WIX

Wix.com Ltd

TMT


Presented:04/21/2023
Price:$90.83
Cap:$5.16B
Current Price:$166.63
Cap:$9.27B

Presented

Date04/21/2023
Price$90.83
Market Cap$5.16B
Ent Value$4.52B
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/S56.82M
Ave Daily Vol678,466
Short Int8.11%

Current

Price$166.63
Market Cap$9.27B
Wix.com Ltd. operates a cloud-based website design and development platform. It offers web templates, web editor, web builder, search engine optimization tools, logo maker, web hosting, and electronic mail marketing services. The company was founded by Avishai Abrahami, Nadav Abrahami, and Giora Kaplan on October 5, 2006 and is headquartered in Tel Aviv, Israel.

Publicly traded companies mentioned herein: Wix.com Ltd. (WIX)

Highlights

The presenter is short Wix.com Ltd (WIX) driven by the view that the company will likely suffer from slower growth which has been masked by abnormal price increases, a slowdown in cost savings, and the growth of generative AI. He sees the current valuation as unjustified and expects growth ex-price increases to fall in the low to mid-single digits.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.