Wayfair’s (W) Buy Rating Reiterated at Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of Wayfair (NYSE:W) in a research report released on Friday morning,Benzinga reports. They currently have a $125.00 target price on the stock.

A number of other equities analysts also recently weighed in on the stock. Oppenheimer upped their price target on shares of Wayfair from $100.00 to $144.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Morgan Stanley boosted their target price on Wayfair from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Guggenheim upped their target price on Wayfair from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. BMO Capital Markets set a $110.00 price target on Wayfair and gave the stock a “market perform” rating in a research note on Wednesday, October 29th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Wayfair in a report on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.17.

Wayfair Stock Performance

Shares of NYSE:W opened at $81.19 on Friday. Wayfair has a 52 week low of $20.41 and a 52 week high of $119.98. The company has a market cap of $10.58 billion, a PE ratio of -33.41, a price-to-earnings-growth ratio of 7.78 and a beta of 3.36. The firm has a 50 day simple moving average of $101.66 and a 200 day simple moving average of $93.77.

Insider Buying and Selling

In related news, CFO Kate Gulliver sold 36,497 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $106.50, for a total value of $3,886,930.50. Following the completion of the transaction, the chief financial officer directly owned 149,238 shares of the company’s stock, valued at approximately $15,893,847. This trade represents a 19.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven Conine sold 150,000 shares of the business’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $108.87, for a total transaction of $16,330,500.00. Following the transaction, the insider owned 289,073 shares in the company, valued at approximately $31,471,377.51. The trade was a 34.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 650,494 shares of company stock worth $68,353,313 in the last quarter. 21.91% of the stock is owned by company insiders.

Institutional Investors Weigh In On Wayfair

Hedge funds have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership increased its holdings in shares of Wayfair by 826.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,817,056 shares of the company’s stock valued at $251,648,000 after purchasing an additional 2,512,854 shares during the last quarter. Voloridge Investment Management LLC acquired a new stake in shares of Wayfair during the 3rd quarter worth about $108,125,000. Norges Bank bought a new stake in shares of Wayfair during the 4th quarter worth about $117,973,000. AQR Capital Management LLC boosted its holdings in shares of Wayfair by 197.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,557,937 shares of the company’s stock worth $79,673,000 after buying an additional 1,033,865 shares during the period. Finally, Holocene Advisors LP grew its stake in Wayfair by 351.9% in the 2nd quarter. Holocene Advisors LP now owns 1,294,057 shares of the company’s stock valued at $66,178,000 after buying an additional 1,007,676 shares during the last quarter. Institutional investors and hedge funds own 89.67% of the company’s stock.

Wayfair News Roundup

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Market tailwind — A Supreme Court decision blocking parts of the Trump tariff plan spurred a rally in retail names, helping push Wayfair shares higher along with peers in the afternoon session. Today’s Stock Market Angi, Bumble, Match Group, Wayfair, and Shutterstock Shares Skyrocket
• Positive Sentiment: Earnings beat — Wayfair reported Q4 EPS of $0.85 and revenue up ~6.9% Y/Y, topping consensus and marking the company’s first annual sales gain since 2020, a fundamental positive for investors. Wayfair Q4 Earnings & Revenues Beat Estimates
• Neutral Sentiment: Guidance & strategy — Management outlined mid-single-digit Q1 revenue growth and plans to expand physical retail and loyalty programs; that supports growth but may raise near-term investment needs. Wayfair outlines mid-single-digit Q1 revenue growth
• Neutral Sentiment: Mixed analyst reactions — Several firms trimmed price targets (JPMorgan, Truist, Stifel, Wedbush) while Needham reaffirmed a $125 target; the cuts temper enthusiasm but several analysts still see upside. Analyst PTs Lowered Benzinga
• Negative Sentiment: Customer-growth concerns — Investors focused on signs of active-customer softness despite top-line beats; that worry triggered a sharp post-earnings reaction and capped gains. Highly Shorted Wayfair Sinks
• Negative Sentiment: Margin & investment risk — Management warned that planned investments and store expansion could pressure margins; that message, highlighted in coverage, is a key reason some investors sold into the rally. Wayfair’s stock sinks Wayfair warns investment plans could pressure margins

About Wayfair

Wayfair Inc (NYSE: W) is an e-commerce company focused on home furnishings and décor. Through its platform, Wayfair offers a broad assortment of furniture, lighting, home textiles, kitchenware and decorative accessories. The company’s portfolio includes flagship sites such as Wayfair.com, as well as specialty retail brands like Joss & Main, AllModern, Birch Lane and Perigold, each catering to distinct design styles and price points.

Founded in 2002 by Niraj Shah and Steve Conine under the name CSN Stores, the business rebranded as Wayfair in 2011 and went public in 2014.