9 stories mentioning WRBYUpdated 39d ago
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Warby Parker (WRBY) has an average rating of overweight and mean price target of $30.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $29.75, Change: $+0.51, Percent Change: +1.73%
Neil Harris Blumenthal, Director, Co-Chief Executive Officer, on May 19, 2026, sold 63,040 shares in Warby Parker (WRBY) for $1,893,091. Following the Form 4 filing with the SEC, Blumenthal has control over a total of 450,165 Class A common shares of the company, with 50,165 shares held directly and 400,000 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1504776/000110465926065196/xslF345X05/tm2615362-1_4seq1.xml
Warby Parker (WRBY) has unveiled an Intelligent Eyewear frame design that features Alphabet's (GOOGL, GOOG) Google's artificial intelligent assistant Gemini and works with Android XR to provide contextual, real-time assistance, the eyewear brand said Tuesday.Built in partnership with Google and Samsung, the glasses allows users to access information, manage daily tasks, navigate their surroundings, communicate and interact with apps, Warby said.Warby plans to launch its first line of Intelligent Eyewear this fall, it said.Shares of the company were down about 11% in Tuesday afternoon trading.Price: $25.58, Change: $-3.07, Percent Change: -10.72%
Warby Parker (WRBY) has an average rating of overweight and mean price target of $28.67, according to analysts polled by FactSet.Price: $26.64, Change: $-0.56, Percent Change: -2.06%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target by $1 to $30 using a forward P/EBITDA of 31.3x our 2026 EBITDA estimate of $120M, in line with the three-year forward TEV/EBITDA average. We think our multiple is justified by store growth runway and intelligent eyewear potential offsetting consumer discounting. We raise our 2026 EPS estimate by $0.07 to $0.50 and increase 2027's by $0.02 to $0.65. Our revenue projections are $975M in 2026 and $1.1B in 2027, respectively. Given the outsize gain in the share price today, we think the upside potential may be limited to our view of fair value, which is our target price. We don't believe WRBY should have a wider equity risk premium as we applied a P/EBITDA multiple. In our view, revenue growth Y/Y in 2026-2027 is not commensurate with an even higher multiple valuation. Nonetheless, WRBY has a proven business model in a highly competitive market: the retail eyewear market. We are skeptical that innovation with smart eyeglasses will make a big difference to net sales in the next year.
Warby Parker (WRBY) shares were up more than 25% in early trading on Thursday after the company posted higher Q1 net revenue.The company reported Q1 earnings Thursday of $0.03 per diluted share, unchanged from a year earlier.Analysts polled by FactSet expected $0.05.Net revenue for the quarter ended March 31 was $242.4 million, up from $223.8 million a year earlier.Analysts expected revenue of $239.4 million.The company reaffirmed its full-year 2026 net revenue guidance of $959 million to $976 million. Analysts expect revenue of $980.8 million.Price: $26.01, Change: $+4.00, Percent Change: +18.17%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:WRBY posted Q1 net revenue of $242M (+8.3% Y/Y), marking the fifth consecutive quarter of double-digit growth, though the gross margin declined 230 bps to 54.0% due to fixed cost deleverage and tariff impacts. Adjusted EBITDA reached $29.6M with margin expanding 130 bps to 12.2%, reflecting operational efficiency gains from sunsetting the Home-Try On program and SG&A leverage. We think the performance reflects the company's strategic pivot toward profitability optimization over pure growth acceleration. Management guided revenue of $959M-$976M (10%-12% growth) and adjusted EBITDA of $117M-$119M, representing 12.2% margin expansion. We believe the intelligent eyewear development represents the most significant product catalyst, with management preparing what they describe as the world's first truly intelligent AI glasses for all-day wear. The $100M share repurchase authorization demonstrates confidence in the business model and provides capital allocation flexibility alongside strategic growth investments.
Warby Parker (WRBY) is expected to post a "challenging" Q1, UBS Securities said, adding that results will likely be impacted by "severe winter weather" and increasing pressure on the consumer from rising gasoline prices.The brokerage said in a Monday research note that the retailer's "core cash paying customer may have faced added stress," pointing to higher fuel costs and broader macro uncertainty, with pressure especially affecting younger and lower-income consumers.UBS noted that Q1 growth would represent the company's slowest pace on record, highlighting the extent of a slowdown. It added that recent commentary suggests Warby is "braced for more downside vs upside risk from the consumer."The investment firm also flagged that margins may face pressure from tariffs, cost deleverage in COGS and SG&A, and other input costs, though some of that could be offset by price increases, mix shift toward higher-margin products and cost mitigation efforts.However, the firm said the "smart glasses opportunity" remains the key near-term driver for the stock and highlighted it as a potential catalyst.UBS has a neutral rating on the company's stock, with a $25 price target.Price: $21.65, Change: $-0.34, Percent Change: -1.55%
Neil Harris Blumenthal, Director, Co-Chief Executive Officer, on April 16, 2026, sold 100,000 shares in Warby Parker (WRBY) for $2,467,130. Following the Form 4 filing with the SEC, Blumenthal has control over a total of 450,165 Class A common shares of the company, with 50,165 shares held directly and 400,000 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1504776/000110465926045607/xslF345X05/tm2612293-1_4seq1.xml
