While Wix.com Ltd has overperformed by 2.56%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WIX rose by 27.17%, with highs and lows ranging from $247.11 to $117.58, whereas the simple moving average fell by -6.56% in the last 200 days.
On March 05, 2025, Scotiabank started tracking Wix.com Ltd (NASDAQ: WIX) recommending Sector Outperform. A report published by Wells Fargo on February 03, 2025, Initiated its previous ‘Underweight’ rating for WIX. Raymond James also Upgraded WIX shares as ‘Strong Buy’, setting a target price of $300 on the company’s shares in a report dated January 21, 2025. Morgan Stanley January 13, 2025d the rating to Overweight on January 13, 2025, and set its price target from $248 to $276. Piper Sandler September 23, 2024d its ‘Neutral’ rating to ‘Overweight’ for WIX, as published in its report on September 23, 2024. Cantor Fitzgerald’s report from September 05, 2024 suggests a price prediction of $200 for WIX shares, giving the stock a ‘Overweight’ rating. KeyBanc Capital Markets also rated the stock as ‘Sector Weight’.
Analysis of Wix.com Ltd (WIX)
Further, the quarter-over-quarter increase in sales is 14.04%, showing a positive trend in the upcoming months.
Wix.com Ltd’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. Taking into account the quick ratio of the company, currently set at 0.74, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and WIX has an average volume of 823.59K. On a monthly basis, the volatility of the stock is set at 5.18%, whereas on a weekly basis, it is put at 3.24%, with a loss of -1.48% over the past seven days. Furthermore, long-term investors anticipate a median target price of $249.81, showing growth from the present price of $172.41, which can serve as yet another indication of whether WIX is worth investing in or should be passed over.
How Do You Analyze Wix.com Ltd Shares?
Software – Infrastructure giant Wix.com Ltd (WIX) is based in the Israel and is one of the largest companies in the market. When comparing Wix.com Ltd shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 73.88, there is a growth in quarterly earnings of 1500.00%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.93%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 86.28% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
