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 |
|---|---|---|---|
| 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 | |
| 5/21/2024 | $160.00 → $190.00 | Buy | Needham |
| 5/21/2024 | $160.00 → $200.00 | Outperform | Oppenheimer |
| 5/21/2024 | $165.00 → $184.00 | Overweight → Neutral | Piper Sandler |
| 3/27/2024 | $160.00 | Outperform | Raymond James |
| 12/8/2023 | $126.00 | Buy | BofA Securities |
| 11/15/2023 | $105.00 → $130.00 | Equal Weight → Overweight | Barclays |
| 10/24/2023 | $103.00 | Buy | Seaport Research Partners |
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
6-K - Wix.com Ltd. (0001576789) (Filer)
SCHEDULE 13G/A - Wix.com Ltd. (0001576789) (Subject)
6-K - Wix.com Ltd. (0001576789) (Filer)
6-K - Wix.com Ltd. (0001576789) (Filer)
6-K - Wix.com Ltd. (0001576789) (Filer)
6-K - Wix.com Ltd. (0001576789) (Filer)
6-K - Wix.com Ltd. (0001576789) (Filer)
6-K - Wix.com Ltd. (0001576789) (Filer)
20-F - Wix.com Ltd. (0001576789) (Filer)
6-K - Wix.com Ltd. (0001576789) (Filer)
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
Needham reiterated coverage of Wix.com with a rating of Buy and set a new price target of $190.00 from $160.00 previously
Oppenheimer reiterated coverage of Wix.com with a rating of Outperform and set a new price target of $200.00 from $160.00 previously
Piper Sandler downgraded Wix.com from Overweight to Neutral and set a new price target of $184.00 from $165.00 previously
Raymond James resumed coverage of Wix.com with a rating of Outperform and set a new price target of $160.00
BofA Securities resumed coverage of Wix.com with a rating of Buy and set a new price target of $126.00
Barclays upgraded Wix.com from Equal Weight to Overweight and set a new price target of $130.00 from $105.00 previously
Seaport Research Partners initiated coverage of Wix.com with a rating of Buy and set a new price target of $103.00
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
The new offering generates dynamic and custom visual sitemaps and wireframe options, providing more efficient ways for agencies to plan, structure, and build their websites NEW YORK – – Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, announced today the launch of its AI-powered visual sitemap and wireframe generator tool for Wix Studio. The new offering allows agencies and enterprises to accelerate site planning with a fully-native, AI-powered visual sitemap tool that can simultaneously generate custom wireframes. Agencies and web professionals can input project details, including business type, site description, goals, target audience, and tone of voice. A
The report highlights how agencies can embrace storytelling to showcase innovation, differentiate themselves, and integrate new technologies NEW YORK, November 14, 2024 – – Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, in collaboration with The Society of Digital Agencies (SoDA), a global network of digital agency founders, creative innovators and technology disruptors, today releases the latest edition of SoDA Report On series. This report delves into the evolving role of storytelling and its impact on modern web experiences, providing new insights on the latest trends, challenges, and opportunities that agencies are exploring to shape the future of
NEW YORK, November 14, 2024 – – Wix.com Ltd. (NASDAQ:WIX), today announced that Wix management will participate in a fireside chat at the UBS Global Technology and AI Conference on Wednesday, December 4, 2024 at 12:15 PM MST (2:15 PM EST). The event will be available via live webcast: https://cc.webcasts.com/ubsx001/120224a_js/?entity=2_8MIOWY5 An archived replay will be available on Wix's investor relations website: https://investors.wix.com. About Wix.com Ltd. Wix is the leading SaaS website builder platform globally1 to create, manage and grow a digital presence. What began as a website builder in 2006 is now a complete platform providing users with enterprise-grade performanc
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.
The inaugural report reveals key trends and challenges in the evolving agency landscape LONDON, Oct. 2, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, in collaboration with Agency Hackers, one of the world's largest communities for independent agencies, today releases the Agency Forecast Report. This report dives into the current state of the agency world, spotlighting key trends, emerging challenges, and new opportunities shaping the marketing industry. Drawing on Agency Hackers' vast network and Wix Studio's expertise in
The theme assistant guides users to features that help edit design elements, helping to unify the site with a cohesive look and feel NEW YORK, Sept. 12, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, announced today the launch of its AI theme assistant, a tool designed to streamline and enhance the website design process. The AI theme assistant offers users personalized guidance and real-time suggestions, enabling them to effortlessly design the theme of their website. With the increasing complexity of website design, user
NEW YORK, Aug. 20, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), today announced that Wix management will participate in a fireside chat at Citi's 2024 Global Technology Conference on Wednesday, September 4, 2024 at 10:00 AM ET. The event will be available via live audio webcast and archived replay on Wix's investor relations website: https://investors.wix.com. About Wix.com Ltd.Wix is the leading SaaS website builder platform globally1 to create, manage and grow a digital presence. What began as a website builder in 2006 is now a complete platform providing users with enter
With the launch of Moneris Total Commerce, businesses will be able to serve their customers in-store and online through an omnichannel business solution. TORONTO, Aug. 12, 2024 /CNW/ - Moneris Solutions Corporation ("Moneris"), a Canadian leader in innovative solutions for mobile, online, and in-store commerce, has partnered with Wix.com Ltd. (NASDAQ:WIX), the leading global SaaS platform to create, manage, and grow an online presence1, to introduce Moneris Total Commerce, an omnichannel point of sale solution. Moneris' partnership with Wix is built on a commitment to deliver
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
Wix.com Ltd. (NASDAQ:WIX) ("Wix," the "Company," "we" or "our"), today announced that its Board of Directors (the "Board") authorized a program to repurchase the Company's securities (ordinary shares and/or convertible notes), in an amount up to $200 million.This repurchase program, in addition to the more than $1 billion of aggregate share repurchases executed by the Company since 2021, demonstrates the Board's continued confidence in the Company's ability to drive strong cash flow generation and ongoing commitment to increasing shareholder value.
Leveraging Wix's powerful AI, users can create a fully designed, business-ready website within minutes in their preferred languageNEW YORK, June 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, today announced its AI Website Builder is now available in different languages, giving users the ability to create websites in their preferred language. Wix users around the world can experience site creation like never before with AI.
B of A Securities analyst Michael McGovern maintains Wix.com (NASDAQ:WIX) with a Buy and raises the price target from $153 to $183.
JP Morgan analyst Alexei Gogolev maintains Wix.com (NASDAQ:WIX) with a Neutral and raises the price target from $148 to $195.
Citigroup analyst Ronald Josey maintains Wix.com (NASDAQ:WIX) with a Buy and raises the price target from $175 to $202.
UBS analyst Chris Zhang maintains Wix.com (NASDAQ:WIX) with a Buy and raises the price target from $160 to $200.
Morgan Stanley analyst Elizabeth Porter maintains Wix.com (NASDAQ:WIX) with a Equal-Weight and raises the price target from $143 to $187.
Barclays analyst Trevor Young maintains Wix.com (NASDAQ:WIX) with a Overweight and raises the price target from $160 to $184.
Usercentrics, data privacy solutions leader managing over 5.2 billion monthly consents across platforms, partners with Wix, Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence to announce the launch of Cookiebot™ for Wix by Usercentrics.Cookiebot™ for Wix by Usercentrics is a plug-and-play solution that simplifies consent management implementation for website owners, enabling them to safeguard privacy compliance with regulations like the GDPR.
B. Riley Securities analyst Naved Khan maintains Wix.com (NASDAQ:WIX) with a Buy and raises the price target from $154 to $180.
SC 13G - Wix.com Ltd. (0001576789) (Subject)
SC 13G/A - Wix.com Ltd. (0001576789) (Subject)
SC 13G/A - Wix.com Ltd. (0001576789) (Subject)
SC 13D/A - Wix.com Ltd. (0001576789) (Subject)
SC 13G/A - Wix.com Ltd. (0001576789) (Subject)
SC 13G/A - Wix.com Ltd. (0001576789) (Subject)
SC 13G/A - Wix.com Ltd. (0001576789) (Subject)
SC 13D/A - Wix.com Ltd. (0001576789) (Subject)
SC 13D - Wix.com Ltd. (0001576789) (Subject)
SC 13G/A - Wix.com Ltd. (0001576789) (Subject)
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
Record increase to FCF outlook driven by Q1 outperformance and expected 2H bookings acceleration – now anticipating 26% FCF margin in FY2024, one year ahead of plan and within clear sight of hitting Rule of 40 milestone already this year Strong start to year with total bookings of $457.3 million, up 10% y/y driven by reacceleration of Creative Subscriptions growthTotal revenue of $419.8 million exceeded expectations, up 12% y/y driven by continued momentum in the Partners business – reflecting market share gains and stronger than anticipated Wix Studio uptakeRobust top-line growth coupled with stable optimized cost structure drove record FCF1 margin of 26% in the most recent quarterGAAP oper
NEW YORK, April 29, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), today announced that it will report its results for the first quarter ended March 31, 2024 before the market opens on Monday, May 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 First Quarter 2024 Results Conference Cal
Outperformance of 2023 targets as well as anticipated acceleration of top-line growth and overachievement of 2024 targets in three-year plan underpin expectation to significantly surpass the Rule of 40 in 2025 Capped off a year of strong growth with total revenue of $404 million in the fourth quarter, up 14% y/y driven by continued growth acceleration in the Partners businessPartners1 revenue totaled $130.1 million in Q4, up 38% y/y, as more Partners joined Wix, monetization continued to increase and Studio uptake exceeded expectationsRobust growth paired with solid operating leverage drove Wix to outperform the 2023 targets outlined in three-year planAchieved positive full year GAAP net inc
NEW YORK, Jan. 31, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), today announced that it will report its results for the fourth quarter and full year ended December 31, 2023 before the market opens on Wednesday, February 21, 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 Fourth Quarter 2
Outperformance continued in the second quarter with total revenue of $390.0 million exceeding expectations, up 13% y/y as Creative Subscriptions and Business Solutions revenue growth accelerated for third consecutive quarterGrowing number of Partners1 building on Wix and higher usage of Wix for projects with improved monetization driving growth acceleration of Partners revenue to $115.2 million, up 36% y/yBenefits from operational efficiencies completed over the past year across the organization drove continued profitability improvements, resulting in higher than expected FCF2 margin of 13% and leading to expected acceleration of FCF margin in 2H23Total non-GAAP gross profit up 23% y/y leadi
Wix will release second quarter 2023 results on August 3, 2023 NEW YORK, July 18, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ:WIX), today announced that it will host a two-part virtual Analyst & Investor Day, consisting of prepared management presentations on Wednesday, August 9, 2023 and a live Q&A event on Thursday, August 10, 2023. Additionally, Wix will report its results for the second quarter ended June 30, 2023 on Thursday, August 3, 2023. During the virtual Analyst & Investor Day, Wix's management team and other business leaders will present Wix's newest product releases