SunTrust Robinson analyst Naved Khan maintained a Hold rating on Wayfair (NYSE:W) Inc on Thursday, setting a price target of $208, which is approximately 8.37% below the present share price of $227.
Khan expects Wayfair Inc to post earnings per share (EPS) of -$3.04 for the third quarter of 2020.
The current consensus among 26 TipRanks analysts is for a Hold rating of shares in Wayfair, with an average price target of $190.19.
The analysts price targets range from a high of $275 to a low of $100.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.33 billion and a net profit of -$262.07 million. The company's market cap is $22.89 billion.
According to TipRanks.com, SunTrust Robinson analyst Naved Khan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.5% and a 66.67% success rate.
Wayfair, Inc. engages in an online home furnishing store. It offers a selection of home furnishings and decor across all styles and price points. 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 products 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.