Why Wix.com Stock Fell 18.9% In February Before Soaring To Start March

Core Insights - Wix.com shares experienced an 18.9% decline in February due to investor concerns about potential disruption from artificial intelligence (AI) but rebounded after strong earnings in early March [1][3] Company Performance - Wix reported a 14% year-over-year revenue growth during its Q4 earnings report, indicating healthy cash flow and resilience against market fears [4] - The company is benefiting from its acquisition of Base44, which has surpassed $100 million in annual recurring revenue (ARR) [4] Stock Valuation and Buyback - Wix's management has authorized a share repurchase of up to $2 billion, aiming to retire 40% of its outstanding shares by 2026, reflecting confidence in the stock's value [7][8] - The current market capitalization of Wix is approximately $5 billion, and its price-to-free cash flow (P/FCF) stands at 8.9, making it one of the most affordable software stocks available [8]