S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
NASDAQ:WIX

Wix.com - WIX Stock Forecast, Price & News

$72.67
-2.24 (-2.99%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$70.96
$73.63
50-Day Range
$54.53
$78.03
52-Week Range
$53.12
$234.99
Volume
1.17 million shs
Average Volume
1.20 million shs
Market Capitalization
$4.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$129.13

Wix.com MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
77.7% Upside
$129.13 Price Target
Short Interest
Bearish
8.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.27mentions of Wix.com in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($5.36) to ($4.15) Per Share

Overall MarketRank

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

2.30 out of 5 stars

Computer And Technology Sector

302nd out of 667 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

26th out of 67 stocks

WIX stock logo

About Wix.com (NASDAQ:WIX) Stock

Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables anyone 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; and Corvid by Wix to create websites and web applications. It also provides Ascend by Wix, which offers its users access to a suite of approximately 20 products or features enabling them to connect with their customers, automate their work, and grow their business; 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 Arena, an online marketplace that brings users seeking help in creating and managing a website, together with Web experts; and Wix App, a native mobile application, which enables users to manage their Websites and Wix operating systems. As of December 31, 2021, the company had approximately 222 million registered users and 6 million premium subscriptions. The company was formerly known as Wixpress Ltd. Wix.com Ltd. was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

Wix.com Trading Down 3.0 %

Shares of WIX opened at $72.67 on Thursday. The stock has a market cap of $4.16 billion, a PE ratio of -9.65 and a beta of 1.34. The firm's fifty day moving average is $65.28 and its two-hundred day moving average is $78.84. Wix.com has a 52-week low of $53.12 and a 52-week high of $234.99. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 6.33.

Wix.com (NASDAQ:WIX - Get Rating) last issued its quarterly earnings data on Wednesday, August 10th. The information services provider reported ($0.14) earnings per share for the quarter, beating analysts' consensus estimates of ($0.39) by $0.25. Wix.com had a negative return on equity of 333.40% and a negative net margin of 32.40%. The business had revenue of $345.20 million during the quarter, compared to analysts' expectations of $344.33 million. During the same period in the previous year, the firm posted ($1.01) earnings per share. The company's revenue was up 9.1% on a year-over-year basis. Research analysts forecast that Wix.com will post -5.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. JMP Securities dropped their target price on shares of Wix.com from $130.00 to $100.00 and set a "market outperform" rating on the stock in a report on Thursday, July 14th. Oppenheimer reiterated a "market perform" rating on shares of Wix.com in a research report on Wednesday, July 27th. Wedbush reiterated an "outperform" rating on shares of Wix.com in a report on Monday, May 16th. Needham & Company LLC reiterated a "buy" rating and issued a $85.00 target price on shares of Wix.com in a research note on Wednesday, June 29th. Finally, Morgan Stanley upped their price target on shares of Wix.com from $77.00 to $89.00 and gave the company an "equal weight" rating in a research note on Thursday, August 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $129.13.

Receive WIX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Wix.com and its competitors with MarketBeat's FREE daily newsletter.

WIX Stock News Headlines

Shopify Stock May be a Bargain at These Levels (WIX)
E-commerce infrastructure platform Shopify (NYSE: SHOP) stock has crumbled a whopping (-77%) in 2022. The popular commerce platform paves the way for digital transformation by enabling small businesses to set up shop online
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Wix.com (NASDAQ:WIX) PT Raised to $80.00
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Company News for Aug 11, 2022 - Yahoo Finance
Company News for Aug 11, 2022 - Nasdaq
Why Wix Stock Jumped Higher Today
Wix.com (WIX) Q2 2022 Earnings Call Transcript
2 Mistakes Shopify Has to Fix - Nasdaq
Wix.com (WIX) to Release Earnings on Wednesday
StockNews.com Lowers Wix.com (NASDAQ:WIX) to Sell
See More Headlines
Receive WIX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Wix.com and its competitors with MarketBeat's FREE daily newsletter.

WIX Company Calendar

Last Earnings
8/10/2022
Today
8/17/2022
Next Earnings (Estimated)
11/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:WIX
Fax
N/A
Employees
5,057
Year Founded
2006

Price Target and Rating

Average Stock Price Forecast
$129.13
High Stock Price Forecast
$251.00
Low Stock Price Forecast
$78.00
Forecasted Upside/Downside
+77.7%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
15 Analysts

Profitability

Net Income
$-117,210,000.00
Pretax Margin
-33.90%

Debt

Sales & Book Value

Annual Sales
$1.27 billion
Book Value
($1.56) per share

Miscellaneous

Free Float
N/A
Market Cap
$4.16 billion
Optionable
Optionable
Beta
1.34

Social Links


Key Executives

  • Mr. Avishai Abrahami (Age 51)
    Co-Founder, Honorary Chairman & CEO
    Comp: $400k
  • Mr. Nir Zohar (Age 44)
    Pres & COO
    Comp: $346k
  • Mr. Menashe Lior Shemesh (Age 53)
    Chief Financial Officer
    Comp: $364k
  • Mr. Yaniv Even-Haim (Age 47)
    Chief Technology Officer
    Comp: $360k
  • Mr. Omer Shai (Age 45)
    Chief Marketing Officer
    Comp: $349k
  • Mr. Giora Kaplan (Age 52)
    Co-Founder & Advisor
  • Mr. Nadav Abrahami
    Co-Founder & VP of Client Devel.
  • Mr. Eitan Israeli Adv. (Age 54)
    Chief Legal Officer
  • Ms. Shelly Meyer (Age 56)
    Chief People Officer
  • Mr. Yoav Abrahami
    Chief Architect of R&D













WIX Stock - Frequently Asked Questions

Should I buy or sell Wix.com stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wix.com in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WIX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WIX, but not buy additional shares or sell existing shares.
View WIX analyst ratings
or view top-rated stocks.

What is Wix.com's stock price forecast for 2022?

15 analysts have issued 12-month target prices for Wix.com's stock. Their WIX share price forecasts range from $78.00 to $251.00. On average, they anticipate the company's share price to reach $129.13 in the next twelve months. This suggests a possible upside of 77.7% 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 2022?

Wix.com's stock was trading at $157.79 at the beginning of the year. Since then, WIX shares have decreased by 53.9% and is now trading at $72.67.
View the best growth stocks for 2022 here
.

When is Wix.com's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our WIX earnings forecast
.

How were Wix.com's earnings last quarter?

Wix.com Ltd. (NASDAQ:WIX) posted its quarterly earnings results on Wednesday, August, 10th. The information services provider reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.25. The information services provider had revenue of $345.20 million for the quarter, compared to analyst estimates of $344.33 million. Wix.com had a negative net margin of 32.40% and a negative trailing twelve-month return on equity of 333.40%. The company's revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted ($1.01) EPS.

What guidance has Wix.com issued on next quarter's earnings?

Wix.com updated its FY 2022 earnings guidance on Friday, August, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.37 billion-$1.40 billion, compared to the consensus revenue estimate of $1.41 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. (14.13%), Principal Financial Group Inc. (5.26%), Eminence Capital LP (2.82%), Clearbridge Investments LLC (1.68%), Sei Investments Co. (1.03%) and Shenkman Capital Management Inc. (0.88%).

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 $72.67.

How much money does Wix.com make?

Wix.com (NASDAQ:WIX) has a market capitalization of $4.16 billion and generates $1.27 billion in revenue each year. The information services provider earns $-117,210,000.00 in net income (profit) each year or ($7.53) on an earnings per share basis.

How many employees does Wix.com have?

The company employs 5,057 workers across the globe.

When was Wix.com founded?

Wix.com was founded in 2006.

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 8/18/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.