Wix.com Ltd. (NASDAQ:WIX) Receives $100.90 Average Price Target from Analysts

Shares of Wix.com Ltd. (NASDAQ:WIX) have been given a consensus rating of “Moderate Buy” by the twenty-two analysts that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $100.90.

A number of equities analysts have recently issued reports on WIX shares. Wall Street Zen downgraded Wix.com from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Benchmark dropped their price objective on Wix.com from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Morgan Stanley cut their price objective on Wix.com from $125.00 to $112.00 and set an “overweight” rating for the company in a research report on Monday, May 18th. Bank of America decreased their target price on shares of Wix.com from $136.00 to $109.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Finally, Scotiabank lowered their price target on shares of Wix.com from $135.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th.

Wix.com Stock Performance

WIX stock opened at $56.06 on Friday. The stock has a market capitalization of $3.27 billion, a PE ratio of -71.87, a price-to-earnings-growth ratio of 2.19 and a beta of 1.01. The company has a fifty day moving average of $72.34 and a 200-day moving average of $85.37. Wix.com has a one year low of $51.40 and a one year high of $190.93.

Wix.com (NASDAQ:WIX) last posted its quarterly earnings results on Wednesday, May 13th. The information services provider reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.53). Wix.com had a negative return on equity of 33.28% and a negative net margin of 1.97%.The firm had revenue of $541.17 million for the quarter, compared to analysts’ expectations of $544.04 million. During the same period in the prior year, the company earned $1.69 earnings per share. The company’s revenue for the quarter was up 14.2% on a year-over-year basis. Equities analysts forecast that Wix.com will post 1.52 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Wix.com

A number of hedge funds and other institutional investors have recently modified their holdings of WIX. Mediolanum International Funds Ltd raised its holdings in Wix.com by 65.9% during the third quarter. Mediolanum International Funds Ltd now owns 55,647 shares of the information services provider’s stock worth $10,054,000 after purchasing an additional 22,112 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Wix.com by 2.6% in the third quarter. Principal Financial Group Inc. now owns 948,263 shares of the information services provider’s stock valued at $168,446,000 after purchasing an additional 23,836 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd purchased a new position in shares of Wix.com in the fourth quarter valued at $4,087,000. Intech Investment Management LLC purchased a new position in shares of Wix.com in the third quarter valued at $6,179,000. Finally, Dream Peak Capital Ltd acquired a new position in shares of Wix.com during the 4th quarter worth $1,500,000. 81.52% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Wix.com

Here are the key news stories impacting Wix.com this week:

• Positive Sentiment: Wix’s layoffs could eventually support margins and free cash flow if management successfully uses the restructuring to become leaner and more efficient. Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut
• Neutral Sentiment: The stock has drawn heavy investor attention after Wix became one of the most searched tickers, reflecting heightened trading interest rather than a fundamental change on its own. Investors Heavily Search Wix.com Ltd. (WIX): Here is What You Need to Know
• Negative Sentiment: Wix confirmed plans to cut about 1,000 jobs, or roughly 20% of its workforce, citing the rapid evolution of AI and currency pressure, which signals disruption and near-term uncertainty. Israeli website creator Wix.com cuts 1000 jobs due to strong shekel, growth of AI
• Negative Sentiment: Multiple law firms have launched securities-fraud and investor investigations into Wix after the sharp post-earnings decline and concerns about AI-demand issues and operating expense growth, adding another overhang for shares. WIX Securities News: Wix Investigated for Securities Fraud Over AI-Demand Issues – Investors with Losses Notified to Contact BFA Law
• Negative Sentiment: Earlier reports highlighted a prior earnings-related selloff and a 46% jump in operating expenses, reinforcing concerns that profitability and the company’s competitive position may be under pressure. Wix.com (WIX) 27% Drop Prompts Investor Scrutiny – HBSS Investigating Unanticipated Spike in Operating Expenses

Wix.com Company Profile

Wix.com Ltd. operates a cloud-based platform that enables individuals and businesses to create, manage and develop professional web presences through an intuitive drag-and-drop interface. The company’s software-as-a-service model provides hosting, customizable templates and a range of design tools, eliminating the need for coding expertise. Users can choose from a variety of premium plans to access custom domains, enhanced storage, and advanced performance features tailored to personal projects, small businesses and online storefronts.

Beyond its core website builder, Wix offers a suite of complementary services designed to support digital growth and marketing.