Wix.com (WIX) closed at $68.07 in the latest trading session, marking a -1.68% move from the prior day. This change lagged the S&P 500's 0.1% gain on the day. At the same time, the Dow added 0.07%, and the tech-heavy Nasdaq gained 0.14%.
Shares of the cloud-based web development company have depreciated by 13.64% over the course of the past month, underperforming the Computer and Technology sector's loss of 4.05%, and the S&P 500's loss of 1.43%.
Investors will be eagerly watching for the performance of Wix.com in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on March 4, 2026. The company is predicted to post an EPS of $1.36, indicating a 29.53% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $528.03 million, up 14.68% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $6.76 per share and a revenue of $2 billion, demonstrating changes of +5.79% and +13.43%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Wixcom. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, Wix.com holds a Zacks Rank of #2 (Buy).
In terms of valuation, Wix.com is presently being traded at a Forward P/E ratio of 10.63. This signifies a discount in comparison to the average Forward P/E of 13.72 for its industry.
Also, we should mention that WIX has a PEG ratio of 0.57. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Computers - IT Services industry currently had an average PEG ratio of 1.26 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 87, finds itself in the top 36% echelons 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.
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Wix.com Ltd. (WIX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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