Wix Analysts Stay Bullish Despite EPS Miss, Citing Strong Product Pipeline And Second-Half Growth Plans
1. Wix's revenue grew 13% to $473.7 million, exceeding estimates. 2. Adjusted EPS of $1.55 missed expectations but showed strong free cash flow. 3. Analysts have various price targets, with Needham at $250. 4. Second-quarter guidance suggests potential deceleration in growth. 5. Wix maintains its fiscal 2025 revenue outlook despite macro uncertainties.