Needham & Company LLC Cuts Wix.com (NASDAQ:WIX) Price Target to $115.00

Wix.com (NASDAQ:WIX) had its target price dropped by stock analysts at Needham & Company LLC from $140.00 to $115.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the information services provider’s stock. Needham & Company LLC’s price objective points to a potential upside of 37.26% from the company’s previous close.

A number of other research analysts have also issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Wix.com in a research note on Wednesday, January 21st. Royal Bank Of Canada set a $70.00 target price on Wix.com in a research report on Wednesday, January 7th. Jefferies Financial Group lowered their price target on Wix.com from $200.00 to $130.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Barclays dropped their price target on Wix.com from $210.00 to $205.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 21st. Finally, Scotiabank decreased their target price on Wix.com from $255.00 to $175.00 and set a “sector outperform” rating for the company in a report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $154.10.

Wix.com Price Performance

Wix.com stock opened at $83.78 on Thursday. Wix.com has a 1-year low of $60.22 and a 1-year high of $197.85. The business has a fifty day moving average price of $83.51 and a 200-day moving average price of $116.16. The stock has a market capitalization of $4.70 billion, a price-to-earnings ratio of 35.80, a PEG ratio of 2.31 and a beta of 1.39.

Wix.com (NASDAQ:WIX) last released its quarterly earnings results on Wednesday, March 4th. The information services provider reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.45. The company had revenue of $524.27 million during the quarter, compared to analysts’ expectations of $527.69 million. Wix.com had a negative return on equity of 102.59% and a net margin of 7.20%.The firm’s revenue was up 13.9% compared to the same quarter last year. During the same period last year, the business posted $2.10 earnings per share. On average, equities research analysts anticipate that Wix.com will post 3.65 earnings per share for the current fiscal year.

Wix.com announced that its board has approved a stock repurchase program 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 shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Wix.com

Several hedge funds have recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its stake in shares of Wix.com by 128.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,637,795 shares of the information services provider’s stock worth $823,813,000 after purchasing an additional 2,606,204 shares during the period. Lone Pine Capital LLC purchased a new stake in Wix.com during the second quarter worth $342,485,000. Wellington Management Group LLP grew its position in Wix.com by 90.4% during the third quarter. Wellington Management Group LLP now owns 3,390,589 shares of the information services provider’s stock valued at $602,270,000 after buying an additional 1,609,989 shares during the period. Diamond Hill Capital Management Inc. purchased a new position in Wix.com in the fourth quarter valued at $150,622,000. Finally, Atreides Management LP purchased a new position in Wix.com in the fourth quarter valued at $129,598,000. Hedge funds and other institutional investors own 81.52% of the company’s stock.

Key Stories Impacting Wix.com

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

• Positive Sentiment: Q4 EPS beat and strong cash generation — Wix reported Q4 EPS of $1.81, comfortably above estimates, and disclosed robust free cash flow for the quarter, which supports profitability improvements and buyback capacity. Wix Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Upbeat 2026 guidance and product traction — Management outlined mid‑teens revenue growth and a low‑to‑mid‑20% free‑cash‑flow margin for 2026, citing accelerating adoption of AI offerings (Harmony) and Base44 surpassing $100M ARR. Wix outlines mid-teens revenue growth for 2026 as AI strategy accelerates, Base44 surpasses $100M ARR
• Positive Sentiment: $250M institutional equity commitment and repurchase acceleration — Durable Capital‑led $250M private placement (units) signals long‑term investor conviction, and management said it will complete the majority of its $2B share repurchase program in 2026, supporting demand for shares. Wix Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Large modified Dutch‑auction tender offer announced — Wix commenced a modified Dutch auction to buy up to $1.75B of shares at $80–$92 per share, an aggressive capital‑return action that can reduce float and provide a sizable bid for the stock. Wix Announces Commencement of Modified Dutch Auction Tender Offer…
• Neutral Sentiment: Revenue slightly below consensus — Q4 revenue was $524.3M (up ~14% y/y) but just under Street estimates, so topline momentum is solid yet not uniformly exceeding expectations. WIX Beats Q4 Earnings Estimates on Revenue Momentum, Wins $250M Deal
• Neutral Sentiment: Private placement structure includes units/warrants — The $250M deal involves units (shares + warrants), which provides capital and endorsement but introduces potential future dilution depending on warrant exercise. Wix jumps 12.7% after Q4 results, upbeat 2026 outlook, and $250M equity investment
• Negative Sentiment: Ongoing investment needs and legacy profitability metrics — Management plans continued investments in AI/product roadmaps which should drive long‑term upside but could press near‑term margins; the company still shows a negative ROE metric and EPS is below year‑ago levels, which remain points of investor scrutiny. Wix.com Earnings Call: AI Bets Drive Growth

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.