Wix.com (NASDAQ:WIX) Price Target Raised to $95.00

Wix.com (NASDAQ:WIX) had its target price upped by equities research analysts at Needham & Company LLC from $80.00 to $95.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the information services provider’s stock. Needham & Company LLC’s price objective points to a potential upside of 18.60% from the company’s current price.

Several other research analysts have also recently issued reports on WIX. Raymond James Financial cut Wix.com from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the stock from $75.00 to $70.00 in a research note on Thursday, July 30th. Cantor Fitzgerald lifted their target price on Wix.com from $65.00 to $80.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Benchmark reiterated a “buy” rating on shares of Wix.com in a report on Wednesday, August 26th. Morgan Stanley downgraded Wix.com from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $112.00 to $60.00 in a research report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. cut their price target on Wix.com from $86.00 to $62.00 and set an “underweight” rating on the stock in a research note on Thursday, June 18th. Eleven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Wix.com has an average rating of “Hold” and an average target price of $91.29.

Wix.com Trading Down 4.1%

Shares of WIX opened at $80.10 on Wednesday. The company has a market capitalization of $4.67 billion, a PE ratio of -22.63, a price-to-earnings-growth ratio of 39.70 and a beta of 1.02. Wix.com has a 12-month low of $40.16 and a 12-month high of $185.99. The business’s 50 day moving average is $70.87 and its 200 day moving average is $67.57.

Wix.com (NASDAQ:WIX) last released its quarterly earnings results on Tuesday, August 4th. The information services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.13 by $0.26. The company had revenue of $563.06 million during the quarter, compared to analyst estimates of $552.56 million. Wix.com had a negative return on equity of 1.61% and a negative net margin of 8.19%.The firm’s revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the business posted $2.28 earnings per share. Equities research analysts predict that Wix.com will post 0.24 earnings per share for the current year.

Insiders Place Their Bets

In other Wix.com news, CMO Omer Shai acquired 490 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average cost of $59.89 per share, with a total value of $29,346.10. Following the transaction, the chief marketing officer owned 515,879 shares of the company’s stock, valued at $30,895,993.31. This trade represents a 0.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Lior Shemesh bought 456 shares of the company’s stock in a transaction on Monday, August 31st. The stock was purchased 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. This represents a 0.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders bought 2,622 shares of company stock worth $157,032. Company insiders own 6.20% of the company’s stock.

Institutional Trading of Wix.com

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Senvest Management LLC grew its position in shares of Wix.com by 24.8% during the first quarter. Senvest Management LLC now owns 3,754,680 shares of the information services provider’s stock worth $338,184,000 after acquiring an additional 746,200 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of Wix.com by 11,894.0% in the first quarter. Hsbc Holdings PLC now owns 3,529,474 shares of the information services provider’s stock valued at $318,676,000 after buying an additional 3,500,047 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Wix.com by 57.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,585,962 shares of the information services provider’s stock worth $142,848,000 after purchasing an additional 578,729 shares in the last quarter. Atreides Management LP acquired a new position in Wix.com in the 4th quarter valued at about $129,598,000. Finally, Clearbridge Investments LLC boosted its holdings in shares of Wix.com by 20.4% during the fourth quarter. Clearbridge Investments LLC now owns 1,079,489 shares of the information services provider’s stock worth $112,148,000 after purchasing an additional 183,100 shares during the last quarter. Institutional investors and hedge funds own 81.52% of the company’s stock.

More Wix.com News

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

• Negative Sentiment: Multiple firms—including Pomerantz, Kaplan Fox, Rosen, Block & Leviton, and others—announced or promoted a securities-fraud class action against Wix.com and certain executives. The case covers investors who purchased Wix securities from February 19, 2025, through May 12, 2026, and seeks damages under federal securities laws. The allegations have not been proven. Pomerantz class-action announcement
• Negative Sentiment: September 22 was repeatedly identified as the deadline for investors to seek lead-plaintiff status, with one notice indicating that motions could be filed by September 23. The concentration of deadline-related releases increases the visibility of the litigation and may weigh on sentiment, although the announcements themselves do not establish the company’s financial liability. Kaplan Fox deadline notice

About Wix.com

Wix.com Ltd. is an Israeli software company that operates a cloud-based website development platform. Its services enable individuals, entrepreneurs, small businesses and organizations to create, manage and grow websites without requiring extensive coding expertise.

The company offers customizable website templates and visual design tools, along with domain registration, web hosting, content management, search engine optimization and online marketing capabilities. Wix also provides tools for e-commerce, online payments, bookings, events, restaurants and other business operations, as well as professional development products through Wix Studio and third-party applications available through its app marketplace.

Founded in 2006 by Avishai Abrahami, Nadav Abrahami and Giora Kaplan, Wix is headquartered in Tel Aviv, Israel, and serves customers internationally.