Wix.com (WIX) Reports Q1 Loss of $0.18

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Go back to Wix.com (WIX) Reports Q1 Loss of $0.18

Wix.com (WIX) PT Raised to $88 at Oppenheimer Following 1Q

May 11, 2017 9:42 AM EDT

Oppenheimer raised its price target on Wix.com (NASDAQ: WIX) to $88.00 (from $70.00) while maintaining a Outperform rating. 1Q revenue/collections were 3%/5% above Street and grew 50%/51% y/y on conversion/ARPU, as users adopt more features/verticals.

The company's 2017 organic revenue guidance midpoint implies +43% y/y... More

Wix.com (WIX) PT Raised to $83 at RBC Capital

May 11, 2017 6:55 AM EDT

RBC Capital raised its price target on Wix.com (NASDAQ: WIX) to $83.00 (from $59.00) while maintaining a Sector Perform rating after another strong quarter.

Analyst Mark Mahaney said while they are positive on the fundamentals the valuation keeps them on the sidelines.

The firm's 17 Rev/EBITDA estimates go up 1%/2%.

... More