Williams-Sonoma, Inc. (WSM) earnings on May 21, 2026
More Williams-Sonoma, Inc. earnings
Prior outlook: Pessimistic Outcome: Missed
Williams-Sonoma beat expectations for earnings and sales, and maintained its yearly forecast. The stock price rose significantly after the announcement, ending the day up over 6%.
WSM price around the earnings
191.00
Change: +6.0%
2026-05-22, 00:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
Analysts cautious, the price tends to decline.
Analysts have been lowering their price targets, suggesting a less optimistic outlook despite the company's history of beating earnings expectations. Negative price trends also indicate underlying weakness.
Context analyzed before publication
- Summary
- Mixed contexts: Strong past earnings, but analyst caution grows.
- Reasoning
- Analyst sentiment is weakening due to price target cuts, even though the company has a strong recent record of beating earnings. This creates a mixed context where positive historical performance clashes with current analyst caution.
- Playbook
- Negative momentum and recent target cuts create a cautious scenario.
- Trend
- Negative momentum and target cuts context caution.
Analysts
Drivers
-
Analysts
Negative
Two major firms have lowered their price targets, suggesting a less optimistic outlook from analysts despite an overall positive average target.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.27
- Analysts covering the stock
- 19
- Average price target
- 203.05
- Lowest price target
- 136
- Highest price target
- 230
- Upside to price target
- 12.7%
- Quarterly earnings growth
- -10.4%
- Revenue growth
- -4.3%
- Forward EPS
- 10.13
- Trailing EPS
- 8.83
- Analyst moves in the last 60 days
- 5
- Strong buy: 1
- Buy: 8
- Hold: 12
- Sell: 0
- Strong sell: 1
- Strong buy
- 1
- Buy
- 8
- Hold
- 12
- Sell
- 0
- Strong sell
- 1
- May 18, 2026 · RBC Capital: Maintains rating (Outperform → Outperform)
- May 14, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
- May 12, 2026 · Citigroup: Maintains rating (Neutral → Neutral)
- April 14, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- April 13, 2026 · Goldman Sachs: Upgrades rating (Neutral → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Neutral
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (3)
- RBC Capital Maintains Outperform on Williams-Sonoma, Lowers Price Target to $191 — Benzinga
- Wells Fargo Maintains Equal-Weight on Williams-Sonoma, Lowers Price Target to $185 — Benzinga
- Citigroup Maintains Neutral on Williams-Sonoma, Lowers Price Target to $200 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock shows negative price trends over the last 14 and 30 days, indicating a pessimistic trend leading into earnings.
Evidence
- Average true range (ATR)
- 3.5%
- Distance to 52-week high
- -18.8%
- 14-day change (14d)
- -0.1%
- 30-day change (30d)
- -3.4%
- 30-day relative strength
- -3.4%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 180.15
- Nearest resistance
- 182.36
- Volume accumulation ratio (14d / 46d)
- 1.42
Trends
Evidence
- Average earnings surprise
- +6.7%
- March 18, 2026: actual EPS 3.04 vs estimate 2.9 (surprise +4.8%)
- November 19, 2025: actual EPS 1.96 vs estimate 1.87 (surprise +4.9%)
- August 27, 2025: actual EPS 2 vs estimate 1.79 (surprise +11.6%)
- May 22, 2025: actual EPS 1.85 vs estimate 1.75 (surprise +5.5%)
Expected move
Drivers
-
Past earnings
Positive
The company has consistently beaten earnings expectations for every report, with an average surprise of over 6%. This shows strong historical execution.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 5.3%
- 75th percentile move
- 10.3%
- 90th percentile move
- 14.3%
- Up / down moves
- 10 / 9
- Average up move
- +9.7%
- Average down move
- -4.7%
Monitoring and close
What Williams-Sonoma, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +6.5%
- Max favorable move (MFE)
- 1.6%
- Max adverse move (MAE)
- 7.6%