Zacks Research Has Optimistic Outlook of Wayfair Q2 Earnings

Wayfair Inc. (NYSE:W) – Equities research analysts at Zacks Research increased their Q2 2028 earnings per share estimates for shares of Wayfair in a note issued to investors on Friday, June 26th. Zacks Research analyst Team now expects that the company will earn $0.72 per share for the quarter, up from their prior estimate of $0.71. The consensus estimate for Wayfair’s current full-year earnings is $0.63 per share.

Wayfair (NYSE:W) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.26 EPS for the quarter, meeting the consensus estimate of $0.26. Wayfair had a negative return on equity of 2.20% and a negative net margin of 2.41%.The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.89 billion. During the same period last year, the firm earned $0.10 EPS. The company’s quarterly revenue was up 7.4% compared to the same quarter last year.

Several other brokerages have also commented on W. Needham & Company LLC decreased their target price on shares of Wayfair from $125.00 to $83.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. The Goldman Sachs Group set a $79.00 price target on shares of Wayfair in a report on Friday, May 1st. Weiss Ratings upgraded shares of Wayfair from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 17th. Morgan Stanley set a $110.00 price objective on shares of Wayfair in a report on Friday, May 1st. Finally, Canaccord Genuity Group lowered their target price on shares of Wayfair from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Wayfair currently has an average rating of “Moderate Buy” and a consensus target price of $99.68.

Wayfair Price Performance

Shares of W stock opened at $95.00 on Thursday. The business’s fifty day moving average price is $74.32 and its 200 day moving average price is $84.39. The firm has a market capitalization of $12.54 billion, a PE ratio of -40.60, a P/E/G ratio of 4.86 and a beta of 2.96. Wayfair has a 1-year low of $53.03 and a 1-year high of $119.98.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Webster Bank N. A. purchased a new stake in shares of Wayfair during the fourth quarter worth about $30,000. V Square Quantitative Management LLC purchased a new position in shares of Wayfair during the fourth quarter valued at approximately $33,000. Piper Sandler & CO. purchased a new position in shares of Wayfair during the fourth quarter valued at approximately $34,000. Havemeyer Place LP acquired a new stake in Wayfair during the fourth quarter worth approximately $39,000. Finally, EverSource Wealth Advisors LLC boosted its position in Wayfair by 393.4% during the second quarter. EverSource Wealth Advisors LLC now owns 819 shares of the company’s stock worth $42,000 after acquiring an additional 653 shares during the last quarter. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Wayfair

In other news, Director Steven Conine sold 112,861 shares of the business’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $77.50, for a total value of $8,746,727.50. Following the completion of the transaction, the director directly owned 436,212 shares of the company’s stock, valued at $33,806,430. The trade was a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Niraj Shah sold 113,863 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $77.49, for a total value of $8,823,243.87. Following the completion of the sale, the chief executive officer owned 435,274 shares in the company, valued at $33,729,382.26. This represents a 20.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 240,000 shares of company stock valued at $18,613,231 in the last three months. 18.44% of the stock is currently owned by company insiders.

Key Headlines Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair announced it will report second-quarter 2026 results on August 4 and host a conference call, giving investors a near-term catalyst to watch. Wayfair Schedules Second Quarter 2026 Earnings Release and Conference Call
• Positive Sentiment: Several consumer-focused articles highlighted Wayfair products being heavily discounted for summer and Fourth of July shopping, which may help drive traffic and sales momentum. Wayfair’s Fourth Of July Sale Has Deals Up To 70% Off — And Items Are Already Selling Out
• Positive Sentiment: Retail coverage also pointed to strong discounts on patio furniture and other home goods, reinforcing the idea that Wayfair is using promotions to stimulate demand. Wayfair’s most popular patio furniture is on major sale — lounge chairs, sofas, and rugs are up to 54% off
• Neutral Sentiment: Wayfair continues to explore brick-and-mortar retail, which could broaden its brand reach but also adds execution risk as it expands beyond pure e-commerce. What Wayfair is Learning as it Takes Its Online Catalog Offlineto Brick-and-Mortar
• Neutral Sentiment: Analysts at Zacks Research trimmed near-term and FY2027 earnings estimates slightly, signaling some caution on profitability expectations, though the changes were modest. Wayfair stock and analyst estimates

About Wayfair

Wayfair Inc (NYSE: W) is an e-commerce company focused on home furnishings and décor. Through its platform, Wayfair offers a broad assortment of furniture, lighting, home textiles, kitchenware and decorative accessories. The company’s portfolio includes flagship sites such as Wayfair.com, as well as specialty retail brands like Joss & Main, AllModern, Birch Lane and Perigold, each catering to distinct design styles and price points.

Founded in 2002 by Niraj Shah and Steve Conine under the name CSN Stores, the business rebranded as Wayfair in 2011 and went public in 2014.