Williams-Sonoma Q2 earnings preview: consensus sees revenue rise
- Williams-Sonoma reports Q2 earnings on Aug. 26; consensus expects $2.06 EPS vs $2.00 prior year
- Revenue estimate stands at $1.93 billion, up from $1.84 billion year-ago period
- Top analysts raise price targets to range between $240 and $261
- Wells Fargo (78% accuracy) raises target to $240; Goldman Sachs (69%) sets $261
- Shares fell 1.3% to close at $234.74 on Tuesday ahead of the print

*this image is generated using AI for illustrative purposes only.
Williams-Sonoma, Inc. (NYSE: WSM) will release its second-quarter earnings report before the market opens on Wednesday, Aug. 26. The San Francisco-based home furnishings retailer is expected to report quarterly earnings of $2.06 per share, up from $2.00 in the year-ago period.
Consensus estimates place WSM’s quarterly revenue at $1.93 billion, compared to $1.84 billion reported last year. This follows better-than-expected first-quarter financial results announced on May 21. Shares of Williams-Sonoma fell 1.3% to close at $234.74 on Tuesday.
Analyst Ratings and Price Targets
Several top-performing analysts have recently adjusted their outlook for Williams-Sonoma, with most raising price targets while maintaining their ratings. The following table summarizes recent changes from Benzinga’s most-accurate analysts:
| Analyst | Firm | Rating | New Price Target | Previous Target | Date |
|---|---|---|---|---|---|
| Zachary Fadem | Wells Fargo | Equal-Weight | $240 | $190 | Aug. 11, 2026 |
| Kate McShane | Goldman Sachs | Buy | $261 | $230 | Aug. 11, 2026 |
| Steven Zaccone | Citigroup | Neutral | $248 | $200 | Aug. 13, 2026 |
| Cristina Fernandez | Telsey Advisory Group | Outperform | $255 | $225 | Aug. 13, 2026 |
| Steven Shemesh | RBC Capital | Outperform | $260 | $192 | Aug. 14, 2026 |
Wells Fargo analyst Zachary Fadem, who holds a 78% accuracy rate, raised his price target from $190 to $240 while maintaining an Equal-Weight rating. Goldman Sachs analyst Kate McShane (69% accuracy) boosted her target from $230 to $261, keeping a Buy rating.
RBC Capital’s Steven Shemesh (60% accuracy) increased his target from $192 to $260, maintaining an Outperform rating. Similarly, Telsey Advisory Group’s Cristina Fernandez (51% accuracy) raised her target from $225 to $255 with an Outperform rating. Citigroup’s Steven Zaccone (53% accuracy) maintained a Neutral rating but lifted his target from $200 to $248.
What the Numbers Show
The recent analyst adjustments indicate a broad upward revision in valuation expectations despite mixed rating stances. While Goldman Sachs and RBC Capital maintain bullish Buy/Outperform ratings, Citigroup remains Neutral even after raising its price target by $48. This divergence suggests that while revenue growth expectations are rising, valuation concerns may persist for some strategists. The current share price of $234.74 sits below the new consensus range of $240–$261, implying potential upside if the company meets or exceeds the estimated $2.06 EPS.
How might Williams-Sonoma's upcoming Q2 earnings report influence the divergence between bullish and neutral analyst ratings?
What specific operational metrics or segment performances are investors likely to scrutinize to validate the raised price targets of $240–$261?
Could the recent 1.3% share price decline indicate pre-earnings profit-taking, or does it reflect broader concerns about consumer spending in the home furnishings sector?































