Q1 Earnings Estimate for Warby Parker Issued By Roth Capital

Key Points

• Roth Capital has reduced Warby Parker's Q1 2026 EPS estimate to $0.04 per share from a previous estimate of $0.06, maintaining a "Neutral" rating and a target price of $24.00.
• The stock has shown recent volatility, with a 52-week low of $12.46 and a high of $28.68, and an average target price of $23.31 from analysts.
• Insider trading activity has been notable, with CEO Neil Harris Blumenthal selling 49,600 shares, reflecting a decrease in insider ownership of the stock.

Warby Parker Inc. (NYSE:WRBY - Free Report) - Research analysts at Roth Capital lowered their Q1 2026 earnings estimates for shares of Warby Parker in a research report issued to clients and investors on Tuesday, August 5th. Roth Capital analyst M. Koranda now expects that the company will earn $0.04 per share for the quarter, down from their previous forecast of $0.06. Roth Capital currently has a "Neutral" rating and a $24.00 target price on the stock. The consensus estimate for Warby Parker's current full-year earnings is ($0.12) per share. Roth Capital also issued estimates for Warby Parker's Q2 2026 earnings at $0.04 EPS and Q4 2026 earnings at $0.12 EPS.

A number of other analysts have also recently weighed in on WRBY. Citizens Jmp cut Warby Parker from an "outperform" rating to a "market perform" rating in a research report on Thursday, July 10th. BTIG Research restated a "buy" rating and issued a $28.00 target price (up from $24.00) on shares of Warby Parker in a report on Thursday. UBS Group reaffirmed a "neutral" rating and set a $23.00 target price (up previously from $20.00) on shares of Warby Parker in a research report on Friday. Telsey Advisory Group restated an "outperform" rating and issued a $28.00 price target on shares of Warby Parker in a research report on Thursday. Finally, Loop Capital reaffirmed a "buy" rating on shares of Warby Parker in a research report on Wednesday, May 21st. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $24.06.

Warby Parker Price Performance

NYSE:WRBY traded down $0.11 during trading hours on Wednesday, reaching $23.37. The company's stock had a trading volume of 2,626,000 shares, compared to its average volume of 1,752,055. The company has a market cap of $2.44 billion, a price-to-earnings ratio of -333.81 and a beta of 2.09. Warby Parker has a one year low of $12.46 and a one year high of $29.73. The business's 50-day moving average is $22.64 and its 200-day moving average is $21.08.

Institutional Trading of Warby Parker

Several large investors have recently added to or reduced their stakes in the company. New York State Teachers Retirement System acquired a new position in shares of Warby Parker in the 1st quarter worth approximately $27,000. NewEdge Advisors LLC raised its position in Warby Parker by 700.0% in the 4th quarter. NewEdge Advisors LLC now owns 1,200 shares of the company's stock valued at $29,000 after purchasing an additional 1,050 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Warby Parker by 400.3% in the second quarter. PNC Financial Services Group Inc. now owns 1,601 shares of the company's stock worth $35,000 after purchasing an additional 1,281 shares in the last quarter. Huntington National Bank grew its holdings in shares of Warby Parker by 111.0% during the second quarter. Huntington National Bank now owns 1,675 shares of the company's stock worth $37,000 after purchasing an additional 881 shares during the last quarter. Finally, Comerica Bank grew its holdings in shares of Warby Parker by 153.1% during the fourth quarter. Comerica Bank now owns 2,291 shares of the company's stock worth $55,000 after purchasing an additional 1,386 shares during the last quarter. 93.24% of the stock is owned by institutional investors.

Insider Buying and Selling at Warby Parker

In other news, CEO Neil Harris Blumenthal sold 49,600 shares of the company's stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $24.21, for a total value of $1,200,816.00. Following the sale, the chief executive officer owned 28,347 shares of the company's stock, valued at approximately $686,280.87. This represents a 63.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Youngme E. Moon sold 33,073 shares of Warby Parker stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $19.90, for a total transaction of $658,152.70. Following the transaction, the director directly owned 53,869 shares of the company's stock, valued at $1,071,993.10. This represents a 38.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 83,073 shares of company stock worth $1,868,573. 18.24% of the stock is owned by insiders.

About Warby Parker

Warby Parker Inc provides eyewear products in the United States and Canada. The company offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, non-prescription lenses, and contact lenses. It also provides accessories, such as cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray through its retail stores, website, and mobile apps.