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

Wix.com (NASDAQ:WIX) announced its quarterly earnings data on Tuesday. The information services provider reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.02, FiscalAI reports. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. The business had revenue of $570.17 million during the quarter, compared to the consensus estimate of $566.27 million. During the same quarter last year, the firm earned $1.80 earnings per share. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year.

Here are the key takeaways from Wix.com’s conference call:

• Base44 reached nearly $250 million in ARR, with stronger conversion, improving cohort retention and upgrades, and Q3 gross margin of 58%; management expects second-half margin around 60% and sees further improvement ahead.
• Wix highlighted new growth opportunities across its portfolio: Symphony reached millions of dollars in ARR within months of launch, while Studio Two’s open AI-enabled workflow is intended to attract agencies and support an enterprise offering.
• Wix is accelerating Base44 marketing and enterprise sales investment, lowering its 2026 free cash flow margin outlook to approximately 16%, from a prior target in the high teens. Management said spending will remain tied to its return-on-investment targets.
• Wix maintained its full-year outlook for low-teens bookings growth and low-to-mid-teens revenue growth; for Q4, it expects low-double-digit revenue growth, with bookings growth continuing to lag revenue.
• Management said the company had 25% fewer employees at Q3-end than in 2022 while delivering double-digit bookings growth and launching new products, and expects the core business’s free cash flow to improve further.

Wix.com Price Performance

Wix.com stock opened at $64.38 on Wednesday. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of -18.19, a price-to-earnings-growth ratio of 33.15 and a beta of 1.06. The firm has a 50-day moving average of $76.88 and a two-hundred day moving average of $70.32. Wix.com has a 1 year low of $40.16 and a 1 year high of $136.80.

Analyst Ratings Changes

Several brokerages have recently weighed in on WIX. JPMorgan Chase & Co. reduced their price target on Wix.com from $62.00 to $59.00 and set an “underweight” rating on the stock in a report on Tuesday. Jefferies Financial Group reissued a “buy” rating and set a $85.00 price target on shares of Wix.com in a research note on Tuesday. Citigroup restated a “neutral” rating on shares of Wix.com in a report on Wednesday, August 12th. Needham & Company LLC upped their price objective on Wix.com from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, September 23rd. Finally, Royal Bank Of Canada increased their target price on Wix.com from $45.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Wix.com currently has an average rating of “Hold” and an average target price of $88.71.

More Wix.com News

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

• Positive Sentiment: Wix reported Q3 adjusted earnings of $1.42 per share and revenue of $570.17 million, topping estimates of $1.40 and about $566 million, respectively. Revenue grew 12.9% year over year. Wix Reports Third Quarter 2026 Results
• Positive Sentiment: AI-focused subsidiary Base44 showed rapid growth: its annual recurring revenue approached $250 million within two years of acquisition, with a nearly 60% non-GAAP gross margin in Q3. Wix.com: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Despite the quarterly beat and year-over-year sales growth, EPS was below the year-ago $1.80, tempering the positive headline results. Wix.com Q3 Earnings and Revenue
• Negative Sentiment: The main concern is Wix’s reduced cash-flow margin outlook, with the company investing more in AI and marketing. Investors may be weighing the near-term cost of those investments against their potential future returns. Wix Pours More Money Into AI, Cuts Cash Flow Outlook
• Negative Sentiment: Analyst downgrades added pressure: Bank of America cut its rating from Buy to Underperform and lowered its target to $68 from $75. JPMorgan lowered its target to $59 from $62 and maintained an Underweight rating. JPMorgan Lowers Wix Price Target

Insider Buying and Selling at Wix.com

In related news, CFO Lior Shemesh bought 456 shares of Wix.com stock in a transaction dated Monday, August 31st. The shares were acquired at an average cost of $59.89 per share, with a total value of $27,309.84. Following the completion of the transaction, the chief financial officer owned 221,567 shares in the company, valued at $13,269,647.63. The trade was a 0.21% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Shelly B. Meyer sold 479 shares of Wix.com stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $95.00, for a total transaction of $45,505.00. Following the sale, the insider directly owned 183,010 shares of the company’s stock, valued at $17,385,950. This represents a 0.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders bought 2,622 shares of company stock valued at $157,032. 6.20% of the stock is owned by corporate insiders.

Wix.com Company Profile

Wix.com Ltd. is a cloud-based platform that enables individuals, businesses and organizations to create and manage websites. Its tools include customizable templates, a visual website editor and hosting, allowing users to build sites without advanced coding skills or develop more customized experiences. The company also offers services for online businesses, including e-commerce features, appointment booking, payments, marketing tools and website analytics. Its products are designed to help customers manage multiple aspects of their online presence through one platform.