Wix.com (WIX) – Analysts’ Recent Ratings Updates

Wix.com (NASDAQ: WIX) recently received a number of ratings updates from brokerages and research firms:

• 3/5/2025 – Wix.com is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $250.00 price target on the stock.
• 2/25/2025 – Wix.com was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 2/21/2025 – Wix.com had its price target raised by analysts at Piper Sandler from $249.00 to $262.00. They now have an “overweight” rating on the stock.
• 2/20/2025 – Wix.com had its price target raised by analysts at Barclays PLC from $236.00 to $240.00. They now have an “overweight” rating on the stock.
• 2/20/2025 – Wix.com had its price target raised by analysts at Cantor Fitzgerald from $260.00 to $270.00. They now have an “overweight” rating on the stock.
• 2/20/2025 – Wix.com had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $245.00 price target on the stock.
• 2/20/2025 – Wix.com had its price target raised by analysts at Citigroup Inc. from $275.00 to $280.00. They now have a “buy” rating on the stock.
• 2/20/2025 – Wix.com had its price target raised by analysts at UBS Group AG from $250.00 to $255.00. They now have a “buy” rating on the stock.
• 2/20/2025 – Wix.com had its price target raised by analysts at Benchmark Co. from $250.00 to $260.00. They now have a “buy” rating on the stock.
• 2/19/2025 – Wix.com had its price target lowered by analysts at JPMorgan Chase & Co. from $205.00 to $189.00. They now have a “neutral” rating on the stock.
• 2/19/2025 – Wix.com had its price target raised by analysts at Bank of America Co. from $228.00 to $270.00. They now have a “buy” rating on the stock.
• 2/19/2025 – Wix.com had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $235.00 price target on the stock.
• 2/18/2025 – Wix.com had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $240.00 price target on the stock.
• 2/3/2025 – Wix.com is now covered by analysts at Wells Fargo & Company. They set an “underweight” rating and a $208.00 price target on the stock.
• 1/21/2025 – Wix.com was upgraded by analysts at Raymond James from an “outperform” rating to a “strong-buy” rating. They now have a $300.00 price target on the stock, up previously from $225.00.
• 1/13/2025 – Wix.com was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $276.00 price target on the stock, up previously from $248.00.
• 1/6/2025 – Wix.com had its price target raised by analysts at Jefferies Financial Group Inc. from $225.00 to $260.00. They now have a “buy” rating on the stock.

Wix.com Price Performance

Shares of WIX traded up $9.24 during trading hours on Wednesday, reaching $197.53. 681,053 shares of the company’s stock traded hands, compared to its average volume of 576,314. Wix.com Ltd. has a twelve month low of $117.58 and a twelve month high of $247.11. The business’s fifty day simple moving average is $223.09 and its two-hundred day simple moving average is $195.59. The firm has a market capitalization of $10.83 billion, a price-to-earnings ratio of 84.06, a P/E/G ratio of 2.83 and a beta of 1.58.

Hedge Funds Weigh In On Wix.com

Several large investors have recently bought and sold shares of the stock. Mackenzie Financial Corp boosted its holdings in shares of Wix.com by 211.0% in the fourth quarter. Mackenzie Financial Corp now owns 29,395 shares of the information services provider’s stock valued at $6,307,000 after acquiring an additional 19,943 shares in the last quarter. JT Stratford LLC acquired a new stake in Wix.com in the fourth quarter worth approximately $218,000. USS Investment Management Ltd boosted its stake in Wix.com by 12.5% during the 4th quarter. USS Investment Management Ltd now owns 10,404 shares of the information services provider’s stock valued at $2,232,000 after purchasing an additional 1,157 shares in the last quarter. Voloridge Investment Management LLC increased its position in shares of Wix.com by 15.7% during the 4th quarter. Voloridge Investment Management LLC now owns 380,909 shares of the information services provider’s stock valued at $81,724,000 after purchasing an additional 51,581 shares during the period. Finally, Worldquant Millennium Advisors LLC lifted its holdings in shares of Wix.com by 68.0% in the fourth quarter. Worldquant Millennium Advisors LLC now owns 106,187 shares of the information services provider’s stock valued at $22,782,000 after buying an additional 42,969 shares during the period. Institutional investors and hedge funds own 81.52% of the company’s stock.

Wix.com Ltd., together with its subsidiaries, operates as 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 ADI that enables users to have the freedom of customization that the classic editor offers.