Wix.com: Hidden Value Play

FinanzUni
372 Followers

Summary

  • The e-commerce market is expected to continue growing, and Wix.com is well-positioned to capitalize on this trend through its expanding product offerings and increased monetization efforts.
  • Recent improvements on the monetization side will guide the company to quarterly profitability in 2023.
  • Competition remains a question mark; however, Wix's product experience is superior to its competitors which will allow them to prevail in the market.
  • I rate the stock as "Buy" with as much as 52.4% upside from today's price on the back of a recovering E-Commerce Market.

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Khanchit Khirisutchalual

Wix.com (NASDAQ:WIX) is a leading cloud-based web development platform with a strong focus on providing small businesses and individuals with an easy-to-use and intuitive platform for creating professional websites. The company has a growing user base, with over 238

This article was written by

372 Followers
I started FinanzUni with the goal to give fellow investors access to objective and balanced analysis. I value all outside intel and everyone to challenge my thesis to obtain the most critical and correct analysis.My investment focus is on growth stocks with an investment horizon of 2–5 years. My primary focus here is on Tech stocks, but more broadly on emerging great ideas and stocks. About me: I am a recent grad student from UC Berkley and after finishing my studies I have returned to my home country Germany to work in venture capital.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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