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

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

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

3 weeks from now

14 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 …

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 …

investing.com

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Warby Parker's (WRBY) "Sell" Rating Reaffirmed At Citigroup

3 weeks from now

16 hours ago · Citigroup reiterated a "sell" rating and issued a $23.00 price target (up previously from $19.00) on shares of Warby Parker in a report on Wednesday. ... Warby Parker Stock …

marketbeat.com

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Warby Parker Downgraded To Sell From Neutral At Citi

3 weeks from now

19 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 Downgrades Warby Parker Due To Weak Sales Guidance

3 weeks from now

Mar 1, 2023 · Lejuez cut his price target to $13 from a prior $26 alongside the downgrade. Shares of Warby Parker plunged 6.23% on Wednesday. Read the company’s earnings call transcript .

seekingalpha.com

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Citi Downgrades Warby Parker Inc. (WRBY) To Sell

3 weeks from now

19 hours ago · Citi analyst Paul Lejuez downgraded Warby Parker Inc. (NYSE: WRBY) from Neutral to Sell with a price target of $23.00 (from $19.00).The analyst comments "We are...

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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

$23
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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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Warby Parker Stock: A Deep Dive Into Analyst Perspectives (9 …

3 weeks from now

Dec 10, 2024 · Net Margin: Warby Parker's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -2.12%, the …

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

3 weeks from now

Oct 29, 2024 · On Tuesday, Citi maintained its Neutral stance on Warby Parker Inc. (NYSE:WRBY), keeping its price target steady at $15.00. The firm anticipates that the …

investing.com

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Warby Parker (NYSE:WRBY) Stock, Analyst Ratings, Price

3 weeks from now

Warby Parker Inc has a consensus price target of $21.14 based on the ratings of 15 analysts. The high is $28 issued by JMP Securities on December 16, 2024 . The low is $14 issued by …

benzinga.com

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Down 80%, Should Investors Buy The Dip Or Avoid Warby Parker …

3 weeks from now

Jul 30, 2022 · One intriguing company is Warby Parker (WRBY-0.95%), a disruptive glasses/eyewear company whose shares are down 7% this year. Let's see whether Warby …

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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. ...

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. ...

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. ...

What is Warby Parker's stock worth?

Warby Parker's stock, WRBY, ended the day up 0.8% at 54.49, giving the company a valuation of approximately $6.7 billion. This surpasses a reference valuation of $5 billion and is more than the $3 billion valuation from its last round of private funding. Warby Parker opted for a direct listing instead of a traditional initial public offering. ...

Should you buy Warby Parker (WP) right now?

Even though the stock is trading at a reasonable price and the long-term opportunity looks promising, it is best to avoid Warby Parker right now due to management's unfriendly decisions toward outside shareholders. Brett Schafer has no position in any of the stocks mentioned. ...

Is Warby Parker (WP) stock unprofitable?

Warby Parker in unprofitable and its valuation metrics have D-level rating based on Seeking Alpha's valuation metrics comparing the company to the sector median. We also believe that the company's valuation is elevated and not reflective of market conditions and the risks of further economic deterioration. ...