Wix.com (NASDAQ:WIX) Shares Up 8% – Should You Buy?

Posted by Brian Himes on Jul 1st, 2026

Wix.com Ltd. (NASDAQ:WIX – Get Free Report) was up 8% during mid-day trading on Wednesday . The stock traded as high as $48.99 and last traded at $49.0160. Approximately 232,542 shares were traded during trading, a decline of 90% from the average session volume of 2,390,015 shares. The stock had previously closed at $45.37.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Raymond James Financial restated a “strong-buy” rating and set a $100.00 target price on shares of Wix.com in a research note on Wednesday, March 4th. UBS Group dropped their target price on shares of Wix.com from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 10th. Needham & Company LLC reiterated a “buy” rating and set a $80.00 target price on shares of Wix.com in a research note on Monday, June 15th. Barclays reduced their target price on shares of Wix.com from $155.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Finally, JPMorgan Chase & Co. cut their price target on Wix.com from $86.00 to $62.00 and set an “underweight” rating for the company in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $96.75.

Read Our Latest Analysis on Wix.com

Wix.com Stock Up 8.1%

The stock has a market capitalization of $2.86 billion, a P/E ratio of -62.85 and a beta of 0.91. The business has a 50-day simple moving average of $57.75 and a two-hundred day simple moving average of $75.78.

Wix.com (NASDAQ:WIX – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The information services provider reported $0.68 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.53). Wix.com had a negative return on equity of 33.28% and a negative net margin of 1.97%.The firm had revenue of $541.17 million for the quarter, compared to analyst estimates of $544.04 million. During the same period in the previous year, the business posted $1.69 EPS. The business’s quarterly revenue was up 14.2% on a year-over-year basis. On average, sell-side analysts forecast that Wix.com Ltd. will post -0.16 earnings per share for the current year.

Hedge Funds Weigh In On Wix.com

Institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in shares of Wix.com by 122.2% during the fourth quarter. Farther Finance Advisors LLC now owns 240 shares of the information services provider’s stock valued at $25,000 after purchasing an additional 132 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Wix.com by 632.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the information services provider’s stock valued at $41,000 after buying an additional 215 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Wix.com in the 4th quarter valued at $27,000. National Bank of Canada FI bought a new stake in shares of Wix.com during the third quarter worth $54,000. Finally, MAI Capital Management lifted its stake in shares of Wix.com by 109.1% during the third quarter. MAI Capital Management now owns 366 shares of the information services provider’s stock valued at $65,000 after acquiring an additional 191 shares during the period. 81.52% of the stock is owned by institutional investors.

About Wix.com

(Get Free Report)

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.