Wix.com Analysts Boost Their Forecasts Following Q1 Results
Portfolio Pulse from Avi Kapoor
Wix.com Ltd (NASDAQ:WIX) reported better-than-expected Q1 2024 results, with revenue and EPS surpassing analyst estimates. The company saw significant growth in both Creative Subscriptions and Business Solutions. Analysts have raised their price targets for Wix.com following the strong performance.
May 21, 2024 | 12:23 pm
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Wix.com Ltd reported strong Q1 2024 results, with revenue and EPS beating analyst estimates. The company saw significant growth in Creative Subscriptions and Business Solutions. Analysts have raised their price targets for Wix.com, reflecting confidence in the company's performance.
Wix.com reported better-than-expected Q1 2024 results, with revenue and EPS surpassing analyst estimates. The company's strong performance in Creative Subscriptions and Business Solutions, along with positive analyst revisions, is likely to drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100