In a recent development, Wix.com (WIX, Financial) has seen a shift in analyst sentiment following the latest assessment by Baird analyst Vikram Kesavabhotla. The analyst upgraded the rating of the stock from 'Neutral' to 'Outperform', indicating a more optimistic outlook for the company's future performance.
Despite the upgrade in rating, the price target for Wix.com (WIX, Financial) was adjusted downwards. The new price target is set at $190.00, down from the previous target of $215.00. This adjustment reflects a decrease of approximately 11.63% in the expected price value.
The currency for this valuation remains USD, and this update comes as of May 23, 2025. Wix.com (WIX, Financial), listed on the NASDAQ exchange, continues to draw attention as the company navigates the evolving market dynamics.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Wix.com Ltd (WIX, Financial) is $225.43 with a high estimate of $270.00 and a low estimate of $169.11. The average target implies an upside of 45.47% from the current price of $154.97. More detailed estimate data can be found on the Wix.com Ltd (WIX) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Wix.com Ltd's (WIX, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Wix.com Ltd (WIX, Financial) in one year is $136.53, suggesting a downside of 11.9% from the current price of $154.97. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Wix.com Ltd (WIX) Summary page.
