NASDAQ:WIX

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

$89.97

+0.04 (+0.04%)

(As of 09/22/2023 ET)

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Today's Range: $89.97
▼
$92.21
50-Day Range: $79.38
▼
$99.96
52-Week Range: $66.18
▼
$102.82

Volume: 389,461 shs
Average Volume: 820,740 shs
Market Capitalization: $5.11 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $113.88

Wix.com MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 26.2% Upside
$113.88 Price Target
Short Interest: Healthy
4.66% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.05
Upright™ Environmental Score
News Sentiment: 0.68
Based on 18 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Computer And Technology Sector

259th out of 585 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

18th out of 56 stocks

4.4

Analyst's Opinion

Consensus Rating
Wix.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.76, and is based on 13 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $113.88, Wix.com has a forecasted upside of 26.2% from its current price of $90.23.
Amount of Analyst Coverage
Wix.com has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
4.66% of the float of Wix.com has been sold short.
Short Interest Ratio / Days to Cover
Wix.com has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Wix.com has recently increased by 20.28%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Wix.com does not currently pay a dividend.
Dividend Growth
Wix.com does not have a long track record of dividend growth.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Wix.com has received a 16.01% net impact score from Upright. Wix.com seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Website hosting services", "Customer analytics services", and "E-commerce platform software" products. See details.
Environmental Sustainability
The Environmental Impact score for Wix.com is -1.05.

3.2

News and Social Media Coverage

News Sentiment
Wix.com has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Wix.com this week, compared to 6 articles on an average week.
Search Interest
Only 12 people have searched for WIX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
12 people have added Wix.com to their MarketBeat watchlist in the last 30 days. This is an increase of 140% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wix.com insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.20% of the stock of Wix.com is held by insiders.
Percentage Held by Institutions
83.91% of the stock of Wix.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Wix.com is -82.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wix.com is -82.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Wix.com (NASDAQ:WIX) Stock

Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables to create a website or web application in North America, Europe, Latin America, Asia, and internationally. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI that enables users to create a website for their specific needs. It also provides Wix Logo Maker that allows users to generate a logo using artificial intelligence; Wix Answers, a support infrastructure enabling its users to help their users across various channels; and Wix Payments, a payment platform, which helps its users receive payments from their users through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including App Market that offers its registered users the ability to install and uninstall a range of free and paid web applications; Wix marketplace that brings users seeking help in creating and managing a website, together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. and changed its name to Wix.com Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

WIX Price History

30 days | 90 days | 365 days | Advanced Chart

WIX Stock News Headlines

September 22, 2023 | msn.com

Squarespace top pick at UBS in web builder space, gets Buy rating with Wix.com

September 22, 2023 | finance.yahoo.com

Should You Hold Wix.com (WIX)?

September 22, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

September 22, 2023 | americanbankingnews.com

Wix.com (NASDAQ:WIX) Stock Rating Lowered by StockNews.com

September 21, 2023 | usnews.com

Wix vs. Squarespace Website Builders

September 21, 2023 | usnews.com

Wix Website Builder Review and Prices

September 21, 2023 | americanbankingnews.com

Wix.com Ltd. (NASDAQ:WIX) Receives Consensus Rating of "Moderate Buy" from Brokerages

September 20, 2023 | msn.com

Wix.com: Attractive Valuation Amidst Uncertainties

September 22, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

September 18, 2023 | msn.com

Wix wants to help you sell products both online and in person

September 18, 2023 | msn.com

Klaviyo IPO: 5 things to know about the digital marketer trying to cut through the spam

September 18, 2023 | finance.yahoo.com

Bull of the Day: Wix.com Ltd. (WIX)

September 18, 2023 | americanbankingnews.com

Critical Review: Sportradar Group (NASDAQ:SRAD) versus Wix.com (NASDAQ:WIX)

September 16, 2023 | msn.com

Choosing the Best Website Builder: Google Sites vs. Wix

September 16, 2023 | americanbankingnews.com

Wix.com Ltd. (NASDAQ:WIX) Short Interest Update

September 15, 2023 | finance.yahoo.com

Wix.com (WIX) Gains As Market Dips: What You Should Know

September 13, 2023 | benzinga.com

Wix Now Offers 'Tap to Pay' For Android Customers, Should You Buy The Stock?

September 13, 2023 | finance.yahoo.com

WIX Collaborates With Stripe to Launch Tap to Pay on Android

September 12, 2023 | finance.yahoo.com

Wix Launches Tap to Pay on Android to Make In-Person Commerce Easier for U.S. Merchants with Stripe

September 11, 2023 | finance.yahoo.com

WIX Collaborates With Webnames.ca to Help Canadian Entrepreneurs

September 7, 2023 | msn.com

Benchmark Reiterates Wix.com (WIX) Buy Recommendation

September 6, 2023 | msn.com

Wix.com (WIX) and Shift4 Payments (FOUR) Are Aggressive Growth Stocks

September 6, 2023 | markets.businessinsider.com

Wix.com Targets 13% Revenue Growth by 2025: What Analysts Are Saying About Its Upside Potential?

September 6, 2023 | finance.yahoo.com

Wix.com Ltd. (NASDAQ:WIX) Shares Could Be 45% Below Their Intrinsic Value Estimate

September 5, 2023 | markets.businessinsider.com

Oppenheimer Remains a Buy on Wix (WIX)

September 4, 2023 | finance.yahoo.com

Here's Why Wix.com (WIX) is a Great Momentum Stock to Buy

September 2, 2023 | msn.com

JMP Securities Maintains Wix.com (WIX) Market Outperform Recommendation

See More Headlines

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WIX Company Calendar

Last Earnings: 8/03/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:WIX
CUSIP: N/A
CIK: 1576789
Web: www.wix.com
Phone: (723) 545-4900
Fax: N/A
Employees: 4,742
Year Founded: 2006

Price Target and Rating

Average Stock Price Forecast: $113.88
High Stock Price Forecast: $130.00
Low Stock Price Forecast: $84.00
Forecasted Upside/Downside: +23.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-424,860,000.00
Net Margins: -4.31%
Pretax Margin: -4.43%
Return on Equity: N/A
Return on Assets: -2.19%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.17
Quick Ratio: 1.17

Sales & Book Value

Annual Sales: $1.39 billion
Price / Sales: 3.76
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($4.68) per share
Price / Book: -19.63

Miscellaneous

Outstanding Shares: 56,780,000
Free Float: 53,255,000
Market Cap: $5.22 billion
Optionable: Optionable
Beta: 1.24

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Key Executives

Mr. Avishai Abrahami (Age 52)
Co-Founder, Honorary Chairman & CEO
Comp: $390k

Mr. Nir Zohar (Age 45)
Pres & COO
Comp: $325k

Mr. Menashe Lior Shemesh (Age 54)
Chief Financial Officer
Comp: $322k

Mr. Yaniv Even-Haim (Age 48)
Chief Technology Officer
Comp: $320k

Mr. Omer Shai (Age 46)
Chief Marketing Officer
Comp: $317k

Mr. Giora Kaplan (Age 53)
Co-Founder & Advisor

Mr. Nadav Abrahami
Co-Founder & VP of Client Devel.

Mr. Joe Pollaro (Age 46)
Head of Investor Relations

Mr. Eitan Israeli Adv. (Age 55)
Chief Legal Officer

Ms. Shelly Meyer (Age 57)
Chief People Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

WIX Stock - Frequently Asked Questions

Should I buy or sell Wix.com stock right now?: 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wix.com in the last twelve months. There are currently 4 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WIX shares.
View WIX analyst ratings or view top-rated stocks.
What is Wix.com's stock price forecast for 2023?: 17 equities research analysts have issued 12 month target prices for Wix.com's stock. Their WIX share price forecasts range from $84.00 to $130.00. On average, they predict the company's share price to reach $113.88 in the next twelve months. This suggests a possible upside of 23.9% from the stock's current price.
View analysts price targets for WIX or view top-rated stocks among Wall Street analysts.
How have WIX shares performed in 2023?: Wix.com's stock was trading at $76.83 at the beginning of the year. Since then, WIX shares have increased by 19.6% and is now trading at $91.88.
View the best growth stocks for 2023 here.
Are investors shorting Wix.com?: Wix.com saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,550,000 shares, an increase of 20.3% from the August 15th total of 2,120,000 shares. Based on an average daily volume of 893,400 shares, the days-to-cover ratio is currently 2.9 days. Currently, 4.7% of the shares of the stock are sold short.
View Wix.com's Short Interest.
When is Wix.com's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our WIX earnings forecast.
How were Wix.com's earnings last quarter?: Wix.com Ltd. (NASDAQ:WIX) released its earnings results on Thursday, August, 3rd. The information services provider reported $1.26 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.72. The information services provider had revenue of $390 million for the quarter, compared to the consensus estimate of $384.55 million. Wix.com's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.94) earnings per share.
What ETFs hold Wix.com's stock?: 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), ARK Israel Innovative Technology ETF (IZRL), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), VanEck Israel ETF (ISRA), First Trust Cloud Computing ETF (SKYY) and ERShares NextGen Entrepreneurs ETF (ERSX).
What guidance has Wix.com issued on next quarter's earnings?: Wix.com updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.54 billion-$1.56 billion, compared to the consensus revenue estimate of $1.53 billion.

What is Avishai Abrahami's approval rating as Wix.com's CEO?: 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.
What other stocks do shareholders of Wix.com own?: 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).
What is Wix.com's stock symbol?: Wix.com trades on the NASDAQ under the ticker symbol "WIX."
Who are Wix.com's major shareholders?: Wix.com's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (13.99%), BlackRock Inc. (4.56%), Acadian Asset Management LLC (4.08%), Jackson Square Partners LLC (2.90%), Dorsey Asset Management LLC (2.45%) and Principal Financial Group Inc. (1.83%).
How do I buy shares of Wix.com?: 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.
Compare Top Brokerages Here.
What is Wix.com's stock price today?: One share of WIX stock can currently be purchased for approximately $91.88.
How much money does Wix.com make?: Wix.com (NASDAQ:WIX) has a market capitalization of $5.22 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 ($1.10) on an earnings per share basis.
How many employees does Wix.com have?: The company employs 4,742 workers across the globe.
Does Wix.com have any subsidiaries?: The following companies are subsidiares of Wix.com: Appixia, Dadotart Inc., DeviantArt Inc., DeviantArt Music Inc., Done.cx Inc., Done.cx Ltd., InkFrog Inc., Loyalblocks Ltd., Modalyst, Modalyst Inc., Moment.me, Netherlandix C.V., OpenRest, Rise AI e-Commerce Solutions Ltd., Rise.ai, SpeedETab, SpeedETab Inc., Wix Com India Private Limited, Wix Online Platform Limited, Wix Payments Canada Inc., Wix Procurement Ltd., Wix What Ltd., Wix.Com Germany GmbH, Wix.com (UK) Limited, Wix.com Australia Pty Ltd., Wix.com Brasil Serviços De Internet Ltda., Wix.com Colombia S.A.S., Wix.com France SAS, Wix.com Inc., Wix.com Japan K.K., Wix.com Luxemburg S.a.r.l, Wix.com Netherlands B.V., Wix.com Poland SP. Z O.O., Wix.com Services Mexico S de RL de C.V., Wix.com Singapore, Wix.com UAB, Wix.com Ukraine LLC, deviantART, and inkfrog.
Read More
How can I contact Wix.com?: 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.

This page (NASDAQ:WIX) was last updated on 9/22/2023 by MarketBeat.com Staff

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