Wix(WIX)
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Here's Why Wix.com Stock Tumbled 16% in January
Yahoo Finance· 2026-02-04 14:44
Shares of website-building platform Wix (NASDAQ: WIX) dropped 16.4% in January, according to data provided by S&P Global Market Intelligence. Other than a buyback plan announced late in the month, there was no meaningful news driving the decline. Instead, persistent fears that artificial intelligence will wreck business models across the software industry are likely the culprit. Image source: Getty Images. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best s ...
What Makes Wix.com (WIX) a Strong Long-Term Position?
Yahoo Finance· 2026-02-03 13:01
Diamond Hill Capital, an investment management company, released its “Large Cap Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets continued their upward momentum in Q4, with the Russell 1000 Value Index increasing 3.8%. The information technology (+11%) and communication services (+9%) sectors are leading the rally, driven by AI optimism. The growth areas of the market accounted for the majority of the Index’s return in Q4. The firm maintains a cautious s ...
Wix.com (WIX) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2026-01-30 23:51
Core Viewpoint - Wix.com (WIX) has experienced a significant decline in stock price, underperforming compared to major indices, and is facing a challenging earnings outlook with a predicted decline in EPS for the upcoming quarter [1][2][3]. Company Performance - Wix.com ended the recent trading session at $86.83, reflecting a -3.49% change from the previous day's closing price [1]. - Over the past month, shares of Wix.com have lost 13.4%, while the Computer and Technology sector gained 1.51% and the S&P 500 gained 0.89% [2]. - The upcoming financial results are expected to show an EPS of $1.36, indicating a 29.53% decline compared to the same quarter last year, with revenue projected at $528.03 million, up 14.68% from the prior-year quarter [3]. Annual Estimates - For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.76 per share and revenue of $2 billion, reflecting shifts of +5.79% and 0%, respectively, from the last year [4]. - Recent changes to analyst estimates for Wix.com indicate a dynamic business outlook, with positive revisions suggesting optimism [4]. Valuation Metrics - Wix.com is currently trading with a Forward P/E ratio of 13.81, which is lower than the industry average of 17.04, suggesting it is trading at a discount [7]. - The company has a PEG ratio of 0.74, compared to the industry average PEG ratio of 1.35, indicating a favorable valuation relative to expected earnings growth [8]. Industry Context - The Computers - IT Services industry, which includes Wix.com, holds a Zacks Industry Rank of 88, placing it in the top 36% of over 250 industries [8]. - The Zacks Rank system, which evaluates stocks based on estimate changes, currently ranks Wix.com at 4 (Sell), indicating a less favorable outlook compared to higher-ranked stocks [6].
Analysts Upgrade Wix (WIX) After Share Repurchase News
Yahoo Finance· 2026-01-30 20:40
Wix.com Ltd. (NASDAQ:WIX) is one of the most promising cloud stocks according to analysts. Capitalizing on the decline in its share price over the past year, Wix.com Limited (NASDAQ:WIX) management announced a $2 billion share repurchase program on January 28. Although this comes amid analysts lowering their price targets on the stock. On January 15, Morgan Stanley analyst Elizabeth Porter reiterated her Buy rating on the stock while lowering the firm’s price target from $181 to $160. The downward-adjusted ...
The CEO of Wix shares the jobs he's most and least concerned about AI replacing
Business Insider· 2026-01-30 10:43
What keeps the CEO of the billion-dollar company Wix up at night? The future of the workforce. "I'm really worried about the employment market," Avishai Abrahami told Business Insider.The CEO said that a "massive amount" of roles will shrink due to AI advancement. He predicted that roughly 70% of the top 20 most popular jobs in the US today will be affected by AI over the next five to 10 years. Abrahami said he's concerned about computers outsmarting humans, a concept often referred to as artificial gener ...
Wix Introduces a New Way to Create with its Super Bowl Teaser
Globenewswire· 2026-01-29 14:15
Wix Harmony The new way to create Wix Harmony The ad captures a creative journey with Wix Harmony that moves naturally from inspiration to execution NEW YORK – Wix.com Ltd. (Nasdaq: WIX), a leading global platform for creating, managing and growing a complete digital presence, today unveiled the creative behind its Super Bowl LX commercial, following the launch of Wix Harmony, its new flagship web creation platform. At the heart of the campaign is Wix Harmony’s hybrid creation experience, whic ...
Introducing Base44’s Super Bowl Teaser: “It’s App to You”
Globenewswire· 2026-01-29 14:00
It's App to You I just built an app Shaping your ideas into apps that work your way A campaign built around shaping your ideas into apps that work your way NEW YORK – Base44, the AI-powered platform that lets users build fully functioning apps in minutes, today unveiled the creative behind its Big Game debut, following the announcement that it will air its first-ever Super Bowl ad. The campaign titled, “It’s app to you,” reflects how Base44 is redefining app creation by removing traditional bar ...
Wix.com (WIX) Soars 5.8%: Is Further Upside Left in the Stock?
ZACKS· 2026-01-29 12:11
Company Overview - Wix.com (WIX) shares increased by 5.8% to close at $93.04, following a notable trading volume, despite a 15% loss over the past four weeks [1] - The company announced a new buyback authorization of up to $2 billion over the next two years, highlighting its strong cash flow generation and commitment to shareholder returns [2] Earnings Expectations - Wix is expected to report quarterly earnings of $1.36 per share, reflecting a year-over-year decline of 29.5%, while revenues are projected to be $528.03 million, an increase of 14.7% from the previous year [3] - The consensus EPS estimate for Wix has been revised 0.6% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [4] Industry Context - Wix.com operates within the Zacks Computers - IT Services industry, where another company, Leidos (LDOS), has seen a 0.3% increase in its stock price, closing at $187.77, with a 2.1% return over the past month [4] - Leidos has a consensus EPS estimate of $2.57, which is a 2% increase from the previous month and an 8.4% increase year-over-year, also holding a Zacks Rank of 3 (Hold) [5]
Investors More "Selective" in Tech, Fed's Leadership Biggest FOMC Question
Youtube· 2026-01-28 17:01
Welcome back to Morning Trade Live. It's time now for the big picture. So, let's welcome in the team from Charles Schwab.We've got Nathan Peterson, director of derivatives analysis, Schwab Center for Financial Research, and Mike Townsen, managing director, legislative and regulatory affairs at Charles Schwab. Nate, we've got to start with you. Uh, what a busy day.Obviously with the FOMC, we kind of know what they're going to do. Very earnings driven day. We've had Trump out this morning saying America is ba ...
Base44 to Air its First Super Bowl Ad
Globenewswire· 2026-01-28 14:00
Base44 brings vibe-coding app creation to the biggest advertising stage NEW YORK – Base44, the AI-powered platform that lets users build fully functioning apps in minutes, today announced that it will air its first-ever Super Bowl campaign during the Super Bowl LX broadcast on Sunday, February 8, 2026. “The pace of growth at Base44 over the past year has been extraordinary, and appearing during the Big Game is a marker of that momentum,” said Shay Korin, VP Marketing of Base44. “In less than a year, Base44 ...