Wix.com (WIX) closed at $167.88, down 1.01% from the previous day, underperforming S&P 500 (-0.33%), Dow (-0.22%), and Nasdaq (-0.56%). Shares surged 7.68% over the last month, beating the sector (2.83%) and S&P 500 (1.83%) gains.

Analysts predict Wix.com will report $1.44 EPS (30.91% growth) and $443.27 million revenue (12.55% increase) compared to last year. Zacks estimates full-year earnings at $5.85 per share (+33.26%) and revenue at $1.75 billion (+12.37%) over last year.

Wix.com, currently rated a Hold (Zacks Rank #3), trades at a Forward P/E ratio of 29, higher than the industry average of 28.66. It also has a PEG ratio of 1.29, lower than the industry average of 2.79. The Computers – IT Services industry ranks 54 out of 250+ industries.

Zacks names a top semiconductor stock, much smaller than NVIDIA but with significant growth potential. With a focus on Artificial Intelligence, Machine Learning, and Internet of Things, the semiconductor industry is expected to grow from $452 billion in 2021 to $803 billion by 2028.

Read more at Nasdaq: Wix.com (WIX) Registers a Bigger Fall Than the Market: Important Facts to Note