Wix.com reported Q1 2026 revenue of $541 million, up 14% year-over-year, fueled by a 15% increase in bookings to $585 million. Growth was driven by new user cohorts, especially from its Base44 acquisition, and the launch of its proprietary AI model powering Wix Harmony. The company repurchased nearly 30% of its shares in April and expects mid-teens revenue growth for the full year despite some near-term challenges. Wix aims to leverage AI to enhance its platform and profitability going forward.
Wix.com Ltd. announced it will report its second quarter 2026 financial results on August 4, before the market opens. The company will hold a conference call at 8:30 a.m. ET the same day to discuss the results and answer questions. Investors can acce...
UK retail sales showed improvement in June, driven by stronger demand for non-food items and increased online shopping. Analysts at Citi highlighted that retailers like Currys, Tesco, and Kingfisher are set to benefit from this trend, especially in e...
Pomerantz LLP is investigating Wix.com Ltd. following the company's Q1 2026 earnings report, which showed revenue and earnings below expectations and a sharp drop in operating margins. Wix attributed the poor results to issues with its professional d...
Wix is considered a solid buy due to its self-serve, low-cost model and in-house AI tools that position it well amid evolving market trends. The company’s aggressive 30% stock buyback at $92 per share suggests strong management confidence, even thoug...
