Wix.com Ltd. (NASDAQ:WIX) is one of the Tech Stocks to Buy with the Highest Upside Potential. Wix.com Ltd. (NASDAQ:WIX) topped analysts’ expectations during the fiscal second quarter of 2025. The company posted $489.93 million in revenue, up 12.43% year-over-year and ahead of consensus by $2.60 million. Moreover, the EPS of $2.28 also topped the consensus by $0.52. The stock has surged more than 9.90% since the earnings release on August 6.
In addition, Wall Street has been bullish on Wix.com Ltd. (NASDAQ:WIX) as several analysts maintained a Buy rating on the stock. On August 19, Brad Erickson from RBC Capital maintained a Buy rating on the stock with a price target of $210. Later, on August 25, Citizens JMP analyst Andrew Boone also reiterated a Buy rating on the stock with an associated price target of $200.
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Wix.com Ltd. (NASDAQ:WIX) has raised its full-year bookings outlook after taking confidence from a strong first half. The company now expects $2,040 million to $2,075 million in bookings compared to the previous guidance of $2,025 million to $2,060 million.
Wix.com Ltd. (NASDAQ:WIX) provides a web development platform that helps businesses and organizations create and manage their online presence without needing to code.
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.
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Disclosure: None. This article is originally published at Insider Monkey.