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NASDAQ:WIX

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

$162.78
-2.05 (-1.24%)
(As of 03:34 PM ET)
Today's Range
$162.62
$165.00
50-Day Range
$118.87
$173.00
52-Week Range
$73.39
$174.09
Volume
257,526 shs
Average Volume
635,796 shs
Market Capitalization
$9.31 billion
P/E Ratio
142.79
Dividend Yield
N/A
Price Target
$172.24

Wix.com MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
4.7% Upside
$172.24 Price Target
Short Interest
Healthy
2.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.46mentions of Wix.com in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
117.24%
From $1.16 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.

3.82 out of 5 stars

Computer And Technology Sector

189th out of 604 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

16th out of 57 stocks

WIX stock logo

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

WIX Stock News Headlines

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
Wix.com (WIX) Stock Price prediction: Is It a Buy?
Wix.com (WIX) Stock Price prediction: Is It a Buy?
Wix.com (NASDAQ:WIX) Price Target Raised to $180.00
Piper Sandler Lowers Wix.com (NASDAQ:WIX) to Neutral
Wix.com (NASDAQ:WIX) Price Target Raised to $202.00
Wix.com (NASDAQ:WIX) PT Raised to $210.00 at Benchmark
B. Riley Raises Wix.com (NASDAQ:WIX) Price Target to $180.00
Wix.com Unusual Options Activity
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
5/30/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:WIX
Fax
N/A
Employees
4,600
Year Founded
2006

Price Target and Rating

Average Stock Price Target
$172.24
High Stock Price Target
$210.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$33.14 million
Pretax Margin
4.88%

Debt

Sales & Book Value

Annual Sales
$1.56 billion
Cash Flow
$1.29 per share
Book Value
($3.40) per share

Miscellaneous

Free Float
53,628,000
Market Cap
$9.33 billion
Optionable
Optionable
Beta
1.34

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Key Executives

  • Mr. Avishai Abrahami (Age 53)
    Co-Founder, Honorary Chairman & CEO
    Comp: $133k
  • Mr. Nir Zohar (Age 45)
    President & COO
    Comp: $106k
  • Mr. Menashe Lior Shemesh (Age 55)
    Chief Financial Officer
    Comp: $332k
  • Mr. Yaniv Even-Haim (Age 49)
    Chief Technology Officer
    Comp: $293k
  • Mr. Omer Shai (Age 47)
    Chief Marketing Officer
    Comp: $302k
  • Ms. Shelly Meyer (Age 57)
    Chief People Officer
    Comp: $292k
  • Mr. Giora Kaplan (Age 54)
    Co-Founder & Advisor
    Comp: $532.8k
  • Mr. Nadav Abrahami
    Co-Founder & VP of Client Development
  • Mr. Joe Pollaro (Age 47)
    Head of Investor Relations
  • Mr. Eitan Israeli Adv. (Age 56)
    Chief Legal Officer

WIX Stock Analysis - Frequently Asked Questions

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

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wix.com in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities 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?

17 equities research analysts have issued 1-year price objectives for Wix.com's stock. Their WIX share price targets range from $100.00 to $210.00. On average, they expect the company's stock price to reach $172.24 in the next year. This suggests a possible upside of 4.7% 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 2024?

Wix.com's stock was trading at $123.02 at the beginning of the year. Since then, WIX shares have increased by 33.7% and is now trading at $164.50.
View the best growth stocks for 2024 here
.

Are investors shorting Wix.com?

Wix.com saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,360,000 shares, an increase of 17.2% from the April 30th total of 1,160,000 shares. Based on an average daily trading volume, of 628,900 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.5% of the company's 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, August 1st 2024.
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, February, 21st. The information services provider reported $1.22 EPS for the quarter, beating the consensus estimate of $0.98 by $0.24. The information services provider earned $403.80 million during the quarter, compared to analysts' expectations of $416.87 million. Wix.com had a net margin of 4.20% and a negative trailing twelve-month return on equity of 59.67%. The business's quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.42) earnings per share.

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

Wix.com updated its second quarter 2024 earnings guidance on Tuesday, May, 21st. The company provided earnings per share (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 variety of retail and institutional investors. Top institutional shareholders 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
This page (NASDAQ:WIX) was last updated on 5/30/2024 by MarketBeat.com Staff

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