May 20, 02:12 PM

Wix ($WIX) Raises Outlook, Stock Surges 7.6%; Global-E Online Beats Estimates; Earnings Jump 20%, Target Price $210, Revenue +12.22% YoY, EPS +41.76% YoY

Wix ($WIX) reports strong Q1 outperformance, raising bookings, revenue, and FCF outlook for the year. Stock surges 7.6% pre-market. Global-E Online ($GLBE) also beats estimates, raises FY24 outlook. Wix's earnings beat expectations, with revenue up 12.22% YoY and EPS up 41.76% YoY. Wix stock jumps 20% on stellar earnings, with a target price of $210. The company continues to execute well, showing growth, profits, strong partnerships, and accelerating demand for AI tools.

#Wix

Written with ChatGPT (GPT-3).

Sources

Ripster@ripster47
2 years ago
$WIX #shorts #recaps Watch How we traded WIX A+ Earnings Setup for Full Size Long for 20$/share profit Learn A+ Repeatable Setups https://t.co/U7YLCDIorc
Market Rebellion@MarketRebels
2 years ago
Benchmark note on $WIX p/t $210 https://t.co/VvgfOOxTmY https://t.co/VlVqJMgN7U
Market Rebellion@MarketRebels
2 years ago
Wix stock soars 20% on stellar earnings! This website design platform is not just making websites pretty, it's making serious money. Their stocks are soaring, so they must be onto something. @petenajarian @jonnajarian Rebel's Edge 🏴‍☠️ 1pm #itsnotanoption $WIX #ecommerce… https://t.co/KuJA947ovP

Additional media

Image #1 for story wix-wix-raises-outlook-stock-surges-7-6-global-e-online-jump

Image #2 for story wix-wix-raises-outlook-stock-surges-7-6-global-e-online-jump

Image #3 for story wix-wix-raises-outlook-stock-surges-7-6-global-e-online-jump

Wix ($WIX) Raises Outlook, Stock Surges 7.6%; Global-E Online Beats Estimates; Earnings Jump 20%, Target Price $210, Revenue +12.22% YoY, EPS +41.76% YoY

Sources

Additional media

Similar Stories