WIX launches Wix Functions, a no-code interface to customize workflows, automate tasks and optimize business logic, empowering businesses to operate effortlessly.
WIX launches automation builder to streamline business workflows with an intuitive and fully customizable automation engine.
WIX benefits from the increasing adoption of various AI products and WIX Studio. Forex volatility is expected to weigh on the top line.
The new integration with Printful will give Wix users a seamless access to the latter's print-on-demand and dropshipping fulfillment services.
Wix.com (WIX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wix.com (WIX -2.75%) reported fourth-quarter and full-year 2024 results on February 19, 2025, showcasing significant growth and operational improvements. The company hit its "rule of 40" target (where the revenue growth percentage plus free cash flow margin exceeds 40%) a year ahead of schedule and is now setting its sights even higher for 2025.
Wix's AI-driven automation enhances user experience and operational efficiency, driving scalable growth and margin expansion, positioning it as a high-quality SaaS company. Q4 2024 saw a 14% revenue increase and a significant improvement in operating margins, highlighting Wix's scalability and cost discipline. Despite a high forward P/E ratio, Wix's potential EBITDA growth and improving margins suggest it could grow into its valuation, supporting a buy rating.
Wix achieved accelerating revenue and bookings growth in its Q4 earnings print, alongside material FCF expansion. Despite strong results, shares of Wix fell post-earnings, prompting me to reiterate my buy rating with a refreshed $257 price target (7x FY25 revenue). Wix is transitioning to focus on larger, higher-intent customers and leveraging reseller partners, driving double-digit bookings growth and a 106% net revenue retention rate.
Wall Street analysts rerated Wix.com Ltd WIX after the company reported its fourth-quarter results Wednesday amid an exciting earnings season.
Wix.com Ltd.'s stock has surged by over 130% since our coverage in February 2023. However, a mixed reaction to its Q4 earnings warrants attention. Bookings remain steady and the Rule of 40 has been breached, acting as key value drivers for Wix's stock. A telling market share and compelling industry growth provide systematic tailwinds. Moreover, Wix's debt-to-equity improvement and bottom-line earnings growth suggest fundamental value creation.
Wix.com Ltd. (Wix) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Emily Liu - IR Avishai Abrahami - CEO and Co-Founder Nir Zohar - President and COO Lior Shemesh - CFO Conference Call Participants Ygal Arounian - Citigroup Elizabeth Porter - Morgan Stanley Deepak Mathivanan - Cantor Fitzgerald Josh Beck - Raymond James Andrew Boone - Citizens JMP Securities Operator Good day, and thank you for standing by.
Although the revenue and EPS for Wix.com (WIX) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.