$WIX

StoneX reiterated a Buy rating and $110 price target for Wix.com (WIX) ahead of Q3 earnings, citing 39% upside potential. The firm expects Q3 revenue of $556M, slightly below consensus. Wix's Q2 2026 earnings beat estimates, with revenue at $563.1M and bookings up 12% YoY. Analysts have mixed price target adjustments, with some citing AI-driven growth.

Oppenheimer notes improved interest in web and e-commerce software ahead of Q3 results, but AI concerns remain. Shopify (SHOP) is expected to exceed revenue forecasts with strong consumer demand. Wix.com (WIX) may see slower growth due to AI shifts. GoDaddy (GDDY) is on track with forecasts, and Commerce.com (CMCM) expects revenue in line with estimates. Oppenheimer raised Shopify's price target to $205.

Wix.com (WIX) has seen its share price recover from a low of $40 to $77, though still down 26% year-to-date. The company laid off 20% of its workforce in May. Analysts from Cantor and Oppenheimer issued positive outlooks, with price targets of $90 and $85 respectively, citing growth in Base44 and AI developments. Wix's market cap is $3.25B.

Wix (WIX) shares rose 7.3% after announcing Symphony AI agents can now process payments via Stripe Link, aiding small business operations. The stock is volatile, down 21.2% YTD and 45.3% from its 52-week high. Recent sector-wide uncertainty followed Gen Digital's takeover approach for GoDaddy.

Commerce (CMRC) reported Q2 revenue of $84.51M, missing estimates by 0.7% and guiding lower. Shopify (SHOP) beat expectations with $3.58B revenue, up 33.7% YoY. GoDaddy (GDDY) and Wix (WIX) also reported, with Wix up 14.9% YoY. CMRC fell 5.6% post-earnings, while SHOP and WIX rose 33.3% and 29.6% respectively.

Wix (WIX) shares fell 5.1% after Gen Digital approached GoDaddy, pressuring web services sector. Investors questioned Gen Digital's ability to complete the deal due to high net debt. Wix's stock later recovered to $74.62, down 3.8% from the previous close. The stock has seen significant volatility, down 26.1% year-to-date and 58.7% from its 52-week high.

GoDaddy (GDDY) reported Q2 revenue of $1.30B, up 6.6% YoY, meeting expectations. Its stock fell 3% post-earnings. Shopify (SHOP) saw revenue rise 33.7% YoY, beating estimates, with its stock up 14.8%. Commerce (CMRC) missed revenue estimates, and its stock dropped 5.1%. Wix (WIX) reported 14.9% YoY revenue growth, with its stock up 36.3%.

StoneX reiterated a Buy rating and $110 price target for Wix.com (WIX) after meeting with the company, citing strong AI platform performance and potential margin upside. WIX trades at $79.67, with analysts noting undervaluation and a 12% free cash flow yield. Recent Q2 results beat estimates, with revenue of $563.1M and EPS of $1.59. Analysts have mixed price target adjustments but acknowledge the earnings beat.

Wiwynn Corp. is expanding its Socorro, Texas, data-server factory complex with a $1.6B investment, driven by demand from Amazon.com. The expansion, supported by tax incentives, aims to create thousands of jobs and strengthen Amazon's U.S. supply chain. Wiwynn's servers are critical for Amazon's data centers, and the complex is expected to employ 4,000 people at full capacity by 2028.

Wix.com (WIX) shares fell 4.6% to $72.72, extending a four-day decline of 17.7%. Investors are reassessing Wix's AI economics, buyback leverage, and cash flow guidance. The company faces a class-action lawsuit over AI product claims, with a September 22 deadline for lead plaintiff nomination. Wix reported Q2 revenue of $563.1M, up 15%, but faces growth mix challenges. Base44's 60% gross margin target is crucial for investor confidence. WIX trades at 7.2x adjusted cash flow, with net debt increas