Wayfair (W) Projected to Post Earnings on Thursday

Wayfair (NYSE:W) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $2.71 billion for the quarter.

Wayfair (NYSE:W) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.96) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($1.01). The company had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.07 billion. On average, analysts expect Wayfair to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Wayfair Price Performance

W opened at $31.15 on Wednesday. Wayfair has a 12 month low of $20.41 and a 12 month high of $76.18. The stock’s 50 day moving average price is $31.94 and its 200 day moving average price is $41.22. The stock has a market cap of $3.95 billion, a P/E ratio of -7.75 and a beta of 3.72.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on W shares. Jefferies Financial Group raised shares of Wayfair from a “hold” rating to a “buy” rating and upped their price objective for the stock from $45.00 to $47.00 in a report on Friday, March 7th. Guggenheim reiterated a “buy” rating and set a $60.00 price objective on shares of Wayfair in a research note on Monday, March 10th. Deutsche Bank Aktiengesellschaft downgraded Wayfair from a “buy” rating to a “hold” rating and set a $25.00 target price for the company. in a research report on Monday, April 14th. Needham & Company LLC restated a “buy” rating and set a $50.00 price objective on shares of Wayfair in a research report on Friday, February 21st. Finally, Stifel Nicolaus decreased their price target on shares of Wayfair from $46.00 to $29.00 and set a “hold” rating on the stock in a research report on Wednesday, April 23rd. Sixteen investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $50.28.

Insider Activity

In related news, CTO Fiona Tan sold 23,835 shares of Wayfair stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $31.92, for a total transaction of $760,813.20. Following the sale, the chief technology officer now directly owns 111,128 shares of the company’s stock, valued at $3,547,205.76. This trade represents a 17.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jon Blotner sold 19,257 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $31.68, for a total value of $610,061.76. Following the completion of the transaction, the insider now directly owns 78,308 shares of the company’s stock, valued at approximately $2,480,797.44. This trade represents a 19.74 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 92,863 shares of company stock valued at $3,393,929. 21.91% of the stock is owned by insiders.

About Wayfair

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.