Latest news with #Wix.comLtd
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
21-05-2025
- Business
- Yahoo
Those who invested in Wix.com (NASDAQ:WIX) three years ago are up 192%
While Ltd. (NASDAQ:WIX) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 16% in the last quarter. But that doesn't change the fact that the returns over the last three years have been very strong. The share price marched upwards over that time, and is now 192% higher than it was. To some, the recent share price pullback wouldn't be surprising after such a good run. The fundamental business performance will ultimately dictate whether the top is in, or if this is a stellar buying opportunity. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During three years of share price growth, moved from a loss to profitability. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). We know that has improved its bottom line over the last three years, but what does the future have in store? You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. shareholders gained a total return of 5.1% during the year. Unfortunately this falls short of the market return. On the bright side, that's still a gain, and it is certainly better than the yearly loss of about 3% endured over half a decade. So this might be a sign the business has turned its fortunes around. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Take risks, for example - has 2 warning signs we think you should be aware of. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
16-05-2025
- Business
- Yahoo
Wix Gears Up to Report Q1 Earnings: Here's What You Should Know
Ltd. WIX is scheduled to release first-quarter 2025 results on May 21, before market first-quarter 2025, revenues are expected between $469 million and $473 million, indicating 12-13% growth from the prior-year quarter's reported figure. The Zacks Consensus Estimate is pegged at $471.8 million, suggesting an increase of 12.4% from that reported a year Zacks Consensus Estimate for earnings is pegged at $1.66 per share, implying a 28.7% rise from the year-earlier quarter's earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 18.95%. The stock has risen 34.8% compared with the Zacks Computers - IT Services industry's growth of 9.7% in the past year. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.) Image Source: Zacks Investment Research The growing adoption of Wix's product portfolio, particularly Wix Studio and various AI-driven solutions, is likely to have driven the revenues in the to-be-reported quarter. WIX is focusing on generative AI as it represents a significant business growth driver. The launch of the AI Website Builder in 2024 has provided users with a transformative experience and is now the mainstay of WIX's AI continues to add new products to capitalize on the AI boom. In January 2025, Wix unveiled Business Launcher, an AI-driven tool designed to help users transform new business ideas into reality, from concept to execution. The tool analyzes users' skills, experience and goals to generate personalized business ideas with just a few questions or by uploading a has also been embedding AI assistants across its platform. New AI-business assistants have been improving operational efficiency and customer conversion rates. In December 2024, Wix launched its first monetized product, AI Site-Chat, a virtual agent that helps businesses engage visitors 24/7, addresses queries and provides real-time info. It improves customer experience and boosts potential Studio, the company's premium offering for agencies and professionals, currently has more than two million accounts, with 75% created by new Partners. The platform's compelling features and efficiency have made it the foremost choice for larger projects. Ltd. price-eps-surprise | Ltd. Quote Also, WIX's strategy on onboarding higher-intent users and maximizing the lifetime value of its current user base, along with targeting marketing, bodes well. Steady momentum in the Self Creators and Partners' channel, along with the expansion of the commerce platform, is likely to have impacted the company's Zacks Consensus Estimate for revenues from the Creative Subscriptions and Business Solutions segments is pegged at $337 million and $135 million, respectively. Approximately 40% of Wix's revenues are generated in non-U.S. dollar currencies, making it susceptible to foreign exchange fluctuations. The company experienced unfavorable forex impacts in the middle of the fourth quarter of 2024 and spanning till early 2025, mainly due to the strengthening U.S. dollar against the euro and British pound. For the first quarter of 2025, revenues are expected to increase 13-14% at cc, including roughly $6 million of adverse forex investments in product development, infrastructure and platform, along with a volatile macroeconomic environment, continue to be concerns. On May 15, 2025, Wix introduced Wixel, 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 April 9, 2025, Wix unveiled Astro, an AI-powered business assistant designed to enhance user productivity and streamline business operations. 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. Our proven model does not conclusively predict an earnings beat for Wix this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Here are a few stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this Inc ADSK currently has an Earnings ESP of +0.05% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks is scheduled to report quarterly earnings on May 22. The Zacks Consensus Estimate for Autodesk's to-be-reported quarter's earnings and revenues is pegged at $2.14 per share and $1.61 billion, respectively. Shares of ADSK have gained 33.7% in the past Inc. INTU presently has an Earnings ESP of +0.43% and a Zacks Rank #3. INTU is scheduled to report quarterly numbers on May 22. The Zacks Consensus Estimate for INTU's to-be-reported quarter's earnings and revenues is pegged at $10.89 per share and $7.54 billion, respectively. Shares of INTU have gained 5% Outfitters, Inc. URBN has an Earnings ESP of +1.03% and a Zacks Rank #3 at present. URBN is scheduled to report quarterly figures on May 21. The Zacks Consensus Estimate for URBN's to-be-reported quarter's earnings and revenues is pegged at 81 cents per share and $1.29 billion, respectively. Shares of URBN have surged 12.5% 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 Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Autodesk, Inc. (ADSK) : Free Stock Analysis Report Intuit Inc. (INTU) : Free Stock Analysis Report Ltd. (WIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Yahoo
29-04-2025
- Business
- Yahoo
Wix to Announce First Quarter 2025 Results on May 21, 2025
NEW YORK -- 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 What: Wix First Quarter 2025 Results Conference Call When: Wednesday, May 21, 2025 Time: 8:30 a.m. ET Registration: Replay & Replay is available for 12 months Materials: 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 performance, security and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, Wix enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, anyone can build a powerful digital presence to fulfill their dreams on Wix. For more about Wix, please visit our Press RoomInvestor Relations: ir@ Media Relations: pr@ 1Based on number of active live sites as reported by competitors' figures, independent third-party data and internal data as of H1 in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Here's What Lifted Wix.com Ltd. (WIX) in Q4
Munro Partners, an investment management firm, released its 'Munro Global Growth Small & Mid Cap Fund' fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. In the December quarter, the Fund returned 20.9% compared to the MSCI ACWI SMID benchmark return of 8.3%. Global markets' performance was varied for the quarter when viewed in local terms, with regional disparities in equity market outcomes. The US SMID market showed modest gains, while several other markets, such as those in Europe, Hong Kong, and China, experienced declines. For more information on the fund's best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, Munro Global Growth Small & Mid Cap Fund emphasized stocks such as Ltd. (NASDAQ:WIX). Ltd. (NASDAQ:WIX) is a global cloud-based web development platform for registered users and creators. The one-month return of Ltd. (NASDAQ:WIX) was 12.15%, and its shares gained 21.07% of their value over the last 52 weeks. On March 28, 2025, Ltd. (NASDAQ:WIX) stock closed at $166.36 per share with a market capitalization of $9.261 billion. Munro Global Growth Small & Mid Cap Fund stated the following regarding Ltd. (NASDAQ:WIX) in its Q4 2024 investor letter: "Within the Digital Enterprise Area of Interest (AoI), both Wix and GoDaddy reported strong results for the quarter, with revenue, profit and free cash flows exceeding investors' expectations. Both web builders' management teams expressed confidence in their respective continued growth fuelled by new product features powered by AI innovations." A close-up of a complex web page being developed and refined by a web development specialist. Ltd. (NASDAQ:WIX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held Ltd. (NASDAQ:WIX) at the end of the fourth quarter compared to 46 in the third quarter. Ltd.'s (NASDAQ:WIX) fourth-quarter revenues reached $460 million, showcasing a 14% year-over-year improvement. While we acknowledge the potential of Ltd. (NASDAQ:WIX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered Ltd. (NASDAQ:WIX) in another article, where we shared the list of top must-see AI news updates investors should not miss. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
