Wayfair price target lowered to $92 from $104 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Wayfair (W) to $92 from $104 and keeps a Neutral rating on the shares. Wayfair slightly beat revenue expectations and delivered a solid adjusted EBITDA beat in Q4, driven by cost discipline and operating leverage, the analyst tells investors in a research note. The company continues to gain share in the U.S. home category, expand its physical retail footprint, and improve unit economics, with specialty brands growing 20%+ in 2025 and AI initiatives expected to enhance operational efficiency and buyer engagement, the firm adds.