Warby Parker Stock Jumps 18.6% After UBS Lifts Price Target, Keeps Neutral Rating

UBS raised its target to $32 from $28 on Friday evening, the session before the move, while leaving its rating unchanged.

optics, health care and vision concept - close up of eyeglasses at optician
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Key points

  • Warby Parker rose 18.6% Monday, closing at $30.21, after UBS raised its price target to $32 from $28
  • UBS kept its neutral rating on the stock
  • Revenue for 2025 was $871.9 million, up 13% year over year
  • Cash and equivalents were $287.9 million as of Sept. 30

Warby Parker Inc. (NYSE: WRBY) shares rose 18.6% on Monday, closing at $30.21 from $25.48, while the S&P 500 ETF (SPY) gained 2.37%. The move followed an analyst action logged on Friday evening: UBS raised its price target on the eyewear retailer to $32 from $28 and kept a neutral rating. The stock traded on about four times its usual volume.

UBS raises its target but keeps a neutral rating

UBS raised its price target by $4 to $32 and left its neutral rating unchanged. The note was logged at 18:18 ET on Friday, after the regular session had closed, so the reaction came in Monday's session. No SEC filing is tied to the move, and the company has not given a reason for it.

Profitable on a small scale

Warby Parker reported revenue of $871.9 million for 2025, up 13% from a year earlier. Net income was $1.6 million, compared with a loss of $20.4 million in 2024, and diluted earnings were $0.01 a share. In the latest quarter, ended Sept. 30, revenue rose 10% to $244.7 million and operating income was $3.6 million. Net income was $5.6 million, down 5% from a year earlier, and diluted earnings were $0.04 a share, against $0.05.

Cash and market value before the move

Before the move, the company's market capitalization was about $3.17 billion, based on 124.3 million shares at the prior close. Cash and equivalents stood at $287.9 million as of Sept. 30, 2026.

Written with AI from SEC filings and market data, and checked against those sources before publishing. Our editorial standards.

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Filings, figures and price history are on the Warby Parker page.