Shares of Wix.com Ltd. (NASDAQ:WIX – Get Free Report) have earned an average recommendation of “Hold” from the twenty-two brokerages that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $91.10.
Several brokerages have issued reports on WIX. Barclays dropped their target price on Wix.com from $155.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. JPMorgan Chase & Co. reduced their price target on Wix.com from $86.00 to $62.00 and set an “underweight” rating on the stock in a report on Thursday, June 18th. Oppenheimer decreased their price target on Wix.com from $115.00 to $85.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Raymond James Financial cut Wix.com from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the company from $75.00 to $70.00 in a report on Thursday, July 30th. Finally, Cantor Fitzgerald upped their price objective on Wix.com from $65.00 to $80.00 and gave the company an “overweight” rating in a research report on Wednesday.
Wix.com Trading Down 3.3%
Wix.com (NASDAQ:WIX – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The information services provider reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.26. The firm had revenue of $563.06 million during the quarter, compared to analysts’ expectations of $552.56 million. Wix.com had a negative net margin of 8.19% and a negative return on equity of 4.03%. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.28 EPS. As a group, sell-side analysts predict that Wix.com will post 0.04 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Handelsbanken Fonder AB increased its stake in Wix.com by 33.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 14,254 shares of the information services provider’s stock worth $647,000 after buying an additional 3,544 shares during the period. Arkadios Wealth Advisors bought a new stake in Wix.com during the 1st quarter valued at about $249,000. California State Teachers Retirement System lifted its holdings in Wix.com by 6.0% during the 1st quarter. California State Teachers Retirement System now owns 59,243 shares of the information services provider’s stock valued at $5,336,000 after buying an additional 3,343 shares in the last quarter. Empowered Funds LLC purchased a new stake in Wix.com in the 1st quarter valued at about $2,381,000. Finally, Quantinno Capital Management LP boosted its position in Wix.com by 155.6% in the 1st quarter. Quantinno Capital Management LP now owns 122,722 shares of the information services provider’s stock valued at $11,054,000 after buying an additional 74,716 shares during the period. 81.52% of the stock is currently owned by institutional investors.
Trending Headlines about Wix.com
Here are the key news stories impacting Wix.com this week:
- Positive Sentiment: Q2 earnings beat expectations: Wix reported adjusted EPS of $1.39 versus the $1.13 consensus estimate and revenue of approximately $563 million, ahead of the $553 million forecast. Revenue rose 15% year over year, while bookings increased 12%. The company maintained its full-year 2026 outlook for low- to mid-teens revenue growth and a high-teens free-cash-flow margin, excluding certain costs. Wix Reports Second Quarter 2026 Results
- Positive Sentiment: Base44 profitability is improving: Wix expects the AI coding platform to reach roughly 60% non-GAAP gross margin in the second half of 2026, up from near-zero margins earlier in the year, following the launch of its proprietary Base 1 model. Lower inference costs could support future margins and cash flow. Wix targets Base44 margin improvement
- Positive Sentiment: Analyst support increased: Benchmark raised its price target to $90 and Cantor Fitzgerald lifted its target to $80; both firms carry positive ratings. Needham also reaffirmed its buy rating with an $80 target, implying substantial potential upside from the referenced share price.
- Positive Sentiment: Potential SMB partnership: Wix and Thryv announced plans for a strategic partnership involving unified commerce, payments and website solutions, which could expand Wix’s reach among small and midsize businesses. Wix and Thryv partnership
Wix.com Company Profile
Wix.com Ltd. operates a cloud-based platform that enables individuals and businesses to create, manage and develop professional web presences through an intuitive drag-and-drop interface. The company’s software-as-a-service model provides hosting, customizable templates and a range of design tools, eliminating the need for coding expertise. Users can choose from a variety of premium plans to access custom domains, enhanced storage, and advanced performance features tailored to personal projects, small businesses and online storefronts.
Beyond its core website builder, Wix offers a suite of complementary services designed to support digital growth and marketing.
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