Wix.com (NASDAQ:WIX) Shares Pass Above 200-Day Moving Average – Here’s Why

Wix.com Ltd. (NASDAQ:WIX) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $66.29 and traded as high as $86.94. Wix.com shares last traded at $85.76, with a volume of 1,054,699 shares.

Wix.com News Roundup

Here are the key news stories impacting Wix.com this week:

• Positive Sentiment: The stock crossed above its 200-day moving average, a technical development that some investors may view as a bullish signal and evidence of a possible recovery trend. Wix.com share price crosses above two hundred day moving average
• Neutral Sentiment: Multiple law firms are promoting a securities class action against Wix and its officers on behalf of investors who purchased shares between February 19, 2025, and May 12, 2026. The notices state that investors have until September 22, 2026, to seek appointment as lead plaintiff. Wix.com securities fraud class action filed
• Negative Sentiment: The litigation follows Wix’s roughly 27% share-price drop after its Q1 2026 results. Plaintiffs reportedly allege that the company made misleading statements or failed to disclose material information concerning its transition toward “vibe coding,” competitive position, and financial outlook. These are allegations, not established findings, but the case could create legal costs, reputational risk, and uncertainty around prior company disclosures. Wix faces securities class action amid scrutiny

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. UBS Group set a $75.00 price target on shares of Wix.com in a research note on Wednesday, August 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $80.00 target price on shares of Wix.com in a report on Wednesday, August 5th. Raymond James Financial downgraded shares of Wix.com from a “strong-buy” rating to an “outperform” rating and dropped their target price for the stock from $75.00 to $70.00 in a research note on Thursday, July 30th. Oppenheimer cut their price target on shares of Wix.com from $115.00 to $85.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Finally, Cantor Fitzgerald raised their price target on shares of Wix.com from $65.00 to $80.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $90.57.

Wix.com Stock Performance

The stock has a 50-day simple moving average of $59.64 and a two-hundred day simple moving average of $66.44. The firm has a market cap of $5.11 billion, a PE ratio of -24.75, a price-to-earnings-growth ratio of 40.76 and a beta of 0.90.

Wix.com (NASDAQ:WIX) last announced its quarterly earnings results on Tuesday, August 4th. The information services provider reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.26. Wix.com had a negative net margin of 8.19% and a negative return on equity of 1.61%. The firm had revenue of $563.06 million for the quarter, compared to the consensus estimate of $552.56 million. During the same quarter last year, the firm posted $2.28 EPS. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Wix.com Ltd. will post 0.24 EPS for the current fiscal year.

Institutional Trading of Wix.com

Several large investors have recently modified their holdings of the company. California State Teachers Retirement System lifted its holdings in Wix.com by 2,918.9% in the second quarter. California State Teachers Retirement System now owns 1,788,485 shares of the information services provider’s stock valued at $81,144,000 after acquiring an additional 1,729,242 shares during the period. Readystate Asset Management LP purchased a new stake in shares of Wix.com during the 2nd quarter valued at about $485,000. Headlands Technologies LLC bought a new position in shares of Wix.com in the 2nd quarter worth approximately $475,000. Quantitative Investment Management LLC bought a new position in shares of Wix.com in the 2nd quarter worth approximately $605,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Wix.com in the second quarter worth approximately $2,232,000. Institutional investors own 81.52% of the company’s stock.

Wix.com Company Profile

Wix.com Ltd. operates a cloud-based platform that enables individuals and businesses to create, manage and develop professional web presences through an intuitive drag-and-drop interface. The company’s software-as-a-service model provides hosting, customizable templates and a range of design tools, eliminating the need for coding expertise. Users can choose from a variety of premium plans to access custom domains, enhanced storage, and advanced performance features tailored to personal projects, small businesses and online storefronts.

Beyond its core website builder, Wix offers a suite of complementary services designed to support digital growth and marketing.