How to Buy Warby Parker Stock
Warby Parker Inc
Warby Parker is a medical company located in New York, United States, which is part of the Healthcare sector, and is traded under the ticker WRBY on the NYSE exchange.
Warby Parker stock last closed at $24.60, down 1.95% from the previous day, and has increased 85.66% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.77 percentage points. Warby Parker stock is currently +116.74% from its 52-week low of $11.35, and -9.23% from its 52-week high of $27.10.
As of Jan 14, 2025, there are 120.34M WRBY shares outstanding. The market cap of WRBY is $2.96B. In the last 24 hours, 1.29M WRBY shares were traded.
How to Buy Warby Parker Stock
Not sure how to invest in Warby Parker stock? Here's how.
- Decide where to buy Warby Parker stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Warby Parker stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your information.
- Evaluate Warby Parker stock: The Warby Parker ticker symbol is WRBY. Is Warby Parker stock a good investment? Should you buy shares of WRBY? How do WRBY's underlying business fundamentals look? Do top analysts think Warby Parker is a good buy? Why has WRBY's stock price moved recently? (Hint: Our stock research website can help you figure out if WRBY is a good stock to buy).
- Make your WRBY buy order: Decide if you will purchase WRBY shares at the current market price or use a limit order to buy WRBY stock at a specific price.
- Get key alerts regarding your WRBY investment: Create a watchlist to the latest updates on your investment in Warby Parker shares.
Step 1: Decide where to buy Warby Parker stock
You need a brokerage account in order to access the NYSE market and buy WRBY stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you are able to invest in WRBY today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best app for stock investing, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Warby Parker stock
Once you have decided on the best place to buy Warby Parker stock, it's absolutely critical to analyze their stock before you buy, so you can wrap your head around the risk and upside.
Warby Parker stock quick numbers
Warby Parker Fundamentals
WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on WRBY's stock page.
How is WRBY stock valued?
You can use many financial metrics, analyses, models, and charts to gauge WRBY's fair value.
Using relative valuations measures:
- WRBY could be overvalued based on its P/B ratio of 8.79x, relative to Medical Instruments & Supplies industry P/B ratio of 3.94x
You can do additional valuation research on WRBY's stock here.
How do WRBY Financials look?
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the WRBY balance sheet.
- There are more short-term assets than long-term liabilities on the WRBY balance sheet.
- WRBY earnings of -$42.27M is not enough to cover its interest payments.
- WRBY's operating cash flow of $92.50M allows it to safely service it's debt of $196.17M.
- WRBY profit margin has gone up from -9.8% to -4.4% in the past year.
Failed Health Checks:
- WRBY has a relatively high debt to equity ratio of 0.9.
Do Wall Street analysts think it's a good time to buy WRBY stock
Out of 7 sell side analysts who track WRBY, the consensus analyst rating on WRBY is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest WRBY Analyst Recommendations
Mark Altschwager, a top 11% analyst from Baird maintains WRBY with a buy rating and raises their WRBY price target from $18.00 to $23.00, on Nov 8, 2024.
Janine Stichter, a top 14% analyst from BTIG maintains WRBY with a strong buy rating and raises their WRBY price target from $18.00 to $20.00, on Nov 1, 2024.
You can dig deeper into what analysts are saying on the Warby Parker stock forecast page.
WRBY Technicals
WRBY Performance Metrics
Last year, WRBY revenue was $742.53M. Over the past 3 year, WRBY's revenue has grown by 75.24% per year. This was faster than the Medical Instruments & Supplies industry average of 10.32%.
Dig into WRBY's earnings and revenue performance here.
Are WRBY executives and large shareholders buying or selling the stock?
Over the past 12 months, executives and large shareholders at WRBY have sold more shares than they have bought.
David Abraham Gilboa, Co-Chief Executive Officer of WRBY, was the latest WRBY insider to sell. They sold $940,068.36 worth of WRBY stock on Jan 3, 2025.
Research more about who owns WRBY stock here.
Does WRBY provide a stable income stream?
No, Warby Parker doesn't provide an income stream by paying out dividends.
What do other investors have to say about WRBY?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your WRBY buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open Trade button and eToro will place your order.
If you need additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your WRBY investment
Now that you own some WRBY shares, you'll want to keep up with your new stock purchase.
Put WRBY on a watchlist to get the latest updates about your WRBY stock.
WRBY Feed
How to Buy Stock in Warby Parker
To summarize, here are the 6 steps to buy Warby Parker stock:
- Decide where to buy Warby Parker stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Evaluate Warby Parker stock
- Make your WRBY buy order
- Get key alerts regarding your WRBY investment
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Warby Parker, add WRBY to your watchlist below.
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