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Wix.com is facing a potential threat from AI in its website-building business. The company's new acquisition in Base 44 is growing quickly as an AI vibe-coding application.
Investors still need to be selective when playing the choppy software sector, but analysts see compelling opportunity in some high-profile stocks and under-the-radar plays.
New York City-based Elwood Capital Partners bought 17,710 shares of Wix in the third quarter. The total position value rose by $3.57 million quarter over quarter.
Wix has teamed with Stripe to offer more local payment options in Europe. Although Wix Payments has been operating in Europe since 2019, this marks the first time Wix and Stripe are expanding their partnership outside North America, the companies said in a Tuesday (Dec. 16) news release.
Wix merchants will be among the first to have a simple and seamless experience to leverage the potential of agentic commerce via Stripe's Agentic Commerce Suite
New York City-based Senvest Management increased its holdings in Wixcom by 447,765 shares during the third quarter. The move helped increase the overall position value by about $118.7 million from the prior period.
Wix.com is upgraded to Hold from Sell after a sharp stock decline despite ongoing business growth. WIX's Q3 showed 14% revenue and bookings growth, but margin pressure persists due to AI investments. Balance sheet concerns remain with negative tangible equity, raising questions about continued buybacks amid solid free cash flow.
Wix.com Ltd. (WIX) Presents at UBS Global Technology and AI Conference 2025 Transcript
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