Why Wayfair Inc. (W) is Skyrocketing?

Insider Monkey
18 Apr

We recently published a list of 10 Firms End Stronger, Buck Muted Broader Market Trading. In this article, we are going to take a look at where Wayfair Inc. (NYSE:W) stands against other other firms that ended the week strong.

The stock market ended the shortened trading week mixed, with two of the major indices clocking in just modest movements, as investors parked funds for now while continuing to digest President Donald Trump’s tariff policies.

Among the major indices, only the S&P 500 registered gains, up 0.13 percent. In contrast, the Dow Jones fell by 1.33 percent, and the Nasdaq dropped by 0.13 percent.

Ten firms, on the other hand, ended the week strong, on the back of a flurry of catalysts that sparked buying appetite. In this article, we have detailed the reasons behind their gains.

To come up with the list, we only considered the stocks with a $2 billion market capitalization and a $5 million trading volume.

An elegant home décor with a stunning furniture piece, showcasing the company's premium online selections.

Wayfair Inc. (NYSE:W)

Wayfair Inc. saw its share prices rise by 5.85 percent to finish at $26.61 apiece as investors continued to buy shares after earning an upgraded rating from an investment firm.

Earlier this week, UBS gave Wayfair a Buy rating despite reducing its price target by 8.3 percent to $55 from $60 previously.

UBS underscored Wayfair’s risks in the ongoing global trade war due to its significant reliance on suppliers from China, Vietnam, and other countries.

In other related news, Wayfair also earned a lower price target of $46 from Piper Sandler, from $58 previously. However, the investment firm maintained its overweight rating for the company.

According to Piper Sandler, the rating was based on the company’s collaboration with the Home Furnishings Association on a study that showed a modest slowdown in furniture demand from the previous quarter.

According to the survey, recorded sales in the first quarter decreased by 1 percent, with March being the strongest in terms of demand.

Overall, W ranks 6th on our list of firms that ended the week strong. While we acknowledge the potential of W as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than W but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10