Warby Parker price target raised to $32 from $25 at BTIG

BTIG analyst Janine Stichter raised the firm’s price target on Warby Parker (WRBY) to $32 from $25 and keeps a Buy rating on the shares. Warby Parker shares have surged on renewed attention to its AI-powered glasses collaboration with Google (GOOGL), which could ultimately be transformative but is unlikely to meaningfully affect 2026 results, the analyst tells investors in a research note. The sizable long-term revenue opportunity is driving near-term trading enthusiasm, though scaling may be slower than peers and current fundamentals remain secondary to the story, the firm says.