Wix.com Ltd [WIX] stock prices are up 5.25% to $236.36 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The WIX shares have gain 4.15% over the last week, with a monthly amount glided 8.93%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wix.com Ltd [NASDAQ: WIX] stock has seen the most recent analyst activity on January 13, 2025, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $276 from $248. Previously, Piper Sandler upgraded its rating to Overweight on September 23, 2024, and elevated its price target to $200. On September 05, 2024, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $200 on the stock. Oppenheimer reiterated its recommendation of a Outperform and raised its price target to $200 on May 21, 2024. Needham reiterated a Buy rating for this stock on May 21, 2024, and upped its price target to $190. In a note dated May 21, 2024, Piper Sandler downgraded an Neutral rating on this stock and boosted its target price from $165 to $184.
The stock price of Wix.com Ltd [WIX] has been fluctuating between $117.58 and $229.79 over the past year. Currently, Wall Street analysts expect the stock to reach $215.25 within the next 12 months. Wix.com Ltd [NASDAQ: WIX] shares were valued at $236.36 at the most recent close of the market. An investor can expect a potential drop of -8.93% based on the average WIX price forecast.
Analyzing the WIX fundamentals
The Wix.com Ltd [NASDAQ:WIX] reported sales of 1.70B for trailing twelve months, representing a surge of 12.91%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is -0.48 and Total Capital is 0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 228.14 points at the first support level, and at 219.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 241.84, and for the 2nd resistance point, it is at 247.32.
Ratios To Look Out For
It’s worth pointing out that Wix.com Ltd [NASDAQ:WIX]’s Current Ratio is 0.74. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 7.72 and price to earnings (TTM) ratio is 149.26.
Transactions by insiders
Recent insider trading involved Even-Haim Yaniv, Officer, that happened on Jan 02 ’25 when 81000.0 shares were purchased. Director, de Mojana Francesco completed a deal on Dec 09 ’24 to buy 660.0 shares. Meanwhile, Director Patterson Gavin bought 3963.0 shares on Dec 06 ’24.
