Wix shares have dropped about 57% over the past year, reaching a 10-year low valuation, but Jefferies maintains a 'Buy' rating citing improving partner demand and growing traction in AI products like Base44 and Harmony. A survey showed 70% of web-building partners reported better demand and 80% saw improved conversion rates. Wix Studio now accounts for 45% of partner projects, and Base44 has surpassed $100 million in annual recurring revenue, signaling strong AI adoption. Investors will watch Q1 earnings for bookings growth, cash flow, and AI monetization updates, with Jefferies forecasting 14.3% revenue growth and 14% operating margins for 2026.
Wix.com Ltd. is considered a Strong Buy despite a 45% decline year-to-date and missing Q1 earnings expectations. The company reported a 14% year-over-year revenue increase to $541.2 million, with bookings up 15% and annual recurring revenue reaching ...
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 p...
