Recent data show Wayfair stock price trading in a tight range after a 3% weekly gain. Macro indicators like retail sales growth and consumer confidence levels will likely dictate short-term price direction in the e-commerce segment. Shares in the home furnishings seller have nearly doubled so far this year, rising around 90 percent into the $85-dollar range as Shah’s leadership team brings the Boston ecommerce company back to profitability . But the stock is still a far cry from the $300-plus range in which it traded in 2020 and 2021. Investors saw Wayfair as a smart pandemic-era bet when everyone was stuck at home, ordering items on their phones or computers instead of shopping in physical stores. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with W. Wayfair stock price posted a modest uptick to $62.45 at yesterday’s close, supported by optimism in Q3 order flow projections. Continued implementation of AI-driven product recommendations could enhance conversion rates and investor confidence.