Zacks.com users have recently been watching Wix.com (WIX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
I'm initiating Wix.com with a buy rating, given the company's excellent growth/profitability balance. New AI website-building features are helping Wix's bookings growth hit the high teens by the second half of this year, after only single-digit growth in the past two years. The company is also expecting free cash flow to nearly double this year, as operating margins expand heavily.
Piper Sandler analyst Clarke Jeffries upgraded Wix.com WIX from Neutral to Overweight and raised the price target from $184 to $200.
Wix.com (WIX) reachead $160.64 at the closing of the latest trading day, reflecting a -0.29% change compared to its last close.
WIX benefits from the increasing adoption of its product portfolio, especially various AI products and WIX Studio.
Wix.com Ltd. WIX has launched its latest artificial intelligence (AI) Theme Assistant that provides users with personalized recommendations and real-time advice, allowing them to easily customize their website's theme.
Zacks.com users have recently been watching Wix.com (WIX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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Zacks.com users have recently been watching Wix.com (WIX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
WIX benefits from the increasing adoption of its product portfolio, especially various AI products and WIX Studio.