Wix.com

$Wix.com(WIX.US) | Needham reiterates 𝐁𝐮𝐲 on 𝐖𝐢𝐱.𝐜𝐨𝐦, maintains 𝐏𝐓 𝐚𝐭 $𝟖𝟎

Analyst sees fears on the Core business as overblown, citing a competitive advantage and an undervalued Base44 asset.

$Wix.com(WIX.US) | RBC Capital 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧𝐬 𝐒𝐞𝐜𝐭𝐨𝐫 𝐏𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐖𝐢𝐱.𝐜𝐨𝐦, 𝐜𝐮𝐭𝐬 𝐏𝐓 𝐭𝐨 $𝟒𝟓 𝐟𝐫𝐨𝐦 $𝟔𝟎

Analyst cuts estimates and PT on AI headwinds and partner weakness, remaining sidelined due to a lack of confidence in the company's stabilization.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Wix.com(WIX.US) Wix Joins OpenAI Codex Enterprise Launch for AI-Powered Website Creation

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ Wix selected as a launch partner for 𝐎𝐩𝐞𝐧𝐀𝐈 𝐂𝐨𝐝𝐞𝐱 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞.

➤ Integration enables users to create 𝐟𝐮𝐥𝐥𝐲 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 business websites using AI.

➤ Combines Codex with 𝐖𝐢𝐱 𝐇𝐞𝐚𝐝𝐥𝐞𝐬 to launch sites, stores, and bookings.

➤ Websites can include custom domains, 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬, CRM, and product catalogs.

➤ Users can turn natural language prompts into 𝐥𝐢𝐯𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 through a single workflow.

➤ Platform includes 𝐆𝐃𝐏𝐑, 𝐏𝐂𝐈-𝐃𝐒𝐒, and regional compliance capabilities.

➤ Wix-OpenAI integration is available immediately.

💬 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

“The industry has been focused on making it easier to build things. We've been building the infrastructure to make those things operate at scale,” said Shahar Talmi, GM of Developer Platform at Wix.

“With Wix Headless, an AI agent doesn't just generate a storefront, it turns it into a fully functional and sustainable business.”

ValueAct Capital Portfolio Updates

$Toast(TOST.US) $Visa(V.US) $KKR(KKR.US) $Spotify(SPOT.US) $Wix.com(WIX.US) $Roblox(RBLX.US) $Meta Platforms(META.US) $Amazon(AMZN.US) $Live Nation(LYV.US) $MongoDB(MDB.US) $Rocket(RKT.US) $Disney(DIS.US)

$Wix.com(WIX.US) Ouch 🩸

EPS: $0.68 vs $1.25 est

REV: $541.171M vs $544.158M est

🟥 -15.66%