|Bid||65.10 x 800|
|Ask||65.49 x 800|
|Day's Range||63.53 - 65.94|
|52 Week Range||53.12 - 309.00|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 15, 2022 - Feb 21, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||127.38|
Needham analyst Bernie McTernan reiterated a Buy rating and $85 price target on Wix.com Ltd (NASDAQ: WIX) following a round of web developer checks. He spoke with 22 developers in the WIX Marketplace to shed light on the broader funnel. They did not indicate any improvement. Failure of the funnel to return puts his 2H'22E and '23E estimates at risk. In a note titled "Developer Checks Point to Continued Funnel Weakness," he provided a scenario analysis contemplating the funnel lower for longer an
Shares of digital platform company Wix.com (NASDAQ: WIX) popped on Wednesday after the company announced it has a $500 million plan in place. To be sure, today's broad market rally certainly helped Wix stock. In the filing, it notes that the company is authorized to spend $500 million either repurchasing shares or repurchasing convertible notes.
Wix.com (WIX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.