Cantor Fitzgerald Remains Bullish on Wix.com (WIX)

Core Insights - Wix.com Ltd. (NASDAQ:WIX) is identified as one of the 10 most undervalued stocks to buy and hold for a decade, with an Overweight rating and a price target of $130 set by Cantor Fitzgerald following the company's fourth-quarter results [1][2] Financial Performance - In the fourth quarter, Wix reported revenues and bookings that were in line with consensus estimates, achieving an EPS of $1.81, which exceeded Wall Street's consensus estimate of $1.42 [1] Growth Strategy - Wix's growth strategy is significantly influenced by its two AI-led initiatives, Base44 and Wix Harmony, which are expected to reshape the company's long-term growth trajectory [2] - Base44 is projected to generate $100 million in annual recurring revenue, presenting a generational opportunity for Wix in the AI-native application building sector [2] - Base44 is already gross-margin positive and is expected to surpass the previous 2026 revenue estimate of $108 million due to rapid product development and effective marketing strategies, including high-profile initiatives like the Super Bowl [2] Company Overview - Wix.com Ltd. operates a web development platform for creators, offering a range of services through a Software-as-a-Service model, including website templates, builders, designs, an app market, web hosting, domain names, and an AI website builder [3]