Wayfair (NYSE:W) Trading Up 8.7% - Here's Why

Market Beat
2026.05.20 18:48
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Wayfair Inc. (NYSE:W) shares rose 8.7% to $62.41, despite a significant drop in trading volume. Analysts have mixed ratings, with one strong buy, eighteen buys, ten holds, and one sell. The stock has a consensus rating of 'Moderate Buy' and a price target of $99.89. The company reported $0.26 EPS, meeting estimates, with revenue of $2.93 billion, up 7.4% year-over-year. Insider trading saw significant sales, and institutional investors have increased their positions in the company.