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Stock impact report

Cantor Fitzgerald Remains Bullish on Wix.com (WIX) [Yahoo! Finance]

Wix.com Ltd. - Ordinary Shares (WIX) 
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
On March 5, analysts at Cantor Fitzgerald maintained their Overweight rating and $130 price target on Wix.com Ltd. (NASDAQ:WIX), following the company's fourth-quarter results, during which it reported revenues and bookings that were roughly in line with consensus estimates and an EPS of $1.81, outpacing Wall Street's consensus estimate of $1.42. In its report, Cantor Fitzgerald pointed out that Wix.com Ltd. (NASDAQ:WIX)'s two AI-led growth pillars, Base44 and Wix Harmony, will play significant roles in reshaping the company's long-term growth strategy. In particular, Base44 is expected to generate $100 million in annual recurring revenue, giving the company a generational opportunity to capture share in AI-native application building. The analysts also said that Base44 is already gross-margin positive on a revenue basis and is pacing ahead of their prior 2026 estimate of $108 million, driven by rapid acceleration in product velocity and the company's go-to-market playbook of scale Show less Read more
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