What To Expect From Wix Stock After Mixed Earnings: A Big 3 Years Ahead

Aug. 25, 2022 8:30 AM ETWix.com Ltd. (WIX)5 Comments


  • Wix has crashed 80% from all-time highs.
  • Revenue growth has decelerated rapidly in 2022 which in turn led to extreme multiple compression.
  • Management has guided for a robust recovery in growth rates over the next several years.
  • The company has a net cash balance sheet and is operating around free cash flow break even.
  • I can see the stock tripling over the next 3 years.
  • Looking for a portfolio of ideas like this one? Members of Best Of Breed get exclusive access to our model portfolio. Learn More »
Web design desktop

milindri/iStock via Getty Images

Wix.com (NASDAQ:WIX) is a casualty of the tech crash though the stock has bounced materially off its lows. This company arguably has a clear-cut thesis, being the backbones of web development, but the steep deceleration in growth rates has not provided support

Buy More Picks like Wix

Growth stocks have crashed. Best of Breed subscribers get exclusive access to the 2022 Tech Stock Crash list, a pre-curated list of tech stocks to buy amidst the crash.

My portfolio also includes my highest conviction ideas.

Get access to Exclusive reports:

  • My top picks in the beaten down tech sector.
  • My investing strategy for the current market.
  • My thesis on why cannabis stocks are a generational secular growth story.
  • and much more

Elevate your returns with High Conviction Ideas today!

This article was written by

Julian Lin profile picture
High conviction investment ideas in the winners of tomorrow.

Julian Lin is a top ranked financial analyst. Julian Lin runs Best Of Breed Growth Stocks, a research service uncovering high conviction ideas in the winners of tomorrow. 

Get access to his highest conviction ideas here

Disclosure: I/we have a beneficial long position in the shares of WIX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I own all positions in the Best of Breed portfolio.

Recommended For You

Comments (5)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.