On Nov 21, major Wall Street analysts update their ratings for $Wix.com (WIX.US)$, with price targets ranging from $205 to $250.
Morgan Stanley analyst Elizabeth Porter maintains with a hold rating, and adjusts the target price from $187 to $248.
J.P. Morgan analyst Alexei Gogolev maintains with a hold rating, and adjusts the target price from $195 to $205.
BofA Securities analyst Mike McGovern maintains with a buy rating, and adjusts the target price from $190 to $228.
Barclays analyst Trevor Young maintains with a buy rating, and maintains the target price at $236.
Evercore analyst Jian Li maintains with a buy rating, and maintains the target price at $210.
Furthermore, according to the comprehensive report, the opinions of $Wix.com (WIX.US)$'s main analysts recently are as follows:
Q3 results surpassed expectations, prompting updates to revenue, billings, and free cash flow forecasts that establish a solid foundation for continued momentum into FY25. Core initiatives, including developments in Studio that enhance the durability in Partners, along with AI initiatives that facilitate growth in Self-Creators, are expected to sustain progress into 2025.
While Wix.com delivered another robust quarter, there were expectations for a faster growth rate in its self-creator segment. Nevertheless, both the partner and business solutions segments have shown acceleration even against tough comparisons. Additionally, the company's free cash flow margin is nearing the 30% mark, and it is projected to reach close to $500 million in free cash flow by 2024, surpassing earlier long-term forecasts.
After Wix.com reported robust third-quarter growth alongside fourth-quarter guidance exceeding Street expectations for bookings growth and free cash flow, analysts have refined their estimates. Enhanced optimism is driven by the company's highly recurring revenue stream, the introduction of new AI-infused products, and revised projections for future growth and margins.
While Wix.com's third-quarter results were consistent with expectations in terms of revenue, its free cash flow exceeded expectations, and Creative Subscriptions bookings showed notable growth. The quarter was described as 'strong', and there's a suggestion that a better capital allocation strategy might include refinancing the convertible securities and increasing share repurchases.
Wix.com demonstrated robust performance in Q3, surpassing consensus estimates in bookings, revenue, and free cash flow, fueled by its Partners, Studio, AI, and transactional strengths. Management anticipates revenue acceleration and further leverage in FY25, building on the robust bookings of FY24.
Here are the latest investment ratings and price targets for $Wix.com (WIX.US)$ from 12 analysts:
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美東時間11月21日，多家華爾街大行更新了$Wix.com (WIX.US)$的評級，目標價介於205美元至250美元。
摩根士丹利分析師Elizabeth Porter維持持有評級，並將目標價從187美元上調至248美元。
摩根大通分析師Alexei Gogolev維持持有評級，並將目標價從195美元上調至205美元。
美銀證券分析師Mike McGovern維持買入評級，並將目標價從190美元上調至228美元。
巴克萊銀行分析師Trevor Young維持買入評級，維持目標價236美元。
Evercore分析師Jian Li維持買入評級，維持目標價210美元。
此外，綜合報道，$Wix.com (WIX.US)$近期主要分析師觀點如下：
Q3的業績超出預期，促使營業收入、賬單和自由現金流預測的更新，爲持續發展至FY25奠定堅實基礎。核心策略，包括在Studio方面的進展，提升合作伙伴的持久性，以及促進Self-Creators增長的人工智能策略，預計將持續推動到2025年。
儘管wix.com實現了又一個強勁的季度，但人們對其創作者業務部分的增長速度有更高期望。然而，合作伙伴和業務解決方案部分均顯示出加速增長，即使在艱難的比較環境下。此外，公司的自由現金流利潤率接近30%，預計到2024年將接近50000萬美元的自由現金流，超過先前的長期預測。
在wix.com報告了強勁的第三季度增長以及第四季度指引超出街頭對訂單增長和自由現金流的預期後，分析師們調整了他們的估值。公司高度重視的可反覆出現的營業收入來源、引入新的人工智能產品以及對未來增長和利潤的修正預期推動了增強的樂觀情緒。
儘管wix.com第三季度的業績符合預期，但自由現金流超出預期，創意訂閱訂單顯示了顯著增長。該季度被描述爲「強勁的」，有建議稱更好的資本配置策略可能包括再融資可轉債和增加股份回購。
wix.com在第三季度表現強勁，超出了訂單、營業收入和自由現金流的共識估計，得益於其合作伙伴、Studio、人工智能和交易優勢。管理層預計在FY25實現營業收入的加速增長和進一步的槓桿作用，基於FY24強勁的訂單。
以下爲今日12位分析師對$Wix.com (WIX.US)$的最新投資評級及目標價：
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