Wix Reports First Quarter 2021 Results

Go back to Wix Reports First Quarter 2021 Results

Wix.com (WIX) PT Lowered to $250 at Rosenblatt

May 13, 2021 7:07 AM EDT

Rosenblatt analyst Terry Walsh lowered the price target on Wix.com (NASDAQ: WIX) to $250.00 (from $270.00) while maintaining a Neutral rating.

The analyst commented, "Following easy LTM COVID sub gains and payments momentum, we raise our '22E and beyond operating expense profile as we... More

Wix.com (WIX) PT Lowered to $310 at Needham & Company

May 13, 2021 7:03 AM EDT

Needham & Company analyst Bernie McTernan lowered the price target on Wix.com (NASDAQ: WIX) to $310.00 (from $340.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating and lower our target to $310 on a lower target multiple. There... More

Wix.com (WIX) PT Lowered to $300 at Raymond James Following Earnings

May 12, 2021 1:40 PM EDT

Raymond James analyst Aaron Kessler lowered the price target on Wix.com (NASDAQ: WIX) to $300.00 (from $330.00) while maintaining an Outperform rating.

The analyst commented, "Wix delivered mixed 1Q results with solid Business Solutions momentum (driven by eCommerce) though lower-than-expected Creative Subscriptions revenues... More

Wix.com (WIX) Tops Q1 EPS by 10c, Offers Q2 and FY Guidance

May 12, 2021 6:24 AM EDT

Wix.com (NASDAQ: WIX) reported Q1 EPS of ($0.54), $0.10 better than the analyst estimate of ($0.64). Revenue for the quarter came in at $304 million versus the consensus estimate of $295.24 million.

GUIDANCE:

Wix.com sees Q2 2021 revenue of $308-312 million, versus the... More