year accuracy 26 / 33 met price target | 1%downside $15 | Hold Maintained | 9 Aug 2024 |
Telsey Advisory Group Dana Telsey 44% 1-year accuracy 75 / 172 met price target | 26%upside $19 | Outperform Maintained | 8 Aug 2024 |
Telsey Advisory Group Dana Telsey 44% 1-year accuracy 75 / 172 met price target | 26%upside $19 | Outperform Maintained | 1 Aug 2024 |