Latest news with #Wixcom
Globe and Mail
06-08-2025
- Business
- Globe and Mail
Why Wix.com Stock Edged Higher Today
Key Points The DIY web design specialist posted double-digit growth rates in key second-quarter fundamentals. It raised its full-year revenue guidance on this momentum, but only slightly. 10 stocks we like better than › (NASDAQ: WIX) saw its stock close Wednesday barely in positive territory, as the market digested the DIY website company's latest quarterly earnings report. Cautiously optimistic investors pushed the stock 0.3% higher, which wasn't quite enough to meet the 0.7% increase of the bellwether S&P 500 index on the day. Encouraging growth on the top and bottom lines In second quarter, the company's revenue grew by 12% year over year to just under $490 million. Of its two reporting segments, creative subscriptions, its foundational website design services, rose by nearly 11% to $345 million and change. The smaller business solutions segment, meanwhile, enjoyed 17% growth to more than $144 million. A more robust improvement was seen on the bottom line, with non-GAAP (adjusted) net income zooming 37% higher to $136 million. On a per-share basis, that shook out to $2.28 per share. Both figures comfortably topped the consensus analyst estimates. The average pundit projection for revenue was a bit north of $487 million, while that for adjusted, per-share profitability stood at only $1.75. In a letter to shareholders, attributed the increases largely to "Strong demand, combined with better conversion in core markets and steadily higher monetization." Only a slight change in guidance also made a slight adjustment to the lower end of its full-year revenue guidance range. It's now expecting the top line to come in at just under $1.98 billion to $2 billion for the year, which would represent growth of at least 12% over the 2024 result. Previously, it was modeling $1.97 billion to $2 billion. Should you invest $1,000 in right now? Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $619,036!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,092,648!* Now, it's worth noting Stock Advisor's total average return is 1,026% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025
Yahoo
06-08-2025
- Business
- Yahoo
Why Wix.com Stock Edged Higher Today
Key Points The DIY web design specialist posted double-digit growth rates in key second-quarter fundamentals. It raised its full-year revenue guidance on this momentum, but only slightly. 10 stocks we like better than › (NASDAQ: WIX) saw its stock close Wednesday barely in positive territory, as the market digested the DIY website company's latest quarterly earnings report. Cautiously optimistic investors pushed the stock 0.3% higher, which wasn't quite enough to meet the 0.7% increase of the bellwether S&P 500 index on the day. Encouraging growth on the top and bottom lines In second quarter, the company's revenue grew by 12% year over year to just under $490 million. Of its two reporting segments, creative subscriptions, its foundational website design services, rose by nearly 11% to $345 million and change. The smaller business solutions segment, meanwhile, enjoyed 17% growth to more than $144 million. A more robust improvement was seen on the bottom line, with non-GAAP (adjusted) net income zooming 37% higher to $136 million. On a per-share basis, that shook out to $2.28 per share. Both figures comfortably topped the consensus analyst estimates. The average pundit projection for revenue was a bit north of $487 million, while that for adjusted, per-share profitability stood at only $1.75. In a letter to shareholders, attributed the increases largely to "Strong demand, combined with better conversion in core markets and steadily higher monetization." Only a slight change in guidance also made a slight adjustment to the lower end of its full-year revenue guidance range. It's now expecting the top line to come in at just under $1.98 billion to $2 billion for the year, which would represent growth of at least 12% over the 2024 result. Previously, it was modeling $1.97 billion to $2 billion. Do the experts think is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,026% vs. just 180% for the S&P — that is beating the market by 846.25%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $619,036!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,092,648!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends The Motley Fool has a disclosure policy. Why Stock Edged Higher Today was originally published by The Motley Fool 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
25-07-2025
- Business
- Yahoo
Wix.com (WIX) Stock Dips While Market Gains: Key Facts
In the latest close session, (WIX) was down 1.42% at $152.37. The stock fell short of the S&P 500, which registered a gain of 0.07% for the day. Meanwhile, the Dow lost 0.7%, and the Nasdaq, a tech-heavy index, added 0.18%. The cloud-based web development company's stock has dropped by 3.25% in the past month, falling short of the Computer and Technology sector's gain of 8.22% and the S&P 500's gain of 5.71%. Analysts and investors alike will be keeping a close eye on the performance of in its upcoming earnings disclosure. The company's earnings report is set to go public on August 6, 2025. The company is expected to report EPS of $1.75, up 4.79% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $487.58 million, up 11.89% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $7.13 per share and revenue of $1.98 billion. These totals would mark changes of +11.58% and +12.7%, respectively, from last year. Investors should also note any recent changes to analyst estimates for Wixcom. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, possesses a Zacks Rank of #5 (Strong Sell). From a valuation perspective, is currently exchanging hands at a Forward P/E ratio of 21.68. This represents a premium compared to its industry average Forward P/E of 20. Meanwhile, WIX's PEG ratio is currently 1.05. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Computers - IT Services industry currently had an average PEG ratio of 1.96 as of yesterday's close. The Computers - IT Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 184, which puts it in the bottom 26% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on 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 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
09-07-2025
- Business
- Yahoo
Alibaba.com, Wix Partner to Empower Global SMEs, Boost E-commerce
Alibaba Group Holding Limited (NYSE:BABA) is one of the most promising stocks according to Wall Street analysts. On July 2, which is a leading global B2B marketplace, and Ltd. (NASDAQ:WIX) announced a partnership to empower digital entrepreneurs, new businesses, and small and medium-sized enterprises/SMEs to expand their global reach. The collaboration will facilitate seamless global trade across over 200 countries and regions. Under the partnership, Seller App's integration with Wix Marketplace will allow Wix merchants to seamlessly become Global Gold Suppliers on by simply downloading the app. Plus, Wix merchants will gain access to a curated sourcing marketplace powered by sellers will also have direct access to Wix's powerful AI platform to build their own branded D2C and B2B storefronts. An e-commerce platform displaying a wide range of products to customers online. Using Wix's full suite of intuitive AI, design, marketing, and eCommerce tools, sellers can easily expand their digital presence, strengthen brand identity, and directly engage with both consumers and business buyers globally through Single Sign-On capability. The partnership rollout will occur in phases, with future enhancements anticipated. Alibaba Group Holding Limited (NYSE:BABA) provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses engage with their users and customers in China and internationally. Ltd. (NASDAQ:WIX) operates a cloud-based web development platform for registered users and creators worldwide. While we acknowledge the potential of BABA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
09-07-2025
- Business
- Yahoo
Oppenheimer Reiterates Outperform Rating on Wix.com (WIX) Stock
Ltd. (NASDAQ:WIX) is one of the Oppenheimer reiterated an 'Outperform' rating and a price objective of $220.00 on the company's stock after the company announced a strategic partnership with Alibaba. This partnership is expected to offer Wix merchants access to Alibaba's wholesale platform. It will also enable Alibaba sellers to build storefronts that are powered by Wix technology. An engineer wearing virtual reality goggles programming the company's video cloud and software. As per the firm, this arrangement is expected to be beneficial for Ltd. (NASDAQ:WIX)'s premium subscriber counts and bookings growth, even though specific details related to co-selling strategies, prioritization, and financial terms are not yet disclosed. Even though Ltd. (NASDAQ:WIX) has pivoted away from using multi-year bookings as the foundation of its Collection disclosures, there are expectations that the Alibaba partnership can be a significant factor in the company's growth trajectory. The partnership is expected to take a phased rollout approach, with potential activation projected for H2 of the year, which could aid management's expected acceleration in the latter part of the year. As per Ltd. (NASDAQ:WIX), the expected future features consist of AI-powered product discovery, automated onboarding processes, and intelligent product-matching tools. Notably, these innovations focus on simplifying and accelerating global commerce, mainly benefiting small and medium-sized enterprises. Munro Partners, an investment management firm, released its Q4 2024 investor letter. Here is what the fund said: '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.' While we acknowledge the potential of WIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. 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
