Warby Parker (NYSE: WRBY) just got a major catalyst that has one analyst calling it a potential 10-bagger over the next five years.
The eyewear company announced a partnership with Google to launch AI-powered glasses in 2026. These aren’t clunky prototypes – they’re “all-day wear” glasses powered by Google Gemini with real-time search, maps, and translation capabilities.
Brian McGough from Hedgeye is calling WRBY the “retail stock to own in 2026.” The stock jumped 14% on Monday when this news dropped.
Google isn’t just talking – they invested $150 million total ($75M for development, $75M equity stake). When Google writes checks that big, they mean business.
Warby Parker’s fundamentals are solid too: 15% revenue growth, 9% customer growth, and $5.9 million net income last quarter (vs. $4.1M loss last year).
The reality check? This 10-bagger call comes from one analyst. The other 14 analysts have a modest $22 price target (5% upside). And 2026 is still a year away.
Warby Parker could be at the intersection of AI and wearables trends. If they execute well, this could be the next big consumer tech play. Just remember to do your research and size positions appropriately.