25 stories mentioning WIXUpdated 13d ago
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Ron Gutler, Director, on August 27, 2026, sold 5,718 shares in Wix.com (WIX) for $488,432. Following the Form 4 filing with the SEC, Gutler has control over a total of 15,631 ordinary shares of the company, with 15,631 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1576789/000162828026059480/xslF345X05/wk-form4_1788181980.xml
Nir Zohar, President, on August 24, 2026, sold 30,000 shares in Wix.com (WIX) for $2,567,357. Following the Form 4 filing with the SEC, Zohar has control over a total of 662,676 ordinary shares of the company, with 554,201 shares held directly and 108,475 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1576789/000162828026059068/xslF345X05/wk-form4_1787773768.xmlPrice: $82.33, Change: $-3.73, Percent Change: -4.33%
Tech stocks were sharply higher late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 5.4% and the State Street SPDR S&P Semiconductor ETF (XSD) up 6.7%.The Philadelphia Semiconductor Index climbed 7%.In corporate news, Snap (SNAP) shares surged 14% after it reported better-than-expected Q2 results amid growth in advertising revenue.Wix.com (WIX) shares jumped past 17% after it reported better-than-expected Q2 results, driven by demand for its AI-powered tools.Palantir Technologies (PLTR) lifted its full-year revenue guidance on Monday after a surge in US commercial sales drove stronger-than-expected Q2 results. Its shares soared past 29%.Anthropic has inked a $10 billion deal for computing capacity with Volta Infra Holdings, a months-old infrastructure startup backed by Nvidia (NVDA), Bloomberg reported. Nvidia shares rose 3%.
Tech stocks were sharply higher late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 5.4% and the State Street SPDR S&P Semiconductor ETF (XSD) up 6.8%.The Philadelphia Semiconductor index climbed 7.1%.In corporate news, Wix.com (WIX) shares jumped past 16% after it reported better-than-expected Q2 results, driven by demand for its AI-powered tools.
Wix.com (WIX) shares jumped Tuesday after the Israeli web development platform reported better-than-expected second-quarter results, driven by demand for its artificial intelligence-powered tools.Revenue advanced 15% year over year to $563.1 million in the June quarter, beating Wall Street's views for $552.6 million. Adjusted earnings dropped to $1.39 a share from $2.28, but surpassed the $1.13 modeled by analysts.Bookings climbed 12% to $569.1 million, exceeding the Street's $564.1 million forecast. Bookings from the creative subscriptions segment rose 11% to $405.8 million, while business solutions advanced 13% to $163.3 million.Wix's US-listed shares advanced 18% in late-afternoon trade. The stock has lost 35% in value so far this year.Partners revenue, which includes sales generated through agencies and freelancers that build sites or applications for other users, jumped 17% to $213.8 million. It also includes revenue generated through business-to-business partnerships."We saw a step-up in Base44 contribution to the partners segment in the second quarter, as professionals increasingly leveraged AI and AI agents in their workflows and expanded their pipelines to include software creation," President Nir Zohar said on an earnings call, according to a FactSet transcript.The Base44 AI platform helps quickly build fully functioning apps.For 2026, Wix maintained its revenue growth guidance at a low- to mid-teens percentage and bookings to grow at a a low-teens percentage. Base44 is expected to continue on its "strong growth trajectory through the rest of the year, with significantly better" non-GAAP gross margins, the company said in an earnings release. For the ongoing quarter, Wix projects revenue to grow at a low-double-digits percentage."Margins look to be stabilizing here finally, another positive as improvements in AI compute costs are partially offset by greater marketing investment behind Base44," Wedbush Securities said in a note. "With guidance maintained despite the better-than-expected (quarterly) results, the outlook still has some uncertainty with the pace of change we're seeing, but the results look like a step forward."Price: $66.91, Change: $+10.07, Percent Change: +17.72%
(Updates with recent stock movement in headline and first paragraph.)Wix (WIX) shares were up 18% in afternoon trading on Tuesday after the company posted better-than-expected Q2 earnings and revenue.The company reported Q2 non-GAAP earnings of $1.39 per diluted share, down from $2.28 a year earlier.Analysts polled by FactSet expected $1.13.Revenue for the quarter ended June 30 was $563.1 million, up from $489.9 million a year earlier.Analysts polled by FactSet expected $552.6 million.The company expects year-over-year revenue growth in the low-double-digits percentage for Q3 and maintained its prior guidance, targeting revenue growth at the low- to mid-teens percentage for full-year 2026.Price: $67.57, Change: $+10.73, Percent Change: +18.87%
Wix.com's (WIX) Q2 results marked a "step forward" as the company maintained its full-year outlook and margins showed signs of stabilizing, Wedbush Securities said in a report Tuesday.Revenue of $563 million was about 2% above the firm's and Wall Street estimates, while free cash flow of $53 million topped the firm's $37 million forecast. Operating and adjusted earnings before interest, taxes, depreciation, and amortization margins, however, were "modestly" below expectations, according to the report.The firm said improving AI computing efficiency is expected to lift Base44's gross margin to about 60% in the second half from zero earlier in the year, although higher marketing spending may offset some of those gains.Self-creator revenue growth accelerated to 14% from 12%, partly reflecting a shift toward AI-based web development and away from agency channels. Wix's unchanged full-year outlook was encouraging but left some "uncertainty" because of rapid changes in AI-driven web development and competition in so-called "vibe coding," according to the report.Shares of Wix.com were up nearly 12% in Tuesday afternoon trading.Price: $63.43, Change: $+6.59, Percent Change: +11.59%
Wix.com's (WIX) prospects for durable growth, with increased operating discipline expanding margins and compounding free cash flow generation, has become harder to underwrite, Morgan Stanley said in a Tuesday research note.A critical concern for the company is that growth is not inflecting despite Base44 strength, raising a more fundamental question around the health of the core website-building business, especially as its partners program sees a slowdown and the company has reduced its fiscal 2026 bookings and revenue expectations, Morgan Stanley said.While Base44 is growing quickly, it is also extremely compute and intensive on sales and marketing expenses, ultimately weighing on FCF generation, Morgan Stanley said, adding that the market lacks conviction that vibe-coding tools are a durable, margin-accretive revenue stream."We expect concerns around potential website-building disruption and the compute, operating expense intensity of vibe-coding to remain an overhang on the multiple, keeping shares largely range-bound and underpinning a balanced risk-reward from here," according to the note.Morgan Stanley lowered its rating on the company's stock to equal-weight from overweight and adjusted its price target to $60 from $112.Price: $52.57, Change: $-0.79, Percent Change: -1.48%
Wix.com (WIX) has an average rating of overweight and mean price target of $74.16, according to analysts polled by FactSet.
Wix (WIX) said Monday it partnered with Microsoft (MSFT) to allow users to generate online pages directly within the Microsoft 365 Copilot software without context switching.Individuals can produce complete websites by submitting voice or text descriptions of their business objectives and design preferences to the artificial intelligence assistant, the company said.The collaboration also enables operators to track analytics, process payments, and modify product pricing without leaving the chat window, Wix said.The application is currently available for supported markets and lets administrators manage their online presence through either the Microsoft interface or the main site manager, it said.Shares of the company were up 1.2% in Monday trading.Price: $46.40, Change: $+0.49, Percent Change: +1.06%
Wix.com (WIX) has an average rating of overweight and mean price target of $81.61, according to analysts polled by FactSet.Price: $48.60, Change: $+0.38, Percent Change: +0.78%
Wix.com's (WIX) lowered forecast for Q2 and 2026 reinforces the view that artificial intelligence headwinds are hitting the web design space, RBC Capital Markets said in a Tuesday research note.With the company lowering its revenue guidance for Q2 and 2026 to low/mid-teens from mid-teens growth on account of incremental weakness in the partner business, RBC said that this seems to be a case of the partners' own business headwinds versus displacing Wix's tools with AI-native alternatives.Even as Wix.com maintained its free cash flow margin outlook of high-teens, aided by a 20% headcount reduction, RBC said it struggles to see a path to stabilization given the cross currents and competitive landscape.RBC lowered its price target on the company to $45 from $60 and maintained its sector perform rating.Price: $48.82, Change: $+0.60, Percent Change: +1.25%
Wix.com (WIX) has an average rating of overweight and mean price target of $96.16, according to analysts polled by FactSet.Price: $48.31, Change: $-4.08, Percent Change: -7.79%
Wix.com (WIX) reported a challenging Q1 as weakness in its Partner business and accelerating investment in Base44 continued to pressure margins and free cash flow, RBC Capital Markets said in a note emailed Thursday.RBC said the slowdown in the Partner channel was the clearest signal yet that artificial intelligence driven vibe coding tools are beginning to affect agencies and traditional web design workflows.While Base44 continues to grow rapidly, the business carries higher marketing and compute costs as Wix.com aggressively invests to capture demand, weighing on overall profitability, RBC said.The company maintained its 2026 bookings and revenue outlook for a mid-teens growth, while expense headwinds were noted as driving free cash flow guidance lower, the firm said.RBC downgraded Wix.com to sector perform from outperform and lowered its price target on the stock to $60 from $90.Price: $53.96, Change: $-1.37, Percent Change: -2.47%
Wix.com (WIX) has an average rating of overweight and mean price target of $96.16, according to analysts polled by FactSet.
Wix.com (WIX) has an average rating of overweight and mean price target of $98.42, according to analysts polled by FactSet.
The Nasdaq Composite and the S&P 500 reached fresh peaks on Wednesday, buoyed by a rally in technology stocks ahead of high-stakes talks between US President Donald Trump and his Chinese counterpart, Xi Jinping.The Nasdaq rose 1.2% to 26,402.3 and the S&P 500 climbed 0.6% to 7,444.3. The Dow Jones Industrial Average slipped 0.1% to 49,693.2. Most sectors ended in the green, led by communication services, followed by tech, while utilities saw the steepest decline.Chipmaking giant Nvidia's (NVDA) shares jumped 2.3%, among the best performers on the Dow. Apple (AAPL), Amazon.com (AMZN), and Cisco Systems (CSCO) also advanced. On Semiconductor (ON) shares surged 11%, the second-biggest gainer on the S&P 500.Trump arrived in Beijing Wednesday, accompanied by Nvidia Chief Executive Jensen Huang, Apple's Tim Cook, and Tesla (TSLA) CEO Elon Musk, along with other executives. Trump is set to have talks with Xi on Thursday and Friday, CNBC reported."The trip underscores the stakes for chips, tech, and the (artificial intelligence) supply chain highlighted by Nvidia's most advanced chips, which (have) faced a series of tightening US export restrictions on China sales," Wedbush Securities said in note."We believe that this summit will prove 'constructive' as it keeps the conversation focused on reopening channels where possible rather than allowing the relationship to drift into a more permanent Cold War dynamic that would ultimately slow AI diffusion and cloud monetization on both sides," Wedbush said.US Treasury yields were little changed in Wednesday late-afternoon trade, with the 10-year and two-year rates at 4.48% and 3.99%, respectively.In economic news, US producer prices in April rose at the fastest pace in four years as broad-based increases in services and goods signaled intensifying inflation pressures, official data showed."On the heels of yesterday's disappointing (consumer price index) results, the April producer price report flags intense inflation pressure in the pipeline," BMO Capital Markets said in a note. "Look for another heated consumer inflation report in May, and not solely due to costlier gasoline, as price pressures stemming from the Iran war are bleeding into other sectors of the economy."The central bank last month held rates steady for a third straight meeting and is widely expected to do so again in June, according to the CME FedWatch tool.The US Senate confirmed Kevin Warsh's nomination as Fed chair on Wednesday. Warsh is Trump's pick for the job as the term of current central bank chief Jerome Powell is set to expire on Friday.Boston Fed President Susan Collins expects the central bank to maintain its current monetary policy stance, which she described as "slightly restrictive.""More than five years of above-target inflation has reduced my patience for 'looking through' another supply shock," Collins said in prepared remarks on Wednesday. "And while it is notin my most likely outlook, I could envision a scenario in which some policy tightening is needed to ensure that inflation returns durably to 2% in a timely manner."West Texas Intermediate crude was last down 0.9% at $101.27 a barrel, while Brent fell 1.8% to $105.85.The International Energy Agency forecast a sharper decline in global oil demand this year than previously expected as the Middle East conflict drives up energy prices."More than 10 weeks after the war in the Middle East began, mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace," according to the report.Separately, the Organization of the Petroleum Exporting Countries reduced its global oil demand growth outlook for 2026, but upgraded its projection for next year.Trump recently rejected Iran's counteroffer to end the war, though a fragile ceasefire between the two countries still holds.In company news, Wix.com (WIX) logged a larger-than-expected annual decline in its first-quarter earnings, while the Israeli web development platform maintained its full-year outlook. The company's US-listed shares tanked 27%.Gold was last up 0.2% at $4,694.70 per troy ounce, while silver climbed 3% to $88.18 per ounce.
(Updates to add the latest stock move in the headline and the first paragraph.)Wix.com (WIX) shares were down more than 23% in Wednesday trading after the company posted lower than expected Q1 results.The company reported quarterly adjusted earnings of $0.68 per diluted share, down from $1.55 a year earlier.Analysts surveyed by FactSet expected $1.24.Revenue for the quarter ended March 31 was $541.2 million, up from $473.7 million a year earlier.Analysts polled by FactSet expected $544 million.For Q2, the company expects revenue to grow at a mid-teens percentage.For 2026, the company continues to expect revenue to grow at a mid-teens percentage.Price: $58.15, Change: $-17.73, Percent Change: -23.37%
US benchmark equity indexes were mostly higher intraday as several key technology stocks advanced, while President Donald Trump landed in China for a high-stakes state visit.The Nasdaq Composite was up 1.2% at 26,405.4 after midday Wednesday, while the S&P 500 rose 0.6% to 7,448.4. The Dow Jones Industrial Average fell 0.3% to 49,616.8. Among sectors, communication services paced the gainers, followed by tech, while utilities saw the steepest decline.Chipmaking giant Nvidia's (NVDA) shares were up 2.7%, the second-best performer on the Dow. Other major tech stocks Apple (AAPL), Amazon.com (AMZN), and Cisco Systems (CSCO) were also in the green. Cisco is scheduled to report its latest quarterly financial results after the closing bell Wednesday.On Semiconductor (ON) shares jumped 10% intraday, the second-biggest gainer on the S&P 500.Trump reportedly arrived in Beijing Wednesday for a highly anticipated meeting with his Chinese counterpart, Xi Jinping."The trip underscores the stakes for chips, tech, and the (artificial intelligence) supply chain highlighted by Nvidia's most advanced chips, which (have) faced a series of tightening US export restrictions on China sales," Wedbush Securities said in note.Nvidia Chief Executive Jensen Huang, Apple's Tim Cook, and Tesla (TSLA) CEO Elon Musk are accompanying Trump on the visit, along with other top US tech executives, according to media reports."We believe that this summit will prove 'constructive' as it keeps the conversation focused on reopening channels where possible rather than allowing the relationship to drift into a more permanent Cold War dynamic that would ultimately slow AI diffusion and cloud monetization on both sides," Wedbush said.US Treasury yields were mixed intraday, with the 10-year rate up 1.1 basis points at 4.48% and the two-year rate little changed at 4%.In economic news, US producer prices in April rose at the fastest pace in four years as broad-based increases in services and goods signaled intensifying inflation pressures, official data showed."On the heels of yesterday's disappointing (consumer price index) results, the April producer price report flags intense inflation pressure in the pipeline," BMO Capital Markets said in a note. "Look for another heated consumer inflation report in May, and not solely due to costlier gasoline, as price pressures stemming from the Iran war are bleeding into other sectors of the economy."West Texas Intermediate crude was down 0.3% at $101.84 a barrel intraday, while Brent fell 1.5% to $106.21.The International Energy Agency forecast a sharper decline in global oil demand this year than previously expected as the Middle East conflict drives up energy prices."More than 10 weeks after the war in the Middle East began, mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace," according to the report.Separately, the Organization of the Petroleum Exporting Countries reduced its global oil demand growth outlook for 2026, but upgraded its projection for next year.Trump recently rejected Iran's counteroffer to end the war, though a fragile ceasefire between the two countries still holds. Trump recently told reporters that "we have Iran very much under control.""That control, however, does not extend to the Strait of Hormuz, which remains effectively closed with both Iran and the US maintaining naval blockades," Saxo Bank said in a report Wednesday.In company news, Wix.com (WIX) logged a larger-than-expected annual decline in its first-quarter earnings, while the Israeli web development platform maintained its full-year outlook. The company's US-listed shares tanked nearly 26% intraday.Gold was up 0.4% at $4,705.80 per troy ounce, while silver climbed 4.8% to $89.69 per ounce.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lowered our rating on Wix to Hold from Buy and cut our 12-month target price from USD105 to USD57, based on a lower 2026 P/E of 11.1x, representing 2 standard deviations below the three-year historical mean of 24.7x. The lower valuation reflects increasing uncertainty surrounding profitability recovery as Wix enters a significantly heavier AI investment cycle, with rising AI infrastructure and inference costs. We maintain our 2026 revenue forecast at USD2.3B (+15% Y/Y) and 2027's at USD2.6B (+15% Y/Y), reflecting continued momentum from Base44, improving monetization and conversion trends from Wix Harmony as well as expansion in AI-powered online creation offerings. We cut our 2026 EPS forecast from USD8.38 to USD5.11 and 2027's from USD9.64 to USD5.88 to reflect rising AI infrastructure costs. We also expect significantly higher sales and marketing spending as Wix continues to scale Base44 amid expanding AI-related initiatives.
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