Oppenheimer analyst Brian Nagel maintained a Buy rating on Wayfair (NYSE:W) Inc on Wednesday, setting a price target of $395, which is approximately 23.01% above the present share price of $321.1.
Nagel expects Wayfair Inc to post earnings per share (EPS) of $0.18 for the second quarter of 2021.
The current consensus among 22 TipRanks analysts is for a Moderate Buy rating of shares in Wayfair, with an average price target of $357.
The analysts price targets range from a high of $450 to a low of $250.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.48 billion and a net profit of $38.55 million. The company's market cap is $33.96 billion.
According to TipRanks.com, Oppenheimer analyst Brian Nagel is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 36.2% and a 77.26% success rate.
Wayfair Inc. is an e-commerce company which engages in selling furniture and home decor goods worldwide. The company sells its products through wayfair.com and four other branded websites, namely – AllModern, Joss & Main, Birch Lane and Perigold.