Warby Parker stock jumps 9% as TD Cowen lifts target

New York, January 6, 2026, 12:48 (EST) — Regular session

WRBY rose about 9% in midday trade, after touching $25.93
TD Cowen raised its price target to $26, a report showed
Traders are weighing analyst optimism against execution risk ahead of results

Warby Parker Inc shares rose about 9.3% to $25.42 in midday trading on Tuesday, after touching $25.93. The stock opened at $23.65 and volume topped 2.6 million shares. TD Cowen raised its price target to $26, a StreetInsider report showed.

The move matters because Warby Parker has become a high-beta proxy for investors chasing consumer brands with a tech angle in the new year. Any shift in analyst tone can move a stock like WRBY quickly when positioning is light and liquidity is thin.

Loop Capital named Warby Parker one of its top picks for 2026, a StockStory report said on Monday, calling the risk/reward “attractive.” Price targets are analysts’ estimates of where a stock should trade over the next 12 months, and they can fuel fast moves when sentiment is already turning.

Warby Parker said last month it is collaborating with Alphabet’s Google to develop lightweight, AI-powered glasses, with the first product expected to launch in 2026, but it did not give pricing or distribution plans. Google has pitched the effort as part of its Android XR push, as Meta Platforms and Apple compete for an early lead in wearables and mixed reality.

With the stock now trading near the mid-$20s range highlighted in recent analyst notes, investors will look for signs the rally can hold without fresh company news. Traders also tend to watch whether the shares consolidate above prior breakout levels after a sharp morning move.

Warby Parker has not confirmed the date of its next earnings release, but MarketBeat estimates results around Feb. 26. Investors will be looking for updates on demand trends and margins, and for any timeline detail tied to its planned 2026 smart-glasses launch. MarketBeat

But the pop leaves little room for disappointment. Any soft patch in consumer spending, a slip in product timing, or a cooler reception for smart glasses could pull the stock back toward recent support.

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