Wix.com upgraded by Robert W. Baird with a new price target
$WIX
Computer Software: Programming Data Processing
Technology
Robert W. Baird upgraded Wix.com from Neutral to Outperform and set a new price target of $190.00
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| 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 |
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