Wix.com Ltd

WIX: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Wix Earnings: Raising Fair Value Estimate 12% on Strong Bookings Momentum and Outlook

Rob Hales

Nov 21, 2024

Wix shares were up 14% after reporting 16% bookings growth in the third quarter and expectations to exit fiscal 2024 with 18% bookings growth. Business solutions margins were also strong, leading to EPS beating FactSet consensus.

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Wix.com Ltd

Wix Earnings: Raising Fair Value Estimate 12% on Strong Bookings Momentum and Outlook

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