Citi analyst Ygal Arounian has maintained their neutral stance on W stock, giving a Hold rating today.
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Ygal Arounian has given his Hold rating due to a combination of factors influencing Wayfair’s current market position. The company’s recent quarterly results showed better-than-expected revenue growth, despite challenges such as the exit from the German market and macroeconomic uncertainties. However, the profitability results were mixed, with some positive impacts from one-time benefits like the CBSA refunds, but also pressures from factors like CastleGate costs.
Despite the strong demand and competitive advantages reiterated by management, Arounian remains cautious about the potential headwinds in the latter half of 2025. The uncertainty surrounding tariffs and possible consumer pressure could impact Wayfair’s performance, leading to a cautious outlook. Consequently, the decision to maintain a Hold rating reflects the balance between current strengths and future uncertainties, with a slight increase in the target price to $32 based on higher estimates.
Arounian covers the Technology sector, focusing on stocks such as Trade Desk, Verisign, and Wix. According to TipRanks, Arounian has an average return of 7.1% and a 46.18% success rate on recommended stocks.
In another report released today, Barclays also maintained a Hold rating on the stock with a $51.00 price target.