U.S. markets close in 4 hours 13 minutes

Wix.com Ltd. (WIX)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
Add to watchlist
275.28-3.19 (-1.14%)
As of 11:46AM EDT. Market open.
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Momentum

Momentum

Previous Close278.47
Open280.00
Bid275.09 x 800
Ask275.40 x 800
Day's Range273.26 - 280.21
52 Week Range76.81 - 319.34
Volume248,076
Avg. Volume972,785
Market Cap15.173B
Beta (5Y Monthly)1.86
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Oppenheimer Sees 20% Upside In WIX Stock
    SmarterAnalyst

    Oppenheimer Sees 20% Upside In WIX Stock

    Wix.com has soared over 138% so far this year yet Oppenheimer sees more upside lying ahead, on the back of strong subscriber growth in the most recent quarter.On August 7, Oppenheimer analyst Jason Helfstein raised Wix.com’s (WIX) price target to $350 (20% upside potential) from $305 and reaffirmed a Buy rating. Helfstein said that “Q2 record user additions, higher conversion to paid, and shift to eCommerce plans position Wix for accelerated collections growth.” He further noted that “July trends show continued new cohort strength into Q3.”On the same day, JMP Securities analyst Ronald Josey also lifted the stock’s price target stating that the company is likely to continue benefiting from "accelerating mix-shift toward digital" solutions. He raised the price target to $363 (24.5% upside potential) from $210 and reiterated a Buy rating.On August 6, Wix reported that 2Q revenues increased 27% to $236.1 million year-on-year, beating the Street consensus of $233.3 million. During the quarter, the company added more than 9.3 million registered users, reflecting a 64% increase from the year-ago quarter.Overall, WIX has a Strong Buy analyst consensus. The average price target of $308.12 implies upside potential of 5.7% to current levels. (See WIX stock analysis on TipRanks).Related News: Wix Plunging 10% As Earnings Fall Far Below Expectations Stifel Lifts EPAM Systems’ PT After Strong 2Q Results Cloudflare Beats 2Q Estimates On Strong Customer Growth More recent articles from Smarter Analyst: * Twitter Held Early Talks To Buy TikTok's US Operations - Report * Amarin’s Vascepa To Take Part In Covid-19 Study In Adults With Heart Disease * FedEx Gains 7% On Delivery Rate Hikes, Stephens Lifts PT * Mizuho Lifts NortonLifeLock’s PT After Strong 1Q Results

  • Wix.com (WIX) Q2 Earnings Miss Estimates, Revenues Beat
    Zacks

    Wix.com (WIX) Q2 Earnings Miss Estimates, Revenues Beat

    Wix.com (WIX) second-quarter results reflect growing user and premium subscription base amid strong growth in online selling activity due to coronavirus crisis-induced Internet demand.

  • Wix Plunging 10% As Earnings Fall Far Below Expectations
    SmarterAnalyst

    Wix Plunging 10% As Earnings Fall Far Below Expectations

    Shares in web developer Wix.com (WIX) are dropping 10% in Thursday’s trading after its second quarter earnings fell short of investor expectations.Specifically, Q2 Non-GAAP EPS of -$0.26 missed Street estimates by $0.51 while GAAP EPS of -$1.06 also missed consensus by $0.56 due to increased investment in marketing.On the positive side, revenue of $236.06M beat Street estimates by $3.09M- and represented year-over-year growth of 27.3%. Creative Subscriptions revenue came in at $190.2M, up 21% year-over-year, with Business Solutions revenue of $45.9M, up 62% year-over-year.Lior Shemesh, CFO of Wix referred to an ‘immense uplift in demand’ in recent months, driven by the rapidly increasing importance of having an online presence.“We are responding to this continued heightened demand by increasing our investment in marketing, which based on our historical data, will drive continued collections and revenue growth in the near future” he stated.Indeed, WIX added a record 9.3M users (up 18% year-over-year) and 346,000 net premium subscriptions (up 17%) in the second quarter, with users purchasing Business and eCommerce subscription packages and annual and multi-year packages at a higher frequency.The company also revealed that it is expecting revenue growth of 26-27% year-over-year and collections growth of 31-34% year-over-year in the third quarter. That’s alongside free cash flow of $16-18M (down 38-45%).“Wix is taking market share during the pandemic with 50% of users coming to Wix with a domain registered elsewhere, and the company continued to lean in on marketing spend in Q2” comments RBC Capital analyst Mark Mahaney.He thinks Revenue could potentially accelerate in H2 with the sustained momentum for Digital Presence and the launch of Editor X in July expanding Wix’s Agency opportunity. Indeed, Wix is trying to beef up its e-Commerce capabilities to close the gap with competitors like SHOP.As a result, the analyst has a buy rating on the stock with a $350 price target. Despite shares having more than doubled year-to-date Mahaney’s price target indicates further upside potential still lies ahead. (See WIX stock analysis on TipRanks).Overall WIX scores a bullish Strong Buy consensus from the Street although the average analyst price target indicates that shares will continue to pull back from current levels.Related News: Zimmer Biomet Slips 3.7% On 2Q Profit Decline Roku Tops 2Q Estimates But Cautions About Ad Outlook 3D Systems Drops 7% In After-Hours On Wider-Than-Expected 2Q Loss More recent articles from Smarter Analyst: * Live Nation 2Q Loss Widens; Shares Decline * Barclays Upgrades Wayfair, Lifts PT After 2Q Sales Beat * Bausch Health To Spin Off Eye Care Business; Shares Surge 18% * WDC Sinks 11% In Pre-Market On Earnings Outlook Miss