Wix.com (NASDAQ:WIX) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Wix.com (NASDAQ:WIX) issued its quarterly earnings data on Tuesday. The information services provider reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.02, FiscalAI reports. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. The business had revenue of $570.17 million during the quarter, compared to the consensus estimate of $566.27 million. During the same quarter in the previous year, the firm earned $1.80 EPS. The company’s revenue was up 12.9% compared to the same quarter last year.

Here are the key takeaways from Wix.com’s conference call:

• Base44 reached nearly $250 million in ARR, with stronger conversion, improving cohort retention and upgrades, and Q3 gross margin of 58%; management expects second-half margin around 60% and sees further improvement ahead.
• Wix highlighted new growth opportunities across its portfolio: Symphony reached millions of dollars in ARR within months of launch, while Studio Two’s open AI-enabled workflow is intended to attract agencies and support an enterprise offering.
• Wix is accelerating Base44 marketing and enterprise sales investment, lowering its 2026 free cash flow margin outlook to approximately 16%, from a prior target in the high teens. Management said spending will remain tied to its return-on-investment targets.
• Wix maintained its full-year outlook for low-teens bookings growth and low-to-mid-teens revenue growth; for Q4, it expects low-double-digit revenue growth, with bookings growth continuing to lag revenue.
• Management said the company had 25% fewer employees at Q3-end than in 2022 while delivering double-digit bookings growth and launching new products, and expects the core business’s free cash flow to improve further.

Wix.com Stock Performance

WIX traded down $0.98 during trading on Tuesday, reaching $68.77. The company’s stock had a trading volume of 516,178 shares, compared to its average volume of 1,912,597. Wix.com has a 52-week low of $40.16 and a 52-week high of $136.80. The company’s fifty day moving average price is $77.36 and its 200-day moving average price is $70.42. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of -19.51, a price-to-earnings-growth ratio of 38.27 and a beta of 1.06.

Wall Street Analysts Forecast Growth

WIX has been the subject of a number of research analyst reports. Cantor Fitzgerald upped their target price on Wix.com from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, October 19th. Jefferies Financial Group restated a “buy” rating and set a $85.00 target price on shares of Wix.com in a research report on Tuesday. Royal Bank Of Canada lifted their target price on shares of Wix.com from $45.00 to $60.00 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Bank of America cut shares of Wix.com from a “buy” rating to an “underperform” rating and cut their target price for the company from $75.00 to $68.00 in a report on Tuesday. Finally, Benchmark reiterated a “buy” rating on shares of Wix.com in a research report on Wednesday, August 26th. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $89.33.

Key Headlines Impacting Wix.com

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

• Positive Sentiment: Q3 adjusted earnings of $1.42 per share and revenue of $570.17 million exceeded consensus estimates; revenue grew 12.9% year over year. Wix tops Q3 earnings and revenue estimates
• Positive Sentiment: Management expects revenue to improve in Q4 and for the full year, offering a constructive growth signal. Wix Q3 revenue rises; outlook improves
• Negative Sentiment: Bank of America cut its rating from Buy to Underperform and lowered its price target from $75 to $68, adding pressure after a sharp prior-session decline. Bank of America rating change
• Negative Sentiment: Wix reduced its 2026 cash-flow outlook, raising concerns about the quality of growth and overshadowing the quarterly earnings beat. Wix stock, downgrade and cash-flow outlook

Insider Buying and Selling at Wix.com

In other Wix.com news, CMO Omer Shai purchased 490 shares of Wix.com stock in a transaction dated Monday, August 31st. The stock was acquired at an average cost of $59.89 per share, with a total value of $29,346.10. Following the acquisition, the chief marketing officer directly owned 515,879 shares of the company’s stock, valued at $30,895,993.31. This represents a 0.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shelly B. Meyer sold 479 shares of Wix.com stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $95.00, for a total value of $45,505.00. Following the completion of the sale, the insider owned 183,010 shares in the company, valued at approximately $17,385,950. This trade represents a 0.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders bought 2,622 shares of company stock worth $157,032. 6.20% of the stock is currently owned by company insiders.

Wix.com Company Profile

Wix.com Ltd. is a cloud-based platform that enables individuals, businesses and organizations to create and manage websites. Its tools include customizable templates, a visual website editor and hosting, allowing users to build sites without advanced coding skills or develop more customized experiences.

The company also offers services for online businesses, including e-commerce features, appointment booking, payments, marketing tools and website analytics. Its products are designed to help customers manage multiple aspects of their online presence through one platform.

Founded in 2006, Wix is headquartered in Tel Aviv, Israel, and serves customers internationally.