Wayfair Inc. (W)
| Market Cap | 6.28B |
| Revenue (ttm) | 11.96B |
| Net Income (ttm) | -631.00M |
| Shares Out | 121.93M |
| EPS (ttm) | -5.35 |
| PE Ratio | n/a |
| Forward PE | 34.46 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,552,321 |
| Open | 50.80 |
| Previous Close | 50.55 |
| Day's Range | 49.79 - 51.64 |
| 52-Week Range | 38.37 - 90.71 |
| Beta | 3.40 |
| Analysts | Buy |
| Price Target | 77.31 (+50.0%) |
| Earnings Date | Aug 1, 2024 |
About W
Wayfair Inc. provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. The company offers its products under the Three Posts and Mercury Row brand name. The company was founded in 2002 and is headquartered in Boston, Massachusetts. [Read more]
Financial Performance
In 2023, Wayfair's revenue was $12.00 billion, a decrease of -1.76% compared to the previous year's $12.22 billion. Losses were -$738.00 million, -44.55% less than in 2022.
Financial StatementsAnalyst Forecast
According to 29 analysts, the average rating for W stock is "Buy." The 12-month stock price forecast is $77.31, which is an increase of 50.00% from the latest price.
News
Amazon, Pinterest, Wayfair Top List Of 7 Stocks Bank Of America Says To Watch In Second Half Of 2024
A new report from Bank of America highlights over 100 catalysts for the second half of 2024. It gives investors key events and stocks to focus on as major indexes trade near all-time highs.
Wayfair Schedules Second Quarter 2024 Earnings Release and Conference Call
BOSTON , June 26, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today announced it will release financial results for its second quarter ending June 30, 2024 before ...
Wayfair Releases Third-Annual Corporate Responsibility Report, Sets Ambitious Zero Waste Target
BOSTON , June 12, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today released its third-annual Corporate Responsibility Report, showcasing the company's progress a...
Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit aw...
Why Wayfair Stands To Win Going Big With Its Brand New Big Box
A retailer that made its name online as an e-commerce-only company, Wayfair just made an entry into physical retail with a mega-store that could be on the cusp of a couple new retail trends, or at the...
Wayfair Goes Click-and-Mortar™ as Furniture Shoppers Seek Physical Touchpoints
Wayfair is going all-in on brick-and-mortar as furniture shoppers prove hesitant to fully embrace eCommerce. The home goods online marketplace announced Thursday (May 23) the opening of its first larg...
Wayfair Opens First Large Format Store And Points To Recovery
Online furniture and home retailer Wayfair Wayfair Inc. has opened the doors to its first ever large-format store in Wilmette, Illinois.
Now Open: Wayfair's First Large-Format Store Reimagines the Shopping Experience for Home
Wayfair Store Opens Today in Wilmette, IL BOSTON , May 23, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE: W), the destination for all things home, today opens the doors to its first large-format store in W...
Some consumers are punting big purchases like pools and mattresses
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.
The furniture industry's recovery relies on customers getting used to paying more
During Wayfair Inc.'s earnings call this month, Kate Gulliver, the online furniture retailer's chief financial officer, said that after a two-year slump, demand for sofas, beds, chairs and home decor ...
Wayfair's first large-format store to open next week
Wayfair's first large-format store will officially open up shop once the online home goods retailer holds a grand opening on May 23. It will be 150,000 square feet.
Wayfair to open its first large store, as physical locations make a comeback
What "retail apocalypse"? Wayfair and other digitally native companies are turning to physical stores for growth as e-commerce profits become more challenging.
Ambac Reports First Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Ambac Reports First Quarter 2024 Results.
Furniture Sales Are in a Slump. That Hasn't Stopped Wayfair.
The online home good seller posted a 32-cent-per-share loss but showed improvement in many key metrics. Its stock soared.
Wayfair Stock Soars As Home Furnishing Retailer Trimmed Its Losses in Q1
Wayfair (W) shares soared Thursday after the online home furnishings retailer reported better-than-expected first-quarter results.
Wayfair's New Strategy Looks Built to Last
Cost cuts and bet on physical stores should pay off.
Is it too late to buy Wayfair stock after its post-earnings rally?
It's not too late to invest in Wayfair Inc (NYSE: W) even though it's already up more than 15% on Thursday, says a Citi analyst. Wayfair stock has upside to $85 Ygal Arounian reiterated his “buy” rat...
Wayfair Stock Leaps As Sales Beat Estimates and Customers Grow
The furniture company reported first-quarter revenue of $2.73 billion, topping Wall Street's call for $2.64 billion.
Wayfair's stock up 3.9% after retailer narrows loss and beats on revenue with quarter ‘ending on an upswing'
Wayfair Inc.'s stock W, +0.76% rose 3.9% early Thursday, after the online furniture retailer narrowed its quarterly loss and posted revenue that beat estimates. Wayfair had a loss of $248 million, or ...
Wayfair's losses narrow by more than $100 million after layoffs, even as sales dip
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.
Wayfair Announces First Quarter 2024 Results, Reports Fourth Consecutive Quarter of Strong Profitability
Q1 Net Revenue of $2.7 billion with 22.3 million Active Customers BOSTON , May 2, 2024 /PRNewswire/ -- Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for ...
Save the Date: Wayfair to Host Way Day May 4-6, the Biggest Sale of the Year on All Things Home
Global three-day sales event will feature free shipping sitewide and up to 80% off thousands of items, with new deals dropping every 12 hours BOSTON , April 24, 2024 /PRNewswire/ -- Wayfair Inc. (NYS...
Wayfair Announces Grand Opening Date for Its First Large-Format Store
The Wilmette, IL store opens May 23, 2024 BOSTON , April 18, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE: W), one of the world's largest destinations for the home, today announced the grand opening of its...
Wayfair Stock Has 23% Upside, According to a New Bull
Evercore ISI analysts see “a long runway of growth,” and upgraded Wayfair stock to Outperform from In Line.
Wayfair Schedules First Quarter 2024 Earnings Release and Conference Call
BOSTON , April 2, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), one of the world's largest destinations for the home, today announced that it will release financial results for its first quarter ending ...