Website creator Wix.com profit beats estimates, sees $2 billion revenue in 2025
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February 20, 2025 5:28 AM EST
Raymond James analyst Josh Beck reiterated a Strong Buy rating and $300.00 price target on Wix.com (NASDAQ: WIX)
The analyst comments "The call: Reiterate Strong Buy on WIX (recent upgrade on Studio thesis) on quality bookings beat led by Studio momentum with further potential tailwinds tied to... More
February 20, 2025 5:05 AM EST
Citi analyst Ygal Arounian raised the price target on Wix.com (NASDAQ: WIX) to $280.00 (from $275.00) while maintaining a Buy rating.
The analyst comments "Wix reported a strong 4Q with bookings and FCF ahead of expectations, and guidance implies continued top-line momentum and meaningful margin... More
February 19, 2025 2:51 PM EST
Raymond James analyst Josh Beck reiterated a Strong Buy rating and $300.00 price target on Wix.com (NASDAQ: WIX).
The analyst comments "The call: Reiterate Strong Buy on WIX (recent upgrade on Studio thesis) on quality bookings beat led by Studio momentum with further potential tailwinds tied to improve AI Website Builder conversion, momentum with recently launched products (e.g. AI Site Chat potentially consumption pricing, AI Website Builder), and TBD launched self-creator products (i.e. extending beyond core website to... More
February 19, 2025 2:21 PM EST
Morgan Stanley analyst Elizabeth Elliott raised the price target on Wix.com (NASDAQ: WIX) to $279.00 (from $276.00) while maintaining a Overweight rating.
The analyst comments "Q4 results delivered a strong end to the year while FY25 guidance reflects durability in growth fueled by product innovation.... More
February 19, 2025 1:29 PM EST
Oppenheimer analyst Ken Wong reiterated an Outperform rating and $250.00 price target on Wix.com (NASDAQ: WIX).
The analyst comments "Wix delivered solid 4Q results with bookings, revenue, and FCF ($464.6M/$460.5M/$133.7M) largely consistent with consensus estimates ($463M/$462M/$128M) driven by Studio, AI, Partners,... More
February 19, 2025 5:44 AM EST
Jefferies analyst Brent Thill raised the price target on Wix.com (NASDAQ: WIX) to $265.00 (from $260.00) while maintaining a Buy rating.
The analyst comments "FY25 rev guide 14-16% growth ex-FX (12-14% as reported) marks acceleration from FY24 growth 13%. More impressive is FCF mgn guide... More
