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Wix.com (WIX) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-10-02 23:06
Wix.com (WIX) closed the most recent trading day at $160.09, moving +1.65% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.01%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.08%. The cloud-based web development company's shares have seen an increase of 0.04% over the last month, not keeping up with the Computer and Technology sector's gain of 1.03% and the S&P 500's gain of 1.21%. Analysts and investors alike wi ...
Agency Hackers and Wix Studio Unveil Agency Forecast Report
Prnewswire· 2024-10-02 08:00
The inaugural report reveals key trends and challenges in the evolving agency landscape LONDON, Oct. 2, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, in collaboration with Agency Hackers, one of the world's largest communities for independent agencies, today releases the Agency Forecast Report. This report dives into the current state of the agency world, spotlighting key trends, emerging challenges, and new opportunities shaping the marketing industry ...
Wall Street Analysts Look Bullish on Wix.com (WIX): Should You Buy?
ZACKS· 2024-09-27 14:32
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Wix.com (WIX) . Wix.com currently has an average brokerage recommendation (ABR) of 1.52, on a ...
Wix.com: This Is The Website Hosting Winner, And It's Trading At Great Value
Seeking Alpha· 2024-09-25 19:32
The business of hosting websites and enabling content creators to build clean-looking landing pages, to many, seems commoditized. And yet, Wix.com (NASDAQ: WIX ) has taken the industry by surprise this year by showcasing accelerating bookings growth, driven by a number With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry t ...
Wix.com (WIX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-20 23:06
In the latest market close, Wix.com (WIX) reached $160.64, with a -0.29% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. Shares of the cloud-based web development company have depreciated by 2.43% over the course of the past month, underperforming the Computer and Technology sector's loss of 0.09% and the S&P 500's gain of 2.06%. Market parti ...
Wix Stock Surges More Than 65% in a Year: Will the Rally Continue?
ZACKS· 2024-09-17 14:51
Wix.com's (WIX) shares have been performing well on the trading front, with a gain of 65.4% in the past year compared with the S&P 500 composite and sub-industry's growth of 25.9% and 22.9%, respectively. Strong financial performance is driving the stock's trajectory. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 29.8%. Closing at $156.59 as of yesterday's trading session, WIX stock is currently trading 12.4% below its 52-week ...
Wix Introduces a New AI Assistant to Guide and Enhance Website Theme
Prnewswire· 2024-09-12 13:00
The theme assistant guides users to features that help edit design elements, helping to unify the site with a cohesive look and feel NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, announced today the launch of its AI theme assistant, a tool designed to streamline and enhance the website design process. The AI theme assistant offers users personalized guidance and realtime suggestions, enabling them to effortlessly design the theme of ...
Is It Worth Investing in Wix.com (WIX) Based on Wall Street's Bullish Views?
ZACKS· 2024-09-10 14:36
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Wix.com (WIX) . Wix.com currently has an average brokerage recommendation ...
Is Trending Stock Wix.com Ltd. (WIX) a Buy Now?
ZACKS· 2024-08-29 14:01
Wix.com (WIX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this cloud-based web development company have returned +5.2% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Computers - IT Services industry, to which Wix.com belongs, has gained 1.3% over this period. Now the key question is: Where could the stock be headed in the near ter ...
WIX Stock Soars 33% Year to Date: Will the Rally Continue?
ZACKS· 2024-08-16 16:40
Wix.com's (WIX) shares have been performing well on the trading front, with a gain of 32.5% year to date compared with the S&P 500 composite and sub-industry's growth of 16.2% and 1.8%, respectively. The stock has gained 4.2% since announcing solid second-quarter 2024 results on Aug 7. The stock is still trading 8.7% below its 52-week high of $178.65, which makes it relatively affordable for investors. Headquartered in Tel Aviv, Israel and founded in 2006, WIX is a cloud-based web development platform. It o ...