Warby Parker (WRBY) Stock Overview
Sells eyewear products through its retail and e-commerce platform in the United States and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
WRBY Community Fair Values
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Analyst Price Targets
Warby Parker Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.71 |
| 52 Week High | US$31.00 |
| 52 Week Low | US$14.96 |
| Beta | 1.91 |
| 1 Month Change | -2.41% |
| 3 Month Change | -6.61% |
| 1 Year Change | -7.63% |
| 3 Year Change | 97.36% |
| 5 Year Change | n/a |
| Change since IPO | -54.65% |
Recent News & Updates
Recent updates
Seeking Alpha • Sep 10
Warby Parker: Rich Multiples On Thin Profitability
Summary Warby Parker remains a sell due to overvaluation, weak growth, and excessive optimism around its upcoming smart glasses launch. WRBY trades at 22.5x EV/FY26 adjusted EBITDA, with current fundamentals unable to justify this premium multiple absent a major smart glasses success. Q2 revenue grew 10% y/y but missed expectations; active customer growth slowed to 4.1%, and organic EBITDA margins declined when excluding a one-time tariff refund. Heavy marketing spend and uncertain smart glasses traction make WRBY especially vulnerable in a higher-yield, risk-off market environment. Read the full article on Seeking Alpha
Narrative Update • Jul 23
WRBY: Full Service Shift And Intelligent Eyewear Plans Will Shape Future Trajectory
Analysts have raised Warby Parker’s fair value estimate from $18.00 to $24.00 per share, citing higher expected revenue growth, a lower discount rate, and Street research that highlights potential upside from the company’s push into full service optical retail and its upcoming intelligent eyewear launches. Analyst Commentary Street research on Warby Parker reflects a mix of optimism around the company’s move into full service optical retail and caution around execution on intelligent eyewear and future profitability targets.
Narrative Update • Jul 09
WRBY: Full Service Optical Expansion And AI Eyewear Will Drive Upside
Analysts have lifted their fair value estimate for Warby Parker from $32.00 to $35.00, citing higher expected revenue growth, a modestly lower discount rate, and updated assumptions for profit margins and future P/E multiples. These changes follow recent research that highlights the company’s progress toward a full service optical model and its upcoming intelligent eyewear launch.
Narrative Update • Jun 24
WRBY: Fall AI Eyewear Rollout And Index Addition Will Support Premium Multiple
Analysts have left their Warby Parker fair value estimate effectively unchanged at about $29.92, reflecting only minor tweaks to revenue growth, profit margin, and future P/E assumptions after mixed reactions to the company's intelligent eyewear launch details and timing. Analyst Commentary Street research around Warby Parker's intelligent eyewear launch is split, with some analysts focusing on long term growth potential and others highlighting near term execution risks.Narrative Update • Jun 05
WRBY: Fall AI Eyewear Launch Will Support Higher Long Term Premium Multiple
Warby Parker's analyst fair value estimate has nudged up by about $0.75 as analysts factor in updated assumptions around AI glasses timing, profitability and future P/E, despite recent concerns about limited product details and launch clarity. Analyst Commentary Street research around Warby Parker's AI glasses launch is split, with some analysts focused on long term earnings potential and others more focused on near term execution risks and limited product detail.Narrative Update • Apr 22
WRBY: Future AI Eyewear And Store Expansion Will Support Higher Premium Multiple
Narrative Update Analysts raised Warby Parker price targets by $6 at Citi to $24 and by $4 at TD Cowen to $30, citing updated models after Q4 results and an increased focus on potential AI glasses sales and higher margin categories. Analyst Commentary Recent research updates show analysts reassessing Warby Parker's long term growth path, especially around future AI glasses and higher margin product categories.Narrative Update • Apr 07
WRBY: AI-Driven Product Expansion Will Support Higher Premium Multiple
Narrative Update on Warby Parker The analyst price target framework for Warby Parker now reflects a $6 increase in one firm's target to $24 and a $4 increase in another firm's target to $30. Analysts point to Q4 updates, the planned Warby Parker/Google AI glasses expected in the second half of 2026, unit growth potential toward a 900 store goal, and a greater mix of higher margin categories such as progressives as key drivers behind their revised assumptions.Narrative Update • Mar 24
WRBY: Store Expansion And AI Glasses Roadmap Will Support Higher Premium Multiple
Narrative Update The analyst price target for Warby Parker has moved modestly higher to $29.17. Analysts cite updated models after Q4 results, a clearer long term growth roadmap, and potential contributions from planned AI glasses partnerships with Google as key supports for this shift.Narrative Update • Mar 09
WRBY: Store Expansion Roadmap Will Support Higher Future Premium Multiple
Analysts have lifted their fair value estimate for Warby Parker from $27.25 to about $28.67, citing updated models that reflect the company’s growth roadmap in store expansion, new categories such as A.I. glasses, and higher margin products including progressives. Analyst Commentary Recent research updates point to a more constructive stance on Warby Parker, with bullish analysts lifting fair value and price targets after incorporating the company’s latest roadmap into their models.Narrative Update • Feb 22
WRBY: New Financial Leadership Will Support Premium Multiple And Fair Value
Analysts have kept Warby Parker's fair value estimate steady at $27.25, with small tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E reflecting fine tuning of their models rather than a directional shift in the outlook. What's in the News Adrian Mitchell has been appointed Chief Financial Officer of Warby Parker, effective February 10, 2026, succeeding interim CFO Dave Gilboa, who continues as Co Chief Executive Officer (company filing).Narrative Update • Feb 07
WRBY: Fine Tuned Model Assumptions Will Test Premium Multiple And Fair Value
Analysts have maintained their fair value estimate for Warby Parker at $27.25. The slight adjustments in inputs such as discount rate and future P/E reflect fine tuning of their models rather than a change in their overall conviction.Narrative Update • Jan 24
WRBY: Margin Discipline And 2025 Outlook Will Test Premium Earnings Multiple
Analysts now peg Warby Parker's fair value at about $27.25 per share, a roughly $0.40 upward adjustment that reflects updated assumptions on discount rate and future P/E, even as recent price target cuts highlight concerns around slowing revenue trends and premium valuation risk. Analyst Commentary Recent Street research paints a mixed picture, with all three firms trimming their price targets but differing on how they view Warby Parker's execution and long term growth potential.Narrative Update • Jan 09
WRBY: Margin Progress And 2025 Guidance Balance Premium Multiple Risks
Analysts have raised our Warby Parker fair value estimate from US$22.45 to US$26.83, reflecting higher assumed revenue growth and profit margins, even as recent Street price targets have been cut to US$19 to account for softer near term trends and questions around future P/E support. Analyst Commentary Bullish Takeaways Some bullish analysts highlight that Q3 adjusted EBITDA came in stronger than expected, which they view as evidence that Warby Parker can manage profitability even when revenue trends are softer.Analysis Article • Jan 07
Warby Parker Inc. (NYSE:WRBY) Looks Just Right With A 38% Price Jump
Warby Parker Inc. ( NYSE:WRBY ) shareholders would be excited to see that the share price has had a great month...Narrative Update • Dec 06
WRBY: Margin Expansion And 2025 Profitability Progress Will Drive Renewed Bullish Conviction
Analysts have nudged their blended price target for Warby Parker modestly higher, from approximately $22.17 to $22.45 per share. Stronger margin and growth assumptions have offset recent target cuts tied to slowing revenue trends and heightened uncertainty around the pace of top line expansion.Narrative Update • Nov 22
WRBY: Renewed Partnerships Will Support Improved Engagement And 2025 Outlook
Analysts have reduced their average price target for Warby Parker from approximately $25.08 to $22.17. They cite slower revenue growth trends and ongoing concerns about near-term topline outlook and retail risks.Narrative Update • Nov 06
WRBY: Recent Partnerships Will Drive 2025 Revenue Expansion And Market Confidence
Analysts have modestly lowered their fair value estimate for Warby Parker to $25.08 from $26.23. This change reflects slightly softer expectations for revenue growth and profit margins, despite recent upward price target revisions by several major firms.Analysis Article • Oct 30
With A 28% Price Drop For Warby Parker Inc. (NYSE:WRBY) You'll Still Get What You Pay For
Warby Parker Inc. ( NYSE:WRBY ) shareholders won't be pleased to see that the share price has had a very rough month...Narrative Update • Aug 06
Google Partnership And Retail Expansion Will Unlock New Market Opportunities
Warby Parker’s consensus price target has risen as analysts project a higher future P/E multiple despite an increased discount rate, implying a new fair value of $23.85. What's in the News Warby Parker announced a strategic partnership with Google to develop AI-powered, all-day wearable glasses, integrating Warby Parker's design with Google's technology, with an initial product line planned to launch after 2025.New Narrative • May 27
Retail Expansion And AI Personalization Will Redefine Vision Care
Expanding retail presence, product diversification, and proprietary technology investments bolster omnichannel growth, recurring revenue streams, and operational efficiency to elevate margins.Analysis Article • May 13
Market Participants Recognise Warby Parker Inc.'s (NYSE:WRBY) Revenues Pushing Shares 28% Higher
Those holding Warby Parker Inc. ( NYSE:WRBY ) shares would be relieved that the share price has rebounded 28% in the...Analysis Article • Mar 19
Warby Parker Inc. (NYSE:WRBY) Shares Slammed 31% But Getting In Cheap Might Be Difficult Regardless
Warby Parker Inc. ( NYSE:WRBY ) shareholders that were waiting for something to happen have been dealt a blow with a...Seeking Alpha • Mar 07
Warby Parker: Target Partnership Aims Further Store Potential
Summary Warby Parker's Q4 results met expectations as revenues continued to scale and profitability is slowly improving. The company targets continued growth in 2025 with new own store openings, as well as through the new small-scale partnership with Target. Operating leverage remains too slow, as Warby Parker still reports GAAP losses. Trump's tariff on China adds some further short-term margin pressure. Despite good growth prospects, WRBY stock remains too expensive. I estimate -39% downside to a fair value of $13.15. Read the full article on Seeking AlphaAnalysis Article • Mar 01
An Intrinsic Calculation For Warby Parker Inc. (NYSE:WRBY) Suggests It's 23% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, Warby Parker fair value estimate is US$32.19 Current share...Shareholder Returns
| WRBY | US Specialty Retail | US Market | |
|---|---|---|---|
| 7D | 1.5% | -3.4% | -2.2% |
| 1Y | -7.6% | -14.5% | 13.1% |
Return vs Industry: WRBY exceeded the US Specialty Retail industry which returned -14.5% over the past year.
Return vs Market: WRBY underperformed the US Market which returned 13.1% over the past year.
Price Volatility
| WRBY volatility | |
|---|---|
| WRBY Average Weekly Movement | 8.0% |
| Specialty Retail Industry Average Movement | 7.5% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.4% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: WRBY has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: WRBY's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 3,156 | Neil Blumenthal | www.warbyparker.com |
Warby Parker Inc. sells eyewear products through its retail and e-commerce platform in the United States and Canada. The company offers eyeglasses and sunglasses; and single-vision, progressive, light-responsive, polarized, blue-light-filtering, tinted, non-prescription, and contact lenses. It also provides accessories, such as cases, pouches, lenses kit with anti-fog spray, travel cases, lenses cloth, anti-fog lens spray, and sun clip-ons through its stores, website, and mobile apps.
Warby Parker Inc. Fundamentals Summary
| WRBY fundamental statistics | |
|---|---|
| Market cap | US$3.00b |
| Earnings (TTM) | US$7.74m |
| Revenue (TTM) | US$911.61m |
394.5x
P/E Ratio3.4x
P/S RatioIs WRBY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WRBY income statement (TTM) | |
|---|---|
| Revenue | US$911.61m |
| Cost of Revenue | US$427.37m |
| Gross Profit | US$484.23m |
| Other Expenses | US$476.49m |
| Earnings | US$7.74m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.063 |
| Gross Margin | 53.12% |
| Net Profit Margin | 0.85% |
| Debt/Equity Ratio | 0% |
How did WRBY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/11 22:03 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Warby Parker Inc. is covered by 17 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Altschwager | Baird |
| Robert Ohmes | BofA Global Research |
| Janine Hoffman Stichter | BTIG |