Latest news with #Wixcom
Yahoo
09-07-2025
- Business
- Yahoo
Alibaba.com, Wix Partner to Empower Global SMEs, Boost E-commerce
Alibaba Group Holding Limited (NYSE:BABA) is one of the most promising stocks according to Wall Street analysts. On July 2, which is a leading global B2B marketplace, and Ltd. (NASDAQ:WIX) announced a partnership to empower digital entrepreneurs, new businesses, and small and medium-sized enterprises/SMEs to expand their global reach. The collaboration will facilitate seamless global trade across over 200 countries and regions. Under the partnership, Seller App's integration with Wix Marketplace will allow Wix merchants to seamlessly become Global Gold Suppliers on by simply downloading the app. Plus, Wix merchants will gain access to a curated sourcing marketplace powered by sellers will also have direct access to Wix's powerful AI platform to build their own branded D2C and B2B storefronts. An e-commerce platform displaying a wide range of products to customers online. Using Wix's full suite of intuitive AI, design, marketing, and eCommerce tools, sellers can easily expand their digital presence, strengthen brand identity, and directly engage with both consumers and business buyers globally through Single Sign-On capability. The partnership rollout will occur in phases, with future enhancements anticipated. Alibaba Group Holding Limited (NYSE:BABA) provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses engage with their users and customers in China and internationally. Ltd. (NASDAQ:WIX) operates a cloud-based web development platform for registered users and creators worldwide. While we acknowledge the potential of BABA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
09-07-2025
- Business
- Yahoo
Oppenheimer Reiterates Outperform Rating on Wix.com (WIX) Stock
Ltd. (NASDAQ:WIX) is one of the Oppenheimer reiterated an 'Outperform' rating and a price objective of $220.00 on the company's stock after the company announced a strategic partnership with Alibaba. This partnership is expected to offer Wix merchants access to Alibaba's wholesale platform. It will also enable Alibaba sellers to build storefronts that are powered by Wix technology. An engineer wearing virtual reality goggles programming the company's video cloud and software. As per the firm, this arrangement is expected to be beneficial for Ltd. (NASDAQ:WIX)'s premium subscriber counts and bookings growth, even though specific details related to co-selling strategies, prioritization, and financial terms are not yet disclosed. Even though Ltd. (NASDAQ:WIX) has pivoted away from using multi-year bookings as the foundation of its Collection disclosures, there are expectations that the Alibaba partnership can be a significant factor in the company's growth trajectory. The partnership is expected to take a phased rollout approach, with potential activation projected for H2 of the year, which could aid management's expected acceleration in the latter part of the year. As per Ltd. (NASDAQ:WIX), the expected future features consist of AI-powered product discovery, automated onboarding processes, and intelligent product-matching tools. Notably, these innovations focus on simplifying and accelerating global commerce, mainly benefiting small and medium-sized enterprises. Munro Partners, an investment management firm, released its Q4 2024 investor letter. Here is what the fund said: 'Within the Digital Enterprise Area of Interest (AoI), both Wix and GoDaddy reported strong results for the quarter, with revenue, profit and free cash flows exceeding investors' expectations. Both web builders' management teams expressed confidence in their respective continued growth fuelled by new product features powered by AI innovations.' While we acknowledge the potential of WIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-07-2025
- Business
- Yahoo
Wix.com (WIX) Suffers a Larger Drop Than the General Market: Key Insights
(WIX) closed at $161.77 in the latest trading session, marking a -1.17% move from the prior day. This change lagged the S&P 500's 0.07% loss on the day. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq gained 0.03%. Heading into today, shares of the cloud-based web development company had gained 6.31% over the past month, outpacing the Computer and Technology sector's gain of 5.58% and the S&P 500's gain of 3.94%. Investors will be eagerly watching for the performance of in its upcoming earnings disclosure. On that day, is projected to report earnings of $1.75 per share, which would represent year-over-year growth of 4.79%. Alongside, our most recent consensus estimate is anticipating revenue of $487.58 million, indicating a 11.89% upward movement from the same quarter last year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.13 per share and a revenue of $1.98 billion, signifying shifts of +11.58% and +12.7%, respectively, from the last year. Any recent changes to analyst estimates for should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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, there's been no change in the Zacks Consensus EPS estimate. At present, boasts a Zacks Rank of #3 (Hold). In the context of valuation, is at present trading with a Forward P/E ratio of 22.96. This valuation marks a premium compared to its industry average Forward P/E of 19.88. Meanwhile, WIX's PEG ratio is currently 1.11. 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. WIX's industry had an average PEG ratio of 2.2 as of yesterday's close. The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 70, this industry ranks in the top 29% of all industries, numbering over 250. 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. Don't forget to use to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ltd. (WIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
02-07-2025
- Business
- Yahoo
Wix's AI Acquisition Signals Capital Strategy Shift, Says Barclays
Ltd. (NASDAQ:WIX) ranks among the 30 stocks expected to beat the market by 20 percentage points this year. On June 18, Barclays maintained its $240 price target and Overweight rating on Ltd. (NASDAQ:WIX). The rating confirmation comes after Ltd. (NASDAQ:WIX) recently announced that it had acquired 'Hour One,' a company with generative AI capabilities, just weeks prior. Wix's business strategy may be changing, according to Barclays, which said, 'We do wonder if Wix is beginning to prioritize M&A as a larger part of its capital allocation strategy.' That said, Barclays does not see Wix pursuing significant game-changing acquisitions, despite the recent deals. The firm stated that smaller purchases could yet occur while large-scale M&A seems unlikely. In particular, the research firm stated that it 'would not be surprised to see more of these tuck-in deals to bolster talent/product capabilities,' implying that Ltd. (NASDAQ:WIX) would keep making targeted acquisitions to improve its current technological expertise and service offerings. Ltd. (NASDAQ:WIX) is a cloud-based platform that enables those without technical expertise to create websites. It offers Wix Editor, Wix ADI, and numerous other services. While we acknowledge the potential of WIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.
Yahoo
02-07-2025
- Business
- Yahoo
Wix.com (WIX) Advances While Market Declines: Some Information for Investors
(WIX) closed the most recent trading day at $161.03, moving +1.62% from the previous trading session. This change outpaced the S&P 500's 0.11% loss on the day. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, lost 0.82%. Coming into today, shares of the cloud-based web development company had gained 6.38% in the past month. In that same time, the Computer and Technology sector gained 8.76%, while the S&P 500 gained 5.17%. Investors will be eagerly watching for the performance of in its upcoming earnings disclosure. The company is expected to report EPS of $1.75, up 4.79% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $487.58 million, indicating a 11.89% increase compared to the same quarter of the previous year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.13 per share and a revenue of $1.98 billion, representing changes of +11.58% and +12.7%, respectively, from the prior year. Any recent changes to analyst estimates for should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, holds a Zacks Rank of #3 (Hold). In terms of valuation, is currently trading at a Forward P/E ratio of 22.23. This indicates a premium in contrast to its industry's Forward P/E of 19.73. We can additionally observe that WIX currently boasts a PEG ratio of 1.08. 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. By the end of yesterday's trading, the Computers - IT Services industry had an average PEG ratio of 2.17. The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 43, putting it in the top 18% of all 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 to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ltd. (WIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
