NEW YORK - Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced that Wix management will participate in a fireside chat at Morgan Stanley's Technology, Media & Telecom Conference on Wednesday, March 5th at 3:20 p.m. PST. The event will be available via live audio webcast and archived replay on Wix's investor relations website: https://investors.wix.com. About Wix.com Ltd. Wix is the leading SaaS website builder platform1 to create, manage and grow a digital pre ...

Wix.com Ltd. (WIX) is scheduled to release fourth-quarter 2024 results on Feb. 19, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company expects fourth-quarter revenues to be between $457 million and $464 million, implying 13-15% growth from the prior-year quarter's reported figure. The Zacks Consensus Estimate is pegged at $461.3 million, indicating an increase of 14.3% from a year ago.The Zacks Consensus Estimate for earnings is pegged at $1.61 per share, ...

The upcoming report from Wix.com (WIX) is expected to reveal quarterly earnings of $1.61 per share, indicating an increase of 32% compared to the year-ago period. Analysts forecast revenues of $461.34 million, representing an increase of 14.3% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a company's earnings disclosu ...

In the latest market close, Wix.com (WIX) reached $238.89, with a -1.44% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 0.51% for the day. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 0.28%.The cloud-based web development company's shares have seen an increase of 11.94% over the last month, surpassing the Computer and Technology sector's gain of 0.79% and the S&P 500's gain of 2.87%.The investment community will be paying clo ...

Wix.com Ltd. (WIX) has unveiled Business Launcher, an artificial intelligence (AI)-driven tool designed to help users transform new business ideas into reality, from concept to execution. The tool is available in English with free access, alongside optional premium upgrades.The tool analyzes users' skills, experience and goals to generate personalized business ideas with just a few questions or by uploading a resume. It provides detailed insights, including market potential, search engine optimization (SEO) ...

Wix.com (WIX) closed at $242.39 in the latest trading session, marking a +0.1% move from the prior day. This move lagged the S&P 500's daily gain of 0.53%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.25%.The cloud-based web development company's shares have seen an increase of 12.86% over the last month, surpassing the Computer and Technology sector's loss of 0.75% and the S&P 500's gain of 1.24%.The upcoming earnings release of Wix.com will be of great interest to investors ...

Business Launcher - starting page The Business Launcher simplifies the entrepreneurial journey by offering a personalized, end-to-end solution that translates users' skills and experiences into viable business ventures. Business Launcher Chat Users begin by answering a few questions about their background, or by uploading their resume, and then are asked about their goals—whether they’re aiming for a side hustle, exploring a new career path, or planning a full-time business—creating a foundation for ...

NEW YORK -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the fourth quarter ended December 31, 2024 before the market opens on Wednesday, February 19, 2025. Management will host a conference call and webcast that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call and webcast, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.co ...

Wix's New Integration with YouTube Shopping - Wix has introduced a new integration with YouTube Shopping, enabling merchants to sell products directly on YouTube through a dedicated store format on their profiles [1] - Merchants can tag products in YouTube videos, live streams, and shorts, enhancing visibility and engagement, with products appearing on the YouTube store tab for easy purchase [2] - The integration allows automatic syncing of product details like descriptions and images between platforms, while merchants gain insights into shopping behavior via YouTube's analytics [2] - Merchants can manage YouTube Shopping through the Wix dashboard, leveraging features like product tagging and drops, with Wix handling backend processes such as inventory management and checkout [3] Wix's E-Commerce and AI Strategy - Wix benefits from strong e-commerce growth, leveraging its cloud-based platform to meet evolving merchant needs as social media, cloud tech, mobile devices, and data analytics reshape the e-commerce landscape [5] - The global e-commerce market is estimated at $10.19 trillion for 2025 and is expected to reach $21.22 trillion by 2030, growing at a CAGR of 15.8% from 2025-2030 [5] - Wix has been focusing on generative AI, embedding 29 AI business assistants across its platform to improve operational efficiency and customer conversion rates [6] - On Dec 11, 2024, Wix launched AI Site-Chat, a virtual agent that helps businesses engage visitors 24/7, address queries, and provide real-time info, improving customer experience and boosting potential sales [6] Wix's Financial Performance and Outlook - Wix's healthy bookings growth is driven by heightened demand for Studio subscriptions, commerce activity, and AI solutions, with a significant portion of new partner bookings coming from Studio accounts [6] - The percentage of registered users using Wix Payments grew every quarter throughout 2021 and continued into Q3 2024 [6] - Management raised the 2024 outlook for bookings, revenues, and free cash flow, with revenues now expected to be $1,757-$1,764 million, up from the previous guidance of $1,747-$1,761 million [6] - Wix's stock price surged 86.4% in the past year, outperforming the industry's growth of 12.1% [7] Wix's Business Overview - Wix is a cloud-based web development platform headquartered in Tel Aviv, Israel, offering solutions for businesses, organizations, professionals, and individuals to develop customized websites and application platforms [4] Other Top-Ranked Technology Stocks - BlackBerry Limited (BB) has a Zacks Rank 1 (Strong Buy), with earnings beating estimates in each of the trailing four quarters, averaging a 131.25% surprise, and shares surging 72.7% in the past six months [10][11] - InterDigital, Inc (IDCC) also sports a Zacks Rank 1, with a long-term earnings growth rate of 15% and shares jumping 45.2% in the past six months [10][12] - Amazon.com, Inc (AMZN) carries a Zacks Rank 2 (Buy), with a long-term earnings growth rate of 28.2% and shares surging 49.3% in the past year [10][13]

NEW YORK – – Wix.com Ltd. (NASDAQ:WIX), today announced that it has completed $200 million in share repurchases, which were part of the authorization by its Board of Directors approved in July 2024. The Company repurchased 868,026 outstanding Wix ordinary shares, representing approximately 1.5% of total shares outstanding, at an approximate volume-weighted average price per share of $230.41. About Wix.com Ltd. Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. F ...