Wayfair Inc (W) Stock Forecast & Predictions

Wayfair Inc - Class A W: $307.77

4 Copley Pl, Boston, Massachusetts, US. | Sector: Retail Trade | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web:

  • Market Cap$24.57B
  • Change (52 Weeks)230.50%
  • Low (52 Weeks)$97.71
  • Wayfair Inc (W) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Wayfair Inc (W) stock price is $307.77 and the 52 weeks low is $97.71, which means the Wayfair Inc stock price is up 230.50% in the last 12 months.

    Wayfair Inc (W) Stock Price has been Trending Strongly with an ADX reading of 29.74 as per the Weekly Chart.

    A Upward trend indicates that Wayfair Inc (W) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that W Stock price might rise further, 25.00% indicating that W Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall W stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Wayfair Inc (W) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Wayfair Inc (W) is based on 36 Institutional Analyst Ratings where 25.00% are on Strong Buy, 25.00% on Moderate Buy, 38.89% remains on Hold, 5.56% are on Moderate Sell and 5.56% are on Strong Sell.

    Out of 36 Institutional Analysts, majority recommended W stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Wayfair Inc.

    Wayfair Inc (W) Stock Price Prediction By Analysts


    HighLowAverage
    $472.50$202.00$343.06
    $343.0611.47% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for W set by the institutional analysts is $343.06 where High Estimate is $472.50, Median $333.54 and Low $202.00.

    The average price target for W by Institutional Analysts is $343.06, which is 11.47% Upside from the current price. So according to the Institutional Analysts, W Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Wayfair Inc (W) Stock Forecast Based on News Sentiment


    Bullish
    Based on 7 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about W, it shows that Wayfair Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that W stock price may surge in the next few weeks.

    Wayfair Inc (W) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Loop CapitalHoldMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyEqual-WeightUpgraded
    Credit SuisseOutperformMaintained
    Cowen & Co.OutperformMaintained
    Gordon HaskettNeutralDowngraded
    Morgan StanleyUnderweightMaintained
    DA DavidsonBuyUpgraded
    Deutsche BankBuyMaintained
    Canaccord GenuityBuyMaintained
    Gordon HaskettAccumulateDowngraded
    William BlairOutperformUpgraded
    Argus ResearchBuyMaintained
    B of A SecuritiesNeutralDowngraded
    GuggenheimBuyInitiated
    CitigroupSellMaintained
    WedbushOutperformMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityBuyMaintained
    BarclaysEqual-WeightUpgraded
    Credit SuisseOutperformMaintained
    Piper SandlerOverweightMaintained
    WedbushOutperformUpgraded
    BairdNeutralMaintained
    Wells FargoEqual-WeightMaintained
    SunTrust Robinson HumphreyHoldMaintained
    BairdNeutralMaintained
    Piper SandlerOverweightMaintained
    CitigroupSellDowngraded
    Evercore ISI GroupIn-LineDowngraded
    Deutsche BankBuyMaintained
    BarclaysUnderweightMaintained
    UBSNeutralMaintained
    SunTrust Robinson HumphreyHoldMaintained
    JP MorganUnderweightMaintained
    JefferiesBuyMaintained
    DA DavidsonUnderperformMaintained
    Credit SuisseOutperformMaintained
    BairdNeutralMaintained
    StifelSellDowngraded
    CFRAHoldMaintained
    Piper SandlerOverweightMaintained
    Credit SuisseOutperformMaintained
    OppenheimerOutperformMaintained
    StifelHoldDowngraded
    StifelBuyMaintained
    SunTrust Robinson HumphreyHoldMaintained
    JP MorganUnderweightDowngraded
    BairdNeutralMaintained
    B of A SecuritiesBuyUpgraded
    Deutsche BankBuyMaintained
    Gordon HaskettBuyUpgraded
    Wells FargoEqual-WeightMaintained
    Morgan StanleyUnderweightMaintained
    Argus ResearchBuyMaintained
    CFRASellDowngraded
    JP MorganNeutralMaintained
    CitigroupNeutralMaintained
    BarclaysUnderweightMaintained
    WedbushNeutralMaintained
    Stephens & Co.Equal-WeightMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityBuyMaintained
    Buckingham ResearchBuyMaintained
    Credit SuisseOutperformMaintained
    Stephens & Co.Equal-WeightDowngraded
    Morgan StanleyUnderweightDowngraded
    Loop CapitalHoldDowngraded
    Morgan StanleyEqual-WeightMaintained
    SunTrust Robinson HumphreyHoldInitiated
    StifelBuyMaintained
    BarclaysUnderweightInitiated
    Argus ResearchBuyUpgraded
    WedbushNeutralMaintained
    UBSNeutralMaintained
    NeedhamHoldDowngraded
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoMarket PerformMaintained
    UBSNeutralInitiated
    BerenbergSellInitiated
    Goldman SachsBuyInitiated
    Stifel NicolausBuyUpgraded
    Credit SuisseOutperformMaintained
    NeedhamBuyInitiated
    JefferiesBuyInitiated
    BerenbergSellInitiated
    Stifel NicolausHoldMaintained
    Gordon HaskettAccumulateUpgraded
    Evercore ISI GroupOutperformInitiated
    ArgusHoldInitiated
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    Canaccord GenuityBuyMaintained
    BuckinghamBuyMaintained
    Deutsche BankBuyInitiated
    Credit SuisseOutperformUpgraded
    WedbushNeutralMaintained
    JP MorganNeutralMaintained
    CitigroupNeutralMaintained
    BairdNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaNeutralDowngraded
    Canaccord GenuityBuyMaintained
    BuckinghamBuyMaintained
    Bank of AmericaBuyMaintained
    Canaccord GenuityBuyMaintained
    BuckinghamBuyMaintained
    BairdNeutralMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaBuyUpgraded
    WedbushNeutralDowngraded
    Morgan StanleyEqual-WeightInitiated
    DA DavidsonUnderperformDowngraded
    Loop CapitalBuyInitiated
    Credit SuisseNeutralMaintained
    Bank of AmericaNeutralMaintained
    Gordon HaskettAccumulateDowngraded
    Stifel NicolausHoldDowngraded
    Bank of AmericaNeutralDowngraded
    Moffett NathansonBuyInitiated
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    BairdNeutralMaintained
    MKM PartnersBuyInitiated
    DA DavidsonNeutralInitiated
    Stifel NicolausBuyUpgraded
    Credit SuisseNeutralMaintained
    Gordon HaskettAccumulateDowngraded
    Maxim GroupHoldDowngraded
    OppenheimerOutperformUpgraded
    Gordon HaskettBuyInitiated
    Bank of AmericaBuyUpgraded
    Stephens & Co.OverweightInitiated
    Raymond JamesMarket PerformDowngraded
    Credit SuisseNeutralInitiated
    WedbushOutperformMaintained
    Goldman SachsNeutralDowngraded
    Bank of AmericaNeutralDowngraded
    Longbow ResearchNeutralInitiated
    William BlairMarket PerformInitiated
    Maxim GroupBuyInitiated
    JP MorganNeutralInitiated
    Buckingham ResearchBuyInitiated
    Sterne Agee CRTNeutralInitiated
    Raymond JamesOutperformDowngraded
    PiperJaffrayOverweightMaintained
    Goldman SachsBuyUpgraded
    CitigroupBuyUpgraded
    BairdNeutralInitiated
    SunTrust Robinson HumphreyNeutralInitiated
    Pacific CrestSector WeightInitiated
    Raymond JamesStrong BuyUpgraded
    OTR GlobalNegativeDowngraded
    Bank of AmericaBuyUpgraded
    CitigroupNeutralMaintained
    Evercore ISI GroupBuyInitiated
    NeutralDowngraded
    OppenheimerPerformInitiated
    CitigroupNeutralMaintained
    Canaccord GenuityBuyMaintained
    CitigroupNeutralDowngraded
    Stifel NicolausHoldInitiated
    CitigroupBuyMaintained
    Wells FargoOutperformInitiated
    PiperJaffrayOverweightInitiated
    Pacific CrestOutperformInitiated
    Goldman SachsBuyInitiated
    Cowen & Co.OutperformInitiated
    CitigroupBuyInitiated
    Canaccord GenuityBuyInitiated
    Bank of AmericaNeutralInitiated
    WedbushOutperformInitiated
    Janney CapitalBuyInitiated

    Wayfair Inc (W) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.669
    The average consensus EPS for W is $0.669 with a high estimate of $1.806 and Low of $-0.216 for the period 2021-06-30 and based on 31 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.3$0.81368460000000012020-09-30


    The latest average Earning Per Share Estimate for Wayfair Inc is $0.67, which is lower than W's last EPS, $2.30. This means that Analysts are expecting Wayfair Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Wayfair Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $2.3$0.81368460000000012020-09-30
    $3.13$1.059272020-06-30
    $-2.3$-2.65484580000000042020-03-31
    $-2.8$-2.70099062019-12-31
    $-2.23$-2.14468262019-09-30
    $-1.35$-1.3730732019-06-30
    $-1.62$-1.63212242019-03-31
    $-1.12$-1.30569182018-12-31
    $-1.28$-1.11328922018-09-30
    $-0.77$-0.74761919999999992018-06-30
    $-0.91$-0.91848962018-03-31
    $-0.58$-0.5294312017-12-31
    $-0.54$-0.46182542017-09-30
    $-0.26$-0.471127800000000042017-06-30
    $-0.48$-0.56807882017-03-31
    $-0.34$-0.51124442016-12-31
    $-0.54$-0.61020482016-09-30
    $-0.43$-0.41880182016-06-30
    $-0.36$-0.330041400000000042016-03-31
    $-0.07$-0.14282015-12-31
    $-0.13$-0.24387182015-09-30
    $-0.15$-0.29116922015-06-30
    $-0.23$-0.247862015-03-31
    $-0.18$-0.28281542014-12-31
    $-0.29$-0.385896600000000032014-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).