Wix.com (WIX) Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wix.com in the last twelve months. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WIX shares.
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13 analysts have issued twelve-month target prices for Wix.com's stock. Their WIX share price forecasts range from $84.00 to $120.00. On average, they anticipate the company's share price to reach $105.54 in the next twelve months. This suggests a possible upside of 38.4% from the stock's current price.
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Wix.com's stock was trading at $76.83 at the beginning of the year. Since then, WIX stock has decreased by 0.8% and is now trading at $76.25.
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Wix.com saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,310,000 shares, an increase of 17.8% from the April 30th total of 3,660,000 shares. Based on an average daily trading volume, of 882,200 shares, the days-to-cover ratio is presently 4.9 days. Approximately 7.9% of the shares of the company are short sold.
View Wix.com's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our WIX earnings forecast.

Wix.com Ltd. (NASDAQ:WIX) posted its quarterly earnings results on Thursday, November, 11th. The information services provider reported ($0.21) EPS for the quarter, beating analysts' consensus estimates of ($1.33) by $1.12. The information services provider had revenue of $320.80 million for the quarter, compared to analysts' expectations of $314.83 million. During the same quarter in the prior year, the business posted ($0.84) earnings per share.

ETFs with the largest weight of Wix.com (NASDAQ:WIX) stock in their portfolio include Global X Cloud Computing ETF (CLOU), BlueStar Israel Technology ETF (ITEQ), iShares MSCI Israel ETF (EIS), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), ARK Israel Innovative Technology ETF (IZRL), VanEck Israel ETF (ISRA), WisdomTree Cloud Computing Fund (WCLD) and First Trust Cloud Computing ETF (SKYY).

Wix.com updated its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $380.00 million-$385.00 million, compared to the consensus revenue estimate of $377.46 million.

205 employees have rated Wix.com Chief Executive Officer Avishai Abrahami on Glassdoor.com. Avishai Abrahami has an approval rating of 96% among the company's employees. This puts Avishai Abrahami in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Wix.com investors own include NVIDIA (NVDA), Block (SQ), Shopify (SHOP), Trade Desk (TTD), Netflix (NFLX), PayPal (PYPL), Okta (OKTA), Salesforce (CRM), Twilio (TWLO) and Tesla (TSLA).

Wix.com trades on the NASDAQ under the ticker symbol "WIX."

Wix.com's stock is owned by many different retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (14.13%), BlackRock Inc. (6.69%), Principal Financial Group Inc. (3.57%), Starboard Value LP (3.47%), Jackson Square Partners LLC (3.36%) and Dorsey Asset Management LLC (2.56%).

Shares of WIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WIX stock can currently be purchased for approximately $76.25.

Wix.com (NASDAQ:WIX) has a market capitalization of $4.33 billion and generates $1.39 billion in revenue each year. The information services provider earns $-424,860,000.00 in net income (profit) each year or ($3.58) on an earnings per share basis.

The company employs 4,742 workers across the globe.

Wix.com's mailing address is 40 NAMAL TEL AVIV ST., TEL AVIV L3, 6701101. The official website for the company is www.wix.com. The information services provider can be reached via phone at (723) 545-4900 or via email at ir@wix.com.