{
}
UBS analyst Mark Carden raised Warby Parker's price target to $23 while maintaining a Neutral rating, citing a 90% stock return over the past year and significant eCommerce growth. Despite challenges in the macroeconomic environment and potential tariff impacts, the company is expanding its customer base and retail presence, including a partnership with Target. Warby Parker reported fourth-quarter 2024 revenue of $190.6 million, exceeding forecasts, although it missed EPS expectations, prompting JMP Securities to increase its target to $30.
Warby Parker Inc. has a market capitalization of $2.41 billion and a "Moderate Buy" rating from analysts, despite not being among the top recommended stocks. The company, which offers a range of eyewear products, saw significant insider selling recently, with CFO Steven Clive Miller and CEO Neil Harris Blumenthal reducing their stakes. Institutional investors hold 93.24% of the stock, and the average target price is set at $18.82.
During a meeting at the APEC Summit in Lima, Xi Jinping urged President Biden to maintain stable U.S.-China relations, emphasizing the importance of cooperation amid concerns over the incoming Trump administration's protectionist policies. Biden highlighted the significance of candid dialogue to prevent miscalculations and conflict, while also pressing Xi to influence North Korea's actions amid rising tensions. The leaders discussed various issues, including China's support for Russia and cybersecurity threats, as they navigated a complex geopolitical landscape.
Warby Parker Inc. is a lifestyle brand that merges design, technology, health, and social engagement, offering a wide range of eyewear products and optical services directly to consumers through retail stores and e-commerce. Customers can customize prescription lenses and utilize proprietary technologies like Virtual Vision Test and Virtual Try-On for an enhanced shopping experience. The company also provides its own contact lens brand, Scout by Warby Parker, alongside third-party options, ensuring a comprehensive vision care solution.
Warby Parker Inc. is a lifestyle brand that merges design, technology, health, and social engagement, offering a wide range of eyewear products and optical services directly to consumers through retail stores and e-commerce. Customers can customize prescription lenses and utilize proprietary technologies like Virtual Vision Test and Virtual Try-On for an enhanced shopping experience. The company also provides its own contact lens brand, Scout by Warby Parker, alongside third-party options, ensuring a comprehensive vision care solution.
Warby Parker Inc.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
warby parker price target raised amid strong growth and market challenges
17:45 28.02.2025
Warby Parker Stock Sees Increased Institutional Investment Amid Analyst Upgrades
09:45 05.12.2024
biden and xi discuss stable us china relations amid transition to trump
Chinese Yuan
Japanese Yen
Russian Ruble
United States Dollar
South Korean Won
Warby Parker Inc.
Steven Madden, Ltd.
NIKE, Inc.
RUS
PRK
USA
CHN
JPN
Kamala Harris
Joe Biden
Donald Trump
Xi Jinping
Jake Sullivan
Show more
00:43 17.11.2024
warby parker enhances vision care with innovative eyewear and technology solutions
18:02 08.11.2024
warby parker enhances vision care with innovative eyewear and technology solutions
18:02 08.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Global Trade Developments
Global Financial Events
Retail and Consumer Goods
Banking Regulations
Startups & Entrepreneurship
Central Bank Actions
Finance Mergers & Acquisitions
Industry Mergers & Acquisitions
Government Economic Policies
Inflation and Monetary Impact
CEO Changes
Market Analysis and Predictions
Domestic Politics
Government Policies
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
Tesla, Inc.
Apple Inc.
Barclays PLC
JPMorgan Chase & Co.
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Banco Santander, S.A.
SpaceXCoin USD
Morgan Stanley
Berkshire Hathaway Inc.
Bank of America Corporation
UBS Group AG
BNP Paribas SA
NVIDIA Corporation
Lloyds Banking Group plc
Bank Frick AG
Citigroup Inc.
Amazon.com, Inc.
Wells Fargo & Company
Currencies:
United States Dollar
Euro
Japanese Yen
British Pound Sterling
Swiss Franc
Indian Rupee
Chinese Yuan
South Korean Won
Canadian Dollar
Vietnamese Đồng
Australian Dollar
Thai Baht
Indonesian Rupiah
Singapore Dollar
Mexican Peso
New Taiwan Dollar
Hong Kong Dollar
Offshore Chinese Yuan
New Zealand Dollar
Cambodian Riel
People: