Wix.com Ltd, together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI that enables users to create a website for their specific needs; and Corvid by Wix to create websites and web applications. It also provides Ascend by Wix, which offers its users access to a suite of approximately 20 products or features enabling them to connect with their customers, automate their work, and grow their business; Wix Logo Maker that allows users to generate a logo using artificial intelligence; Wix Answers, a support infrastructure enabling its users to help their users across various channels; and Wix Payments, a payment platform, which helps its users receive payments from their users through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including App Market that offers its registered users the ability to install and uninstall a range of free and paid web applications; Wix Arena, an online marketplace that brings users seeking help in creating and managing a website, together with Web experts; and Wix App, a native mobile application, which enables users to manage their Websites and Wix operating systems. As of December 31, 2019, the company had approximately 165 million registered users and 4.5 million premium subscriptions. The company was formerly known as Wixpress Ltd. Wix.com Ltd. was founded in 2006 and is headquartered in Tel Aviv, Israel.
IPO Year: 2013
Exchange: NASDAQ
Website: wix.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/16/2025 | $216.00 | Equal Weight → Overweight | Wells Fargo |
| 5/23/2025 | $190.00 | Neutral → Outperform | Robert W. Baird |
| 4/8/2025 | $176.00 | Underweight → Equal Weight | Wells Fargo |
| 3/5/2025 | $250.00 | Sector Outperform | Scotiabank |
| 2/3/2025 | $208.00 | Underweight | Wells Fargo |
| 1/21/2025 | $225.00 → $300.00 | Outperform → Strong Buy | Raymond James |
| 1/13/2025 | $248.00 → $276.00 | Equal-Weight → Overweight | Morgan Stanley |
| 9/23/2024 | $184.00 → $200.00 | Neutral → Overweight | Piper Sandler |
| 9/5/2024 | $200.00 | Overweight | Cantor Fitzgerald |
| 7/25/2024 | Sector Weight | KeyBanc Capital Markets |
Wells Fargo upgraded Wix.com from Equal Weight to Overweight and set a new price target of $216.00
Robert W. Baird upgraded Wix.com from Neutral to Outperform and set a new price target of $190.00
Wells Fargo upgraded Wix.com from Underweight to Equal Weight and set a new price target of $176.00
Scotiabank initiated coverage of Wix.com with a rating of Sector Outperform and set a new price target of $250.00
Wells Fargo initiated coverage of Wix.com with a rating of Underweight and set a new price target of $208.00
Raymond James upgraded Wix.com from Outperform to Strong Buy and set a new price target of $300.00 from $225.00 previously
Morgan Stanley upgraded Wix.com from Equal-Weight to Overweight and set a new price target of $276.00 from $248.00 previously
Piper Sandler upgraded Wix.com from Neutral to Overweight and set a new price target of $200.00 from $184.00 previously
Cantor Fitzgerald initiated coverage of Wix.com with a rating of Overweight and set a new price target of $200.00
KeyBanc Capital Markets resumed coverage of Wix.com with a rating of Sector Weight
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The new fonts empower self creators and agencies with a diverse range of high-quality typefaces NEW YORK – Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, today announced a strategic partnership with Monotype Imaging Inc., a global leader in type design and technology, extending Wix's font library. The newly curated typeface collection is now available to Wix users, self creators and agencies – offering them a broader spectrum of high-quality typefaces to elevate their content and match their vision, including greatest hits like Helvetica® and Avenir®, and a host of new classics such as Recoleta, Kibitz Pro, and Aether. In consultation with type design expe
Integrated tools and exclusive benefits empowering millions of entrepreneurs across both platforms to seamlessly source products and drive sales worldwide NEW YORK – Alibaba.com, a leading global business-to-business (B2B) marketplace, and Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, today announced a strategic partnership aimed at empowering digital entrepreneurs, new businesses, and SMEs to expand their global reach. This strategic collaboration will enable Wix merchants to expand their global wholesale capabilities through Alibaba.com while providing Alibaba.com merchants the opportunity to establish robust direct-to-consumer (D2C) and B2B storefro
Base44 delivers effortless, code-free digital creation through an intuitive, conversational AI experience, which is expected to expand Wix's reach to new audiences worldwide NEW YORK-- Today Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, announced its acquisition of Base44, an AI-powered platform that enables anyone to create fully-functional, custom software solutions and applications using natural language, without the need for traditional coding. The acquisition adds a powerful new arm to Wix's AI portfolio, expanding its suite of intelligent solutions that empower anyone to build and grow online. The tech landscape is undergoing a major transformation
NEW YORK-- Today Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, announced its acquisition of Hour One, a pioneer in generative AI media creation. This acquisition marks yet another milestone in Wix's transformation into a frontrunner in AI-powered digital experiences, giving the company access to advanced technologies that will continue to shape the future of web and visual design creation. Founded in 2019, Hour One develops technology that enables the effortless creation of studio-quality content at scale. Its platform supports personalized video and interactive experiences that merge storytelling with real-time engagement. At the core of Hour One's offerin
Strong start to year with Q1'25 total bookings of $511 million, up 12% y/y, with very robust top of funnel demand in the quarter and new cohort strength continuing through April and early MayQ1'25 total revenue of $474 million exceeded expectations, up 13% y/y, driven by accelerating Self Creators growth accompanied by solid Partners momentum as Studio adoption continued to ramp healthilyLaunched Wixel, a new standalone AI-powered visual design platform that brings the most advanced creative tools into a single intuitive interface and puts complete visual editing control into the hands of everyone – marking Wix's milestone foray into creation beyond websitesAchieved FCF margin of 30% in Q1'2
Wix is redefining creative empowerment with the launch of Wixel – a standalone AI-powered design platform that brings the most advanced visual design capabilities into a single intuitive interface NEW YORK – Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1 today announced the launch of Wixel, a new standalone AI-powered visual design platform. Built to democratize visual design, Wixel enables anyone to effortlessly bring their ideas to life, producing high-quality results with ease. The platform integrates cutting-edge artificial intelligence with an intuitive user interface and powerful features to offer a seamless visual design experience. A Media Snippet
With Wix MCP Server, users can leverage natural language prompts to seamlessly connect Wix's comprehensive business functionality with their preferred compatible AI-powered tools, enabling them to build custom experiences on top of Wix or manage their Wix-based business NEW YORK - Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally, today announced the launch of the Wix Model Context Protocol (MCP) Server. This enables anyone—from developers to business owners— to deliver production-ready Wix business solutions seamlessly through AI coding assistants and LLMs, ensuring they can generate code for a vast array of needs and manage Wix businesses using natural language
NEW YORK -- Wix.com Ltd. (NASDAQ:WIX), today announced that it will report its results for the first quarter ended March 30, 2025 before the market opens on Wednesday, May 21, 2025. Management will host a conference call that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/. What: Wix First Quarter 2025 Results Conference CallWhen: Wednesday, May 21, 2025Time: 8:30 a.m. ET Registration: https://edge.media-server.com/mmc/p/3bxbhc62 Replay & Replay is available for 12 monthsMaterials
The partnership empowers businesses of all sizes, including multi-location brands and franchises, to streamline customer engagement, marketing automation, and website management in one seamless solution NEW YORK – Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, today announced a partnership with ActiveCampaign, a leading marketing automation platform that helps small teams power big businesses in over 170 countries. This collaboration introduces an integrated solution for businesses of all sizes, franchises and multi-location businesses, to streamline their website and marketing technology stack, simplifying operations and enhancing customer engagement. B
Users can create websites that adapt in real-time, providing unique messaging and content tailored to each individual site visitor NEW YORK – Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, today announced the launch of its AI-powered adaptive content application, designed to personalize website experiences for site visitors by generating dynamic content based on visitor characteristics and instructions, ultimately enhancing engagement and user experience. The app leverages session details from the website to dynamically generate new content based on predefined criteria and user instructions. This allows users to determine the specific elements that influenc
Announcement reflects company's commitment to augment Board of Directors with industry-experienced executives from both the government and software sectors Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced the appointment of two new members to its Board of Directors. Matthew O'Neill and Nurit Benjamini will join the board on March 1, 2025, and March 31, 2025, respectively, reflecting the company's commitment to add independent directors from the government and software sectors. Richard Nottenburg will be stepping down from his board position effective March 31, 2025. Having served with the United States Secret Service f
Partners can earn revenue share from day one when creating on Wix Studio, further enriching the financial advantages of the Wix Partner Program NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced a new revenue sharing plan for Partners creating on Wix Studio, the ultimate creation platform built for agencies and freelancers. The new revenue share plan is part of the exclusive Wix Partner Program which is a loyalty-based program with benefits such as priority support, a Partner success manager, eligibility to join the Wix Marketplace, advanced features, and collabo
Gavin Patterson, previously of Salesforce and Francesco de Mojana, previously of Permira, to join Wix's Board of Directors NEW YORK, March 8, 2023 /PRNewswire/ -- Wix (NASDAQ:WIX), today announced changes to its Board of Directors. The announced changes are part of Wix's track record of regularly refreshing and enhancing its board to closely align with the changing operating environment as well as its current strategic objectives, balancing stability and expertise with change and adaptability. Additionally, these changes support Wix's continued transition to a new phase of value creation focused on product-led growth with sustained profitability and a commitment to achieving "Rule of 40" in
Sportradar, a leading global provider of sports betting and sports entertainment products and services, today announced that Deirdre M. Bigley has been appointed to the Sportradar Holding AG ("Global") Board of Directors, effective immediately. Deirdre Bigley has been Chief Marketing Officer of Bloomberg, the world's primary distributor of financial data, since 2014. Bigley has been responsible for designing and launching the first global marketing department at Bloomberg and building marketing strategies for all business units across the company. Bigley joined Bloomberg in 2009 as the Global Leader of Marketing Communications. Prior to her career at Bloomberg, Bigley held numerous leaders
Base44 delivers effortless, code-free digital creation through an intuitive, conversational AI experience, which is expected to expand Wix's reach to new audiences worldwide NEW YORK-- Today Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, announced its acquisition of Base44, an AI-powered platform that enables anyone to create fully-functional, custom software solutions and applications using natural language, without the need for traditional coding. The acquisition adds a powerful new arm to Wix's AI portfolio, expanding its suite of intelligent solutions that empower anyone to build and grow online. The tech landscape is undergoing a major transformation
NEW YORK-- Today Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, announced its acquisition of Hour One, a pioneer in generative AI media creation. This acquisition marks yet another milestone in Wix's transformation into a frontrunner in AI-powered digital experiences, giving the company access to advanced technologies that will continue to shape the future of web and visual design creation. Founded in 2019, Hour One develops technology that enables the effortless creation of studio-quality content at scale. Its platform supports personalized video and interactive experiences that merge storytelling with real-time engagement. At the core of Hour One's offerin
Strong start to year with Q1'25 total bookings of $511 million, up 12% y/y, with very robust top of funnel demand in the quarter and new cohort strength continuing through April and early MayQ1'25 total revenue of $474 million exceeded expectations, up 13% y/y, driven by accelerating Self Creators growth accompanied by solid Partners momentum as Studio adoption continued to ramp healthilyLaunched Wixel, a new standalone AI-powered visual design platform that brings the most advanced creative tools into a single intuitive interface and puts complete visual editing control into the hands of everyone – marking Wix's milestone foray into creation beyond websitesAchieved FCF margin of 30% in Q1'2
NEW YORK -- Wix.com Ltd. (NASDAQ:WIX), today announced that it will report its results for the first quarter ended March 30, 2025 before the market opens on Wednesday, May 21, 2025. Management will host a conference call that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/. What: Wix First Quarter 2025 Results Conference CallWhen: Wednesday, May 21, 2025Time: 8:30 a.m. ET Registration: https://edge.media-server.com/mmc/p/3bxbhc62 Replay & Replay is available for 12 monthsMaterials
Capping off a year of sustained growth acceleration and stronger than expected FCF generation – surpassing Rule of 40 in 2024 and on track to achieve Rule of 45 in 2025 Culminated a year of accelerated growth and innovation with Q4 bookings of $465 million, up 18% y/y, and Q4 revenue of $460 million, up 14% y/y Steady growth acceleration in Self Creators coupled with continued strength in high-growth Partners, demonstrated by Partners revenue growth of 30% y/y in FY2024Strong momentum across key product focus areas, including Studio, AI and commerce as well as solid business fundamentals and price increase benefit Robust growth and a stable operating cost base drove FCF1 generation to nearl
NEW YORK -- Wix.com Ltd. (NASDAQ:WIX), today announced that it will report its results for the fourth quarter ended December 31, 2024 before the market opens on Wednesday, February 19, 2025. Management will host a conference call and webcast that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call and webcast, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/. What:Wix Fourth Quarter and Full Year 2024 Results Conference CallWhen: Wednesday, February 19, 2025Time: 8:30 a.m. ETRegistration: https://register.vevent.com/register/BIe6c600
Strong performance of key product initiatives drove third consecutive quarter of bookings growth acceleration – now expect to exit 2024 with y/y bookings growth of 18% Continued meaningful growth acceleration with total bookings of $449.8 million in the quarter, up 16% y/y, driven by Studio momentum, AI benefits, robust commerce activity and healthy business fundamentalsStrengthening tailwinds from key AI innovations – notably, tests demonstrate a 13% conversion uplift in recent Self Creator cohort from AI-powered user onboarding toolTotal revenue grew to $444.7 million, up 13% y/y, driven by accelerating growth across both Self Creators and PartnersFCF margin expanded ~170 bps sequentially
Wix to Announce Third Quarter 2024 Results on November 20, 2024 NEW YORK, October 30, 2024 -- Wix.com Ltd. (NASDAQ:WIX), today announced that it will report its results for the third quarter ended September 30, 2024 before the market opens on Wednesday, November 20, 2024. Management will host a conference call and webcast that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call and webcast, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/. What:Wix Third Quarter 2024 Results Conference CallWhen:Wednesday, November 20, 2024Time:8:30 a.m.
Accelerated bookings growth, driven by key product initiatives, and FCF margin expansion in Q2 builds momentum for 2H Meaningful bookings growth acceleration with total bookings of $458.4 million, up 15% y/y, as a result of strong Wix Studio uptake, benefits from growing AI capabilities and commerce platform expansion as well as positive response to the price increase implemented earlier this yearBookings growth accelerated across both Self Creators and PartnersContinue to expect bookings growth acceleration to 16% y/y in 2H at the high end of full year guidance rangeTotal revenue of $435.7 million exceeded expectations, up 12% y/y, driven by strong Partners growth of 29% y/yRecord take rate
NEW YORK, July 17, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the second quarter ended June 30, 2024 before the market opens on Wednesday, August 7, 2024. Management will host a conference call and webcast that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call and webcast, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/. What: Wix Second Quarter 2024 Results Conferen
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