Warby Parker (NYSE:WRBY - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $212.42 million for the quarter.
Warby Parker Price Performance
Shares of WRBY traded down $0.34 during trading hours on Friday, hitting $23.61. The company's stock had a trading volume of 1,516,553 shares, compared to its average volume of 1,568,949. The company has a market cap of $2.47 billion, a price-to-earnings ratio of -196.75 and a beta of 2.09. The business has a 50 day simple moving average of $22.29 and a two-hundred day simple moving average of $21.13. Warby Parker has a 52-week low of $12.46 and a 52-week high of $28.68.
Insider Transactions at Warby Parker
In related 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 completion of the sale, the chief executive officer directly owned 28,347 shares of the company's stock, valued at $686,280.87. This represents a 63.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Youngme E. Moon sold 33,073 shares of the company's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $19.90, for a total transaction of $658,152.70. Following the completion of the sale, the director directly owned 53,869 shares of the company's stock, valued at approximately $1,071,993.10. This trade represents a 38.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 83,073 shares of company stock valued at $1,868,573. 18.24% of the stock is owned by insiders.
Hedge Funds Weigh In On Warby Parker
A number of large investors have recently added to or reduced their stakes in WRBY. Caxton Associates LLP bought a new position in Warby Parker in the first quarter worth about $252,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Warby Parker by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,690 shares of the company's stock worth $961,000 after purchasing an additional 2,297 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of Warby Parker by 98.4% during the first quarter. Intech Investment Management LLC now owns 81,249 shares of the company's stock valued at $1,481,000 after acquiring an additional 40,307 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Warby Parker by 101.0% during the first quarter. AQR Capital Management LLC now owns 171,271 shares of the company's stock valued at $3,122,000 after acquiring an additional 86,053 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Warby Parker by 17.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 257,020 shares of the company's stock valued at $4,685,000 after acquiring an additional 38,395 shares in the last quarter. 93.24% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on WRBY shares. Piper Sandler reiterated an "overweight" rating and set a $25.00 target price (up from $20.00) on shares of Warby Parker in a research report on Thursday, May 29th. Robert W. Baird set a $30.00 target price on shares of Warby Parker and gave the company an "outperform" rating in a research report on Wednesday. Citigroup reiterated a "neutral" rating and set a $22.00 target price (up from $17.00) on shares of Warby Parker in a research report on Wednesday, May 21st. Citizens Jmp lowered shares of Warby Parker from an "outperform" rating to a "market perform" rating in a report on Thursday, July 10th. Finally, Cowen restated a "buy" rating on shares of Warby Parker in a report on Wednesday, May 21st. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, Warby Parker has a consensus rating of "Moderate Buy" and a consensus target price of $23.13.
Read Our Latest Stock Analysis on Warby Parker
Warby Parker Company Profile
(
Get Free Report)
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.
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