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Wix.com (WIX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Wix carved a niche in AI website building that is resonating with the customer. The market is pricing lower growth than what Wix can generate. Overall, Wix looks undervalued and poised for strong risk-adjusted returns.
Wix.com (WIX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the most recent trading session, Wix.com (WIX) closed at $226.95, indicating a +1.89% shift from the previous trading day.
WIX is gaining from strength across its Creative Subscriptions and Business Solutions segments. A solid cash flow statement augurs well.
Wix.com (WIX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Wix.com (WIX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wix.com Ltd. WIX is making significant strides in generative artificial intelligence (AI) to position itself as a key player in a rapidly evolving market.
In the closing of the recent trading day, Wix.com (WIX) stood at $160.09, denoting a +1.65% change from the preceding trading day.