Wix.com’s Growth Opportunity is Not Priced In
<p>Analysts at Berenberg Bank provided their views on <a href='https://financialmodelingprep.com/financial-summary/WIX'>Wix.com Ltd. (NASDAQ:WIX)</a>, seeing the company as well-positioned for the long term, benefiting from multiple trends, such as a broader shift in commerce (offline to online), increased digital penetration, and shift toward no-code platforms.</p>
<p>According to the analysts, the company’s growth opportunity (revenue reacceleration or margin uplift prospects) is not priced in the stock price, which is down more than 30% since Q4 results. Q4 earnings and Q1 outlook trailed Street expectations and the Russia/Ukraine conflict has also added to investors’ concerns. </p>
<p>Regarding Ukraine, the analysts think the company should be able to manage its operations without much disruption as it relies on a global talent pool. Accounting for softer-than-expected Q4 results and Q1 guidance, the analysts have lowered their estimates and price target to $185 from $269, while maintaining their bullish long-term view and reiterating their buy rating.</p>

NASDAQ:WIX