Wix(WIX)

Search documents
Countdown to Wix.com (WIX) Q1 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2025-05-16 14:21
Wall Street analysts expect Wix.com (WIX) to post quarterly earnings of $1.66 per share in its upcoming report, which indicates a year-over-year increase of 28.7%. Revenues are expected to be $471.78 million, up 12.4% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings di ...
Wix Introduces Wixel AI Tool for Effortless Visual Design
ZACKS· 2025-05-16 14:15
Core Insights - Wix.com Ltd. has launched Wixel, an AI-driven visual design platform aimed at making professional-grade design accessible to all users [1][2] - Wixel is currently available for free in English, with an option for users to upgrade to a Pro Plan for premium features [2] - The platform simplifies the design process, allowing users to create polished visual assets quickly without advanced design skills [3] Product Features - Wixel enables users, such as small business owners and content creators, to generate high-quality visuals efficiently [3] - The platform supports various functionalities, including background changes, lighting adjustments, and professional template placements for product-based businesses [4] - Future updates are expected to include video editing and story creation features, expanding Wixel's capabilities [4] Business Strategy - Wix is focusing on generative AI as a significant growth driver and is embedding AI assistants across its platform to enhance operational efficiency [5] - The introduction of the Model Context Protocol (MCP) Server allows developers to create production-ready solutions using AI coding assistants [6] - Wix has also launched an AI-powered adaptive content application to personalize website content dynamically, enhancing user engagement [7] Market Performance - Wix's stock has increased by 34.8% over the past year, outperforming the Computers - IT Services industry's growth of 9.7% [9]
Wix Gears Up to Report Q1 Earnings: Here's What You Should Know
ZACKS· 2025-05-16 13:26
Wix.com Ltd. (WIX) is scheduled to release first-quarter 2025 results on May 21, before market open.For 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 ago.The Zacks Consensus Estimate for earnings is pegged at $1.66 per share, implying a 28.7% rise from the year-earlier quarter's actual.WI ...
Wix Aims to Disrupt the Design Experience with Wixel, The Next-Generation AI-Powered Visual Design Platform for Anyone
GlobeNewswire· 2025-05-15 13:00
Background Changer By leveraging cutting-edge AI capabilities, baked into an intuitive interface, users can generate and transform images, such as changing the background of an image, to fully execute their vision. Background remover Wixel leverages advanced AI to simplify complex editing tasks, enabling users to intuitively remove backgrounds, extend images, and seamlessly modify design elements with just a few clicks. Photo Editor Wixel provides photo editing tools, enabling users to enhance a ...
Introducing the Wix Model Context Protocol (MCP) Server for Seamless AI-Driven Web App Development
GlobeNewswire· 2025-05-07 13:00
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 producti ...
Wix to Announce First Quarter 2025 Results on May 21, 2025
GlobeNewswire· 2025-04-29 20:15
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 ...
Wix Partners with ActiveCampaign to Enhance Customer Engagement and Marketing Automation
GlobeNewswire· 2025-04-29 14:00
NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally, 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. By combining Wix's ro ...
WIX Plunges 31% in 3 Months: Where Will the Stock Head From Here?
ZACKS· 2025-04-11 15:35
Core Viewpoint - Wix.com Ltd. (WIX) has experienced a significant stock decline of 30.7% over the past three months, surpassing declines in the broader Computer IT Services Industry and the S&P 500 composite [1][2]. Group 1: Financial Performance and Market Conditions - The stock's decline followed the fourth-quarter 2024 results announcement, with concerns raised over increased forex volatility and broader market sell-offs due to trade tensions and potential supply-chain disruptions [2][3]. - WIX's total bookings for 2025 are projected at $260 million, reflecting an 11-13% year-over-year growth, but are expected to face $45 million in forex headwinds [13]. - Revenue growth for 2025 is anticipated at 14-16% on a constant currency basis, while reported growth is expected to be 12-14% due to a $34 million forex impact [14]. Group 2: AI and Product Innovations - WIX is focusing on generative AI as a key growth driver, with the AI Website Builder launched in 2024 leading to over one million sites created [4][5]. - The introduction of the Business Launcher tool in January 2025 aims to assist users in transforming business ideas into reality, enhancing user engagement and sales potential [5]. - WIX is embedding AI assistants across its platform, including the Astro business assistant, which is designed to improve productivity and streamline operations [6]. Group 3: Growth Catalysts and Strategic Initiatives - WIX Studio, the premium offering for agencies, has over two million accounts, with 75% created by new partners, indicating strong community engagement [7]. - The Self-Creators segment is experiencing growth driven by WIX's AI product suite, with plans for new products to enhance design capabilities and online presence [8]. - The commerce segment has shown robust activity, with bookings up 15% in 2024, supported by the evolution of AI and Studio offerings [9]. Group 4: Operational Efficiency and Financial Strategy - WIX aims to balance sustainable revenue growth with improved operating efficiencies, targeting the "Rule of 45" for its 2025 outlook [11]. - The company is focusing on onboarding higher intent users and maximizing the lifetime value of its current user base, with the first quarter 2024 cohort generating $61 million in cumulative bookings [10]. Group 5: Forex Impact and Market Outlook - Approximately 40% of WIX's revenues come from non-U.S. dollar currencies, making it vulnerable to forex fluctuations, particularly with the strengthening U.S. dollar against the euro and British pound [12]. - The company is facing challenges from increasing costs and forex volatility, which could pressure margins amid broader market uncertainties [15].
Here's Why Wix.com (WIX) is a Strong Growth Stock
ZACKS· 2025-04-11 14:50
Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the next 30 days [3][4] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [4] Value Score - The Value Score focuses on identifying undervalued stocks using ratios like P/E, PEG, and Price/Sales [4] Growth Score - The Growth Score assesses a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes [6] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive rating based on value, growth, and momentum [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [8] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [9] Stock Example: Wix.com - Wix.com Ltd. is a cloud-based web development platform with a Zacks Rank of 3 (Hold) and a VGM Score of B [13] - The company is appealing to growth investors, with a Growth Style Score of A and a projected year-over-year earnings growth of 18.2% for the current fiscal year [14] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate increasing by $0.24 to $7.55 per share [14]
Astro by Wix Simplifies Business and Site Management With AI
ZACKS· 2025-04-10 15:26
Wix.com Ltd. (WIX) has unveiled Astro, an artificial intelligence (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.Seamlessl ...