The Latest Breaking News from Wayfair Inc

Shares of Wayfair Inc. (NYSE:W) consolidated on Tuesday after the stock soared by more than 12.5% on Monday, following a strong earnings report. The company reported 11 cents for Q2 versus the prior year's loss of 34 cents.

The specialty retail industry is thriving as the economy improves. However, analysts are increasingly concerned about the sustainability of consumer spending next year. Considering this, should you buy or sell specialty retailer stocks Barnes & Noble (BNED), GameStop (GME), and Wayfair (W) this Christmas season? Read on….

Wayfair Inc (NYSE:W) reported a first-quarter FY22 sales decline of 13.9% year-on-year to $2.993 billion, marginally missing the consensus of $3.00 billion. International net revenue fell 31.4% to $0.5 billion, while the U.S. revenue declined 9.9% to $2.5 billion. The number of active customers reached 25.4 million as of March 31, 2022, a…

The stock market has suffered massive selloffs of late on growing worries about logistical disruptions, rising energy prices, galloping inflation, and forthcoming federal interest rate hikes. While stock price dips can offer attractive entry points to quality names, we think it could be wise to avoid fundamentally weak Grab Holdings…

Wayfair Inc (NYSE: W) shares are trading lower Monday alongside several other companies in the broader consumer discretionary sector amid overall market weakness as a rise in bond yields weighs on stocks.

Wayfair Inc Class A's (NYSE:W) short percent of float has risen 4.82% since its last report. The company recently reported that it has 16.28 million shares sold short, which is 22.41% of all regular shares that are available for trading.

Wayfair Inc (NYSE: W) shares are trading lower Thursday after Wells Fargo analyst Zachary Fadem downgraded the stock from an Equal-Weight rating to an Underweight rating and lowered the price target from $110 to $100.

Wayfair (W) has benefited handsomely from the COVID-19 pandemic because while forced to stay at home for an extended period, individuals concentrated on home remodeling and beautification. However, surging inflation and the resumption of outdoor activities could impact the company's growth. So, let's evaluate if it is worth betting on…

Needham analyst Anna Andreeva lowered the price target on Wayfair Inc (NYSE:W) to $150 from $180 and maintained a Buy rating on the shares, implying a 37% upside. The analyst noted that the company's near-term trends remain under pressure amidst a volatile macro backdrop. Andreeva specified that Wayfair has a 2.4% penetration in its largest market,…