Wix.com Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Wix.com Ltd. WIX is set to release earnings results for its first quarter, before the opening bell on Monday.

Analysts expect the Tel Aviv, Israel-based company to report quarterly earnings at $1.03 per share, up from 91 cents per share in the year-ago period. Wix.com is expected to post revenue of $417.84 million, according to data from Benzinga Pro.

Wix.com recently announced the launch of the AI Portfolio Creator, which enhances how users create and showcase an online professional portfolio.

Wix.com shares slipped 1.6% to close at $135.21 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Benchmark analyst Mark Zgutowicz reiterated a Buy rating with a price target of $175 on May 15. This analyst has an accuracy rate of 66%.
• JMP Securities analyst Andrew Boone reiterated a Market Outperform rating with a price target of $150 on April 30. This analyst has an accuracy rate of 73%.
• Raymond James analyst Josh Beck reinstated an Outperform rating with a price target of $160 on March 27. This analyst has an accuracy rate of 74%.
• RBC Capital analyst Brad Erickson maintained an Outperform rating and boosted the price target from $135 to $160 on Feb. 22. This analyst has an accuracy rate of 69%.
• Piper Sandler analyst Clarke Jeffries maintained an Overweight rating and increased the price target from $146 to $165 on Feb. 22. This analyst has an accuracy rate of 61%.

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