Warby Parker (NYSE:WRBY) Shares Climb 6.2% – What’s Next?

Posted by Brian Himes on Oct 21st, 2026

Warby Parker Inc. (NYSE:WRBY – Get Free Report) shot up 6.2% during mid-day trading on Monday. The stock traded as high as $24.18 and last traded at $24.7810. 128,865 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 3,067,928 shares. The stock had previously closed at $23.34.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on WRBY shares. Citizens Jmp cut their price target on shares of Warby Parker from $30.00 to $29.00 and set a “market outperform” rating on the stock in a report on Friday, August 7th. Roth Capital restated a “neutral” rating and issued a $28.00 price objective on shares of Warby Parker in a report on Wednesday, August 5th. Citigroup restated a “market outperform” rating on shares of Warby Parker in a report on Thursday, September 17th. BTIG Research reaffirmed a “buy” rating on shares of Warby Parker in a research report on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft set a $29.00 target price on Warby Parker in a research note on Thursday, September 17th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $30.00.

Check Out Our Latest Stock Analysis on Warby Parker

Warby Parker Stock Performance

The stock has a 50-day simple moving average of $25.30 and a two-hundred day simple moving average of $25.48. The firm has a market cap of $2.77 billion, a PE ratio of 365.96, a price-to-earnings-growth ratio of 6.77 and a beta of 1.89.

Warby Parker (NYSE:WRBY – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06). Warby Parker had a net margin of 0.85% and a return on equity of 3.36%. The company had revenue of $235.51 million for the quarter, compared to analysts’ expectations of $237.98 million. During the same period in the previous year, the business earned ($0.01) EPS. The business’s revenue was up 9.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Warby Parker Inc. will post 0.14 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Neil Blumenthal sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $27.69, for a total value of $2,769,000.00. Following the sale, the chief executive officer owned 36,020 shares in the company, valued at approximately $997,393.80. This trade represents a 73.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Warby Parker

Large investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its position in Warby Parker by 10.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,722,577 shares of the company’s stock worth $36,291,000 after purchasing an additional 166,235 shares during the last quarter. Ranger Investment Management L.P. bought a new stake in shares of Warby Parker during the 2nd quarter valued at about $30,949,000. Bank of America Corp DE grew its stake in shares of Warby Parker by 30.9% during the 1st quarter. Bank of America Corp DE now owns 1,377,646 shares of the company’s stock valued at $29,027,000 after purchasing an additional 325,250 shares during the period. Atreides Management LP increased its position in shares of Warby Parker by 74.8% during the 1st quarter. Atreides Management LP now owns 686,995 shares of the company’s stock valued at $14,475,000 after purchasing an additional 293,910 shares during the last quarter. Finally, Swiss National Bank increased its position in shares of Warby Parker by 1.5% during the 1st quarter. Swiss National Bank now owns 179,100 shares of the company’s stock valued at $3,774,000 after purchasing an additional 2,700 shares during the last quarter. Institutional investors own 93.24% of the company’s stock.

Warby Parker Company Profile

(Get Free Report)

Warby Parker Inc is an optical retailer that designs, manufactures and sells prescription eyeglasses, sunglasses, contact lenses and related accessories. The company offers its products through its website, mobile applications and a growing network of retail stores, combining online shopping with in-person services such as frame fitting and eye examinations.

Founded in 2010 by Neil Blumenthal, Dave Gilboa, Andrew Hunt and Jeffrey Raider, Warby Parker was established as a direct-to-consumer eyewear company.