WIX.com
About: Wix.com is a software-as-a-service content management system platform that allows users to create, customize, and manage websites for themselves, or for clients. Wix is best known for its Wix Editor service for self-creators, but in recent years has invested heavily and introduced its Wix Studio offering for partners, who are agencies and developers. Wix also offers a range of business solutions such as payment services and marketing products.
Employees: 5,308
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
79% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 28
69% more call options, than puts
Call options by funds: $321M | Put options by funds: $190M
12% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 127
6% more funds holding
Funds holding: 358 [Q2] → 380 (+22) [Q3]
2% more capital invested
Capital invested by funds: $7.52B [Q2] → $7.65B (+$127M) [Q3]
2.75% less ownership
Funds ownership: 85.03% [Q2] → 82.28% (-2.75%) [Q3]
26% less funds holding in top 10
Funds holding in top 10: 23 [Q2] → 17 (-6) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Baird | 3%downside $215 | Neutral Maintained | 25 Nov 2024 |
B. Riley Securities Naved Khan 72% 1-year accuracy 18 / 25 met price target | 1%downside $220 | Buy Maintained | 21 Nov 2024 |
Benchmark Mark Zgutowicz 72% 1-year accuracy 41 / 57 met price target | 13%upside $250 | Buy Maintained | 21 Nov 2024 |
RBC Capital Brad Erickson 67% 1-year accuracy 42 / 63 met price target | 11%upside $245 | Outperform Maintained | 21 Nov 2024 |
Cantor Fitzgerald Deepak Mathivanan 74% 1-year accuracy 31 / 42 met price target | 8%upside $240 | Overweight Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 11 articles about WIX published over the past 30 days
