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Wix.com (WIX) Rises Higher Than Market: Key Facts

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Wix.com (WIX - Free Report) closed at $76.50 in the latest trading session, marking a +1.1% move from the prior day. This move outpaced the S&P 500's daily gain of 0.12%. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.2%.

The cloud-based web development company's shares have seen a decrease of 13.16% over the last month, not keeping up with the Computer and Technology sector's gain of 16.05% and the S&P 500's gain of 9.3%.

The upcoming earnings release of Wix.com will be of great interest to investors. The company's earnings report is expected on May 13, 2026. The company's earnings per share (EPS) are projected to be $1.27, reflecting a 18.06% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $543.79 million, indicating a 14.81% growth compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $6.21 per share and revenue of $2.29 billion, which would represent changes of -15.16% and +14.8%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for Wixcom. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 4.87% downward. Wix.com is holding a Zacks Rank of #3 (Hold) right now.

Valuation is also important, so investors should note that Wix.com has a Forward P/E ratio of 12.19 right now. This denotes a discount relative to the industry average Forward P/E of 12.9.

We can additionally observe that WIX currently boasts a PEG ratio of 0.59. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Computers - IT Services industry was having an average PEG ratio of 1.2.

The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 71, placing it within the top 30% of over 250 industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

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