Wix.com (WIX) Offers Potential With Compressed Valuations
Key takeaways
- Wix.com (WIX) Offers Potential With Compressed Valuations Muhammad Ali Khalid Thu, June 4, 2026 at 11:17 PM GMT+7 2 min read WIX DX-Y.NYB Wix.com Ltd.
- On May 19, while retaining its Buy rating for Wix.com Ltd.
- With WIX stock upside now modified to reflect that forex pressure, BofA has adjusted its estimates accordingly.
Wix.com (WIX) Offers Potential With Compressed Valuations Muhammad Ali Khalid Thu, June 4, 2026 at 11:17 PM GMT+7 2 min read WIX DX-Y.NYB Wix.com Ltd. (NASDAQ:WIX) is one of the 10 technology stocks offering more than 50% upside.
On May 19, while retaining its Buy rating for Wix.com Ltd. (NASDAQ:WIX), Bank of America Securities reduced the price target on the stock from $95 to $77. This still results in an adjusted upside potential of more than 37%.
After hosting Wix’s CFO, Lior Shemesh, for a virtual meeting with investors, the firm reports that management emphasized forex pressure as the USD/Shekel becomes an obstacle during the second quarter, with greater risks expected in the latter half of the year. With WIX stock upside now modified to reflect that forex pressure, BofA has adjusted its estimates accordingly.