Alert: Positive Investment/Fundamental Signals (11/20/23)-Wix.com Ltd (NASDAQ: WIX)

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Recent exceptional positive changes in investment behavior have benefitted Wix.com Ltd (NASDAQ: WIX): its shorter term price trend turned up, and its longer term price trend turned up.

Wix.com Ltd (NASDAQ: WIX) has benefited from meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 increased significantly.

The stock is currently unrated.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, WIX is expected to be a major Value Eraser.

Wix.com is currently unrated.

Recent Price Action

On 11/20/23, Wix.com Ltd (NASDAQ: WIX) stock increased 1.5%, closing at $98.29. Relative to the market the stock has been strong over the last nine months and has risen 10.1% during the last week.

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