Wix’s stock price has taken a beating over the past six months, shedding 40.9% of its value and falling to $77.67 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
A number of stocks fell in the afternoon session after fears of disruption from artificial intelligence spooked investors, leading to a broad-based sell-off.
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth.
Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
A number of stocks fell in the afternoon session after a broad sell-off in the software sector was triggered by mixed earnings from industry leaders SAP and ServiceNow.
Shares of website building platform Wix (NASDAQ:WIX) jumped 6.5% in the afternoon session after the company announced that its board of directors approved a new share repurchase program of up to $2 billion. The authorization covered a two-year period spanning fiscal years 2026 and 2027, allowing the company to buy back its ordinary shares and/or convertible notes. The company said the program was supported by strong cash generation from operations. This significant buyback plan signaled the board's confidence in Wix's ability to generate strong cash flow and its commitment to boosting shareholder value.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Shares of website building platform Wix (NASDAQ:WIX) jumped 4.4% in the morning session after the company announced the launch of Wix Harmony, described as a world-first AI website builder.
A number of stocks jumped in the afternoon session after President Trump cooled fears of a transatlantic trade war by calling off scheduled tariffs on European allies.
A number of stocks fell in the afternoon session after geopolitical tensions between the United States and the European Union escalated, sparking fears of a renewed trade war.
Shares of website building platform Wix (NASDAQ:WIX) fell 4.7% in the afternoon session after Morgan Stanley lowered its price target on the stock, and the move was made worse by a broader sell-off in the technology sector.
A number of stocks fell in the afternoon session after tech stocks pulled back as reports surfaced that Chinese customs authorities blocked Nvidia's H200 AI chips, effectively halting their entry despite recent U.S. export approvals.
A number of stocks fell in the morning session after a broader market rotation out of the technology sector led to profit-taking following a recent rally.
As the digital backbone of the global internet prepares to close the books on a transformative year, VeriSign, Inc. (NASDAQ: VRSN) has officially scheduled the release of its fourth-quarter and full-year 2025 financial results. The announcement, set for February 5, 2026, comes at a critical juncture for the Reston, Virginia-based
Wix’s stock chart looks brutal, but under the hood, the business is throwing off cash, accelerating growth, and quietly building its next revenue engine.
