Warby Parker stock rating cut to sell by Citi on valuation concerns

17 hours ago · Citi expects Warby Parker’s Q4 sales to rise 16.5%, exceeding consensus estimates of 15.6%, the firm flagged concerns over weaker store sales volumes and a decline …

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Warby Parker Stock Rating Cut To Sell By Citi On Valuation Concerns

3 weeks from now

17 hours ago · Citi expects Warby Parker’s Q4 sales to rise 16.5%, exceeding consensus estimates of 15.6%, the firm flagged concerns over weaker store sales volumes and a decline …

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Warby Parker Downgraded To Sell From Neutral At Citi

3 weeks from now

22 hours ago · Citi analyst Paul Lejuez downgraded Warby Parker to Sell from Neutral with a price target of $23, up from $19.The firm expects a strong Q4 report, but says the stock has …

businessinsider.com

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Citi Raises Sales Growth Concerns For Warby Parker, Holds Neutral ...

3 weeks from now

Oct 29, 2024 · The analyst further expects Warby Parker to update its full-year 2024 guidance, potentially increasing its sales forecast to a range of $760-765 million from the current $757 …

investing.com

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Citi Cuts Warby Parker Stock Rating, Raises Price Target To $23 - MSN

3 weeks from now

On Wednesday, Citi analysts downgraded Warby Parker Inc. (NYSE:WRBY) stock from Neutral to Sell, despite raising the company's price target from $19.00 to $23.00. The downgrade comes …

msn.com

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Citi Cuts Warby Parker Stock Rating, Raises Price Target To $23

3 weeks from now

1 day ago · On Wednesday, Citi analysts downgraded Warby Parker Inc. (NYSE: WRBY) stock from Neutral to Sell, despite raising the company's price target from $19.00 to $23.00.The …

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Citi's Insights On Warby Parker's Growth Potential And Challenges

3 weeks from now

Oct 29, 2024 · Citi's Neutral Stance on Warby Parker. Recently, Citi adopted a Neutral viewpoint on Warby Parker Inc. (NYSE: WRBY), holding the price target steady at $15.00. The firm is …

investorshangout.com

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Citi Reiterates Neutral Rating On Warby Parker Inc. (WRBY)

3 weeks from now

Oct 29, 2024 · Citi analyst Paul Lejuez reiterated a Neutral rating and $15.00 price target on Warby Parker Inc. (NYSE: WRBY).The analyst comments "We expect WRBY to report 3Q24 …

streetinsider.com

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Demystifying Warby Parker: Insights From 5 Analyst Reviews

3 weeks from now

Aug 1, 2024 · Raises: Hold: $16.00: $15.00: Mark Carden: UBS: Raises: Neutral: $15.00: $13.00: Kimberly Greenberger: Morgan Stanley: ... Revenue Growth: Warby Parker displayed positive …

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Warby Parker Downgraded To Neutral On Growth Concerns At Citi

3 weeks from now

Citi analyst Paul Lejuez downgraded Warby Parker to Neutral from Buy with a price target of $13, down from $26. The analyst left the Q4 print and 2023 guidance more...

tipranks.com

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Citi Cuts Warby Parker Stock Rating, Raises Price Target To $23

3 weeks from now

1 day ago · On Wednesday, Citi analysts downgraded Warby Parker Inc. (NYSE: WRBY) stock from Neutral to Sell, despite raising the company’s price target from $19.00 to $23.00.The …

investing.com

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Citi Cuts Warby Parker Stock Rating, Raises Price Target To $23

3 weeks from now

1 day ago · On Wednesday, Citi analysts downgraded Warby Parker Inc. (NYSE: WRBY) stock from Neutral to Sell, despite raising the company's price target from $19.00 to $23.00.The …

investing.com

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Assessing Warby Parker: Insights From 6 Financial Analysts

3 weeks from now

Oct 21, 2024 · Revenue Growth: Warby Parker's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 13.32%. …

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FAQs about Warby Parker stock rating cut to sell by Citi on valuation concerns Coupon?

Why did Citi downgrade Warby Parker Inc (WRBY) to'sell'?

Investing.com -- Citi downgraded Warby Parker Inc (NYSE:WRBY) to "Sell" from "Neutral" given valuation concerns despite expectations of a strong fourth-quarter performance. ...

What does Citi expect from Warby Parker in Q4?

Citi expects Warby Parker’s Q4 sales to rise 16.5%, exceeding consensus estimates of 15.6%, the firm flagged concerns over weaker store sales volumes and a decline in customers per store since 2022. The bank raised its 2025 revenue growth forecast to 15% from 12.4%, reflecting stronger customer and sales-per-customer growth. ...

Is Warby Parker (WRBY) overvalued?

Citi analyst Paul Lejuez downgraded Warby Parker (WRBY) to Sell from Neutral with a price target of $23, up from $19. The firm expects a strong Q4 report, but says the stock has risen 50% over the past three months to a level it believes is overvalued. ...

Is Citi eyewear stock overvalued?

The eyewear retailer’s stock has surged 50% in the past three months, pushing its valuation to about 29 times Citi’s estimated 2025 EV/EBITDA, a level the bank sees as overextended. “While we expect a strong 4Q24 with sales beating estimates, the stock has risen 50% over the past 3 months to a level we believe is overvalued,” analyst at Citi said. ...

Why did Citi raise its 2025 revenue forecast?

The bank raised its 2025 revenue growth forecast to 15% from 12.4%, reflecting stronger customer and sales-per-customer growth. Citi also increased its price target to $23 from $19 but warned that risk-reward dynamics remain unfavorable. ...

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