Warby Parker (WRBY) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Warby Parker in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WRBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WRBY, but not buy additional shares or sell existing shares.
View WRBY analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued 12-month target prices for Warby Parker's shares. Their WRBY share price forecasts range from $13.00 to $22.00. On average, they predict the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 48.2% from the stock's current price.
View analysts price targets for WRBY or view top-rated stocks among Wall Street analysts.

Warby Parker's stock was trading at $13.49 at the start of the year. Since then, WRBY stock has decreased by 10.0% and is now trading at $12.1450.
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Warby Parker saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 6,950,000 shares, a drop of 18.6% from the July 31st total of 8,540,000 shares. Based on an average daily volume of 1,020,000 shares, the short-interest ratio is currently 6.8 days. Currently, 8.4% of the company's shares are sold short.
View Warby Parker's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our WRBY earnings forecast.

Warby Parker Inc. (NYSE:WRBY) released its quarterly earnings data on Wednesday, August, 9th. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.01. The firm earned $166.09 million during the quarter, compared to analysts' expectations of $161.63 million. Warby Parker had a negative net margin of 11.18% and a negative trailing twelve-month return on equity of 21.07%.

Neuberger Berman Next Generation Connected Consumer ETF holds 9,906 shares of WRBY stock, representing 2.65% of its portfolio.

Warby Parker issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $655.00 million-$664.00 million, compared to the consensus revenue estimate of $658.50 million.

(WRBY) raised $3.1 billion in an initial public offering (IPO) on Wednesday, September 29th 2021. The company issued 77,741,942 shares at $40.00 per share.

Warby Parker trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRBY."

Warby Parker's stock is owned by many different retail and institutional investors. Top institutional investors include Durable Capital Partners LP (10.36%), Baillie Gifford & Co. (6.30%), BlackRock Inc. (6.00%), State Street Corp (2.02%), Geode Capital Management LLC (1.47%) and Rock Springs Capital Management LP (1.36%). Insiders that own company stock include D1 Capital Partners LP, David Abraham Gilboa, Durable Capital Partners Lp, Joel E Cutler, Neil Harris Blumenthal, Steven Clive Miller and Teresa Briggs.
View institutional ownership trends.

Shares of WRBY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WRBY stock can currently be purchased for approximately $12.15.

Warby Parker (NYSE:WRBY) has a market capitalization of $1.18 billion and generates $598.11 million in revenue each year. The company earns $-110,390,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis.

The company employs 3,032 workers across the globe.

Warby Parker's mailing address is 233 SPRING STREET 6TH FLOOR EAST, NEW YORK NY, 10013. The official website for the company is www.warbyparker.com. The company can be reached via phone at 646-847-7215 or via email at investors@warbyparker.com.