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European Wax Center (EWCZ) Stock Overview
Operates as the franchisor and operator of out-of-home waxing services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
EWCZ Community Fair Values
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Analyst Price Targets
European Wax Center, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.82 |
| 52 Week High | US$6.52 |
| 52 Week Low | US$3.24 |
| Beta | 1.33 |
| 1 Month Change | -0.17% |
| 3 Month Change | 44.42% |
| 1 Year Change | 61.67% |
| 3 Year Change | -63.85% |
| 5 Year Change | n/a |
| Change since IPO | -72.79% |
Recent News & Updates
Narrative Update • Apr 26
EWCZ: Takeover At US$5.80 Will Hinge On Execution And Earnings Consistency
Analysts have raised their blended $4.60 fair value estimate for European Wax Center to $5.80, citing recent price target adjustments from firms increasing their outlooks, along with a mix of upgrades and downgrades that highlight differing views on the company’s earnings power and valuation reset. Analyst Commentary Recent Street research on European Wax Center reflects a mixed backdrop, with some firms adjusting price targets modestly higher while others are stepping back and rethinking their stance.
Narrative Update • Apr 11
EWCZ: Going Private Offer And Steady Margins Will Drive Upside Potential
The Analyst Price Target for European Wax Center has shifted modestly to reflect updated Street views, with changes quantified in cents and driven by analysts reassessing assumptions around the discount rate, long term profit margins, and future P/E following recent mixed rating moves and small price target adjustments at several firms. Analyst Commentary Bullish Takeaways Bullish analysts lifting price targets by cents rather than dollars point to incremental shifts in assumptions around discount rates and long term margins rather than a wholesale rethink of the story, which can matter for investors focused on valuation sensitivity.Narrative Update • Mar 28
EWCZ: Going Private Premium And Mixed Rating Shifts Will Shape Returns
Analysts have raised their price target for European Wax Center by a combined $1.10, citing updated assumptions on the discount rate, long-term revenue growth, profit margin and future P/E as the drivers of their revisions. Analyst Commentary Bullish Takeaways Bullish analysts connect their higher price targets to refreshed assumptions on long term revenue growth.Narrative Update • Mar 13
EWCZ: Going Private Deal Will Reshape Risk Profile And Future Returns
The analyst price target for European Wax Center has moved to $7.64 from $6.79, with analysts pointing to updated assumptions around discount rates, revenue growth, profit margins and future P/E after recent mixed research that included target increases from Telsey Advisory and Baird, as well as a Truist downgrade and a Morgan Stanley upgrade. Analyst Commentary Recent research on European Wax Center reflects a mix of optimism and caution, with some analysts raising price targets while others are taking a more conservative stance.Recent updates
Narrative Update • Apr 26
EWCZ: Takeover At US$5.80 Will Hinge On Execution And Earnings Consistency
Analysts have raised their blended $4.60 fair value estimate for European Wax Center to $5.80, citing recent price target adjustments from firms increasing their outlooks, along with a mix of upgrades and downgrades that highlight differing views on the company’s earnings power and valuation reset. Analyst Commentary Recent Street research on European Wax Center reflects a mixed backdrop, with some firms adjusting price targets modestly higher while others are stepping back and rethinking their stance.Narrative Update • Apr 11
EWCZ: Going Private Offer And Steady Margins Will Drive Upside Potential
The Analyst Price Target for European Wax Center has shifted modestly to reflect updated Street views, with changes quantified in cents and driven by analysts reassessing assumptions around the discount rate, long term profit margins, and future P/E following recent mixed rating moves and small price target adjustments at several firms. Analyst Commentary Bullish Takeaways Bullish analysts lifting price targets by cents rather than dollars point to incremental shifts in assumptions around discount rates and long term margins rather than a wholesale rethink of the story, which can matter for investors focused on valuation sensitivity.Narrative Update • Mar 28
EWCZ: Going Private Premium And Mixed Rating Shifts Will Shape Returns
Analysts have raised their price target for European Wax Center by a combined $1.10, citing updated assumptions on the discount rate, long-term revenue growth, profit margin and future P/E as the drivers of their revisions. Analyst Commentary Bullish Takeaways Bullish analysts connect their higher price targets to refreshed assumptions on long term revenue growth.Narrative Update • Mar 13
EWCZ: Going Private Deal Will Reshape Risk Profile And Future Returns
The analyst price target for European Wax Center has moved to $7.64 from $6.79, with analysts pointing to updated assumptions around discount rates, revenue growth, profit margins and future P/E after recent mixed research that included target increases from Telsey Advisory and Baird, as well as a Truist downgrade and a Morgan Stanley upgrade. Analyst Commentary Recent research on European Wax Center reflects a mix of optimism and caution, with some analysts raising price targets while others are taking a more conservative stance.Narrative Update • Feb 26
EWCZ: Takeover Premium Will Depend On Execution Risks Around Store Expansion
Analysts have lifted their average price target for European Wax Center by about $1.10, reflecting updated views on revenue growth, margin potential, and future P/E assumptions following recent rating changes and incremental target increases from several firms. Analyst Commentary Recent rating changes and price target moves show that analysts are not aligned on European Wax Center, and that some remain cautious even as others tweak their models higher.Narrative Update • Feb 12
EWCZ: Takeover Premium Will Heighten Risk If Deal Fails To Close
Analysts have lifted their price target on European Wax Center by about $0.80, reflecting updated assumptions for fair value at 4.6, a lower discount rate, and higher revenue growth and profit margin expectations that also bring the projected future P/E down to 9.17. Analyst Commentary Recent Street research on European Wax Center points to a mixed setup, with some firms lifting price targets and others turning more cautious on the shares.Seeking Alpha • Jan 22
European Wax Center: Despite The Pain, This Prospect Offers Upside
Summary European Wax Center remains a soft "Buy" despite a 19.8% share price decline and ongoing revenue contraction. EWCZ's profitability metrics have improved, with net income, adjusted net income, and EBITDA all rising amid cost reductions and operational transformation. Management expects FY2025 EBITDA of $72–$74 million and adjusted net profit of $33–$35 million, even as systemwide sales and locations decline. Valuation remains attractive on low multiples, with potential upside if unit growth and revenue recovery materialize in the second half of the year. Read the full article on Seeking AlphaAnalysis Article • Jan 07
Investors Continue Waiting On Sidelines For European Wax Center, Inc. (NASDAQ:EWCZ)
With a price-to-earnings (or "P/E") ratio of 15.3x European Wax Center, Inc. ( NASDAQ:EWCZ ) may be sending bullish...Analysis Article • Dec 18
Investors Will Want European Wax Center's (NASDAQ:EWCZ) Growth In ROCE To Persist
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Analysis Article • Nov 13
Is European Wax Center (NASDAQ:EWCZ) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Aug 31
Returns On Capital Are Showing Encouraging Signs At European Wax Center (NASDAQ:EWCZ)
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...Analysis Article • Aug 02
Positive Sentiment Still Eludes European Wax Center, Inc. (NASDAQ:EWCZ) Following 26% Share Price Slump
The European Wax Center, Inc. ( NASDAQ:EWCZ ) share price has softened a substantial 26% over the previous 30 days...Analysis Article • May 17
Market Participants Recognise European Wax Center, Inc.'s (NASDAQ:EWCZ) Earnings Pushing Shares 67% Higher
European Wax Center, Inc. ( NASDAQ:EWCZ ) shareholders are no doubt pleased to see that the share price has bounced 67...Analysis Article • May 08
When Should You Buy European Wax Center, Inc. (NASDAQ:EWCZ)?
While European Wax Center, Inc. ( NASDAQ:EWCZ ) might not have the largest market cap around , it saw a decent share...Seeking Alpha • Apr 22
Elevated Risks Justify A Cautious Approach To European Wax Center
Summary European Wax Center, a US-based franchisor, has seen revenue growth but faces potential location declines in 2025, raising concerns about its attractiveness as an investment. The company's Wax Pass program boosts customer loyalty and recurring revenue, with 60% of transactions using these passes. Despite profitability and cash flow growth, declining transactions and profitability among franchisees have led to paused expansion plans and anticipated net closures. Given the company's low share price and cash flow, it could be a turnaround candidate, but high net debt and economic uncertainty justify a 'hold' rating. Read the full article on Seeking AlphaAnalysis Article • Apr 02
Positive Sentiment Still Eludes European Wax Center, Inc. (NASDAQ:EWCZ) Following 35% Share Price Slump
European Wax Center, Inc. ( NASDAQ:EWCZ ) shareholders that were waiting for something to happen have been dealt a blow...Analysis Article • Mar 14
European Wax Center, Inc. (NASDAQ:EWCZ) Analysts Are Cutting Their Estimates: Here's What You Need To Know
There's been a major selloff in European Wax Center, Inc. ( NASDAQ:EWCZ ) shares in the week since it released its...Analysis Article • Feb 16
Is European Wax Center, Inc. (NASDAQ:EWCZ) Trading At A 41% Discount?
Key Insights European Wax Center's estimated fair value is US$12.35 based on 2 Stage Free Cash Flow to Equity European...Analysis Article • Nov 12
Why Investors Shouldn't Be Surprised By European Wax Center, Inc.'s (NASDAQ:EWCZ) 27% Share Price Surge
The European Wax Center, Inc. ( NASDAQ:EWCZ ) share price has done very well over the last month, posting an excellent...Analysis Article • Nov 08
Is European Wax Center, Inc. (NASDAQ:EWCZ) Potentially Undervalued?
While European Wax Center, Inc. ( NASDAQ:EWCZ ) might not have the largest market cap around , it led the NASDAQGS...
New Narrative • Sep 20
Innovative Strategies And Analyst Optimism Propel Future Revenue And Earnings Growth
Enhanced data analytics and new service offerings like laser hair removal pilot aim to boost customer retention, loyalty, and attract new customers.Analysis Article • Aug 08
What You Can Learn From European Wax Center, Inc.'s (NASDAQ:EWCZ) P/E After Its 25% Share Price Crash
To the annoyance of some shareholders, European Wax Center, Inc. ( NASDAQ:EWCZ ) shares are down a considerable 25% in...Analysis Article • Aug 07
An Intrinsic Calculation For European Wax Center, Inc. (NASDAQ:EWCZ) Suggests It's 48% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, European Wax Center fair value estimate is US$14.76 European...Analysis Article • Jul 21
We Like These Underlying Return On Capital Trends At European Wax Center (NASDAQ:EWCZ)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Seeking Alpha • Apr 27
European Wax Center: Hunted By Laser Competitors
Summary European Wax Center offers franchising opportunities in the waxing industry with a successful business model and strong financial results. The company faces growing competition from laser hair removal services, which could impact its future growth and profitability. A scenario-based valuation suggests a fair price per share of $9.8, with a downside potential of 15% from the current price. Read the full article on Seeking AlphaAnalysis Article • Apr 17
We Think European Wax Center (NASDAQ:EWCZ) Is Taking Some Risk With Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Mar 13
The Strong Earnings Posted By European Wax Center (NASDAQ:EWCZ) Are A Good Indication Of The Strength Of The Business
European Wax Center, Inc.'s ( NASDAQ:EWCZ ) strong earnings report was rewarded with a positive stock price move. We...Shareholder Returns
| EWCZ | US Consumer Services | US Market | |
|---|---|---|---|
| 7D | 0.3% | -1.1% | 1.1% |
| 1Y | 61.7% | -25.4% | 28.7% |
Return vs Industry: EWCZ exceeded the US Consumer Services industry which returned -19% over the past year.
Return vs Market: EWCZ exceeded the US Market which returned 31% over the past year.
Price Volatility
| EWCZ volatility | |
|---|---|
| EWCZ Average Weekly Movement | 12.2% |
| Consumer Services Industry Average Movement | 7.9% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: EWCZ's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: EWCZ's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 159 | Chris Morris | waxcenter.com |
European Wax Center, Inc. operates as the franchisor and operator of out-of-home waxing services in the United States. It offers body and facial waxing services; and pre- and post-service products, including ingrown hair serums, exfoliating gels, brow shapers, and skin treatments, as well as skincare retail products. It also provides full-sized and travel-sized SKUs in branded product portfolio.
European Wax Center, Inc. Fundamentals Summary
| EWCZ fundamental statistics | |
|---|---|
| Market cap | US$316.32m |
| Earnings (TTM) | US$8.56m |
| Revenue (TTM) | US$206.63m |
29.9x
P/E Ratio1.2x
P/S RatioIs EWCZ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EWCZ income statement (TTM) | |
|---|---|
| Revenue | US$206.63m |
| Cost of Revenue | US$53.83m |
| Gross Profit | US$152.79m |
| Other Expenses | US$144.23m |
| Earnings | US$8.56m |
Last Reported Earnings
Jan 03, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 73.95% |
| Net Profit Margin | 4.14% |
| Debt/Equity Ratio | 361.2% |
How did EWCZ perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 13:32 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/01/03 |
| Annual Earnings | 2026/01/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
European Wax Center, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Komp | Baird |
| Kelly Crago | Citigroup Inc |
| Citi Research | Citigroup Inc |