Wix(US:WIX) Benzinga·2025-11-20 14:00Financial Performance - Wix.com reported quarterly earnings of $1.68 per share, exceeding the analyst consensus estimate of $1.47 per share [1] - The company achieved quarterly sales of $505.194 million, surpassing the analyst consensus estimate of $502.682 million [1] - Wix.com raised its FY2025 sales guidance from $1.975 billion-$2.000 billion to $1.990 billion-$2.000 billion [1] Strategic Initiatives - The CEO of Wix, Avishai Abrahami, emphasized the company's mission to democratize technology through advanced AI and natural-language development with the introduction of Base44 [2] - The company aims to eliminate barriers of complexity in accessing advanced technology [2] Analyst Reactions - Needham analyst Bernie McTernan maintained a Buy rating on Wix.com but lowered the price target from $200 to $140 [5] - Citizens analyst Andrew Boone maintained a Market Outperform rating and cut the price target from $210 to $185 [5] - Benchmark analyst Mark Zgutowicz also maintained a Buy rating while lowering the price target from $230 to $185 [5]