Wix.com (WIX) Stock Price $100 Target And Buy Rating

By Amit Chowdhry ● Jun 4, 2022
  • The shares of Wix.com (NASDAQ: WIX) have received a $100 price target from Jefferies. These are the details.

The shares of Wix.com (NASDAQ: WIX) have received a $100 price target from Jefferies. And Jefferies analyst Brent Thill is maintaining a “Buy” rating on the shares.

Last month, Wix.com reported a Q1 EPS of ($0.72), which was $0.08 lower than analyst estimates of ($0.64). And the revenue for the quarter was $342 million compared to the consensus estimate of $340.55 million.

In terms of guidance, Wix.com expects Q2 2022 revenue of between $342 million and $346 million, compared to the consensus of $356.2 million.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.