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Wix.com Ltd is currently in a long term uptrend where the price is trading 5.6% above its 200 day moving average.
From a valuation standpoint, the stock is 36.3% cheaper than other stocks from the Technology sector with a price to sales ratio of 16.1.
Wix.com Ltd's total revenue rose by 38.1% to $283M since the same quarter in the previous year.
Its net income has dropped by 191.1% to $-63M since the same quarter in the previous year.
Finally, its free cash flow fell by 37.9% to $23M since the same quarter in the previous year.
Based on the above factors, Wix.com Ltd gets an overall score of 3/5.
Sector | Technology |
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Industry | Software - Infrastructure |
Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | USM980681052 |
PE Ratio | 65.37 |
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Beta | 1.65 |
Target Price | 238.3091 |
Market Cap | 9B |
Dividend Yield | None |
Wix.com Ltd., together with its subsidiaries, operates a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix Studio a unified website and application development platform for the creation of website. It also provides Velo by Wix, a full-stack, no-code/low-code development environment to create content-rich websites and web applications; Wix App Market that offers its registered users various free and paid web applications for building, growing, and managing their businesses; Wix marketplace that brings users seeking help in creating and managing a website; Wix App which allows users to manage their websites and Wix operating systems on the go and run their businesses, wherever they are, in real time; Spaces by Wix mobile app that serves as an interface between the site owner and their customers; and Wix Customer Care which provides support and guidance to users throughout the Wix platform. In addition, the company offers Payments by Wix enables users to accept payments for goods and services both online and in-person; Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix POS, an end-to-end omnichannel solution for online and in-person sales; Stores and Bookings, a native solution to manage gift cards and customer re-engagement activities; Branded App by Wix a native mobile app builder; email marketing packages; paid ad campaigns; domain names; and Google Workspace application, as well as Wix Commerce Solutions, a commerce platform for business owners. The company was formerly known as Wixpress Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.
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