Wix.com Ltd. – Consensus indicates a potential increase of 36.1%
Wix.com Ltd. found using ticker (WIX) now have 18 total analysts covering the stock. The consensus rating is “Buy”. The range between the high target price and the low target price is between 320 and 210 and has an average target of 266.78. Now, with the previous closing price of 195.97, that would imply a potential rise of 36.1%. The 50 day MA is 213.53 and the 200 moving average is now rising to 265.04. The company has a market capitalization of $ 10,589 million. You can visit the company’s website by visiting: http://www.wix.com
Wix.com Ltd, together with its subsidiaries, develops and markets a cloud-based platform that allows anyone to build a website or web application in North America, Europe, Latin America, Asia and internationally. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI which allows users to create a website for their specific needs; and Corvid by Wix for building websites and web applications. It also provides Ascend by Wix, which provides its users with access to a suite of approximately 20 products or features that allow them to connect with their customers, automate their work and grow their business; Wix Logo Maker which allows users to generate a logo using artificial intelligence; Wix Answers, a support infrastructure that allows its users to help their users through different channels; and Wix Payments, a payment platform, which helps its users receive payments from their users through their Wix website. In addition, the company offers various industry-specific applications that business owners use to manage various aspects of their business online. In addition, it provides a range of additional services, including App Market which offers its registered users the ability to install and uninstall a range of free and paid web applications; Wix Arena, an online marketplace that brings together users looking for help building and managing a website, as well as web experts; and Wix App, a native mobile app, which allows users to manage their Wix websites and operating systems. As of December 31, 2019, the company had approximately 165 million registered users and 4.5 million premium subscriptions. The company was previously known as Wixpress Ltd. Wix.com Ltd. was founded in 2006 and is headquartered in Tel Aviv, Israel.
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