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)
108% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 24
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: $7.54B [Q2] → $7.67B (+$128M) [Q3]
2.75% less ownership
Funds ownership: 85.26% [Q2] → 82.51% (-2.75%) [Q3]
26% less funds holding in top 10
Funds holding in top 10: 23 [Q2] → 17 (-6) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Morgan Stanley Elizabeth Porter 56% 1-year accuracy 5 / 9 met price target | 15%upside $276 | Overweight Upgraded | 13 Jan 2025 |
Jefferies Brent Thill 63% 1-year accuracy 34 / 54 met price target | 8%upside $260 | Buy Maintained | 6 Jan 2025 |
Citigroup Ronald Josey 71% 1-year accuracy 36 / 51 met price target | 12%upside $270 | Buy Maintained | 3 Jan 2025 |
Baird | 11%downside $215 | Neutral Maintained | 25 Nov 2024 |
B. Riley Securities Naved Khan 72% 1-year accuracy 18 / 25 met price target | 9%downside $220 | Buy Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 15 articles about WIX published over the past 30 days
