Wix.com (NASDAQ:WIX) Price Target Cut to $59.00 by Analysts at JPMorgan Chase & Co.

Posted by Geri Gentry on Nov 10th, 2026

Wix.com (NASDAQ:WIX – Get Free Report) had its price objective cut by equities research analysts at JPMorgan Chase & Co. from $62.00 to $59.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has an “underweight” rating on the information services provider’s stock. JPMorgan Chase & Co.‘s price target points to a potential downside of 9.36% from the company’s current price.

Other research analysts also recently issued reports about the company. Needham & Company LLC upped their price target on Wix.com from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, September 23rd. Cantor Fitzgerald raised their price objective on Wix.com from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, October 19th. Wells Fargo & Company boosted their price objective on Wix.com from $46.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Morgan Stanley downgraded Wix.com from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $112.00 to $60.00 in a report on Tuesday, July 21st. Finally, Wall Street Zen raised Wix.com from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Wix.com presently has a consensus rating of “Hold” and an average target price of $89.19.

View Our Latest Stock Report on Wix.com

Wix.com Stock Performance

Shares of NASDAQ WIX traded down $4.66 during trading on Tuesday, hitting $65.09. 1,139,434 shares of the company traded hands, compared to its average volume of 1,915,758. The business’s fifty day moving average is $77.36 and its 200 day moving average is $70.42. Wix.com has a fifty-two week low of $40.16 and a fifty-two week high of $136.80. The firm has a market capitalization of $3.80 billion, a price-to-earnings ratio of -18.41, a P/E/G ratio of 38.27 and a beta of 1.06.

Wix.com (NASDAQ:WIX – Get Free Report) last released its quarterly earnings data on Tuesday, November 10th. The information services provider reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.02. The company had revenue of $570.17 million for the quarter, compared to analysts’ expectations of $566.27 million. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. The business’s revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.80 EPS. On average, analysts predict that Wix.com will post 0.24 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Lior Shemesh acquired 456 shares of the business’s stock in a transaction on Monday, August 31st. The shares were purchased at an average cost of $59.89 per share, with a total value of $27,309.84. Following the acquisition, the chief financial officer directly owned 221,567 shares of the company’s stock, valued at $13,269,647.63. The trade was a 0.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ron Gutler sold 5,718 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $85.42, for a total transaction of $488,431.56. Following the completion of the sale, the director owned 15,631 shares of the company’s stock, valued at approximately $1,335,200.02. The trade was a 26.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders bought a total of 2,622 shares of company stock worth $157,032 in the last three months. 6.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wix.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its position in shares of Wix.com by 74.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 416 shares of the information services provider’s stock worth $30,000 after buying an additional 177 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Wix.com by 537.6% in the third quarter. Versant Capital Management Inc now owns 542 shares of the information services provider’s stock valued at $39,000 after acquiring an additional 457 shares in the last quarter. Lombard Odier Asset Management USA Corp purchased a new stake in shares of Wix.com during the first quarter valued at approximately $210,000. State of Alaska Department of Revenue purchased a new stake in shares of Wix.com during the third quarter valued at approximately $173,000. Finally, Arkadios Wealth Advisors purchased a new stake in shares of Wix.com during the first quarter valued at approximately $249,000. Hedge funds and other institutional investors own 81.52% of the company’s stock.

Key Headlines Impacting Wix.com

Here are the key news stories impacting Wix.com this week:

Positive Sentiment: Q3 revenue rose 12.9% year over year to $570.17 million, above consensus, while EPS of $1.42 also topped estimates. Wix Reports Third Quarter 2026 Results
Positive Sentiment: Wix expects revenue to improve in Q4 and for the full year, offering a favorable sales outlook. Wix.com Q3 Revenue Rises; Expects Q4, Annual Revenue To Improve
Negative Sentiment: The company lowered its cash-flow margin outlook, citing higher marketing spending and additional investment in AI. Investors may be concerned that these costs will weigh on near-term cash generation. Wix pours more money into AI, cuts cash flow outlook
Negative Sentiment: Bank of America downgraded Wix from Buy to Underperform and cut its price target from $75 to $68, adding to pressure on the stock. Bank of America stock recommendations

Wix.com Company Profile

(Get Free Report)

Wix.com Ltd. is a cloud-based platform that enables individuals, businesses and organizations to create and manage websites. Its tools include customizable templates, a visual website editor and hosting, allowing users to build sites without advanced coding skills or develop more customized experiences. The company also offers services for online businesses, including e-commerce features, appointment booking, payments, marketing tools and website analytics. Its products are designed to help customers manage multiple aspects of their online presence through one platform.