Wix.com (WIX)
(Delayed Data from NSDQ)
$121.18 USD
-0.51 (-0.42%)
Updated Apr 25, 2024 04:00 PM ET
After-Market: $121.09 -0.09 (-0.07%) 7:58 PM ET
3-Hold of 5 3
D Value A Growth B Momentum B VGM
Company Summary
Headquartered in Tel Aviv, Israel and founded in 2006, Wix.com Ltd. is a cloud-based web development platform. The company's platform offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms and grow their online presence.
In 2023, the company reported revenues of $1.56 billion, up 13% year over year. Growth in the number of registered users and premium subscriptions are key revenue drivers. The company’s core products and services include Wix Editor, Velo by Wix, Wix Logo Maker, Wix Studio and Wix Stores.
Wix Editor offers ...
Company Summary
Headquartered in Tel Aviv, Israel and founded in 2006, Wix.com Ltd. is a cloud-based web development platform. The company's platform offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms and grow their online presence.
In 2023, the company reported revenues of $1.56 billion, up 13% year over year. Growth in the number of registered users and premium subscriptions are key revenue drivers. The company’s core products and services include Wix Editor, Velo by Wix, Wix Logo Maker, Wix Studio and Wix Stores.
Wix Editor offers ready templates and drag-and-drop editor tool to facilitate Website editing to make web stores look professional without any design experience.
Velo by Wix is an open development platform for creating innovative web applications.
WIX Studio allows users to leverage latest AI technology and develop advanced websites at scale. Moreover, with Wix Logo Maker users can generate a logo by utilizing AI technology.
Wix Stores is the company’s e-commerce platform that offers merchants professional tools and services to create, design, manage and expand their e-commerce business.
Registered users as of Dec 31, 2023, were 263 million.
For increased transparency, beginning the fourth quarter of 2019, Wix reported revenues, collections and cost of revenues under two segments: Creative Subscriptions and Business Solutions. Creative Subscriptions and Business Solutions contributed 73.3% and 26.7%, respectively, to total fourth-quarter 2023 revenues of $403.8 million.
The company also started providing Annualized Recurring Revenue (ARR) as the primary KPI for growth of its Creative Subscriptions segment. As of Dec 31, 2023, Creative Subscriptions ARR was $1.19 billion.
General Information
Wixcom Ltd
5 Yunitsman St.
TEL AVIV, 69 Israel
Phone: 972-3545-4900
Fax: NA
Web: http://www.wix.com
Email: ir@wix.com
Industry | Computers - IT Services |
Sector | Computer and Technology |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 5/15/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.03 |
Current Year EPS Consensus Estimate | 4.80 |
Estimated Long-Term EPS Growth Rate | 25.00 |
Exp Earnings Date | 5/15/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 121.69 |
52 Week High | 146.21 |
52 Week Low | 73.39 |
Beta | 1.33 |
20 Day Moving Average | 364,111.91 |
Target Price Consensus | 152.88 |
4 Week | -10.88 |
12 Week | -4.09 |
YTD | -1.08 |
4 Week | -7.77 |
12 Week | -8.36 |
YTD | -6.97 |
Shares Outstanding (millions) | 55.65 |
Market Capitalization (millions) | 6,771.54 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | NA |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 25.36 |
Trailing 12 Months | 27.10 |
PEG Ratio | 1.02 |
vs. Previous Year | 161.90% |
vs. Previous Quarter | 116.67% |
vs. Previous Year | 13.73% |
vs. Previous Quarter | 2.52% |
Price/Book | NA |
Price/Cash Flow | 93.58 |
Price / Sales | 4.34 |
3/31/24 | NA |
12/31/23 | -40.56 |
9/30/23 | -7.96 |
3/31/24 | NA |
12/31/23 | 3.14 |
9/30/23 | 0.86 |
3/31/24 | NA |
12/31/23 | 1.36 |
9/30/23 | 1.28 |
3/31/24 | NA |
12/31/23 | 1.36 |
9/30/23 | 1.28 |
3/31/24 | NA |
12/31/23 | 3.53 |
9/30/23 | 0.99 |
3/31/24 | NA |
12/31/23 | 2.12 |
9/30/23 | -0.58 |
3/31/24 | NA |
12/31/23 | 2.42 |
9/30/23 | -1.02 |
3/31/24 | NA |
12/31/23 | -0.95 |
9/30/23 | -1.66 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |