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Why Wix.com (WIX) Outpaced the Stock Market Today
ZACKS· 2025-01-07 00:11
Wix.com (WIX) closed the most recent trading day at $226.95, moving +1.89% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.55%. On the other hand, the Dow registered a loss of 0.06%, and the technology-centric Nasdaq increased by 1.24%.Analysts and investors alike will be keeping a close eye on the performance of Wix.com in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.61, showcasing a 31.97% upward movement from the corr ...
Wix.com: Full Steam Ahead
Seeking Alpha· 2024-12-21 05:35
With the S&P 500 continuing to straddle all-time highs amid growing valuation concerns and the prospect that the Fed may slow down the pace of rate decreases, it has been more critical than ever to pivot our portfolios toward "growthWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contribut ...
Wix Unveils AI Site-Chat to Transform Online Customer Engagement
ZACKS· 2024-12-12 15:25
Wix.com Ltd. (WIX) has launched an artificial intelligence (AI) Site-Chat, a virtual agent designed to transform how businesses interact with website visitors. This innovative tool provides 24/7 real-time responses, enabling businesses to address customer queries, share accurate information and recommend relevant products and services.The AI Site-Chat integrates with a website's internal systems, delivering “up-to-the-minute information” and personalized recommendations by recognizing user intent. It also h ...
Wix Releases AI Feature for Businesses to Engage with their Customers Online
GlobeNewswire News Room· 2024-12-11 14:00
The new AI Site-Chat improves how website visitors interact with businesses’ sites, ultimately increasing customer engagement and streamlining support NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced the launch of the AI Site-Chat - designed to serve as a virtual agent for customers. With the AI Site-Chat, businesses can connect with visitors 24/7, answer their questions, and provide relevant information in real time, even when business owners are u ...
Introducing the Wix Studio x Pantone Color of the Year 2025 Web Capsule
GlobeNewswire News Room· 2024-12-05 15:00
The first-ever capsule of web design assets incorporating the Pantone Color of the Year 2025 PANTONE 17-1230 Mocha Mousse is now exclusively available on Wix Studio NEW YORK -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, announced today Wix Studio and Pantone®, the global color authority and provider of professional color language standards and digital solutions for the design community, have teamed up to create the first-ever web design asset collection curated in the P ...
These Analysts Boost Their Forecasts On Wix.com After Upbeat Earnings
Benzinga· 2024-11-21 19:15
Wix.com Ltd WIX reported better-than-expected fiscal third-quarter 2024 results on Wednesday.Revenue grew 13% year over year to $444.7 million, beating the analyst consensus estimate of $444.0 million. Adjusted EPS of $1.50 beat the analyst consensus estimate of $1.43.Wix.com expects fiscal 2024 revenue of $1.757 billion—$1.764 billion(prior $1.747 billion—$1.761 billion) vs. the consensus of $1.76 billion. Wix.com projects 2024 bookings of $1.822 billion—$1.832 billion(prior$1.802 billion—$1.822 billion).T ...
Wix Q3: Surpassing 'Rule Of 40' Ahead Of Schedule
Seeking Alpha· 2024-11-21 12:00
I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.I last wrote about Wix (NASDAQ: WIX ) in August, where I reiterated my “buy” rating with a price target of $200. Since then, the stock has climbed close to 30% and, with the latestAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's objective is ...
Why Wix.com Stock Jumped to a 3-Year High Today
The Motley Fool· 2024-11-20 18:11
Shares of website building platform Wix.com (WIX 14.16%) jumped on Wednesday after the Israeli company reported financial results for the third quarter of 2024. As of 10:50 a.m. ET, Wix stock was up nearly 14% and topped $200 per share for the first time since late 2021.Wix had a beat-and-raise quarterIn Q3, Wix generated more revenue than analysts had expected as well as higher profits. It turns out that the company's generative artificial intelligence (AI) is helping onboard more customers to create websi ...
Wix(WIX) - 2024 Q3 - Earnings Call Transcript
2024-11-20 16:18
Wix.com Ltd. (NASDAQ:WIX) Q3 2024 Earnings Conference Call November 20, 2024 8:30 AM ET Company Participants Emily Liu - IR Avishai Abrahami - CEO and Co-Founder Nir Zohar - President and COO Lior Shemesh - CFO Conference Call Participants Trevor Young - Barclays Ygal Arounian - Citigroup Andrew Boone - JMP Securities Ken Wong - Oppenheimer & Company Elizabeth Porter - Morgan Stanley Bernie McTernan - Needham & Company Robert Coolbrith - Evercore ISI Clarke Jeffries - Piper Sandler Operator Good day and tha ...
WIX Q3 Earnings Beat Estimates on Higher Revenues, Shares Jump
ZACKS· 2024-11-20 15:45
Wix.com Ltd (WIX) reported non-GAAP earnings per share (EPS) of $1.50 for third-quarter 2024, exceeding the Zacks Consensus Estimate of $1.44. The company had reported EPS of $1.10 in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total revenues increased 13% year over year to $444.7 million and beat the Zacks Consensus Estimate of $443.6 million.At the end of Sept. 30, 2024, registered users were 278 million.In response to the results, WIX’s shares went up 14. ...