
Warby Parker (WRBY) Stock Forecast & Price Target
Warby Parker (WRBY) Analyst Ratings
Bulls say
Warby Parker Inc. has demonstrated a positive financial trajectory, with revenue growth of approximately 7% year-over-year in Q3 and 5% year-over-year in Q2, reflecting successful ticket price increases implemented earlier in the year. The company has achieved consistent customer growth for eight consecutive quarters, with active customers rising by 9% and average revenue per customer reaching $316, indicating enhanced customer engagement and spending. Additionally, credit card sales data shows an impressive acceleration in Q3, rising over 18% year-over-year, as Warby Parker continues to capture a larger share of the optical market.
Bears say
Warby Parker Inc. is facing a negative outlook primarily due to weaker-than-expected gross margins, projected to decline to 53.5%, which is lower than market consensus. The company is also grappling with significant risks, including potential macroeconomic deterioration, increased competition from larger brands, and challenges related to new store openings, all of which may contribute to margin compression and cash usage. Additionally, despite a brief recovery in sales momentum, the overall financial landscape remains concerning, with a long-term view hinting at persistent challenges within the eyewear retail segment.
This aggregate rating is based on analysts' research of Warby Parker and is not a guaranteed prediction by Public.com or investment advice.
Warby Parker (WRBY) Analyst Forecast & Price Prediction
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