The price of W is predicted to go up -2.19%, based on the high correlation periods with D. The similarity of these two price pattern on the periods is 91.41%.
W
D
Different brands in the Wayfair portfolio cater across income and age demographics, offering some resilience in cases of economic cyclicality and uncertainty.
Over the last five years, the company has expanded into untapped markets such as Canada, the United Kingdom, Germany, and Ireland. Additionally, international opportunities could provide location and revenue growth and improved brand awareness.
B2B represents around 10% of sales and targets a $200 billion total addressable market in the U.S. and Europe. This opportunity could grow materially faster than we anticipate.
RBC Capital
2024-11-04
Price Target
$53 → $50
Upside
+19.25%
Wedbush
2024-11-04
Price Target
$50 → $45
Upside
+7.32%
BMO Capital
2024-11-04
Price Target
$58 → $50
Upside
+19.25%