Cantor Fitzgerald analysts initiated coverage on Wix.com (NASDAQ:WIX) with an Overweight rating and a price target of $200 on the stock.
The analysts highlighted Wix’s continued leadership in the AI-enabled website builder space, noting the company’s rapid rollout of product enhancements, which are driving user growth and providing pricing power on the self-creation side of the platform. Additionally, Wix’s Partner business is emerging as a key medium-term growth engine.
The analysts also emphasized that Wix’s margins have significant room for improvement due to fixed cost leverage and marketing efficiencies. Despite shares rising 35% year-to-date, compared to an 18% increase for Nasdaq, the analysts believe the risk/reward profile remains favorable at current levels.
At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com