Strong Base44 Platform Momentum Drives Analyst Confidence in Wix.com (WIX)

Core Insights - Wix.com Ltd. (NASDAQ: WIX) is experiencing strong momentum with its Base44 platform, leading to high analyst confidence and a consensus Buy rating from over 90% of analysts [2] - The company reported a 14% year-over-year revenue growth in Q3 2025, reaching $505.2 million, driven by Creative Subscriptions and Business Solutions [3] - Wix.com executed $175 million in share repurchases and updated its full-year revenue guidance to $1.99-2.00 billion, projecting bookings at $2.060-2.078 billion [5] Financial Performance - Q3 2025 revenue was $505.2 million, with Creative Subscriptions revenue at $356.2 million (up 12% YoY) and Business Solutions revenue at $149.0 million (up 18% YoY) [3] - Non-GAAP net income was $100.2 million, or $1.68 per diluted share, while the company recorded a GAAP net loss of $0.6 million [3] Strategic Initiatives - Management is confident in the Base44 platform's growth, prompting increased marketing investments with strong returns [4] - The CFO reaffirmed that strategic investments will solidify Base44 as a key growth driver in 2026 [4] Analyst Ratings - UBS reiterated a "Buy" rating with a price target of $170 following the Q3 results announcement [2] - Needham's analyst also reiterated a "Buy" rating, acknowledging the potential of Base44 despite it being early to predict its long-term revenue impact [4]