Sum Up The Parts: EQAL Could Be Worth $52
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2024
0mins
Should l Buy W?
Source: NASDAQ.COM
- Analyst Target Price Comparison: ETFs' implied analyst target prices compared to current trading prices are analyzed.
- Implied Upside Potential: Analysts see 15.07% upside for the Invesco Russell 1000 Equal Weight ETF (EQAL) based on underlying holdings.
- Notable Holdings: Three holdings with notable upside potential are Ionis Pharmaceuticals Inc (IONS), Wayfair Inc (W), and SoFi Technologies Inc (SOFI).
- Analyst Target Prices: IONS has a 41.05% higher target price, W has 40.17% upside, and SOFI is expected to reach a target price 39.24% above recent prices.
- Investor Considerations: Questions raised about analysts' justifications for targets and the need for further investor research.
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Analyst Views on W
Wall Street analysts forecast W stock price to rise
26 Analyst Rating
18 Buy
8 Hold
0 Sell
Moderate Buy
Current: 82.520
Low
75.00
Averages
118.16
High
150.00
Current: 82.520
Low
75.00
Averages
118.16
High
150.00
About W
Wayfair Inc., through its e-commerce platform, offers a selection of furniture, decor, housewares and home improvement products. The Company’s customers span a range of demographics, with annual household incomes ranging from $25,000 to over $250,000, and also include business professionals, from small startups to global enterprises. Its family of brands includes Wayfair, AllModern, Birch Lane, Joss & Main, Perigold and Wayfair Professional. It also features certain products under its house brands, such as Three Posts and Mercury Row. The Company operates through two segments: U.S. and International. The U.S. segment primarily consists of amounts earned through product sales through Wayfair's family of sites in the U.S. The International segment primarily consists of amounts earned through product sales through the Company’s international sites. It operates as Wayfair.ca in Canada, Wayfair.co.uk in the United Kingdom and Wayfair.ie in Ireland.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Acquisition Strategy: CEO Ryan Cohen indicated that GameStop is eyeing a 'big' acquisition in the public retail sector, leveraging nearly $9 billion in cash reserves to pivot the business and enhance stock value, demonstrating a strong commitment to strategic transformation.
- Investor Confidence: Notable investor Michael Burry recently disclosed a long position in GameStop and suggested several potential acquisition targets, including ADT and Wayfair, which further boosted market optimism, as evidenced by rising sentiment on Stocktwits.
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- Comprehensive E-commerce Experience: Palermo designed her new apartment entirely through Perigold's platform, showcasing her signature European style that blends classic forms with modern lines, reflecting quality and craftsmanship.
- Brand Philosophy Alignment: Perigold offers over 460,000 products from more than 1,000 leading design brands, aligning with Palermo's design ethos that emphasizes intentional design and uncompromising quality.
- Content Promotion Strategy: The collaboration will roll out a series of curated content across social platforms, set to launch on February 2, 2026, further enhancing Perigold's influence in the luxury home market.
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