Latest news with #WIX
Yahoo
a day ago
- Business
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Morgan Stanley Maintained a Buy Rating on Wix.com (WIX), Kept the PT Unchanged
Ltd. (NASDAQ:WIX) is one of the 11 Best Tech Stocks to Buy On the Dip. On June 13, analyst Elizabeth Porter from Morgan Stanley maintained a Buy rating on Ltd. (NASDAQ:WIX) with a price target of $207. The rating comes after the company released its Q1 2025 results in May. The company delivered a robust start to the year with Q1 total bookings of $511 million up 12% year-over-year. The revenue for the quarter totaled $474 million, exceeding expectations and reflecting 13% growth. Management noted this to be driven by accelerated Self Creators growth and momentum in Studio adoption. A content marketing website showing the audience reach of the company's products. Analyst Porter appreciated the robust performance of Ltd. (NASDAQ:WIX) across key indicators including bookings, revenue, operating margins, and free cash flow. Porter noted this growth suggests a solid demand and counters concerns about competition and AI displacement risks. Management of Ltd. (NASDAQ:WIX) maintained a full-year booking outlook at $2.025 billion to $2.060 billion reflecting an 11% to 13% increase year-over-year. The analyst acknowledged the outlook to be conservative due to macroeconomic challenges, particularly in the Business Solutions segment. While we acknowledge the potential of WIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
29-05-2025
- Business
- Yahoo
Wix.com price target lowered to $230 from $240 at B. Riley
B. Riley analyst Naved Khan lowered the firm's price target on (WIX) to $230 from $240 and keeps a Buy rating on the shares following the Q1 results. continues to see strong demand trends, with Partner Channel benefiting from the popularity of Studio and AI enhancements driving DIY growth, while Q2-to-date trends have remained healthy, the analyst tells investors in a research note. The company's track record of product innovation and the recent launches position the business for sustained share gains and healthy growth in bookings and free cash flow, the firm says. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on WIX: Disclaimer & DisclosureReport an Issue Deckers downgraded, Morgan Stanley upgraded: Wall Street's top analyst calls acquires Hour One to expand generative AI capabilities upgraded to Outperform from Neutral at Baird Ltd's Strong Start to 2025: Earnings Call Highlights price target lowered to $200 from $257 at Seaport Research Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Wix Acquires Hour One to Boost Generative AI and Drive Innovation
Ltd. WIX has announced the acquisition of Hour One, a pioneer in generative artificial intelligence (AI) media creation. This move further strengthens Wix's position at the forefront of AI-driven digital experiences, enhancing its capabilities in advanced web and visual design. Hour One specializes in technology that enables scalable production of studio-quality content. Its platform allows users to create personalized videos and interactive media, combining storytelling with real-time engagement. Its proprietary cloud infrastructure integrates generative AI inference with advanced 3D rendering, making it a valuable asset that positions Wix at the forefront of scalable, high-impact content creation. Ltd. price-consensus-chart | Ltd. Quote Wix highlighted that this acquisition significantly expands its AI expertise and aligns with its vision of making web creation faster, smarter and more immersive. Bringing this technology in-house allows the company to maintain greater control over front-end innovations, reduce third-party dependencies and manage costs more effectively. WIX is focusing on generative AI, which represents a significant business growth driver. It is also embedding AI assistants across its platform and continues to add new products to capitalize on the AI boom. New AI business assistants are improving operational efficiency and customer conversion rates. The recent launch of Wixel is a primary step in this direction. Wixel introduced in May 2025 is a new standalone AI-driven visual design platform designed to make professional-grade design accessible to everyone. Combining advanced AI with a user-friendly interface and robust features, Wixel empowers users to easily transform ideas into high-quality visual content with minimal effort. Before that, Wix launched the Model Context Protocol (MCP) Server, allowing developers and business owners to create production-ready Wix solutions through AI coding assistants and large language models. The MCP Server enables seamless code generation and business management using natural language via tools like Claude, Cursor and Windsurf. It provides access to key Wix functionalities such as inventory management, staff scheduling, secure checkouts, ticketing, a flexible CMS and CRM features for lead capture and back-office operations. In April, 2025, Wix introduced an AI-powered adaptive content application. This innovative tool is designed to dynamically personalize website content, tailoring it to individual visitor characteristics and user-defined instructions, thereby boosting engagement and enhancing the user experience. Wix unveiled Astro, an AI-powered business assistant designed to enhance user productivity and streamline business operations in April 2025. This innovative tool allows users to interact through a chat-based interface to perform a wide range of business and back-office tasks effortlessly. Astro represents the first in a series of AI-driven agents Wix plans to introduce, setting the foundation for increased efficiency, better monetization and business growth for users. Wix is focusing on AI to reduce user friction, enhance design quality and speed up time-to-market for customers. Recently, WIX reported first-quarter 2025 results, wherein non-GAAP earnings per share (EPS) came to $1.55 compared with $1.29 in the year-ago quarter. Quarterly revenues increased 13% year over year to $473.7 million. The top line exceeded management's guidance ($469-$473 million), driven by strong performance of the new user cohort and continued healthy engagement from existing users. Wix is focusing on AI to reduce user friction, enhance design quality and speed up time-to-market for customers. Wix continues to expect revenues to grow 12-14% in the range of $1.97-$2 billion for 2025. Management reiterated non-GAAP total gross margin at 70% and non-GAAP operating expenses to be 47-48% of 2025 net sales. WIX currently carries a Zacks Rank #3 (Hold). Shares of the company have declined 11% in the past year against the Computers - IT Services industry's growth of 5.2%. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Unisys Corporation UIS, Stem, Inc. STEM and Cognizant Technology Solutions Corporation CTSH. UIS sports a Zacks Rank #1, while STEM and CTSH carry a Zacks Rank #2 (Buy). Unisys' earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing in one, with the average surprise being 46.85%. In the last reported quarter, UIS delivered an earnings surprise of 79.17%. The company's long-term earnings growth rate is 15%. Its shares have increased 6.8% in the past year. Stem's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing in one, with the average surprise being 12.34%. In the last reported quarter, STEM delivered an earnings surprise of 25%. Its shares have surged 8.3% in the past six months. Cognizant's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 6.38%. In the last reported quarter, CTSH delivered an earnings surprise of 3.36%. Its shares have increased 15.8% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cognizant Technology Solutions Corporation (CTSH) : Free Stock Analysis Report Unisys Corporation (UIS) : Free Stock Analysis Report Stem, Inc. (STEM) : Free Stock Analysis Report Ltd. (WIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
23-05-2025
- Business
- Yahoo
Wix.com raised at Baird as product becomes 'increasingly compelling'
-- Baird lifted its rating for shares of Wix (NASDAQ:WIX).com to Outperform in a note Friday, lowering its price target for the stock to $190 from $215 a share. The firm pointed to improvements to the company's platform, more reasonable investor expectations, and favorable long-term fundamentals. 'We are adopting a constructive stance on WIX because: 1) the product is becoming increasingly compelling, 2) expectations now seem more reasonable post-1Q print, and 3) the long-term drivers of the investment case are attractive,' Baird analysts wrote in a note. The upgrade comes after a year-to-date decline in the stock, with shares down 28% versus a 1% decline in the S&P 500. Baird said the recent sell-off has 'provided an attractive entry point into a high-quality business that continues to enhance its offering.' 'The long-term drivers are attractive,' stated Baird. 'Beyond the puts/takes of the near term, we have also grown increasingly constructive on the long-term drivers of the investment case here.' Baird emphasized that the company's improving product is a key part of its positive outlook. Analysts said Wix's offering is 'increasingly compelling,' supporting confidence in the platform's competitive positioning. 'Over the past few months, WIX has released a variety of updates across its product portfolio. We are growing increasingly optimistic about the potential for these changes to improve conversion, retention, and monetization over time,' the firm explained. Related articles raised at Baird as product becomes 'increasingly compelling' Citi starts coverage of these 'safe haven' food distributor stocks TSX opens lower amid more Trump trade turmoil
Yahoo
21-05-2025
- Business
- Yahoo
Wix.com: Q1 Earnings Snapshot
TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Ltd. (WIX) on Wednesday reported first-quarter profit of $33.8 million. On a per-share basis, the Tel Aviv, Israel-based company said it had net income of 57 cents. Earnings, adjusted for one-time gains and costs, were $1.55 per share. The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share. The cloud-based web development company posted revenue of $473.7 million in the period, which beat Street forecasts. Nine analysts surveyed by Zacks expected $471.8 million. For the current quarter ending in June, said it expects revenue in the range of $485 million to $489 million. The company expects full-year revenue in the range of $1.97 billion to $2 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on WIX at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
