Wix Reports First Quarter 2024 Results
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Wix.com (WIX) PT Raised to $190 at RBC Capital
May 21, 2024 6:14 AM EDTRBC Capital analyst Brad Erickson raised the price target on Wix.com (NASDAQ: WIX) to $190.00 (from $160.00) while maintaining a Outperform rating.
The analyst comments "WIX's Q1 was sterling. The company beat and meaningfully raised its bookings and FCF outlook as new product AI & up-market product... More
Wix.com (WIX) PT Raised to $200 at Oppenheimer
May 20, 2024 4:15 PM EDTOppenheimer analyst Ken Wong raised the price target on Wix.com (NASDAQ: WIX) to $200.00 (from $160.00) while maintaining a Outperform rating.
The analyst comments "Wix delivered strength across all investment time horizons with solid 1Q results complemented by 2H bookings acceleration, higher FY25 ceiling,... More
Wix.com (WIX) PT Raised to $160 at Jefferies
May 20, 2024 8:19 AM EDTJefferies analyst Brent Thill raised the price target on Wix.com (NASDAQ: WIX) to $160.00 (from $150.00) while maintaining a Buy rating.
The analyst comments "WIX extended the solid momentum from Q4 into Q1, with mounting signs of acceleration. High end of... More
Wix.com (WIX) PT Raised to $148 at JPMorgan
May 20, 2024 5:27 AM EDTJPMorgan analyst Alexei Gogolev raised the price target on Wix.com (NASDAQ: WIX) to $148.00 (from $127.00) while maintaining a Neutral rating.
The analyst comments "We raised WIX PT by 17% to $148/sh on the back of sequential re-acceleration of bookings growth to 10% yoy and... More
Citi Reiterates Buy Rating on Wix.com (WIX)
May 20, 2024 5:14 AM EDTCiti analyst Ygal Arounian reiterated a Buy rating and $175.00 price target on Wix.com (NASDAQ: WIX).
The analyst comments"Wix reported a 1Q beat, and raised FY24 guidance across the board, particularly the FCF guidance (at 26%, now higher than initially expected for 2025). Management also... More
