Wix.com Ltd. with ticker code (WIX) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 125 and 84 calculating the mean target price we have $107.12. Now with the previous closing price of $87.23 this would imply there is now a potential upside of 22.8%. The 50 day MA is $91.12 and the 200 moving average now moves to $80.82. The company has a market capitalization of $5,217m. Find out more information at: https://www.wix.com
The potential market cap would be $6,406m based on the market consensus.
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 help their users across various channels; and Wix Payments, a payment platform, which helps its users receive payments from their users through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including App Market that offers its registered users the ability to install and uninstall a range of free and paid web applications; Wix marketplace that brings users seeking help in creating and managing a website, together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. and changed its name to Wix.com Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.
The company is not paying dividends at this time.
