Key Insights:
- Wix.com Ltd. (WIX, Financial) trades below its fair value, presenting potential investment opportunities.
- Analysts forecast significant upside with an average price target offering a 65.17% increase.
- Wix's earnings are anticipated to outpace the market, growing annually at 27%.
Wix.com Ltd. (WIX), a prominent player in the cloud-based web development realm, is currently trading at $173.88, which is below its perceived fair value of $210.23. Despite shouldering some debt, the company's earnings are poised to grow annually at an impressive 27%, far exceeding the market's average growth rate of 14%. This robust growth is driven by the company's strategic innovations in automation tools and an ambitious $200 million share repurchase plan.
Wall Street Analysts Forecast
According to projections from 21 analysts, the average one-year price target for Wix.com Ltd. (WIX, Financial) stands at $247.20, with estimates ranging between a high of $300.00 and a low of $169.00. This average target suggests a potential upside of 65.17% from the current price of $149.66. Investors can access more detailed estimate information on the Wix.com Ltd (WIX) Forecast page.
The consensus recommendation from 25 brokerage firms positions Wix.com Ltd. (WIX, Financial) with an average brokerage recommendation of 2.0, indicating an "Outperform" status. The rating system runs from 1 to 5, where 1 represents a Strong Buy, and 5 indicates a Sell.
Furthermore, according to GuruFocus estimates, the anticipated GF Value for Wix.com Ltd. (WIX, Financial) in one year is $122.18, indicating a potential downside of 18.36% from the current trading price of $149.66. The GF Value reflects GuruFocus' assessment of the fair trading value of the stock, derived from historical trading multiples, past business growth, and forecasts of future performance. Additional detailed data is available on the Wix.com Ltd (WIX) Summary page.
