<div id="readability-page-1"><p><span>Wayfair (NYSE:W - Get Free Report)</span> had its price objective cut by investment analysts at Citigroup  from $110.00 to $95.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a &#34;buy&#34; rating on the stock. Citigroup's price target indicates a potential upside of 67.98% from the stock's previous close.</p><ul><li>3 Sectors That Look Most Vulnerable Ahead of May 15</li></ul><p>Several other equities analysts have also recently issued reports on the stock. Wedbush reduced their price target on shares of Wayfair from $100.00 to $85.00 and set a &#34;neutral&#34; rating on the stock in a research report on Friday, February 20th. Piper Sandler  reiterated an &#34;overweight&#34; rating and set a $125.00 price target on shares of Wayfair in a research report on Friday, February 20th. Morgan Stanley  set a $110.00 price target on shares of Wayfair in a research report on Friday, May 1st. Mizuho reduced their price target on shares of Wayfair from $110.00 to $90.00 and set an &#34;outperform&#34; rating on the stock in a research report on Friday, May 8th. Finally, Robert W. Baird  set a $76.00 price target on shares of Wayfair in a research report on Monday, May 4th. One analyst  has rated the stock with a Strong Buy rating, eighteen have assigned  a Buy rating, ten have given a Hold rating and one  has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $99.89.</p><p><b>View Our Latest Stock Analysis on Wayfair</b></p><h2>Wayfair Stock Performance</h2><ul><li>Ally Financial Is Back to Basics—And Investors Are Watching</li></ul><p>Shares of NYSE W traded down $2.71 during midday trading on Tuesday, hitting $56.56. 1,334,356 shares of the company traded hands, compared to its average volume of 3,744,732. Wayfair has a 12-month low of $34.46 and a 12-month high of $119.98. The stock has a 50-day moving average price of $72.56 and a 200 day moving average price of $90.01. The firm has a market cap of $7.47 billion, a P/E ratio of -24.11, a P/E/G ratio of 3.32 and a beta of 3.02. </p><p>Wayfair (NYSE:W - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. Wayfair had a negative net margin of 2.41% and a negative return on equity of 2.20%. The company had revenue of $2.93 billion for the quarter, compared to analysts' expectations of $2.89 billion. During the same quarter in the previous year, the company earned $0.10 earnings per share. Wayfair's quarterly revenue was up 7.4% on a year-over-year basis.  As a group, equities analysts expect that  Wayfair will post 0.58 earnings per share for the current year. </p><h2>Insider Buying and Selling</h2><ul><li>Navitas Breaks Out on India Deal, Validating High-Power AI Pivot</li></ul><p>In related news, CEO Niraj Shah sold 6,137 shares of the business's stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $78.62, for a total transaction of $482,490.94. Following the sale, the chief executive officer owned 429,137 shares of the company's stock, valued at $33,738,750.94. The trade was a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven Conine sold 7,139 shares of the business's stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $78.55, for a total transaction of $560,768.45. Following the sale, the director directly owned 429,073 shares in the company, valued at $33,703,684.15. The trade was a 1.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 703,785 shares of company stock valued at $54,004,173 over the last quarter. Corporate insiders own  18.44% of the company's stock. </p><h2>Institutional Investors Weigh In On Wayfair</h2><p>Several hedge funds have recently bought and sold shares of the business. Capital World Investors lifted its stake in shares of  Wayfair by 0.6% in the fourth quarter. Capital World Investors now owns 13,457,158 shares of the company's stock worth $1,351,237,000 after buying an additional 82,584 shares in the last quarter.  Vanguard Group Inc. lifted its stake in shares of  Wayfair by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 9,634,757 shares of the company's stock worth $967,426,000 after buying an additional 72,707 shares in the last quarter.  Renaissance Technologies LLC lifted its stake in shares of  Wayfair by 3.5% in the fourth quarter. Renaissance Technologies LLC now owns 5,407,325 shares of the company's stock worth $542,950,000 after buying an additional 180,558 shares in the last quarter.  Janus Henderson Group PLC lifted its stake in shares of  Wayfair by 8.3% in the first quarter. Janus Henderson Group PLC now owns 3,866,708 shares of the company's stock worth $290,813,000 after buying an additional 296,233 shares in the last quarter.  Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of  Wayfair by 0.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,825,654 shares of the company's stock worth $283,724,000 after buying an additional 8,598 shares in the last quarter. Institutional investors own  89.67% of the company's stock. </p><h2>Wayfair Company Profile</h2> (Get Free Report)<p>Wayfair Inc <span>NYSE: W<span></span></span> is an e-commerce company focused on home furnishings and décor. Through its platform, Wayfair offers a broad assortment of furniture, lighting, home textiles, kitchenware and decorative accessories. The company's portfolio includes flagship sites such as Wayfair.com, as well as specialty retail brands like Joss &amp; Main, AllModern, Birch Lane and Perigold, each catering to distinct design styles and price points.  </p><p>Founded in 2002 by Niraj Shah and Steve Conine under the name CSN Stores, the business rebranded as Wayfair in 2011 and went public in 2014.</p><h2>Read More</h2><ul><li>Five stocks we like better than Wayfair</li><li>Nebius Group Pulls Back 9% After a Downgrade Despite Strong Earnings</li><li>Rewiring AI: NextEra Energy Sparks a Mega Merger</li><li>Flipping the Switch: Is Ford the Next Big Energy Stock?</li><li>Does Nano Nuclear Energy’s New Deal Amp the Outlook?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVc?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVc"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Wayfair Right Now?</h2><p>Before you consider Wayfair, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wayfair wasn't on the list.</p><p>While Wayfair currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Citigroup has lowered its price target for Wayfair (NYSE:W) from $110.00 to $95.00 while maintaining a 'buy' rating. This new target suggests a potential upside of 67.98% from the stock's previous close. Other analysts have also adjusted their targets, with varying ratings. Wayfair's stock is currently trading at $56.56, with a market cap of $7.47 billion and a P/E ratio of -24.11.</p>

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Wayfair

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Mizuho Financial

Ally Financial

Navitas Semiconductor

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Citigroup Lowers Wayfair (NYSE:W) Price Target to $95.00