Warby Parker (WRBY) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Warby Parker in the last twelve months. There are currently 6 hold ratings and 4 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.
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10 analysts have issued twelve-month price objectives for Warby Parker's shares. Their WRBY share price forecasts range from $11.00 to $25.00. On average, they predict the company's share price to reach $16.82 in the next year. This suggests a possible upside of 39.2% from the stock's current price.
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Warby Parker's stock was trading at $13.49 at the beginning of the year. Since then, WRBY stock has decreased by 10.5% and is now trading at $12.08.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
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Warby Parker Inc. (NYSE:WRBY) released its quarterly earnings data on Friday, November, 12th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.63) by $0.66. The business had revenue of $137.40 million for the quarter, compared to analysts' expectations of $133.09 million. Warby Parker had a negative trailing twelve-month return on equity of 25.89% and a negative net margin of 14.11%. The company's revenue was up 32.0% on a year-over-year basis.

ETFs with the largest weight of Warby Parker (NYSE:WRBY) stock in their portfolio include Neuberger Berman Next Generation Connected Consumer ETF (NBCC), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL) and Fidelity Blue Chip Growth ETF (FBCG).Noble Absolute Return ETF (NOPE).

Warby Parker updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $645.00 million-$660.00 million, compared to the consensus revenue estimate of $656.32 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 a price of $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 a number of retail and institutional investors. Top institutional investors include FMR LLC (9.47%), Baillie Gifford & Co. (5.93%), BlackRock Inc. (5.48%), Price T Rowe Associates Inc. MD (3.76%), State Street Corp (2.08%) and Geode Capital Management LLC (1.37%). 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.
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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 $12.08.

Warby Parker (NYSE:WRBY) has a market capitalization of $1.16 billion and generates $598.11 million in revenue each year. The company earns $-110,390,000.00 in net income (profit) each year or ($0.76) 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.