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

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wix.com in the last twelve months. There are currently 2 hold ratings and 14 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 target for 2024?

16 brokerages have issued twelve-month price objectives for Wix.com's stock. Their WIX share price targets range from $100.00 to $210.00. On average, they anticipate the company's stock price to reach $170.81 in the next year. This suggests a possible upside of 2.2% 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 2024?

Wix.com's stock was trading at $123.02 at the start of the year. Since then, WIX shares have increased by 35.9% and is now trading at $167.19. View the best growth stocks for 2024 here .

When is Wix.com's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our WIX earnings forecast .

How were Wix.com's earnings last quarter?

Wix.com Ltd. (NASDAQ:WIX) released its quarterly earnings results on Wednesday, February, 21st. The information services provider reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.24. The information services provider earned $403.80 million during the quarter, compared to the consensus estimate of $416.87 million. Wix.com had a net margin of 4.20% and a negative trailing twelve-month return on equity of 71.38%. Wix.com's revenue for the quarter was up 13.7% on a year-over-year basis. During the same period last year, the business earned ($0.42) 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 Amplify BlueStar Israel Technology ETF (ITEQ) , Global X Cloud Computing ETF (CLOU) , iShares MSCI Israel ETF (EIS) , VanEck Israel ETF (ISRA) , Neuberger Berman Next Generation Connected Consumer ETF (NBCC) , ARK Israel Innovative Technology ETF (IZRL) , WisdomTree Cloud Computing Fund (WCLD) and Counterpoint Quantitative Equity ETF (CPAI) .

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

Wix.com issued an update on its second quarter 2024 earnings guidance on Tuesday, May, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $431.0 million-$435.0 million, compared to the consensus revenue estimate of $435.2 million.

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) .

Who are Wix.com's major shareholders?

Wix.com's stock is owned by a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (13.56%), Acadian Asset Management LLC (4.01%), Lazard Asset Management LLC (3.21%), Clearbridge Investments LLC (2.09%), Principal Financial Group Inc. (1.70%) and Jackson Square Partners LLC (1.23%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

Top-Rated StocksTop-Rated Most-Upgraded StocksMost-Upgraded

NASDAQ:WIX

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

→ Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad)

Free WIX Stock Alerts

$167.19

-5.81 (-3.36%)

(As of 05/22/2024 ET)

Compare

Today's Range: $164.08
▼
$170.94
50-Day Range: $118.87
▼
$173.00
52-Week Range: $73.39
▼
$174.09

Volume: 2.11 million shs
Average Volume: 903,154 shs
Market Capitalization: $9.30 billion

P/E Ratio: 146.66
Dividend Yield: N/A
Price Target: $170.81

Get Wix.com alerts:

Wix.com MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 2.2% Upside
$170.81 Price Target
Short Interest: Healthy
2.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.05
Upright™ Environmental Score
News Sentiment: 0.60
Based on 65 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 44.00%
From $1.75 to $2.52 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.25 out of 5 stars

Computer And Technology Sector

158th out of 591 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

12th out of 58 stocks

2.4

Analyst's Opinion

Consensus Rating
Wix.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 14 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Wix.com has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Wix.com's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
2.17% 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 2.3, 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 2.65%, indicating that investor sentiment is decreasing.

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.

3.1

News and Social Media Coverage

News Sentiment
Wix.com has a news sentiment score of 0.60. 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 0.47 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 65 news articles for Wix.com this week, compared to 10 articles on an average week.
Search Interest
27 people have searched for WIX on MarketBeat in the last 30 days. This is an increase of 440% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Wix.com to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% 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
81.52% of the stock of Wix.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Wix.com's insider trading history.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Wix.com are expected to grow by 44.00% in the coming year, from $1.75 to $2.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wix.com is 146.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wix.com is 146.66, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 268.05.
Price to Earnings Growth Ratio
Wix.com has a PEG Ratio of 3.84. PEG Ratios above 1 indicate that a company could be overvalued.
Read more about Wix.com's valuation and earnings.

See Top Rated MarketRank™ Stocks Here

Ad Colonial Metals

This could mean the end of the U.S dollar…

Experts say global conflict and escalated tensions could send the U.S. economy spiraling… Which is why elites and billionaire investors turn to physical precious metals in times like these.

Download your FREE Precious Metals Guide Now.

About Wix.com Stock (NASDAQ:WIX)

Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their customers 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 Wix App Market, a marketplace that offers its registered users various free and paid web applications for building, growing, and managing their businesses; 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. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

WIX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WIX Stock News Headlines

May 20 at 12:06 PM | marketbeat.com

Norwegian Cruise Line, Wix.com rise; Cushman & Wakefield, Target fall, Monday, 5/20/2024

Stocks that are trading heavily or have substantial price changes on Monday: Norwegian Cruise Line, Wix

May 22 at 9:22 AM | markets.businessinsider.com

Wix’s Solid Performance Met with Cautious Hold Rating Amid Market Concerns