Wix.com (WIX) to Release Quarterly Earnings on Wednesday

Key Points

• Wix.com will report Q1 2026 results before the market opens on Wednesday, May 13 at 8:30 AM ET; analysts expect $1.21 EPS and $544.04 million in revenue.
• The board has authorized a $2.0 billion share buyback program that could repurchase up to 40.5% of outstanding shares, a signal management may view the stock as undervalued.
• In the prior quarter Wix beat EPS expectations ($1.81 vs. $1.36) with revenue up 13.9% YoY to $524.27 million, and analysts maintain a "Moderate Buy" consensus with an average price target of $124.65.

Wix.com (NASDAQ:WIX - Get Free Report) is expected to be releasing its Q1 2026 results before the market opens on Wednesday, May 13th. Analysts expect Wix.com to post earnings of $1.21 per share and revenue of $544.0380 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 8:30 AM ET.

Wix.com (NASDAQ:WIX - Get Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The information services provider reported $1.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.36 by $0.45. Wix.com had a negative return on equity of 70.04% and a net margin of 2.54%.The business had revenue of $524.27 million for the quarter, compared to the consensus estimate of $527.69 million. During the same period in the prior year, the business posted $2.10 earnings per share. The company's quarterly revenue was up 13.9% compared to the same quarter last year. On average, analysts expect Wix.com to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Wix.com Stock Performance

WIX stock traded down $2.45 during midday trading on Wednesday, reaching $74.58. 360,625 shares of the company traded hands, compared to its average volume of 2,499,208. Wix.com has a 52-week low of $60.22 and a 52-week high of $191.24. The business has a 50 day moving average of $79.77 and a 200-day moving average of $94.74. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 92.32, a P/E/G ratio of 2.44 and a beta of 1.01.

Wix.com announced that its Board of Directors has initiated a share repurchase plan on Wednesday, January 28th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the information services provider to purchase up to 40.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WIX. Zacks Research upgraded Wix.com from a "strong sell" rating to a "hold" rating in a research report on Friday, January 30th. Wells Fargo & Company cut their target price on Wix.com from $176.00 to $137.00 and set an "overweight" rating on the stock in a research note on Thursday, March 5th. UBS Group cut Wix.com from a "buy" rating to a "neutral" rating and cut their target price for the company from $145.00 to $96.00 in a research note on Thursday, April 2nd. Weiss Ratings cut Wix.com from a "hold (c-)" rating to a "sell (d)" rating in a research note on Friday, March 6th. Finally, Piper Sandler began coverage on Wix.com in a research note on Thursday, March 12th. They set a "neutral" rating and a $98.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $124.65.

Institutional Trading of Wix.com

Several hedge funds and other institutional investors have recently made changes to their positions in WIX. Geneos Wealth Management Inc. lifted its holdings in shares of Wix.com by 632.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 249 shares of the information services provider's stock valued at $41,000 after purchasing an additional 215 shares during the last quarter. National Bank of Canada FI purchased a new stake in shares of Wix.com during the 3rd quarter valued at $54,000. Kestra Advisory Services LLC purchased a new position in Wix.com in the 4th quarter worth $79,000. Wexford Capital LP purchased a new position in Wix.com in the 3rd quarter worth $88,000. Finally, Tower Research Capital LLC TRC raised its stake in Wix.com by 508.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 779 shares of the information services provider's stock worth $123,000 after acquiring an additional 651 shares during the last quarter. Hedge funds and other institutional investors own 81.52% of the company's stock.

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.

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