Evercore analyst Jian Li maintains $Wix.com (WIX.US)$ with a buy rating, and adjusts the target price from $210 to $250.
According to TipRanks data, the analyst has a success rate of 66.7% and a total average return of 9.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Wix.com (WIX.US)$'s main analysts recently are as follows:
Q3 results surpassed expectations along with upgrades to projections for revenue, billings, and free cash flow, suggesting sturdy exit rates for FY24 that could sustain into FY25. Enhancement of core initiatives, including those with Studio, bolstering Partners' durability, and AI initiatives that foster growth for Self-Creators, are expected to drive continued performance improvement into 2025.
While Wix.com reported another solid quarter, expectations were set for a quicker growth in self-creator segment. Despite these anticipations, both partner and business solutions showed acceleration, even with challenging comparisons. Additionally, the company's free cash flow margin is nearing the 30% mark, and it is on track to reach $500M in free cash flow by 2024, ahead of its previous long-term forecasts.
Following a report of robust growth in Q3 and optimistic guidance for Q4 that surpasses existing market predictions for bookings growth and free cash flow, there is an increased valuation multiple now being applied due to Wix.com's consistently recurring revenue stream, introduction of new AI-driven products, and anticipated improvements in growth and margins.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
Evercore分析師Jian Li維持$Wix.com (WIX.US)$買入評級，並將目標價從210美元上調至250美元。
根據TipRanks數據顯示，該分析師近一年總勝率為66.7%，總平均回報率為9.3%。
此外，綜合報道，$Wix.com (WIX.US)$近期主要分析師觀點如下：
Q3的業績超出預期，同時對營業收入、賬單和自由現金流的預測進行了升級，暗示着截至FY24的穩健退出率可能延續至FY25。核心業務的增強，包括與Studio合作的計劃加強合作伙伴的耐久性，以及促進自助創作者增長的人工智能計劃，預計將推動2025年的持續業績改善。
雖然wix.com報告了又一個紮實的季度，但預期自創作者領域的增長速度更快。儘管有這些預期，合作伙伴和業務解決方案都顯示出加快步伐，即使存在挑戰性的比較。此外，公司的自由現金流利潤率接近30%，有望在2024年達到50000萬美元的自由現金流，超過其先前的長期預測。
在Q3報告強勁增長和對Q4的樂觀引導超出現有市場對訂單增長和自由現金流的預測之後，由於wix.com持續不斷的營收流，推出新的人工智能產品以及預期增長和利潤率的改善，現正在應用更高的估值倍數。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
