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After Hours: 277.77 -0.88 -0.32% 18:42 10/20 EDT
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India D2C Commerce Poised For Growth
D2C e-commerce is a growing trend in the U.S.The trend is catching up in India as well.Opportunities open for a new wave of e-commerce-related players.
Seekingalpha · 6d ago
Wix Teams Up With Vodafone For UK Expansion; Shares Now Up 138% YTD
Wix (WIX) has announced a new partnership with Vodafone- which will see the website builder’s solutions available as part of the Vodafone Business Marketplace platform in the UK.“Vodafone customers can select a Wix subscription package that fits their needs, including launching a professional business website and adding online capabilities such as a store to sell products or online scheduling and appointment booking” the companies stated.Customers will also receive online access to a technician who will guide them through the steps of setting up a website, as well as training on website creation and maintenance.According to Wix, the partnership is a key milestone for the recently-launched Wix Channels initiative, which enables international service providers to sell Wix website subscriptions and business solutions directly to their customers.“The new Wix Channels initiative is a significant opportunity for large global service providers like Vodafone to diversify the products offered to their customers, enabling more capabilities to scale their growth with an online presence and e-commerce solution from a best in class platform,” commented Anthony Scaglione, EVP of Wix Channels Global Sales.The Wix offering is expected to roll out to other Vodafone markets in the near future.Shares in Wix have exploded by over 138% year-to-date, and the stock scores a bullish Strong Buy Street consensus. That’s with 13 buy ratings and just 1 hold rating. Meanwhile the average analyst price target indicates 15% further upside potential from current levels.“We continue to view WIX as one of the sector’s Rocket Ships – one of the sector’s most resilient fundamental assets” cheered RBC Capital’s Mark Mahaney recently.He has a buy rating on the stock and $350 price target, arguing that WIX has proven out to be a Structural Winner from the COVID crisis.According to Mahaney, this crisis is demonstrating the clear advantages of and need for a digital presence. “And thanks to years of excellent product development & marketing execution, WIX is there to provide individuals and small businesses/organizations with Digital solutions” the analyst writes.As a result, he sees WIX as set up for top-line growth acceleration in 2020 – one of only a handful of companies that are experiencing this. (See WIX stock analysis on TipRanks).Related News: Twitter Unveils Raft Of New Measures Ahead Of US Elections Amazon Ends ‘Crucible’ Game Development; Street Stays Bullish Apple Allowed To Block Fortnite From App Store Amid Dispute More recent articles from Smarter Analyst: * Daimler, Swiss Re Form Mobility Insurance JV; Goldman Double Upgrades To Buy * GM China 3Q Vehicle Sales Jump 12%; Merrill Lynch Sees 87% Upside * J&J;’s Tremfya Study Shows Improvement In Crohn’s Disease Patients * Opko’s BioReference Lab Begins Covid-19 Testing At NYC Schools
SmarterAnalyst · 10/12 11:21
Wix inks partnership with Vodafone for a far-reaching online presence in UK
Wix (WIX) partners with Vodafone for enabling the latter's  customers to build a stunning online presence or online store in the UK.Wix will be available via the Vodafone Business Marketplace platform.The partnership is an
Seekingalpha · 10/12 09:32
Wix Partners with Vodafone to help bring SMBs online
Wix (Nasdaq: WIX) has today announced a partnership with Vodafone. Vodafone's business customers in the UK will be the first to benefit.
PR Newswire · 10/12 09:00
3 Monster Growth Stocks That Are Still Undervalued
What’s always in fashion on Wall Street? Growth. Given the current macro environment, however, compelling growth stocks have become even harder to spot. That said, despite the wild ride that has been 2020, a select few names could still shine bright and reward investors handsomely, so says the pros from
TipRanks · 10/04 13:00
Wix Debuts Digital-First Typeface, MadeFor
Wix (NASDAQ: WIX), the global leader in website creation, announces the launch of their own custom digital-first typeface, Wix Madefor. Designed in collaboration with its in-house studio and type foundry Dalton Maag, Madefor will replace the legacy typeface to bring Wix's online-focused design-centric
PR Newswire · 09/30 12:00
Wix Stock Down 20%: Buying Opportunity
Wix delivered remarkably solid growth numbers last quarter.The company is aggressively investing in growth, and this is hurting operating profits.These investments are paying off, so management is doing the right thing by focusing on long-term growth as opposed to short-term profits.Considering the company's potential, the stock is reasonably valued at current prices.Wix is down by 20% from its highs of the year, and this could be creating a buying opportunity for long-term investors.
Seekingalpha · 09/29 20:43
Should I Avoid Wix.Com Ltd (WIX)?
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend
Insider Monkey · 09/29 01:35
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Analyst Rating

Based on 19 analysts


Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

Analyst Price Target
The average WIX stock price target is 331.28 with a high estimate of 363.00 and a low estimate of 200.00.
Institutional Holdings
Institutions: 436
Institutional Holdings: 48.01M
% Owned: 86.29%
Shares Outstanding: 55.64M
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Chairman/Independent Director
Mark Tluszcz
President/Chief Operating Officer
Nir Zohar
Chief Executive Officer/Co-Founder/Director
Avishai Abrahami
Chief Financial Officer
Lior Shemesh
Chief Marketing Officer
Omer Shai
Vice President - Research & Development
Yaniv Even-Haim
Lead Director/Independent Director
Ron Gutler
Independent Director
Deirdre Bigley
Independent Director
Allon Bloch
Independent Director
Yuval Cohen
Independent Director
Diane Greene
Independent Director
Roy Saar
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About WIX
Wix.com Ltd. (Wix) is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. These applications provide Wix registered users a bespoke front-end for customers visiting their Website, as well as a back-end management dashboard. The Company has developed these software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user and without the need to write code.
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