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Jefferies gives a Buy recommendation for Wayfair Inc (W)

Wayfair Inc’s recent filing unveils that its Former Officer Netzer Thomas acquired Company’s shares for reported $17344.0 on Mar 18 ’25. In the deal valued at $31.31 per share,554 shares were bought.

Then, Shah Niraj bought 4,000 shares, generating $136,080 in total proceeds.

Before that, Conine Steven bought 4,000 shares. Wayfair Inc shares valued at $136,080 were divested by the Officer at a price of $34.02 per share.

Jefferies upgraded its Wayfair Inc [W] rating to a Buy from a a Hold in a research note published on March 07, 2025; the price target was increased to $47 from $45. A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Neutral”. Needham also remained covering W and reiterated its “Buy” recommendation on November 04, 2024.

Price Performance Review of W

On Monday, Wayfair Inc [NYSE:W] saw its stock fall -5.38% to $32.03. Over the last five days, the stock has lost -15.40%. Wayfair Inc shares have fallen nearly -27.73% since the year began. Nevertheless, the stocks have fallen -52.61% over the past one year. While a 52-week high of $76.18 was reached on 01/31/25, a 52-week low of $29.68 was recorded on 03/18/25. SMA at 50 days reached $40.93, while 200 days put it at $46.14.

Levels Of Support And Resistance For W Stock

The 24-hour chart illustrates a support level at 31.56, which if violated will result in even more drops to 31.08. On the upside, there is a resistance level at 32.75. A further resistance level may holdings at 33.46. The Relative Strength Index (RSI) on the 14-day chart is 39.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.16%. Stochastics %K at 43.87% indicates the stock is a holding.

How much short interest is there in Wayfair Inc?

A steep rise in short interest was recorded in Wayfair Inc stocks on 2025-03-14, growing by 0.82 million shares to a total of 17.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 16.52 million shares. There was a rise of 4.72%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on October 22, 2024 when UBS resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $65.

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