Morgan Stanley has revised its price outlook for Wix.com (WIX, Financial), reducing the target to $207 from a previous $279. Despite this adjustment, the financial services firm maintains an Overweight rating on the company’s shares.
The decision stems from a broader evaluation of the risks and rewards associated with numerous software companies. Specifically, Morgan Stanley is taking into account the uncertainties surrounding tariff risks and their current impact on stock valuations.
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 $247.53 with a high estimate of $300.00 and a low estimate of $169.11. The average target implies an upside of 52.90% from the current price of $161.89. 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 2.0, 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 $122.17, suggesting a downside of 24.53% from the current price of $161.885. 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.
