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Investing.com - RBC Capital has raised its price target on Williams-Sonoma (NYSE:WSM) to $39.00 from $38.00 while maintaining a Sector Perform rating on the stock. According to InvestingPro data, the company currently trades at a P/E ratio of 22.6x and has shown impressive momentum with a 49% return over the past year.
The price target adjustment follows Williams-Sonoma’s second-quarter 2025 earnings results, which exceeded both Street and RBC estimates, according to the investment firm.
Williams-Sonoma has reaffirmed its full-year 2025 guidance, RBC noted in its analysis of the company’s performance.
RBC believes Williams-Sonoma’s strong balance sheet positions the company to manage higher capital expenditure plans in 2026 for its North Loving II project.
The firm also highlighted that Williams-Sonoma’s acquisition of Aris is expected to enhance its water solution offerings, with the price target increase reflecting higher estimates from the acquisition, partially offset by acquisition-related units issuance and higher capital expenditures.
In other recent news, Williams-Sonoma has seen several analysts raise their price targets for the company. KeyBanc increased its price target to $230, maintaining an Overweight rating and highlighting the company’s strong position in the home furnishings sector. UBS also raised its target to $184, with a Neutral rating, anticipating a 4.0% increase in comparable sales for the second quarter, surpassing the consensus estimate. RBC Capital adjusted its target to $212, citing strong transaction data and boosting its sales growth estimate to 3.6%, above the consensus. Barclays raised its price target to $180, maintaining an Equalweight rating but noting high market expectations. Additionally, West Elm, a brand under Williams-Sonoma, has expanded its West Elm Kids collection in collaboration with fashion designer Joseph Altuzarra. The new collection features nature-inspired designs, including a Botanical 6-Drawer Dresser and Vine Sheet Sets. These developments reflect ongoing strategic initiatives and positive market sentiment surrounding Williams-Sonoma.
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