Date | Price Target | Rating | Analyst |
---|---|---|---|
9/5/2024 | $200.00 | Overweight | Cantor Fitzgerald |
7/25/2024 | Sector Weight | KeyBanc Capital Markets | |
5/21/2024 | $160.00 → $190.00 | Buy | Needham |
5/21/2024 | $160.00 → $200.00 | Outperform | Oppenheimer |
5/21/2024 | $165.00 → $184.00 | Overweight → Neutral | Piper Sandler |
3/27/2024 | $160.00 | Outperform | Raymond James |
12/8/2023 | $126.00 | Buy | BofA Securities |
11/15/2023 | $105.00 → $130.00 | Equal Weight → Overweight | Barclays |
Wix.com Ltd. (NASDAQ:WIX) ("Wix," the "Company," "we" or "our"), today announced that its Board of Directors (the "Board") authorized a program to repurchase the Company's securities (ordinary shares and/or convertible notes), in an amount up to $200 million.This repurchase program, in addition to the more than $1 billion of aggregate share repurchases executed by the Company since 2021, demonstrates the Board's continued confidence in the Company's ability to drive strong cash flow generation and ongoing commitment to increasing shareholder value.
Leveraging Wix's powerful AI, users can create a fully designed, business-ready website within minutes in their preferred languageNEW YORK, June 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, today announced its AI Website Builder is now available in different languages, giving users the ability to create websites in their preferred language. Wix users around the world can experience site creation like never before with AI.
B of A Securities analyst Michael McGovern maintains Wix.com (NASDAQ:WIX) with a Buy and raises the price target from $153 to $183.
6-K - Wix.com Ltd. (0001576789) (Filer)
6-K - Wix.com Ltd. (0001576789) (Filer)
6-K - Wix.com Ltd. (0001576789) (Filer)
Cantor Fitzgerald initiated coverage of Wix.com with a rating of Overweight and set a new price target of $200.00
KeyBanc Capital Markets resumed coverage of Wix.com with a rating of Sector Weight
Needham reiterated coverage of Wix.com with a rating of Buy and set a new price target of $190.00 from $160.00 previously
Partners can earn revenue share from day one when creating on Wix Studio, further enriching the financial advantages of the Wix Partner Program NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced a new revenue sharing plan for Partners creating on Wix Studio, the ultimate creation platform built for agencies and freelancers. The new revenue share plan is part of the exclusive Wix Partner Program which is a loyalty-based program with benefits such as priority support, a Partner success manager, eligibility to join the Wix Marketplace, advanced features, and collabo
Gavin Patterson, previously of Salesforce and Francesco de Mojana, previously of Permira, to join Wix's Board of Directors NEW YORK, March 8, 2023 /PRNewswire/ -- Wix (NASDAQ:WIX), today announced changes to its Board of Directors. The announced changes are part of Wix's track record of regularly refreshing and enhancing its board to closely align with the changing operating environment as well as its current strategic objectives, balancing stability and expertise with change and adaptability. Additionally, these changes support Wix's continued transition to a new phase of value creation focused on product-led growth with sustained profitability and a commitment to achieving "Rule of 40" in
Sportradar, a leading global provider of sports betting and sports entertainment products and services, today announced that Deirdre M. Bigley has been appointed to the Sportradar Holding AG ("Global") Board of Directors, effective immediately. Deirdre Bigley has been Chief Marketing Officer of Bloomberg, the world's primary distributor of financial data, since 2014. Bigley has been responsible for designing and launching the first global marketing department at Bloomberg and building marketing strategies for all business units across the company. Bigley joined Bloomberg in 2009 as the Global Leader of Marketing Communications. Prior to her career at Bloomberg, Bigley held numerous leaders
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SC 13G/A - Wix.com Ltd. (0001576789) (Subject)
SC 13G/A - Wix.com Ltd. (0001576789) (Subject)
The theme assistant guides users to features that help edit design elements, helping to unify the site with a cohesive look and feel NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, announced today the launch of its AI theme assistant, a tool designed to streamline and enhance the website design process. The AI theme assistant offers users personalized guidance and real-time suggestions, enabling them to effortlessly design the theme of their website. With the increasing complexity of website design, user
NEW YORK, Aug. 20, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), today announced that Wix management will participate in a fireside chat at Citi's 2024 Global Technology Conference on Wednesday, September 4, 2024 at 10:00 AM ET. The event will be available via live audio webcast and archived replay on Wix's investor relations website: https://investors.wix.com. About Wix.com Ltd.Wix is the leading SaaS website builder platform globally1 to create, manage and grow a digital presence. What began as a website builder in 2006 is now a complete platform providing users with enter
With the launch of Moneris Total Commerce, businesses will be able to serve their customers in-store and online through an omnichannel business solution. TORONTO, Aug. 12, 2024 /CNW/ - Moneris Solutions Corporation ("Moneris"), a Canadian leader in innovative solutions for mobile, online, and in-store commerce, has partnered with Wix.com Ltd. (NASDAQ:WIX), the leading global SaaS platform to create, manage, and grow an online presence1, to introduce Moneris Total Commerce, an omnichannel point of sale solution. Moneris' partnership with Wix is built on a commitment to deliver
Accelerated bookings growth, driven by key product initiatives, and FCF margin expansion in Q2 builds momentum for 2H Meaningful bookings growth acceleration with total bookings of $458.4 million, up 15% y/y, as a result of strong Wix Studio uptake, benefits from growing AI capabilities and commerce platform expansion as well as positive response to the price increase implemented earlier this yearBookings growth accelerated across both Self Creators and PartnersContinue to expect bookings growth acceleration to 16% y/y in 2H at the high end of full year guidance rangeTotal revenue of $435.7 million exceeded expectations, up 12% y/y, driven by strong Partners growth of 29% y/yRecord take rate
NEW YORK, July 17, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the second quarter ended June 30, 2024 before the market opens on Wednesday, August 7, 2024. Management will host a conference call and webcast that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call and webcast, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/. What: Wix Second Quarter 2024 Results Conferen
Record increase to FCF outlook driven by Q1 outperformance and expected 2H bookings acceleration – now anticipating 26% FCF margin in FY2024, one year ahead of plan and within clear sight of hitting Rule of 40 milestone already this year Strong start to year with total bookings of $457.3 million, up 10% y/y driven by reacceleration of Creative Subscriptions growthTotal revenue of $419.8 million exceeded expectations, up 12% y/y driven by continued momentum in the Partners business – reflecting market share gains and stronger than anticipated Wix Studio uptakeRobust top-line growth coupled with stable optimized cost structure drove record FCF1 margin of 26% in the most recent quarterGAAP oper