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Wix.com (WIX) Stock Declines While Market Improves: Some Information for Investors
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Wix.com (WIX - Free Report) closed at $56.68 in the latest trading session, marking a -7.42% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.66%. Elsewhere, the Dow gained 1.19%, while the tech-heavy Nasdaq added 2.78%.
The stock of cloud-based web development company has risen by 25.25% in the past month, leading the Computer and Technology sector's loss of 7.65% and the S&P 500's loss of 1.49%.
The investment community will be paying close attention to the earnings performance of Wix.com in its upcoming release. The company is slated to reveal its earnings on August 4, 2026. The company's earnings per share (EPS) are projected to be $1.13, reflecting a 50.44% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $554.78 million, up 13.24% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $4.55 per share and a revenue of $2.25 billion, demonstrating changes of -37.84% and +13.11%, respectively, from the preceding year.
Any recent changes to analyst estimates for Wix.com should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 2.08% lower. Currently, Wix.com is carrying a Zacks Rank of #3 (Hold).
Investors should also note Wix.com's current valuation metrics, including its Forward P/E ratio of 13.46. For comparison, its industry has an average Forward P/E of 13.77, which means Wix.com is trading at a discount to the group.
Investors should also note that WIX has a PEG ratio of 0.92 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Computers - IT Services industry held an average PEG ratio of 1.16.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 82, finds itself in the top 34% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Wix.com (WIX) Stock Declines While Market Improves: Some Information for Investors
Wix.com (WIX - Free Report) closed at $56.68 in the latest trading session, marking a -7.42% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.66%. Elsewhere, the Dow gained 1.19%, while the tech-heavy Nasdaq added 2.78%.
The stock of cloud-based web development company has risen by 25.25% in the past month, leading the Computer and Technology sector's loss of 7.65% and the S&P 500's loss of 1.49%.
The investment community will be paying close attention to the earnings performance of Wix.com in its upcoming release. The company is slated to reveal its earnings on August 4, 2026. The company's earnings per share (EPS) are projected to be $1.13, reflecting a 50.44% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $554.78 million, up 13.24% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $4.55 per share and a revenue of $2.25 billion, demonstrating changes of -37.84% and +13.11%, respectively, from the preceding year.
Any recent changes to analyst estimates for Wix.com should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 2.08% lower. Currently, Wix.com is carrying a Zacks Rank of #3 (Hold).
Investors should also note Wix.com's current valuation metrics, including its Forward P/E ratio of 13.46. For comparison, its industry has an average Forward P/E of 13.77, which means Wix.com is trading at a discount to the group.
Investors should also note that WIX has a PEG ratio of 0.92 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Computers - IT Services industry held an average PEG ratio of 1.16.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 82, finds itself in the top 34% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.