Shares of Warby Parker (WRBY) are higher after said the stock could be a “10-bagger” in fives years, beginning in 2026. Hedgeye analyst Brian McGough is hosting a “Best Idea Long” presentation on December 9 to discuss why Warby Parker will be the “retail stock to own in 2026.” Warby’s balance sheet “is stellar, and McGough thinks the excess cash goes to build an international brand/footprint, which so few geo-centric businesses in retail can do,” Hedgeye said on its website. Shares of Warby Parker are up 8%, or $1.47, to $20.26 in midday trading.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WRBY:
- Warby Parker to finish 2025 more profitable than expected, Reuters reports
- Warby Parker management to meet virtually with Telsey Advisory
- Warby Parker’s Earnings Call Highlights Growth and Innovation
- Warby Parker price target lowered to $19 from $20 at Morgan Stanley
- Warby Parker price target lowered to $19 from $22 at Stifel