Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their customers through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including Wix App Market, a marketplace that offers its registered users various free and paid web applications for building, growing, and managing their businesses; Wix marketplace that brings users seeking help in creating and managing a website together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.
Analyst Optimism | Average price target of $215, reflecting analysts' confidence in Wix's growth potential, AI-driven strategy, and expanding Partner segment revenue |
Market Positioning | Delve into Wix's competitive edge in the website building space, with its AI capabilities setting it apart from rivals like Squarespace and GoDaddy |
Financial Prowess | Wix's impressive Q3 results showcase strong bookings growth and free cash flow margins approaching 30%, indicating robust financial health and efficiency |
AI-Driven Innovation | Explore how Wix leverages AI to revolutionize website creation, driving growth through enhanced user experiences and efficient upselling strategies |
Metrics to compare | WIX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipWIXPeersSector | |
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P/E Ratio | 131.9x | −3.9x | 11.3x | |
PEG Ratio | 0.12 | −0.04 | 0.01 | |
Price / Book | −61.7x | 4.0x | 2.4x | |
Price / LTM Sales | 7.2x | 3.7x | 2.2x | |
Upside (Analyst Target) | 9.2% | 5.5% | 19.0% | |
Fair Value Upside | Unlock | 7.9% | 3.9% | Unlock |