Wix.com (NASDAQ:WIX) Announces Quarterly Earnings Results

Wix.com (NASDAQ:WIX) posted its earnings results on Tuesday. The information services provider reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.26, FiscalAI reports. Wix.com had a negative net margin of 1.97% and a negative return on equity of 33.28%. The firm had revenue of $563.06 million during the quarter, compared to analysts’ expectations of $552.56 million. During the same quarter in the prior year, the business earned $2.28 earnings per share. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year.

Wix.com Trading Up 5.8%

Shares of WIX stock opened at $60.14 on Tuesday. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of -77.01 and a beta of 0.90. The stock has a 50-day moving average of $50.12 and a 200-day moving average of $67.44. Wix.com has a 1-year low of $40.16 and a 1-year high of $190.93.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Morgan Stanley cut shares of Wix.com from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $112.00 to $60.00 in a research report on Tuesday, July 21st. Weiss Ratings downgraded Wix.com from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. JPMorgan Chase & Co. lowered their target price on Wix.com from $86.00 to $62.00 and set an “underweight” rating for the company in a report on Thursday, June 18th. Cantor Fitzgerald dropped their target price on Wix.com from $110.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Finally, Citigroup reduced their price target on Wix.com from $66.00 to $59.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Eleven analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $91.10.

Institutional Trading of Wix.com

Several institutional investors have recently added to or reduced their stakes in WIX. AQR Capital Management LLC boosted its stake in shares of Wix.com by 36.6% in the 1st quarter. AQR Capital Management LLC now owns 1,627 shares of the information services provider’s stock valued at $266,000 after purchasing an additional 436 shares during the last quarter. Woodline Partners LP lifted its holdings in Wix.com by 9.7% in the first quarter. Woodline Partners LP now owns 2,292 shares of the information services provider’s stock valued at $374,000 after buying an additional 202 shares during the period. Geneos Wealth Management Inc. boosted its position in Wix.com by 632.4% during the first quarter. Geneos Wealth Management Inc. now owns 249 shares of the information services provider’s stock valued at $41,000 after acquiring an additional 215 shares during the last quarter. Cetera Investment Advisers grew its holdings in Wix.com by 18.9% during the 2nd quarter. Cetera Investment Advisers now owns 1,853 shares of the information services provider’s stock worth $294,000 after acquiring an additional 295 shares during the period. Finally, American Century Companies Inc. raised its position in shares of Wix.com by 29.5% in the 2nd quarter. American Century Companies Inc. now owns 6,930 shares of the information services provider’s stock worth $1,098,000 after acquiring an additional 1,580 shares in the last quarter. 81.52% of the stock is currently owned by institutional investors.

Trending Headlines about Wix.com

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

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Wix reported adjusted earnings of $1.39 per share, above the $1.13 consensus estimate, while revenue of $563.06 million surpassed the $552.56 million forecast. Revenue rose 14.9% year over year, supporting the view that the core business continues to grow. Wix.com Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management reiterated its 2026 outlook and announced a potential SMB partnership. Wix and Thryv plan to combine website, commerce and payment capabilities for small and midsize businesses. The proposed relationship could expand distribution and strengthen Wix’s position in integrated SMB software, although it remains an intention rather than a completed deal. Thryv and Wix Strategic Partnership
• Neutral Sentiment: Profitability remains a concern. Although Wix beat the quarterly EPS estimate, earnings declined from $2.28 per share a year earlier. The company also posted a negative net margin, and analysts expect a small full-year loss, limiting the positive impact of the earnings beat.
• Negative Sentiment: Multiple law firms are promoting a securities class action. The lawsuit covers investors who purchased shares between February 19, 2025, and May 12, 2026, following a reported 27% share-price decline after the Q1 results. Attorneys allege Wix made misleading disclosures related to AI, Base44 cost pressures and its business outlook; these are allegations, not findings of wrongdoing. The lead-plaintiff deadline is in September. Wix Securities Class Action Notice
• Negative Sentiment: AI disruption fears remain an overhang. Investors continue to question whether AI-powered “vibe coding” tools could pressure Wix’s website-building business, contributing to the stock’s substantial decline from its prior peak despite the latest revenue growth.

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.