Wayfair Inc. (W)

NYSE: W · IEX Real-Time Price · USD
51.61
-0.41 (-0.79%)
Jul 19, 2024, 11:12 AM EDT - Market open
-0.79%
Market Cap 6.29B
Revenue (ttm) 11.96B
Net Income (ttm) -631.00M
Shares Out 121.93M
EPS (ttm) -5.35
PE Ratio n/a
Forward PE 34.95
Dividend n/a
Ex-Dividend Date n/a
Volume 656,484
Open 51.77
Previous Close 52.02
Day's Range 51.35 - 52.90
52-Week Range 38.37 - 90.71
Beta 3.44
Analysts Buy
Price Target 78.50 (+52.1%)
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]

Industry Internet Retail
IPO Date Oct 2, 2014
Employees 14,400
Stock Exchange NYSE
Ticker Symbol W
Full Company Profile

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 Statements

Analyst Forecast

According to 28 analysts, the average rating for W stock is "Buy." The 12-month stock price forecast is $78.5, which is an increase of 52.10% from the latest price.

Price Target
$78.5
(52.10% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

21 days ago - Benzinga

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 ...

23 days ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

Other symbols: CCLJBLUMANUPTON
6 weeks ago - Market Watch

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...

7 weeks ago - Forbes

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...

7 weeks ago - PYMNTS

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.

2 months ago - Forbes

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...

2 months ago - PRNewsWire

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.

Other symbols: HDPOOLSNBRWHR
2 months ago - CNBC

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 ...

Other symbols: ARHSHDRH
2 months ago - Market Watch

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.

2 months ago - Fox Business

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.

2 months ago - CNBC

Ambac Reports First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Ambac Reports First Quarter 2024 Results.

Other symbols: AMBC
2 months ago - Business Wire

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.

2 months ago - Barrons

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.

2 months ago - Investopedia

Wayfair's New Strategy Looks Built to Last

Cost cuts and bet on physical stores should pay off.

2 months ago - WSJ

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...

2 months ago - Invezz

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.

2 months ago - Barrons

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 ...

2 months ago - Market Watch

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.

2 months ago - CNBC

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 ...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - Barrons

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 ...

3 months ago - PRNewsWire