Wix Com Nasdaq Company Overview and Market Analysis

Wix.com is a leading cloud-based web development platform that has made a significant impact on the digital landscape. Founded in 2006 by Avishai Abrahami, Nadav Abrahami, and Giora Kaplan, the company has grown exponentially, with its website editor being used by over 140 million users worldwide.

Wix.com went public on the NASDAQ stock exchange in 2013, raising $120 million in its initial public offering. Today, the company has a market capitalization of over $10 billion.

Wix.com has expanded its offerings to include a range of products and services, including Wix ADI, a drag-and-drop website builder, and Wix Code, a development platform for building custom web applications. The company's platform supports over 500 customizable templates and offers a range of features, including e-commerce tools, marketing and SEO tools, and more.

Wix.com has a market capitalization of $4.69 billion, which is a significant indicator of its financial size and influence.

The company's price-to-earnings ratio is -10.63, suggesting that investors are willing to pay a relatively low price for each dollar of Wix's earnings.

Wix.com's 50-day moving average is $66.89, while its 200-day moving average is $73.02, indicating some volatility in the company's stock price over the past two months.

Analysts have a consensus rating of "Hold" for Wix.com, with a consensus target price of $129.13, based on the ratings from multiple research firms.

The company has a debt-to-equity ratio of 6.33, which is relatively high compared to other companies in the industry.

Wix.com has a current ratio of 1.04 and a quick ratio of 1.04, indicating that it has sufficient liquidity to meet its short-term financial obligations.

The company's strong revenue and earnings growth have been driven by its expanding margins and cash flow, as noted by analyst upgrades and positive earnings reports.

Wix.com is listed on the NASDAQ stock exchange, and as of now, its share price is around $218.91. This is a significant increase from its 52-week low of $100.00.

The company's 52-week high is $224.33, showing a strong performance in the past year. Its 11-month change is 33.08%, and the 3-month change is 34.04%. This indicates a steady growth trend.

Wix.com has a beta of 1.47, which means its stock price is more volatile compared to the overall market. This is a factor to consider for investors.

The company has a total of 55.97 million shares outstanding, with a 2.39% increase in one year. This shows a steady growth in the number of shares.

Here's a breakdown of the share statistics:

Wix.com's valuation is rated 1 out of 6 by the Snowflake Score, indicating a relatively low valuation. However, its future growth potential is rated 5 out of 6, showing a strong potential for growth.

Wix.com is firing on all cylinders, with revenue and earnings growing 12% and 32% year-over-year respectively, beating estimates.

Piper Sandler analyst Clarke Jeffries has upgraded Wix.com's stock to Overweight, with a raised price target from $184 to $200, citing expanding margins and cash flow.

Wix.com's strong user acquisition and retention across its Self Creator and Partner platforms has led to its impressive growth, making it a long-term growth opportunity.

Wix is firing on all cylinders, with revenue and earnings growing 12% and 32% year over year respectively, beating estimates.

This impressive growth is led by strong user acquisition and retention across its Self Creator and Partner platforms. Wix's ability to attract and keep users is a key driver of its success.

The company's Q2 FY24 earnings report shows a significant increase in revenue and earnings, demonstrating its strong financial performance. Wix's focus on user growth is clearly paying off.

Piper Sandler analyst Clarke Jeffries upgraded Wix.com's stock to Overweight, indicating a strong growth potential. He raised the price target from $184 to $200, showing confidence in the company's future prospects.

Wix's focus on profitability is also increasing, with its Business Solutions revenues showing continued growth momentum. This focus on profitability will likely lead to even more impressive financial results in the future.

Oppenheimer, an investment company with over $126 billion in assets under management, has identified a few companies they believe will do well for the next twelve months.

Analysts at Oppenheimer have recommended buying Broadcom stocks, a company they believe will perform well in the coming year.

Oppenheimer's analysts have also suggested buying DraftKings stocks, a company they see as a promising investment opportunity.

Goldman Sachs is another company that Oppenheimer's analysts have recommended buying, citing its potential for growth.

Oppenheimer is an investment company with a significant amount of assets under management, which suggests that their analysts have a thorough understanding of the market and its trends.

Wix.com has had a busy year, with several notable events happening in 2024. The company released its Q3 2024 Earnings Report on November 20, 2024, with an actual EPS of 0.460 USD.

One of the most recent events was the Q2 2024 Earnings Release, which took place on August 7, 2024. The actual EPS for this quarter was 0.680 USD.

Wix.com also released its Q1 2024 Earnings Report on May 20, 2024, with an actual EPS of 0.410 USD.

Here's a summary of Wix.com's recent earnings reports:

The company's Q4 2023 Earnings Release was released on February 21, 2024, with an actual EPS of 0.050 USD.