Needham & Company LLC Increases Wix.com (NASDAQ:WIX) Price Target to $95.00

Wix.com (NASDAQ:WIX) had its price objective hoisted by analysts at Needham & Company LLC from $80.00 to $95.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the information services provider’s stock. Needham & Company LLC’s target price points to a potential upside of 18.60% from the stock’s previous close.

WIX has been the topic of several other research reports. JPMorgan Chase & Co. dropped their price objective on shares of Wix.com from $86.00 to $62.00 and set an “underweight” rating on the stock in a report on Thursday, June 18th. Wedbush boosted their target price on shares of Wix.com from $55.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, August 20th. Citigroup reaffirmed a “neutral” rating on shares of Wix.com in a report on Wednesday, August 12th. Royal Bank Of Canada increased their target price on Wix.com from $45.00 to $60.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th. Finally, Morgan Stanley cut shares of Wix.com from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $112.00 to $60.00 in a research note on Tuesday, July 21st. Eleven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Wix.com has an average rating of “Hold” and an average target price of $91.29.

Wix.com Stock Performance

Shares of NASDAQ:WIX opened at $80.10 on Wednesday. The company has a 50 day moving average price of $70.87 and a 200 day moving average price of $67.57. The stock has a market capitalization of $4.67 billion, a price-to-earnings ratio of -22.63, a PEG ratio of 39.70 and a beta of 1.02. Wix.com has a 1-year low of $40.16 and a 1-year high of $185.99.

Wix.com (NASDAQ:WIX) last announced its quarterly earnings data on Tuesday, August 4th. The information services provider reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.26. The firm had revenue of $563.06 million for the quarter, compared to the consensus estimate of $552.56 million. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. During the same period in the previous year, the firm posted $2.28 earnings per share. The firm’s revenue was up 14.9% on a year-over-year basis. On average, sell-side analysts expect that Wix.com will post 0.24 EPS for the current fiscal year.

Insider Buying and Selling at Wix.com

In other Wix.com news, Director Ron Gutler sold 5,718 shares of Wix.com stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $85.42, for a total value of $488,431.56. Following the transaction, the director owned 15,631 shares of the company’s stock, valued at approximately $1,335,200.02. The trade was a 26.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Lior Shemesh acquired 456 shares of Wix.com stock in a transaction dated Monday, August 31st. The shares were purchased at an average cost of $59.89 per share, with a total value of $27,309.84. Following the completion of the transaction, the chief financial officer directly owned 221,567 shares of the company’s stock, valued at $13,269,647.63. This trade represents a 0.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 2,622 shares of company stock worth $157,032 in the last quarter. Company insiders own 6.20% of the company’s stock.

Hedge Funds Weigh In On Wix.com

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Senvest Management LLC raised its position in shares of Wix.com by 24.8% in the first quarter. Senvest Management LLC now owns 3,754,680 shares of the information services provider’s stock valued at $338,184,000 after purchasing an additional 746,200 shares during the period. Hsbc Holdings PLC grew its position in shares of Wix.com by 11,894.0% in the first quarter. Hsbc Holdings PLC now owns 3,529,474 shares of the information services provider’s stock valued at $318,676,000 after purchasing an additional 3,500,047 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Wix.com by 57.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,585,962 shares of the information services provider’s stock worth $142,848,000 after purchasing an additional 578,729 shares during the period. Atreides Management LP acquired a new stake in Wix.com during the 4th quarter worth approximately $129,598,000. Finally, Clearbridge Investments LLC boosted its stake in Wix.com by 20.4% in the 4th quarter. Clearbridge Investments LLC now owns 1,079,489 shares of the information services provider’s stock valued at $112,148,000 after purchasing an additional 183,100 shares during the period. Institutional investors own 81.52% of the company’s stock.

Wix.com News Summary

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

• Negative Sentiment: Multiple firms—including Pomerantz, Kaplan Fox, Rosen, Block & Leviton, and others—announced or promoted a securities-fraud class action against Wix.com and certain executives. The case covers investors who purchased Wix securities from February 19, 2025, through May 12, 2026, and seeks damages under federal securities laws. The allegations have not been proven. Pomerantz class-action announcement
• Negative Sentiment: September 22 was repeatedly identified as the deadline for investors to seek lead-plaintiff status, with one notice indicating that motions could be filed by September 23. The concentration of deadline-related releases increases the visibility of the litigation and may weigh on sentiment, although the announcements themselves do not establish the company’s financial liability. Kaplan Fox deadline notice

Wix.com Company Profile

Wix.com Ltd. is an Israeli software company that operates a cloud-based website development platform. Its services enable individuals, entrepreneurs, small businesses and organizations to create, manage and grow websites without requiring extensive coding expertise.

The company offers customizable website templates and visual design tools, along with domain registration, web hosting, content management, search engine optimization and online marketing capabilities. Wix also provides tools for e-commerce, online payments, bookings, events, restaurants and other business operations, as well as professional development products through Wix Studio and third-party applications available through its app marketplace.

Founded in 2006 by Avishai Abrahami, Nadav Abrahami and Giora Kaplan, Wix is headquartered in Tel Aviv, Israel, and serves customers internationally.