Warby Parker (NYSE:WRBY) Shares Break Above 200-Day Moving Average After Earnings Miss

Warby Parker Inc. (NYSE:WRBY)’s stock price passed above its 200-day moving average during trading on Thursday after the company announced better than expected quarterly earnings. The stock has a 200-day moving average of $25.12 and traded as high as $27.44. Warby Parker shares last traded at $26.1060, with a volume of 11,259,285 shares.

The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.05). The business had revenue of $244.74 million during the quarter, compared to the consensus estimate of $244.92 million. Warby Parker had a return on equity of 3.36% and a net margin of 0.85%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.05 earnings per share.

Key Warby Parker News

Here are the key news stories impacting Warby Parker this week:

• Positive Sentiment: Revenue increased 10.4% year over year to $244.7 million, roughly in line with estimates. Active customers grew 3% to 2.74 million, while average revenue per customer rose 6.7% to $342. Gross margin also improved to 54.4%. These metrics point to ongoing growth and higher customer spending. Warby Parker Announces Third Quarter 2026 Results
• Neutral Sentiment: Coverage gave mixed comparisons for earnings: Zacks reported $0.11 per share, above its $0.09 consensus, while other reports cited $0.04 per share. The differing figures may reflect different earnings measures or estimates, making the headline beat-or-miss picture less clear. Zacks Q3 Earnings and Revenues
• Negative Sentiment: Using the $0.04 EPS figure, Warby Parker missed the cited $0.09 analyst consensus, while revenue was essentially in line with expectations. That earnings shortfall is a counterpoint to the positive growth and margin trends. MarketBeat Q3 Results

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on WRBY shares. Citigroup reissued a “market outperform” rating on shares of Warby Parker in a research note on Thursday, September 17th. BTIG Research reiterated a “buy” rating on shares of Warby Parker in a report on Tuesday, October 27th. UBS Group increased their price objective on shares of Warby Parker from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Weiss Ratings lowered shares of Warby Parker from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 23rd. Finally, Roth Capital reaffirmed a “neutral” rating and issued a $28.00 target price on shares of Warby Parker in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $30.00.

Insider Transactions at Warby Parker

In related news, CEO Neil Blumenthal sold 100,000 shares of Warby Parker stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $27.69, for a total value of $2,769,000.00. Following the sale, the chief executive officer owned 36,020 shares of the company’s stock, valued at approximately $997,393.80. This trade represents a 73.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 16.80% of the company’s stock.

Hedge Funds Weigh In On Warby Parker

Large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in shares of Warby Parker by 105.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,310 shares of the company’s stock worth $28,000 after acquiring an additional 673 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Warby Parker by 53.7% in the third quarter. GAMMA Investing LLC now owns 1,339 shares of the company’s stock valued at $37,000 after purchasing an additional 468 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Warby Parker by 110.7% in the first quarter. Parallel Advisors LLC now owns 1,837 shares of the company’s stock valued at $39,000 after purchasing an additional 965 shares during the last quarter. Essential Partners LLC lifted its position in shares of Warby Parker by 44.2% in the first quarter. Essential Partners LLC now owns 2,570 shares of the company’s stock worth $54,000 after purchasing an additional 788 shares in the last quarter. Finally, Sterling Capital Management LLC lifted its position in shares of Warby Parker by 839.3% in the third quarter. Sterling Capital Management LLC now owns 3,419 shares of the company’s stock worth $95,000 after purchasing an additional 3,055 shares in the last quarter. Institutional investors and hedge funds own 93.24% of the company’s stock.

Warby Parker Price Performance

The stock’s 50-day moving average price is $24.91 and its 200 day moving average price is $25.12. The firm has a market cap of $2.83 billion, a P/E ratio of 372.94, a price-to-earnings-growth ratio of 6.97 and a beta of 1.95.

About Warby Parker

Warby Parker Inc is an optical retailer that designs, manufactures and sells prescription eyeglasses, sunglasses, contact lenses and related accessories. The company offers its products through its website, mobile applications and a growing network of retail stores, combining online shopping with in-person services such as frame fitting and eye examinations.

Founded in 2010 by Neil Blumenthal, Dave Gilboa, Andrew Hunt and Jeffrey Raider, Warby Parker was established as a direct-to-consumer eyewear company.