Zacks Research Analysts Cut Earnings Estimates for Wayfair

Wayfair Inc. (NYSE:W) – Zacks Research lowered their Q1 2026 EPS estimates for shares of Wayfair in a research note issued on Monday, April 20th. Zacks Research analyst Team now expects that the company will earn ($0.41) per share for the quarter, down from their prior estimate of ($0.40). The consensus estimate for Wayfair’s current full-year earnings is $0.40 per share. Zacks Research also issued estimates for Wayfair’s FY2026 earnings at $0.08 EPS and Q1 2028 earnings at $0.24 EPS.

A number of other research firms also recently commented on W. Wall Street Zen downgraded shares of Wayfair from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Wayfair in a report on Friday, February 20th. Wedbush cut their price target on shares of Wayfair from $100.00 to $85.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Wayfair in a report on Monday. Finally, Jefferies Financial Group restated a “hold” rating on shares of Wayfair in a report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $104.62.

Wayfair Trading Down 0.9%

W stock opened at $80.33 on Wednesday. The company has a market cap of $10.50 billion, a price-to-earnings ratio of -33.06, a PEG ratio of 6.76 and a beta of 3.30. Wayfair has a 12 month low of $25.93 and a 12 month high of $119.98. The firm has a 50-day moving average of $76.80 and a two-hundred day moving average of $91.87.

Wayfair (NYSE:W) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.21. The company had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.30 billion. Wayfair had a negative net margin of 2.51% and a negative return on equity of 1.52%. Wayfair’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.25) EPS.

Hedge Funds Weigh In On Wayfair

A number of hedge funds have recently made changes to their positions in the stock. Capital World Investors boosted its position in shares of Wayfair by 0.6% during the 4th quarter. Capital World Investors now owns 13,457,158 shares of the company’s stock worth $1,351,237,000 after purchasing an additional 82,584 shares during the period. Vanguard Group Inc. boosted its position in Wayfair by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 9,634,757 shares of the company’s stock valued at $967,426,000 after buying an additional 72,707 shares during the period. Renaissance Technologies LLC boosted its position in Wayfair by 3.5% in the 4th quarter. Renaissance Technologies LLC now owns 5,407,325 shares of the company’s stock valued at $542,950,000 after buying an additional 180,558 shares during the period. Janus Henderson Group PLC boosted its position in Wayfair by 4.9% in the 4th quarter. Janus Henderson Group PLC now owns 3,570,475 shares of the company’s stock valued at $358,514,000 after buying an additional 166,855 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in Wayfair by 0.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,825,654 shares of the company’s stock valued at $283,724,000 after buying an additional 8,598 shares during the period. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Insider Buying and Selling

In related news, insider Steven Conine sold 150,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $108.87, for a total transaction of $16,330,500.00. Following the completion of the transaction, the insider owned 289,073 shares of the company’s stock, valued at approximately $31,471,377.51. This trade represents a 34.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jon Blotner sold 4,790 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $72.19, for a total transaction of $345,790.10. Following the transaction, the insider directly owned 111,158 shares of the company’s stock, valued at $8,024,496.02. The trade was a 4.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 763,785 shares of company stock valued at $68,051,942. Company insiders own 18.44% of the company’s stock.

Key Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair is running Way Day and multiple promotional sales across furniture, patio and grills — media coverage highlights steep discounts that can drive traffic and short‑term revenue. Way Day 2026 is almost here Garden shed deal Forbes patio furniture sales
• Positive Sentiment: Additional retail coverage highlights category‑specific discounts (Weber grills, storage, patio sets) that may lift conversion and AOV during the promotional window. Weber grill sale Save up to 80%
• Neutral Sentiment: Zacks published a longer piece arguing Wayfair has an earnings‑surprise history and could beat again — this offsets some concern but is speculative ahead of the next report. Will Wayfair beat estimates again?
• Negative Sentiment: Zacks Research trimmed multiple EPS forecasts this week: Q2 2026 cut to $0.19 from $0.21; Q3 2026 to $0.10 from $0.11; Q2 2027 to $0.42 from $0.43; FY2027 to $0.96 from $0.98; FY2028 to $1.60 from $1.62. Those downward revisions put pressure on sentiment and likely explain intraday weakness.

About Wayfair

Wayfair Inc (NYSE: W) 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 & Main, AllModern, Birch Lane and Perigold, each catering to distinct design styles and price points.

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.