Wix.com Ltd. (WIX)
| Market Cap | 7.03B |
| Revenue (ttm) | 1.51B |
| Net Income (ttm) | -8.79M |
| Shares Out | 57.16M |
| EPS (ttm) | -0.17 |
| PE Ratio | n/a |
| Forward PE | 26.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 383,138 |
| Open | 125.00 |
| Previous Close | 125.03 |
| Day's Range | 122.93 - 126.46 |
| 52-Week Range | 70.28 - 127.42 |
| Beta | 1.29 |
| Analysts | Strong Buy |
| Price Target | 119.47 (-2.89%) |
| Earnings Date | Feb 21, 2024 |
About WIX
Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables to create a website or web application in North America, Europe, Latin America, Asia, and internationally. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI that enables users to create a website for their specific needs. It also provides Wix Logo Maker that allows users to generate a logo using artificial intelligence; Wix Answers, a support infrastructure enabling its users to... [Read more]
Financial Performance
In 2022, Wix.com's revenue was $1.39 billion, an increase of 9.29% compared to the previous year's $1.27 billion. Losses were -$424.86 million, 262.5% more than in 2021.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for WIX stock is "Strong Buy." The 12-month stock price forecast is $119.47, which is a decrease of -2.89% from the latest price.
News
Strong Margins, AI Tools Make Wix a Compelling Pick
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ISX Financial Launches Open Banking Solution PaidBy® to Wix Merchants Across the UK.
LONDON , Dec. 5, 2023 /PRNewswire/ -- ISX Financial EU Plc, the developer of PaidBy® www.paidbybank.com, the specialist open banking payment platform has partnered with Wix.com Ltd (NASDAQ: WIX), a ...
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Wix to Participate in Fireside Chat at the Nasdaq 49th Investor Conference
NEW YORK , Nov. 16, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Wix management will participate in a fireside chat at the Nasdaq 49th Investor Conference on Tuesday, December...
Wix Reports Third Quarter 2023 Results
Second consecutive quarter of positive GAAP net income positions Wix to achieve GAAP profitability for full year 2023 with GAAP profitability also expected to be achievable for full year 2024 Total re...
Wix Releases a Conversational AI Chat Experience to Provide Tailored Business Solutions Based on Users' Needs
The AI model is designed to understand the user's unique business requirements and is able to match tailored solutions and applications to their needs NEW YORK , Nov. 8, 2023 /PRNewswire/ -- Wix.com L...
Wix Enhances SEO with AI Meta Tag Creator to Help Users Improve their Efficiency and Search Visibility
The AI-powered tool generates optimized title tags and meta descriptions for SEO within seconds NEW YORK , Nov. 7, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to cr...
Wix to Announce Third Quarter 2023 Results on November 9, 2023
NEW YORK , Oct. 18, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today released registration information for Wix's conference call discussing the results for the third quarter ended September 30, ...
Wix Studio, the Ultimate Web Creation Platform for Agencies and Freelancers, Now Officially Open to All Global Users
Wix Studio delivers a revolutionary platform that combines AI-powered features, the latest design and development capabilities and seamless workflows for multi-site management to help agencies create ...
Intuit Mailchimp Announces Wix Partnership and New E-Commerce Features Ahead of the Holiday Shopping Season
ATLANTA--(BUSINESS WIRE)--Today, Intuit Mailchimp (Nasdaq: INTU), the #1 email marketing and automation brand1, announces a new strategic partnership with Wix.com Ltd. (Nasdaq: WIX), a leading global ...
Intuit Mailchimp and Wix Enter a Strategic Multi-Year Partnership
The partnership will enhance the companies' advanced offerings, providing Wix and Mailchimp users with industry-leading capabilities in a seamless experience NEW YORK , Oct. 3, 2023 /PRNewswire/ -- T...
Wix and Stripe Partnership Introduces Tap to Pay on Android
Wix, a global software-as-a-service (SaaS) platform for managing an online presence, has partnered with payment processing platform Stripe to introduce Tap to Pay on Android. This new feature allows U...
Wix Launches Tap to Pay on Android to Make In-Person Commerce Easier for U.S. Merchants with Stripe
Merchants using Wix can process payments by converting their Android devices into Point-of-Sale terminals to accept secure, contactless payments anywhere in the U.S. NEW YORK , Sept. 12, 2023 /PRNewsw...
Wix Wins Global Google Cloud Partner of the Year Award - Google Workspace Expansion
Wix recognized as an impactful partner for the third year in a row NEW YORK , Aug. 29, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an on...
Wix to Participate in Fireside Chat at Citi's 2023 Global Technology Conference
NEW YORK , Aug. 22, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Wix management will participate in a fireside chat at Citi's 2023 Global Technology Conference on Wednesday, S...
Wix.com CEO on demand for website development and cloud software
Avishai Abrahami, CEO of Wix.com, discusses demand for web development, artificial intelligence, and cloud-based software.
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Wix Releases Additional Details for its Upcoming Analyst & Investor Day on August 9-10, 2023
NEW YORK , Aug. 9, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today released additional details about the two-part virtual Analyst & Investor Day, consisting of prepared management presentations...
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Wix Reports Second Quarter 2023 Results
Outperformance continued in the second quarter with total revenue of $390.0 million exceeding expectations, up 13% y/y as Creative Subscriptions and Business Solutions revenue growth accelerated for t...
Introducing Wix Studio, the Ultimate Web Creation Platform for Agencies and Freelancers
Wix Studio marks a significant evolution in web creation for agencies, delivering a revolutionary platform that combines AI-powered features, the latest design and development capabilities and seamles...
Wix Announces Details for Upcoming Analyst & Investor Day and Second Quarter 2023 Earnings Release
Wix will release second quarter 2023 results on August 3, 2023 NEW YORK , July 18, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will host a two-part virtual Analyst & Inves...
Wix Unveils Groundbreaking AI Site Generator Alongside Suite of AI-Powered Features Set to Revolutionize Web Creation
The upcoming AI Site Generator will create an entire website complete with text, images and business solutions within seconds NEW YORK , July 17, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a lea...