Wix Reports Third Quarter 2024 Results
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Wix.com (WIX) PT Raised to $250 at Benchmark
November 21, 2024 7:44 AM ESTBenchmark analyst Mark Zgutowicz raised the price target on Wix.com (NASDAQ: WIX) to $250.00 (from $225.00) while maintaining a Buy rating.
The analyst comments "WIXs 3Q results and outlook demonstrate its sustainable topline-driven leverage profile and consistent scale of incremental flow through to FCF. Management... More
Wix.com (WIX) PT Raised to $235 at Needham
November 21, 2024 7:14 AM ESTNeedham analyst Bernie McTernan raised the price target on Wix.com (NASDAQ: WIX) to $235.00 (from $200.00) while maintaining a Buy rating.
The analyst comments "We maintain our Buy Rating and increase our price target to $235 from $200 on higher estimates and a higher target... More
Wix.com (WIX) PT Raised to $245 at RBC Capital
November 21, 2024 6:55 AM ESTRBC Capital analyst Brad Erickson raised the price target on Wix.com (NASDAQ: WIX) to $245.00 (from $190.00) while maintaining a Outperform rating.
The analyst comments "WIXs Q3 was strong with a strong beat & raise in terms of Bookings & FCF. Most favorably, the companys... More
Wix.com (WIX) PT Raised to $260 at Citi
November 21, 2024 5:36 AM ESTCiti analyst Ygal Arounian raised the price target on Wix.com (NASDAQ: WIX) to $260.00 (from $202.00) while maintaining a Buy rating.
The analyst comments "Wix reported strong 3Q24 results, and a stronger 4Q24 outlook. That strength is helping lead to greater confidence into a... More
Wix.com (WIX) PT Raised to $236 at Barclays
November 20, 2024 12:32 PM ESTBarclays analyst Trevor Young raised the price target on Wix.com (NASDAQ: WIX) to $236.00 (from $184.00) while maintaining a Overweight rating.
The analyst comments "Another solid print although we had hoped self-creator would be growing a bit faster by now. Partner, bus. solutions both... More
Morgan Stanley Reiterates Equalweight Rating on Wix.com (WIX)
November 20, 2024 6:00 AM ESTMorgan Stanley analyst Elizabeth Elliott reiterated an Equalweight rating and $187.00 price target on Wix.com (NASDAQ: WIX).
The analyst comments "We highlight 5 takeaways ahead of the conference call. Topline & profitability upside to Q3 coupled with a raise to implied Q4 revenue, billings & FCF... More
Wix.com (WIX) PT Raised to $228 at BofA Securities
November 20, 2024 5:43 AM ESTBofA Securities analyst Michael McGovern raised the price target on Wix.com (NASDAQ: WIX) to $228.00 (from $190.00) while maintaining a Buy rating.
The analyst comments "Reported Revenue/FCF of $444.7mn/$129mn, vs. Street at $443.7mn/$117mn, with bookings growth of 16% y/y as Studio subscriptions... More
