Wayfair (W)

• Market cap: $3.38B
• 1 day: 5.85%
• 5 days: 0.95%
• 1 month: -17.10%
• 3 months: -40.85%
• 6 months: -49.38%
• Year to date: -42.23%
• 1 year: -51.40%
• 5 years: -70.46%
• 10 years: -17.03%
• Sector: Consumer Discretionary
• Industry: Internet Retail

About: Wayfair engages in e-commerce in the United States (88% of 2024 sales), Canada, the United Kingdom, and Ireland. It's also embarked on expansion into the brick-and-mortar landscape, with a handful of stores between the AllModern, Birch Lane, Joss & Main, and Wayfair banners. At the end of 2024, the firm offered more than 30 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.

Employees: 13,500

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

14% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 104

6% more call options, than puts

Call options by funds: $679M | Put options by funds: $638M

4% less funds holding

Funds holding: 344 [Q3] → 330 (-14) [Q4]

4.91% less ownership

Funds ownership: 115.28% [Q3] → 110.37% (-4.91%) [Q4]

12% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 69

23% less capital invested

Capital invested by funds: $6.33B [Q3] → $4.88B (-$1.46B) [Q4]

46% less funds holding in top 10

Funds holding in top 10: 13 [Q3] → 7 (-6) [Q4]

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $28 5% upside
• Avg. target: $49 83% upside
• High target: $68 156% upside

13 analyst ratings

• positive: 7 54%
• neutral: 6 46%
• negative: 0 0%

UBS Michael Lasser 49% 1-year accuracy 19 / 39 met price target	107% upside $55	Buy Maintained	14 Apr 2025
Truist Securities Youssef Squali 25% 1-year accuracy 18 / 71 met price target	35% upside $36	Buy Maintained	10 Apr 2025
Citigroup Ygal Arounian 29% 1-year accuracy 6 / 21 met price target	5% upside $28	Neutral Downgraded	4 Apr 2025
Guggenheim Steven Forbes 38% 1-year accuracy 9 / 24 met price target	125% upside $60	Buy Reiterated	10 Mar 2025
JP Morgan Christopher Horvers 25% 1-year accuracy 7 / 28 met price target	88% upside $50	Overweight Maintained	10 Mar 2025