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Wix.com (WIX) Stock Drops Despite Market Gains: Important Facts to Note
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Wix.com (WIX - Free Report) closed the most recent trading day at $80.38, moving -1.9% from the previous trading session. This change lagged the S&P 500's 0.7% gain on the day. Elsewhere, the Dow saw an upswing of 0.28%, while the tech-heavy Nasdaq appreciated by 0.83%.
Shares of the cloud-based web development company witnessed a gain of 11.05% over the previous month, beating the performance of the Computer and Technology sector with its loss of 7.7%, and the S&P 500's loss of 1.21%.
The upcoming earnings release of Wix.com will be of great interest to investors. The company's earnings report is expected on November 10, 2026. The company's earnings per share (EPS) are projected to be $1.3, reflecting a 22.62% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $566.8 million, indicating a 12.2% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $4.28 per share and a revenue of $2.26 billion, demonstrating changes of -41.53% and +13.29%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts 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.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Wix.com is currently a Zacks Rank #3 (Hold).
Looking at valuation, Wix.com is presently trading at a Forward P/E ratio of 19.16. This indicates a premium in contrast to its industry's Forward P/E of 16.03.
Meanwhile, WIX's PEG ratio is currently 2.17. 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. Computers - IT Services stocks are, on average, holding a PEG ratio of 1.38 based on yesterday's closing prices.
The Computers - IT Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 92, positioning it in the top 38% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Wix.com (WIX) Stock Drops Despite Market Gains: Important Facts to Note
Wix.com (WIX - Free Report) closed the most recent trading day at $80.38, moving -1.9% from the previous trading session. This change lagged the S&P 500's 0.7% gain on the day. Elsewhere, the Dow saw an upswing of 0.28%, while the tech-heavy Nasdaq appreciated by 0.83%.
Shares of the cloud-based web development company witnessed a gain of 11.05% over the previous month, beating the performance of the Computer and Technology sector with its loss of 7.7%, and the S&P 500's loss of 1.21%.
The upcoming earnings release of Wix.com will be of great interest to investors. The company's earnings report is expected on November 10, 2026. The company's earnings per share (EPS) are projected to be $1.3, reflecting a 22.62% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $566.8 million, indicating a 12.2% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $4.28 per share and a revenue of $2.26 billion, demonstrating changes of -41.53% and +13.29%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts 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.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Wix.com is currently a Zacks Rank #3 (Hold).
Looking at valuation, Wix.com is presently trading at a Forward P/E ratio of 19.16. This indicates a premium in contrast to its industry's Forward P/E of 16.03.
Meanwhile, WIX's PEG ratio is currently 2.17. 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. Computers - IT Services stocks are, on average, holding a PEG ratio of 1.38 based on yesterday's closing prices.
The Computers - IT Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 92, positioning it in the top 38% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.