Wix.com (NASDAQ:WIX) Given Market Perform Rating at Citizens Jmp

Citizens Jmp restated their market perform rating on shares of Wix.com (NASDAQ:WIX) in a report issued on Tuesday morning, Marketbeat.com reports.

Several other research analysts also recently commented on the company. Raymond James Financial reiterated a “strong-buy” rating and issued a $100.00 price objective on shares of Wix.com in a report on Wednesday, March 4th. Robert W. Baird lowered Wix.com from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $115.00 to $90.00 in a research note on Monday, March 9th. Oppenheimer lowered their target price on Wix.com from $160.00 to $130.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Wells Fargo & Company lowered their target price on Wix.com from $176.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, March 5th. Finally, Benchmark lowered their target price on Wix.com from $185.00 to $140.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.70.

Wix.com Stock Performance

WIX stock opened at $80.99 on Tuesday. The company has a market capitalization of $4.72 billion, a PE ratio of 99.99, a price-to-earnings-growth ratio of 2.82 and a beta of 1.26. Wix.com has a one year low of $60.22 and a one year high of $191.24. The company’s 50 day moving average price is $81.02 and its two-hundred day moving average price is $105.40.

Wix.com (NASDAQ:WIX) last posted its quarterly earnings results on Wednesday, March 4th. The information services provider reported $1.81 EPS for the quarter, topping the consensus estimate of $1.36 by $0.45. The firm had revenue of $524.27 million for the quarter, compared to the consensus estimate of $527.69 million. Wix.com had a net margin of 2.54% and a negative return on equity of 70.04%. The business’s revenue was up 13.9% compared to the same quarter last year. During the same period last year, the firm posted $2.10 earnings per share. On average, research analysts predict that Wix.com will post 3.65 EPS for the current year.

Wix.com declared that its Board of Directors has approved a stock repurchase program on Wednesday, January 28th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the information services provider to repurchase up to 40.5% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Mediolanum International Funds Ltd increased its holdings in Wix.com by 65.9% during the 3rd quarter. Mediolanum International Funds Ltd now owns 55,647 shares of the information services provider’s stock valued at $10,054,000 after purchasing an additional 22,112 shares during the period. Liontrust Investment Partners LLP purchased a new position in Wix.com during the 2nd quarter valued at $3,708,000. Massachusetts Financial Services Co. MA purchased a new position in Wix.com during the 3rd quarter valued at $54,314,000. Principal Financial Group Inc. increased its position in Wix.com by 2.6% during the 3rd quarter. Principal Financial Group Inc. now owns 948,263 shares of the information services provider’s stock valued at $168,446,000 after purchasing an additional 23,836 shares during the period. Finally, Intech Investment Management LLC purchased a new position in Wix.com during the 3rd quarter valued at $6,179,000. Hedge funds and other institutional investors own 81.52% of the company’s stock.

Trending Headlines about Wix.com

Here are the key news stories impacting Wix.com this week:

• Positive Sentiment: Quarter results and commentary remain a supportive foundation — coverage highlights that Wix delivered robust and consistent quarterly results (EPS beat), which underpins longer-term growth expectations. Robust quarter
• Positive Sentiment: Recent commentary from market writers notes Wix has outperformed the broader market in recent sessions, giving short-term technical support to the stock. Zacks on outperformance
• Neutral Sentiment: Analyst coverage is shifting; Citizens/JMP reaffirmed a “market perform” rating, keeping expectations muted rather than outright bullish. Benzinga note
• Neutral Sentiment: Some pieces frame Wix as an “affordable” growth option over the next five years — useful for longer-term investors but not immediate catalysts. Affordable growth analysis
• Neutral Sentiment: A recent note flagged how a rating shift could draw Nasdaq index attention — index eligibility/weighting stories can be neutral until a concrete rebalancing decision is announced. Nasdaq/index focus
• Negative Sentiment: Analyst downgrades followed a reported Dutch auction of shares; the auction and subsequent rating cuts hurt sentiment and likely pressured the stock. Downgrade after auction
• Negative Sentiment: Unusual bearish options activity: traders bought a large volume of put options (a ~158% jump vs. typical volume), indicating some market participants are positioning for downside. (Options flow reported 4/6).
• Negative Sentiment: Critical analysis frames Wix as an “unprofitable deep value” name, highlighting profitability and valuation concerns that can weigh on multiple analyst views and investor appetite. Seeking Alpha critique

About Wix.com

Wix.com Ltd. operates a cloud-based platform that enables individuals and businesses to create, manage and develop professional web presences through an intuitive drag-and-drop interface. The company’s software-as-a-service model provides hosting, customizable templates and a range of design tools, eliminating the need for coding expertise. Users can choose from a variety of premium plans to access custom domains, enhanced storage, and advanced performance features tailored to personal projects, small businesses and online storefronts.

Beyond its core website builder, Wix offers a suite of complementary services designed to support digital growth and marketing.