Wayfair’s analyst price target has been raised slightly from $82.10 to $83.17 per share. Analysts point to modest improvements in profit margin and a lower projected price-earnings ratio as key factors behind the upward revision.
What's in the News
- Wayfair completed the repurchase of 2,354,491 shares for a total of $611.61 million under its buyback program announced in August 2020 (Key Developments).
- No shares were repurchased under the buyback program announced in August 2021 during the recent tranche period (Key Developments).
- The next large-format retail store will open in Denver, Colorado in late 2026, marking Wayfair's first location in the Mountain West region. This new store joins recently announced sites in Atlanta, GA, and Yonkers, NY (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has increased slightly from $82.10 to $83.17 per share.
- Discount Rate rose marginally from 9.03% to 9.07%.
- Revenue Growth projection remains effectively unchanged at 4.89%.
- Net Profit Margin improved from 0.92% to 1.00%.
- Future Price/Earnings Ratio has decreased from 119.84x to 111.25x.
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