Two weeks ago Israel’s tech company Wix.com Ltd. (NASDAQ: Wix) Sealed financial results for the first quarter of 2025, who were disappointed by investors and saw the Company’s Figher fell by 16% in a day. Stock has fallen since. Overall the price of the price dropped 30% since the beginning of the year, wiping $ 5 billion from the peak market cap in January, at a time the NASDAQ index remains unchanged.
Wixes, led by CEO and Coffounder Avishai Abrahami, allowing users to build and handle websites. Most analysts consisting of WIX positive in stock, with the average recommendation “outperform,” and the average target target showing a 49% market premium. A possible vertical for stock can come from an impressive direction, with a Veteran US Investment Bank Kantor Spotulate that WIX will be a pickup target.
Mothivanan’s Internet analyst in Mothivanan’s Cantor Depead wrote, in the last few weeks, Tech facilitates across the Internet board, software, and so that nature remains less good for mega-caps to obtain companies; However, we believe small and middle caps with an attractive market-market fit, compelling financial profiles
Cantor mentions companies that are likely to target targets due to their – attractive products, compelling tech financial
Cantor does not mention who the specified buyers are clear while Wix has a market cap of $ 8.3 billion and expect a handsome premium, any buyer must be deep pockets.
The Wixless Guide does not change despite the mixed results
WIX has been sold at higher market caps before: such as many tech companies, its stock is up to 2021 – a year recording for tech stocks. WIX benefits “Effects” in Covid Pandemic – the need for social solitude is caused by the company’s digits, which is a significant target audience, which is a significant target audience, which has been a significant target audience, which has expanded or established websites for the first time, to manage their business activity.
At the beginning of 2021, WIX becomes the largest Israeli company on Wall Street, with a market cap of about $ 20 billion. However, post-covid returns to normal and the change of investment preferences cut in part of the price of 85% a few months – a little out of it before
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Since printing the latest financial consequences, the part of the fraction. WIX posted the first quarter of $ 474 million, up to 13% from the corresponding quarter, mounted profit of $ 93.8 million, which has never met in income income. Guiding for the second quarter is lower than analyst analysts, but the company has left its annual guidance without change, and still expects revenue to $ 1.97-2 billion.
Published in Globes, Israel News in News – en.globes.co.il – On June 3, 2025.
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