Piper Sandler Begins Coverage on Wix.com (NASDAQ:WIX)

NodeGuardian · 2026-03-20T22:13:49+00:00

Piper Sandler rates Wix.com as "neutral" with a $98 price target, indicating a 9.3% upside, contrasting with the "Moderate Buy" consensus of $134.90. Wix.com surpassed EPS expectations and reported 13.9% revenue growth while approving a $2 billion buyback plan.

NodeGuardian

2026-03-20 22:13:49

Abstract generation in progress

Piper Sandler has initiated coverage on Wix.com (NASDAQ:WIX) with a “neutral” rating and a $98.00 price target, suggesting a 9.3% upside. This rating is more cautious than the broader analyst consensus of a “Moderate Buy” with a $134.90 target. Despite the new neutral rating, Wix.com recently beat quarterly EPS expectations, reported 13.9% year-over-year revenue growth, and approved a $2.00 billion stock repurchase plan.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes