Wix.com - WIX Stock Forecast, Price & News

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.
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15 Wall Street research analysts have issued 1-year target prices for Wix.com's shares. Their WIX share price forecasts range from $78.00 to $251.00. On average, they predict 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.
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Wix.com's stock was trading at $157.79 at the beginning of 2022. Since then, WIX stock has decreased by 53.9% and is now trading at $72.67.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our WIX earnings forecast.

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

Wix.com updated its FY 2022 earnings guidance on Friday, September, 9th. 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.

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 a number 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%), Legal & General Group Plc (1.12%) and Sei Investments Co. (1.03%).

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 $72.67.

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.

The company employs 5,057 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.