Cantor sees Wix as acquisition target

▤ Summary

Wix’s latest quarterly results disappointed investors and pushed its share price lower. Cantor argues that the company could become an acquisition target as tech M&A activity accelerates. The analyst points to Wix’s product-market fit, financial profile, and relatively reasonable valuation as reasons it could attract bids. Wix continues to serve small and medium-sized businesses that build and manage websites, and it kept full-year guidance unchanged despite mixed quarterly performance.

▦ Linked Companies

Wix.com

$500M to $1B