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16 stories mentioning WIX

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Wire

Wix Integrates Website Creation Features Into Microsoft Copilot 365

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%

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Wire

UBS Adjusts Price Target on Wix.com to $58 From $68, Maintains Neutral Rating

Wix.com (WIX) has an average rating of overweight and mean price target of $81.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $48.60, Change: $+0.38, Percent Change: +0.78%

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Wire

Wix.com's Lowered Forecast Reinforces View of AI Headwinds Hitting Web Design Space, RBC Says

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%

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Wire

Scotiabank Cuts Price Target on Wix.com to $90 From $110, Maintains Sector Outperform Rating

Wix.com (WIX) has an average rating of overweight and mean price target of $96.16, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $48.31, Change: $-4.08, Percent Change: -7.79%

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Wire

Wix.com' Q1 'Challenging' Amid Partner and Investment Headwinds, RBC Says

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%

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Research

Citigroup Downgrades Wix.com to Neutral From Buy, Adjusts Price Target to $66 From $105

Wix.com (WIX) has an average rating of overweight and mean price target of $96.16, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Research

RBC Downgrades Wix.com to Sector Perform From Outperform, Cuts Price Target to $60 From $90

Wix.com (WIX) has an average rating of overweight and mean price target of $98.42, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$WIX
Nasdaq, S&P 500 Hit Fresh Highs as Tech Stocks Rise
US Markets

Nasdaq, S&P 500 Hit Fresh Highs as Tech Stocks Rise

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.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$CSCO$NVDA$ON$TSLA$WIX
Wire

Update: Wix.com Shares Fall After Q1 Miss

(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%

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Equities Mostly Rise Intraday Amid Tech Boost, With Trump's China Visit in Focus
Wire

Equities Mostly Rise Intraday Amid Tech Boost, With Trump's China Visit in Focus

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.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$CSCO$NVDA$ON$TSLA$WIX
Research

Research Alert: CFRA Lowers Opinion On Shares Of Wix.com To Hold From Buy

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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Wire

Top Midday Stories: Overall, Core PPI in April Hit Highest Levels Since December 2022; Alibaba Misses Fiscal Q4 Earnings, Revenue Estimates

The Dow Jones Industrial Average was down, while the Nasdaq Composite and the S&P 500 Index were up in late-morning trading Wednesday after another hotter-than-expected inflation report and as President Donald Trump prepares for his summit with Chinese President Xi Jinping.The US Producer Price Index rose by 1.4% in April, well above the 0.5% gain expected in a survey compiled by Bloomberg as of 7:35 a.m. ET and up from a 0.7% gain in March. Excluding food and energy prices, core PPI rose by 1.0%, well above the 0.3% gain expected and up from the 0.2% gain in March. Year over year, the PPI rose 6.0% in April, while core PPI rose by 5.2%, both well above their respective March rates and the strongest readings since December 2022.Alibaba Group (BABA) reported fiscal Q4 adjusted earnings Wednesday of 0.62 Chinese renminbi ($0.09) per diluted American depositary share, down from 12.52 renminbi a year earlier and below the FactSet consensus estimate of 6.14 renminbi. Fiscal Q4 revenue was 243.38 billion renminbi, up from 236.45 billion renminbi a year earlier but below the FactSet consensus of 246.97 billion renminbi. Alibaba shares were up 7.9% around midday.Nvidia (NVDA) Chief Executive Jensen Huang joined President Trump on his visit to Beijing, a last-minute addition that has raised expectations of progress in stalled talks over Nvidia's H200 AI chip sales to China, Reuters reported Wednesday. Nvidia shares were up 2.5%.Nebius Group (NBIS) reported Q1 earnings Wednesday of $2.11 per diluted share, swinging from a loss of $0.48 a year earlier and above the FactSet consensus for a loss of $0.83. First-quarter revenue was $399 million, up from $50.9 million a year ago and above the FactSet consensus of $375.1 million. Nebius shares were up more than 15%.Wix.com (WIX) reported Q1 adjusted earnings Wednesday of $0.68 per diluted share, down from $1.55 a year earlier and below the FactSet consensus of $1.24. First-quarter revenue was $541.2 million, up from $473.7 million a year ago but below the FactSet consensus of $544 million. For Q2 and full-year 2026, the company said it expects revenue to grow at a mid-teen percentage. Wix shares were down 30.2%.JPMorgan Chase (JPM) has appointed global head of investment banking coverage Dorothee Blessing, global head of capital markets Kevin Foley and financial institutions group co-head Jared Kaye as co-heads of global investment banking, according to media reports. JPMorgan shares were down 1.2%.Walmart (WMT) will fire or relocate about 1,000 corporate workers, The Wall street Journal reported late Tuesday, citing people familiar with the matter and a memo sent to staff it viewed. Walmart shares were flat.Price: $145.45, Change: $+10.67, Percent Change: +7.92%

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Wix.com Misses First-Quarter Views, Reiterates Full-Year Outlook
US Markets

Wix.com Misses First-Quarter Views, Reiterates Full-Year Outlook

Wix.com (WIX) reported a larger-than-expected annual decline in its first-quarter earnings on Wednesday, while the Israeli web development platform maintained its full-year outlook.Adjusted earnings slumped to $0.68 a share for the March quarter from $1.55 the year before. The consensus on FactSet was for non-GAAP EPS of $1.24. Revenue advanced 14% to $541.2 million, but trailed the Street's view for $544 million.The company's US-listed stock tanked 31% in Wednesday trade, taking its year-to-date loss to 50%.For 2026, Wix continues to anticipate revenue and bookings to grow by a mid-teens percentage figure on a yearly basis. The average analyst estimate is for sales of $2.28 billion and bookings of $2.37 billion."Our outlook accounts for the slower-than-expected start to the year in our partners business, as well as impact from productivity headwinds due to the war in the Middle East, which has pushed out certain important product rollouts for our professional audience," Wix said.Partners revenue, which includes sales generated through agencies and freelancers that build sites or applications for other users, jumped 19% year-on-year to $203.4 million in the first quarter. It also includes revenue generated through business-to-business partnerships."We expect to largely offset these near-term challenges with a broader set of growth initiatives across our core Wix business, with particular focus on optimizing and capturing a bigger top of funnel as well as strengthening performance of our existing user base," the company said.First-quarter bookings climbed 15% to $585 million, but were shy of the market's $586.9 million forecast.Revenue from the creative subscriptions segment gained 13% to $382.4 million, while business solutions advanced 17% to $158.8 million.For the ongoing three-month period, Wix expects consolidated revenue to rise by a mid-teens percentage from the prior-year quarter. The Street is looking for $561.9 million.Price: $52.20, Change: $-23.68, Percent Change: -31.21%

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Research

Research Alert: Wix.com: Q1 2026 Results Below Expectations As Ai Investment Spending Increases

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Wix's Q1 2026 results showed revenue growth but margin pressure from AI spending, with revenue rising 14% to $541M while non-GAAP net income declined 55% to $43M and operating margin compressed to 5% from 21% in Q1 2025. Operating expenses surged 46% due to elevated sales and marketing spending and AI infrastructure investments tied to Base44 integration and Harmony development. We believe Wix remains positioned to benefit from growth in AI-powered website development, particularly as Base44 expands the addressable market into broader no-code workflows. Management maintained 2026 guidance for mid-teens revenue and bookings growth, reflecting confidence in stronger monetization and Base44 momentum offsetting Partners business softness. In our view, sustained earnings expansion will depend on management's ability to improve operating leverage as AI initiatives scale, as profitability remains constrained by elevated customer acquisition spending and higher AI infrastructure costs.

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Equities

Top Premarket Decliners

WORK Medical Technology Group (WOK) shares were down 82% in Wednesday premarket activity, paring Tuesday's rally.Ring Energy (REI) stock was 25% lower after the company said overnight it priced a public offering of about 44.4 million common shares at $1.35 apiece, targeting $60 million in gross proceeds.Wix.com (WIX) shares were down 17% after the company posted lower Q1 adjusted earnings that also trailed analysts' forecasts.Red Cat (RCAT) stock was 14% lower, a day after the company said it priced a roughly $225 million common stock offering.

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Wire

Oppenheimer Adjusts Price Target on Wix.com to $115 From $130, Maintains Outperform Rating

Wix.com (WIX) has an average rating of overweight and mean price target of $117.95, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $74.18, Change: $-1.49, Percent Change: -1.97%

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