Get started

Wayfair

W | InformativeNYSE:W Analysis of Wayfair Inc. (W) Current Status Price: $52.25 Moving Averages: The stock is trading below its short-term and long-term moving averages, indicating a bearish trend. Bullish Scenario Bullish Trigger Line: $52.29 Target Prices for Bullish Scenario: Target Price 1: $53.07 Target Price 2: $56.60 Ultimate Bullish Target: $60.72 Bearish Scenario Bearish Line: $50.63 Target Prices for Bearish Scenario: Target Price 1: $49.55 Target Price 2: $47.62 Additional Observations Volume: Recent volume spikes suggest strong market interest, potentially indicating a reversal or continuation of the trend. RSI (Relative Strength Index): Currently below 50 but showing signs of potential reversal upwards.
NYSE:W
by shkspr
Wayfair (W) Q1 Loss Narrower Than Expected, Revenues Fall Y/YWayfair ( NYSE:W ) reported a Q1 non-GAAP loss of 32 cents per share, narrower than the Zacks Consensus Estimate for 45 cents per share. The company reported a loss of $1.13 per share in the year-ago quarter. Net revenues of $2.73 billion surpassed the consensus mark by 3.3%, with the top line decreasing 1.6% year over year. LTM net revenues per active customer decreased 2.8% year over year to $537, beating the Zacks Consensus Estimate by 0.45%. However, growth in the active customer base remained positive, with active customers up 2.8% year over year to 22.3 million and beating the consensus mark by 0.26%. Net revenues in the United States decreased 1% year over year to $2.4 billion, beating the Zacks Consensus Estimate by 4.1%. International net revenues declined 5.8% year over year and 7.5% on a constant currency basis to $338 million, missing the consensus mark by 0.7%. Orders per customer for the quarter were 1.84, up from 1.81 reported in the year-ago quarter. The average order value declined 0.7% year over year to $285, beating the consensus mark by 4.99%. Wayfair's first-quarter gross margin was 30%, expanding 40 basis points on a year-over-year basis. Adjusted EBITDA was $75 million, while customer service and merchant fees decreased 15.8% year over year to $117 million. Advertising expenses fell 0.9% year over year to $324 million, while selling, operations, technology, and general and administrative expenses decreased 14.4% year over year to $534 million. Wayfair incurred a GAAP operating loss of $235 million in the reported quarter compared to an operating loss of $347 million in the year-ago quarter.
NYSE:WLong
by DEXWireNews
W | Wayfair on the Move | LONGWayfair, Inc. engages in an online home furnishing store. It operates through the U.S. and International segments. The U.S. segment consists of amounts earned through product sales through the company's five distinct sites in the U.S. and through websites operated by third parties in the U.S. The International segment is composed of earnings through product sales in international sites. The company was founded by Steven K. Conine and Niraj S. Shah in May 2002 and is headquartered in Boston, MA.
NYSE:WLong
by DivergenceSeeker
W Short Trade Symmetrical Triangle Breakdown Wayfair is an e-commerce platform for furniture and home goods sold online. It has had gradually decreasing volatility on the daily chart in a symmetrical triangle, W is halfway between the past earnings in early February and the upcoming in May. Price is currently also compressing inside the triangle and halfway between the mean VWAP and the first upper VWAP as the chart shows. The analysis of a short trade is also supported by the AI algo of Luxalgo using Gaussian Regression line analysis to forecast the downtrend. Targets are 47.25 which is the intersection of the forecasted trend down and the support trendline of the triangle as well as 38.65 which is the intersection of that same trendline and the pivot low of October 2023. The stop loss is 63.9 at the immediate pivot high. The trade is projected to be a 25% trade is equal partial profits are taken at both targets or 28% if the first target is a 1/3 partial closure.
NYSE:WLong
by AwesomeAvani
$W ELLIOT WAVE ANALYSIS This analysis reflects my perspective on NYSE:W through the lens of Elliott Wave theory. I acknowledge the potential for error and welcome any feedback or alternative viewpoints. Based on my analysis, it appears that NYSE:W has completed its corrective phase and is now poised for a robust bullish trajectory, forming a leading diagonal pattern. Both wave 4 and its sub wave B seem to have concluded, leaving only sub wave C and wave 5 remaining for completion. I anticipate wave 5 reaching approximately the 0.764 extension before undergoing a corrective phase in line with wave 3.
NYSE:WLong
by thekidtrader11
1
Wayfair's Strategic Shake-Up: Navigating Challenges & Prospects In a surprising move, online home furnishings giant Wayfair (NYSE: NYSE:W ) has announced a significant restructuring, involving the elimination of 1,650 jobs, constituting 13% of its global workforce. The company's CEO, Niraj Shah, attributed the decision to an acknowledgment that Wayfair had "gone overboard" in hiring during a robust economic period, leading to a deviation from its core principles. This strategic realignment aims to create a lean organizational model, laying the foundation for sustained growth and profitability. We will explore the reasons behind Wayfair's bold move, the potential impact on its financial health, and the implications for investors. Understanding the Strategic Pivot: Wayfair's decision to cut jobs comes amid a broader effort to revamp the business and return to its core principles. The CEO's admission of hiring excesses during a period of economic prosperity reflects a commitment to recalibrating the company's organizational structure to ensure long-term sustainability. The move is not merely a cost-cutting measure; rather, it signals a strategic pivot aimed at optimizing operations, improving efficiency, and fostering a healthy growth trajectory. Financial Implications: While the restructuring is expected to result in as much as $80 million in expenses, primarily related to employee severance and benefit payouts, Wayfair ( NYSE:W ) anticipates annualized cost savings of over $280 million. The company's leadership envisions these savings contributing to "substantial growth" in adjusted earnings before interest, tax, depreciation, and amortization in 2024. Investors should closely monitoring the execution of this strategy and its impact on the company's financial performance throughout the year. Market Reaction and Investor Sentiment: Wayfair's ( NYSE:W ) shares experienced a surge in premarket trading following the announcement, reflecting investor optimism about the company's commitment to optimizing its operations. The stock is currently trading in the middle of its 52-week range and above its 200-day simple moving average, signaling continued upward momentum. Investors appear to be cautiously evaluating the share price, recognizing the potential for future value amid the ongoing strategic transformation. Analyst Perspectives: Financial analysts are closely scrutinizing Wayfair's strategic moves, weighing the short-term expenses against the anticipated long-term benefits. The consensus among analysts suggests that the company's commitment to creating a "clean organizational model" aligns with the broader trend of companies prioritizing efficiency and adaptability. As Wayfair ( NYSE:W ) aims to position itself for sustained growth, analysts are likely to assess the effectiveness of the restructuring in achieving the stated objectives. Conclusion: Wayfair's decision to trim its workforce and refocus on core principles marks a pivotal moment for the e-commerce giant. As the company navigates the challenges posed by its previous hiring practices, investors will be watching closely for signs of successful execution and the realization of promised cost savings. The strategic shake-up reflects Wayfair's determination to evolve with the dynamic market landscape and underscores its commitment to building a foundation for future growth. As the story unfolds, investors and industry observers alike will be eager to witness how Wayfair transforms this challenging period into a catalyst for sustained success.
NYSE:WLong
by DEXWireNews
W | InformativeNYSE:W Wayfair Inc. (NYSE: W) Trend and Moving Averages: The stock price seems to be trading below its moving averages, indicating a prevailing bearish sentiment. However, there's a recent upward movement, suggesting a potential bullish reversal. Support and Resistance: Bullish Line: Around $45.52, which seems to be a short-term support line the stock is currently trying to maintain. Bearish Line: At $44.13, acting as the next support below. Target Price 1: The bearish target is set at $43.36. Target Price 2: The bullish target is marked at $46.70. Volume: There are some significant volume spikes, which can be considered bullish if they coincide with the upward price movements. RSI (Relative Strength Index): The RSI line seems to be on the rise, hovering around the mid-line (50). This suggests a balance between buying and selling pressure, with a slight tilt towards a bullish momentum. MACD (Moving Average Convergence Divergence): The MACD line has recently crossed above the signal line, which is a bullish signal. The positive divergence indicates increasing bullish momentum. Observation: The stock seems to be showing signs of a potential bullish reversal, as indicated by the recent upward trend and the bullish signals from the MACD. If the stock can maintain its position above the bullish line at $45.52 and witness increased buying volume, it may attempt to reach the target price of $46.70. Conversely, if it breaks below the bullish line, the next support at the bearish line ($44.13) will be crucial to watch.
NYSE:W
by shkspr
Wayfair (W) New Stage 2 Breakout BuyWayfair is the kind of stock you can make a lot of money on by catching the early move. It has household name recognition, trends well, follows the traditional growth stock stages, and is both large enough to attract institutional investors while still being small enough to deliver triple-digit gains. In 2020, for example, shares surged 1,500% in just over five months. A quick look at a longer-term chart and you will see what I mean. The stage analysis above highlights the 4 stages of the stock cycle. This is based on the work of Richard Wyckoff and Stan Weinstein - both legends of the industry. A stock entering a new Stage 2 uptrend is at the ideal buy point. When timed correctly, these can lead to extraordinary gains with limited downside risk. The line in the sand for W is at $75 per share. This is the pivot point, the breakout trigger, key resistance... whatever you want to call it. In the weekly chart below you can see the significance of this level. It served as short-term support on the way down and then became resistance which has held the stock back for over a year. In my opinion, the move above this level last month was a failed breakout in a weak market. This is not a reason to pass on the second attempt. W has consolidated nicely on a series of shallowing retracements and its 10, 21, and 50-day moving averages merging to offer support at today's price. One other catalyst... Overstock.com (which Wayfair also owns) plans to re-brand to something even more recognizable - Bed, Bath & Beyond. It bought the name, domain, and loyalty program assets on the cheap when the company went into bankruptcy a few months ago. This re-brand could be the fresh start the company needs to jumpstart sales growth and trigger a new Stage 2 uptrend in the stock. A move above $75 would confirm the move, and that is where I will look to buy.
NYSE:WLong
by rossgivens
3
Wayfair (NYSE: $W) Bullish Divergence By 0.786 Fib! 🙌Wayfair Inc. engages in the e-commerce business in the United States and internationally. The company provides approximately thirty-three million products for the home sector under various brands. It offers online selections of furniture, décor, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands. The company was founded in 2002 and is headquartered in Boston, Massachusetts.
NYSE:WLong
by Bullishcharts
1
WayFair (NYSE: $W) Starting To Look Tempting! 🛋️Wayfair Inc. engages in the e-commerce business in the United States and internationally. The company provides approximately thirty-three million products for the home sector under various brands. It offers online selections of furniture, décor, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands. The company was founded in 2002 and is headquartered in Boston, Massachusetts.
NYSE:WLong
by RedHotStocks
Trading Idea - #Wayfair#Wayfair : BUY LIMIT Entry: 171.54 USD Target: 293.50 USD (profit 70%) Stop: 125.00 USD Number 1 most shorted stock with an attractive price chart is e-commerce home goods company Wayfair. Wayfair shares have a short interest of around 22.5%. Surprisingly, Wayfair shares have lost 50% of their valuation after hitting an all-time high in January. From a technical perspective, we are in a correction that has been going on for a full year and we are coming into a key support area at around $150-$200. Supported by the Covid-related 50% and 62% Fibonacci levels, the previous all-time high and the broken uptrend line in April 2020, there are enough reasons to be positive on the price chart. I would buy the share if a bottom is confirmed in the daily chart.
NYSE:WLong
by Traderherz-Analytics