Warby Parker (WRBY) Expected to Announce Earnings on Thursday

Warby Parker (NYSE:WRBY) is expected to be releasing its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Warby Parker to post earnings of $0.11 per share and revenue of $239.4370 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:00 AM ET.

Warby Parker Trading Down 1.6%

NYSE WRBY traded down $0.35 on Tuesday, hitting $21.64. 2,344,832 shares of the company traded hands, compared to its average volume of 2,971,919. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of 1,082.59 and a beta of 1.95. The business’s 50 day moving average price is $23.25 and its 200-day moving average price is $23.05. Warby Parker has a 52-week low of $14.96 and a 52-week high of $31.00.

Insider Activity

In other news, Director Bradley E. Singer sold 15,793 shares of Warby Parker stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $27.53, for a total value of $434,781.29. Following the sale, the director directly owned 16,026 shares of the company’s stock, valued at approximately $441,195.78. The trade was a 49.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Neil Harris Blumenthal sold 75,213 shares of Warby Parker stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $24.56, for a total value of $1,847,231.28. Following the completion of the sale, the chief executive officer directly owned 50,165 shares in the company, valued at $1,232,052.40. This trade represents a 59.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 115,793 shares of company stock worth $2,901,550 over the last 90 days. Company insiders own 18.24% of the company’s stock.

Institutional Investors Weigh In On Warby Parker

Several large investors have recently made changes to their positions in WRBY. AQR Capital Management LLC increased its holdings in shares of Warby Parker by 101.0% in the first quarter. AQR Capital Management LLC now owns 171,271 shares of the company’s stock worth $3,122,000 after purchasing an additional 86,053 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Warby Parker by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,690 shares of the company’s stock worth $961,000 after purchasing an additional 2,297 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Warby Parker by 96.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,888,817 shares of the company’s stock worth $34,433,000 after purchasing an additional 929,073 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of Warby Parker in the first quarter worth about $252,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Warby Parker by 17.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 257,020 shares of the company’s stock worth $4,685,000 after purchasing an additional 38,395 shares during the last quarter. 93.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

WRBY has been the topic of several research analyst reports. Weiss Ratings downgraded Warby Parker from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, March 2nd. UBS Group restated a “neutral” rating and issued a $20.00 price objective on shares of Warby Parker in a research report on Wednesday, February 25th. Telsey Advisory Group restated an “outperform” rating and issued a $32.00 price objective on shares of Warby Parker in a research report on Friday, February 20th. Finally, Citigroup boosted their price objective on Warby Parker from $18.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. Ten equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $28.09.

Warby Parker Company Profile

Warby Parker, Inc (NYSE: WRBY) is a U.S.-based eyewear company that designs, manufactures and sells prescription glasses, sunglasses and contact lenses through a direct-to-consumer model. Since its founding, the company has combined online and brick-and-mortar channels to streamline the customer experience, offering features such as virtual try-on technology and a home try-on program that allows consumers to sample frames before purchase.

Established in 2010 by Wharton graduates Neil Blumenthal, Dave Gilboa, Andrew Hunt and Jeffrey Raider, Warby Parker set out to disrupt the traditional optical market by controlling the entire supply chain—from frame design and lens production to warehousing and distribution.