Should I buy or sell Warby Parker stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Warby Parker in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WRBY shares. View WRBY analyst ratings or view top-rated stocks .

What is Warby Parker's stock price target for 2024?

10 Wall Street research analysts have issued 12-month target prices for Warby Parker's stock. Their WRBY share price targets range from $12.00 to $20.00. On average, they expect the company's share price to reach $16.67 in the next year. This suggests a possible upside of 53.8% from the stock's current price. View analysts price targets for WRBY or view top-rated stocks among Wall Street analysts .

How have WRBY shares performed in 2023?

Warby Parker's stock was trading at $13.49 at the beginning of the year. Since then, WRBY shares have decreased by 19.6% and is now trading at $10.84. View the best growth stocks for 2023 here .

When is Warby Parker's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our WRBY earnings forecast .

How were Warby Parker's earnings last quarter?

Warby Parker Inc. (NYSE:WRBY) issued its quarterly earnings results on Friday, November, 12th. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of ($0.63) by $0.66. The business earned $137.40 million during the quarter, compared to analyst estimates of $133.09 million. Warby Parker had a negative net margin of 9.84% and a negative trailing twelve-month return on equity of 17.09%. The company's revenue for the quarter was up 32.0% compared to the same quarter last year.

What ETF holds Warby Parker's stock ?

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

When did Warby Parker IPO?

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

Who are Warby Parker's major shareholders?

Warby Parker's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (9.47%), Baillie Gifford & Co. (6.18%), Scopia Capital Management LP (1.62%), Rock Springs Capital Management LP (1.61%), Northern Trust Corp (0.77%) and Bank of New York Mellon Corp (0.76%). 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 .

How do I buy shares of Warby Parker?

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. Compare Top Brokerages Here .

Warby Parker Stock Price, News & Analysis (NYSE:WRBY)

$10.71

-0.11 (-1.02%)

(As of 04:10 PM ET)

Compare

Today's Range: $10.65
▼
$11.16
50-Day Range: $10.06
▼
$14.80
52-Week Range: $9.50
▼
$18.67

Volume: 1.06 million shs
Average Volume: 1.10 million shs
Market Capitalization: $1.05 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.67

Warby Parker MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 53.8% Upside
$16.67 Price Target
Short Interest: Healthy
9.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$150,466 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.47) to ($0.12) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Medical Sector

545th out of 949 stocks

Ophthalmic Goods Industry

4th out of 7 stocks

3.3

Analyst's Opinion

Consensus Rating
Warby Parker has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.67, Warby Parker has a forecasted upside of 53.8% from its current price of $10.84.
Amount of Analyst Coverage
Warby Parker has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
9.60% of the float of Warby Parker has been sold short.
Short Interest Ratio / Days to Cover
Warby Parker has a short interest ratio ("days to cover") of 6.8.
Change versus previous month
Short interest in Warby Parker has recently decreased by 7.15%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Warby Parker does not currently pay a dividend.
Dividend Growth
Warby Parker does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WRBY.

0.0

News and Social Media Coverage

Search Interest
Only 3 people have searched for WRBY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Warby Parker to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Warby Parker insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $150,466.00 in company stock.
Percentage Held by Insiders
26.91% of the stock of Warby Parker is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
93.24% of the stock of Warby Parker is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Warby Parker are expected to grow in the coming year, from ($0.47) to ($0.12) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Warby Parker is -19.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Warby Parker is -19.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Warby Parker has a P/B Ratio of 3.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Warby Parker Stock (NYSE:WRBY)

Warby Parker Inc. provides eyewear products. The company offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering 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. In addition, the company offers eye exams and vision tests. Warby Parker Inc. was incorporated in 2009 and is headquartered in New York, New York.

WRBY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WRBY Stock News Headlines

November 14, 2023 | seekingalpha.com

Warby Parker Q3: Thriving In A Niche Market With A Compact Brand

November 10, 2023 | finance.yahoo.com

Warby Parker Inc. (NYSE:WRBY) Q3 2023 Earnings Call Transcript

November 29, 2023 | Autonomix (Ad)

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November 10, 2023 | finance.yahoo.com

With A 29% Price Drop For Warby Parker Inc. (NYSE:WRBY) You'll Still Get What You Pay For