WIX is a company with steady growth projections driven by AI adoption, market expansion, user acquisition, and a focus on profitability. For example, earnings are forecast to grow 28.24% per year. Analysts project WIX to achieve approximately $1 billion in free cash flow by 2028. While the current P/E is around 47x, its Forward P/E ratio is approximately 18x (potentially undervalued). I truly believe the changing economy will shift individuals into more entrepreneurship (what else can they do?) and that will be the driving force behind user growth. From a technical analysis view, the price recently bounced off from my historical simple moving average band (often an area for share accumulation / consolidation). While it may trickle down to close the price gap on the daily chart near $110 in the near-term, I think the outlook needs to be long-term here given the projections. The only issue I see is the current high debt for
WIX , but interest rates are absolutely coming down soon which will help ease the strain. Thus, at $124.35,
WIX is in a personal buy zone.Targets into 2028:
- $175.00 (+40.7%)
- $250.00 (+101.1%)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.