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, 6 hold ratings and 8 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.

15 analysts have issued twelve-month price objectives for Wix.com's stock. Their WIX share price forecasts range from $78.00 to $251.00. On average, they expect the company's share price to reach $120.38 in the next year. This suggests a possible upside of 44.6% from the stock's current price.
View analysts price targets for WIX or view top-rated stocks among Wall Street analysts.

Wix.com's stock was trading at $157.79 at the beginning of 2022. Since then, WIX stock has decreased by 47.2% and is now trading at $83.24.
View the best growth stocks for 2022 here.

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) 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. The information services provider earned $345.20 million during the quarter, compared to analysts' expectations 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%. Wix.com's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($1.01) EPS.

Wix.com updated its FY 2022 earnings guidance on Friday, September, 9th. The company provided earnings per share 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."

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.

One share of WIX stock can currently be purchased for approximately $83.24.

Wix.com (NASDAQ:WIX) has a market capitalization of $4.77 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.