Roth Capital raised the firm’s price target on Warby Parker (WRBY) to $21 from $18 and keeps a Neutral rating on the shares. The company’s partnership with Google (GOOGL) to develop “smart glasses” is a significant positive development, and the stock reaction was “fair” given its improved earnings power for 2026, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WRBY:
- AI Daily: AI Search takes center stage at Google I/O event
- Analysts Cheer New Backdoor AI Play: Warby Parker Stock (NYSE:WRBY)
- Wall Street positive on Google I/O event as AI Search takes center stage
- Alphabet’s $150M Bet on Warby Parker — Can Smart Glasses Move WRBY and GOOG Stock?
- Warby Parker price target raised to $24 from $20 at TD Cowen
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue