Investment Research report

Wix.com Ltd.

NASDAQ:
WIX
Previous Item
All Reports
Wix.com Ltd.
In The Land Near TROI, A Trojan Unicorn
Download Report
Wix.com Ltd.
Download Report 2
Wix.com Ltd.
Download Report 3
Wix.com Ltd.
Download Report 4
Wix.com Ltd.
Download Report 5
Wix.com Ltd.
Download Report 6
Wix.com Ltd.
Download Report 7

Research Overview

INDEX:
S&P 500
Sector:
Technology
Position:
Short
Date:
Apr 19, 2017

After conducting a forensic financial and accounting review, Spruce Point believes Wix.com Ltd. (Nasdaq: WIX), an Israeli-based technology service provider offering a free website solution, showcases numerous potential warning signs, including the fact that gross margins are astronomical, and its capex is minimal. Based on our investigation, we estimate 50% to 60% downside risk, or $36.00 - $42.00 per share.

The report highlights several key concerns with the company, including:

  • Evidence that the Company is facing rising acquisition costs and new credible competition
  • We have found clues indicating that management may intend to dilute 2-3 million new shares
  • We believe the backgrounds of the Auditor and CFO should cause investors to pause
Downloads & More

Research Assets & Releases

Press Releases

Nothing posted currently

Broadcast Coverage

Nothing posted currently

Join The Mailing List

Spruce Point Alerts & Updates

Information, analysis and actionable ideas to help you reach your investment goals