Wix.com Q4 revenue rises but slightly misses estimates

Overview

• Israel-based web development platform's Q4 revenue rose 14% y/y, slightly missing analyst expectations

• Adjusted gross margin for Q4 was 68%

• Company announced $250 mln equity investment led by Durable Capital Partners

Outlook

• Wix expects 2026 revenue to grow at mid-teens percentage y/y

• Company anticipates FCF margin in low- to mid-20% range in 2026

Result Drivers

• BASE44 PERFORMANCE - Base44 reached $100 mln in ARR, contributing to revenue growth

• HARMONY IMPACT - Harmony showed strong early conversion and monetization, driving new cohort bookings

Company press release: ID:nGNE4KYVrG

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the online services peer group is "buy"

• Wall Street's median 12-month price target for Wix.Com Ltd is $147.21, about 98% above its March 3 closing price of $74.36

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.