Wix.com (WIX) PT Raised to $148 at JPMorgan

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Wix.com (WIX) PT Raised to $196 at CFRA

May 22, 2024 5:34 AM EDT

CFRA analyst Siti Salikin raised the price target on Wix.com (NASDAQ: WIX) to $196.00 (from $155.00) while maintaining a Buy rating.

The analyst comments "We lift our target price to $196 (from $155), an implied 2024 P/S of 6.3x on decent projected revenue... More

Wix.com (WIX) PT Raised to $190 at RBC Capital

May 21, 2024 6:14 AM EDT

RBC 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 EDT

Oppenheimer 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 EDT

Jefferies 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

Citi Reiterates Buy Rating on Wix.com (WIX)

May 20, 2024 5:14 AM EDT

Citi 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

Wix.com (WIX) Tops Q1 EPS by 26c; raises guidance

May 20, 2024 4:13 AM EDT

Wix.com (NASDAQ: WIX) reported Q1 EPS of $1.29, $0.26 better than the analyst estimate of $1.03. Revenue for the quarter came in at $419.8 million versus the consensus estimate of $417.9 million.

GUIDANCE:

Wix.com sees Q2 2024 revenue of $431-435 million, versus the consensus... More