We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Wix.com (WIX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Read MoreHide Full Article
Wix.com (WIX - Free Report) closed at $74.95 in the latest trading session, marking a -2.75% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.51%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq depreciated by 1.07%.
Coming into today, shares of the cloud-based web development company had gained 6.13% in the past month. In that same time, the Computer and Technology sector lost 9.88%, while the S&P 500 lost 0.87%.
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 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. At the same time, our most recent consensus estimate is projecting a revenue of $566.8 million, reflecting a 12.2% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.28 per share and a revenue of $2.26 billion, indicating changes of -41.53% and +13.29%, respectively, from the former year.
Any recent changes to analyst estimates for Wix.com should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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.
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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, Wix.com holds a Zacks Rank of #3 (Hold).
In terms of valuation, Wix.com is presently being traded at a Forward P/E ratio of 18.02. For comparison, its industry has an average Forward P/E of 15.29, which means Wix.com is trading at a premium to the group.
Also, we should mention that WIX has a PEG ratio of 2.04. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. WIX's industry had an average PEG ratio of 1.21 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 103, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Wix.com (WIX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Wix.com (WIX - Free Report) closed at $74.95 in the latest trading session, marking a -2.75% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.51%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq depreciated by 1.07%.
Coming into today, shares of the cloud-based web development company had gained 6.13% in the past month. In that same time, the Computer and Technology sector lost 9.88%, while the S&P 500 lost 0.87%.
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 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. At the same time, our most recent consensus estimate is projecting a revenue of $566.8 million, reflecting a 12.2% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.28 per share and a revenue of $2.26 billion, indicating changes of -41.53% and +13.29%, respectively, from the former year.
Any recent changes to analyst estimates for Wix.com should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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.
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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, Wix.com holds a Zacks Rank of #3 (Hold).
In terms of valuation, Wix.com is presently being traded at a Forward P/E ratio of 18.02. For comparison, its industry has an average Forward P/E of 15.29, which means Wix.com is trading at a premium to the group.
Also, we should mention that WIX has a PEG ratio of 2.04. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. WIX's industry had an average PEG ratio of 1.21 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 103, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.