WIX.comWIX Market cap $8.76B
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: 5,235
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
14% more capital invested
Capital invested by funds: $6.43B [Q1] → $7.36B (+$921M) [Q2]
14% more call options, than puts
Call options by funds: $318M | Put options by funds: $280M
10% more funds holding in top 10
Funds holding in top 10: 21 [Q1] → 23 (+2) [Q2]
8% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 52
1% less funds holding
Funds holding: 362 [Q1] → 358 (-4) [Q2]
1.21% less ownership
Funds ownership: 84.35% [Q1] → 83.14% (-1.21%) [Q2]
17% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 139
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Barclays Trevor Young 61% 1-year accuracy 17 / 28 met price target | 15%upside $184 | Overweight Maintained | 1 Oct 2024 |
Cantor Fitzgerald Deepak Mathivanan 63% 1-year accuracy 22 / 35 met price target | 25%upside $200 | Overweight Reiterated | 30 Sept 2024 |
Cantor Fitzgerald Deepak Mathivanan 63% 1-year accuracy 22 / 35 met price target | 25%upside $200 | Overweight Reiterated | 23 Sept 2024 |
Piper Sandler Clarke Jeffries 56% 1-year accuracy 28 / 50 met price target | 25%upside $200 | Overweight Upgraded | 23 Sept 2024 |
Cantor Fitzgerald Deepak Mathivanan 63% 1-year accuracy 22 / 35 met price target | 25%upside $200 | Overweight Initiated | 5 Sept 2024 |
Financial journalist opinion
Based on 13 articles about WIX published over the past 30 days