Key Insights:
- Wayfair enjoys a 2.2% boost in stock price amid promising trade talks with Vietnam.
- Analysts predict a potential upside of over 107% for Wayfair's shares.
- Wayfair receives an "Outperform" average rating from brokerage firms.
Shares of Wayfair Inc. (W, Financial) saw a notable rise of 2.2%, following productive discussions between President Trump and Vietnam's leader concerning tariffs. As Wayfair has considerable operations in Vietnam, these talks are pivotal. The company's focus remains steadfast on navigating trade developments wisely to continually offer value to its customers. Recently, Wayfair's stock traded at $25.64, recovering from a minor dip earlier in the week.
Wall Street Analysts' Predictions
According to 30 Wall Street analysts' forward-looking assessments, Wayfair Inc (W, Financial) is projected to reach an average price target of $53.88 over the next year. Forecasts extend from a high of $100.00 to a low of $38.00, suggesting a substantial upside potential of 107.19% compared to the current price of $26.01. Investors can explore more in-depth data on the Wayfair Inc (W) Forecast page.
Brokerage Recommendations
The consensus among 36 brokerage firms classifies Wayfair Inc's stock as "Outperform," with an average recommendation score of 2.4. This rating system spans from 1 to 5, wherein 1 represents a "Strong Buy," and 5 signifies a "Sell."
GF Value Estimate
According to GuruFocus estimates, Wayfair Inc (W, Financial) has an anticipated GF Value of $46.25 within a year. This estimation marks an upside of 77.85% from the current trading price of $26.005. The GF Value is a calculated figure reflecting what the stock should logically trade for, drawing from its historical trading multiples, past business growth, and projected future performance. More extensive information is accessible on the Wayfair Inc (W) Summary page.
