Wix(WIX)

Search documents
Wix.com (WIX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-20 23:06
In the latest market close, Wix.com (WIX) reached $160.64, with a -0.29% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. Shares of the cloud-based web development company have depreciated by 2.43% over the course of the past month, underperforming the Computer and Technology sector's loss of 0.09% and the S&P 500's gain of 2.06%. Market parti ...
Wix Stock Surges More Than 65% in a Year: Will the Rally Continue?
ZACKS· 2024-09-17 14:51
Wix.com's (WIX) shares have been performing well on the trading front, with a gain of 65.4% in the past year compared with the S&P 500 composite and sub-industry's growth of 25.9% and 22.9%, respectively. Strong financial performance is driving the stock's trajectory. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 29.8%. Closing at $156.59 as of yesterday's trading session, WIX stock is currently trading 12.4% below its 52-week ...
Wix Introduces a New AI Assistant to Guide and Enhance Website Theme
Prnewswire· 2024-09-12 13:00
The theme assistant guides users to features that help edit design elements, helping to unify the site with a cohesive look and feel NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, announced today the launch of its AI theme assistant, a tool designed to streamline and enhance the website design process. The AI theme assistant offers users personalized guidance and realtime suggestions, enabling them to effortlessly design the theme of ...
Is It Worth Investing in Wix.com (WIX) Based on Wall Street's Bullish Views?
ZACKS· 2024-09-10 14:36
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Wix.com (WIX) . Wix.com currently has an average brokerage recommendation ...
Is Trending Stock Wix.com Ltd. (WIX) a Buy Now?
ZACKS· 2024-08-29 14:01
Wix.com (WIX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this cloud-based web development company have returned +5.2% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Computers - IT Services industry, to which Wix.com belongs, has gained 1.3% over this period. Now the key question is: Where could the stock be headed in the near ter ...
Web Development Stock Surges as AI Offerings Accelerate Revenues
MarketBeat· 2024-08-13 11:32
Website development platform Wix.com Ltd. NASDAQ: WIX helps consumers and businesses create and develop websites in minutes and enable eCommerce transactions. Domain registration was one of Wix's earliest services enabling customers to register and renew domain names as well as purchase them through the platform. Wix offers a customer relationship manager (CRM) program called Ascend, with features including lead management tools, email marketing, and automation. Its Logo Maker feature creates logos for a on ...
Wix.com (WIX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-07 14:36
For the quarter ended June 2024, Wix.com (WIX) reported revenue of $435.75 million, up 11.7% over the same period last year. EPS came in at $1.67, compared to $1.26 in the year-ago quarter. The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $433.61 million. With the consensus EPS estimate being $1.32, the EPS surprise was +26.52%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Wix(WIX) - 2024 Q2 - Quarterly Report
2024-08-07 12:30
Accelerated bookings growth, driven by key product initiatives, and FCF margin expansion in Q2 builds momentum for 2H NEW YORK, August 7, 2024 -- Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally , today reported financial results for the second quarter of 2024. In addition, the Company provided its outlook for the third quarter and an updated outlook for full year 2024. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q2'24 Shareholder U ...
Stay Ahead of the Game With Wix.com (WIX) Q2 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-08-02 14:21
Analysts on Wall Street project that Wix.com (WIX) will announce quarterly earnings of $1.32 per share in its forthcoming report, representing an increase of 4.8% year over year. Revenues are projected to reach $433.61 million, increasing 11.2% from the same quarter last year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Prior to a ...
Wix Releases Comprehensive Suite of AI-Powered Tools for Ideation and Creation of Blogs
Prnewswire· 2024-07-31 13:00
The suite of the new AI functionalities for the blog is designed to provide users with simple solutions to create blogs and build their content library NEW YORK, July 31, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, announced today the release of a suite of AI-powered tools designed to suggest relevant topic ideas for blogs, generate the content and images for their target audience. With this new experience, users can swiftly turn ideas into near-read ...