Q3 Earnings Estimate for Warby Parker Issued By Roth Capital

Warby Parker Inc. (NYSE:WRBY - Free Report) - Investment analysts at Roth Capital boosted their Q3 2026 earnings estimates for shares of Warby Parker in a report issued on Wednesday, May 21st. Roth Capital analyst M. Koranda now forecasts that the company will earn $0.13 per share for the quarter, up from their prior estimate of $0.09. Roth Capital has a "Neutral" rating and a $21.00 price objective 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 Q4 2026 earnings at $0.11 EPS.

Several other research analysts have also weighed in on WRBY. Loop Capital reissued a "buy" rating on shares of Warby Parker in a research note on Wednesday, May 21st. Cowen reissued a "buy" rating on shares of Warby Parker in a report on Wednesday, May 21st. Robert W. Baird upped their price objective on shares of Warby Parker from $30.00 to $32.00 and gave the company an "outperform" rating in a research report on Friday, February 28th. TD Securities lifted their target price on Warby Parker from $20.00 to $24.00 and gave the stock a "buy" rating in a report on Wednesday, May 21st. Finally, Stifel Nicolaus increased their price target on Warby Parker from $18.00 to $21.00 and gave the stock a "hold" rating in a report on Wednesday, May 21st. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, Warby Parker currently has an average rating of "Moderate Buy" and a consensus target price of $22.56.

Warby Parker Trading Down 2.3%

Shares of NYSE:WRBY traded down $0.47 during midday trading on Friday, hitting $20.13. The company had a trading volume of 800,252 shares, compared to its average volume of 1,898,515. Warby Parker has a 12 month low of $12.46 and a 12 month high of $28.68. The firm has a fifty day simple moving average of $16.98 and a 200 day simple moving average of $21.63. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of -74.57 and a beta of 2.01.

Insider Transactions at Warby Parker

In other news, CFO Steven Clive Miller sold 11,684 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $23.52, for a total transaction of $274,807.68. Following the sale, the chief financial officer now directly owns 204,727 shares in the company, valued at approximately $4,815,179.04. The trade was a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Youngme E. Moon sold 33,073 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $19.90, for a total transaction of $658,152.70. Following the completion of the transaction, the director now owns 53,869 shares of the company's stock, valued at approximately $1,071,993.10. This trade represents a 38.04% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 72,724 shares of company stock valued at $1,590,744. 26.55% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Warby Parker

Hedge funds have recently modified their holdings of the business. Northern Trust Corp raised its position in Warby Parker by 7.5% during the 4th quarter. Northern Trust Corp now owns 811,038 shares of the company's stock worth $19,635,000 after purchasing an additional 56,674 shares during the last quarter. Shaker Investments LLC OH acquired a new stake in shares of Warby Parker in the fourth quarter valued at about $279,000. Raymond James Financial Inc. bought a new position in shares of Warby Parker during the fourth quarter worth about $8,272,000. Jones Financial Companies Lllp lifted its stake in shares of Warby Parker by 205.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,528 shares of the company's stock worth $37,000 after acquiring an additional 1,028 shares during the period. Finally, Invesco Ltd. raised its holdings in Warby Parker by 69.0% during the 4th quarter. Invesco Ltd. now owns 152,934 shares of the company's stock worth $3,703,000 after purchasing an additional 62,462 shares during the last quarter. Institutional investors and hedge funds own 93.24% of the company's stock.

Warby Parker Company Profile

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.