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Wix.com (WIX) Climbs 33% on Revenue Growth, Aggressive Buyback

Wix.com (WIX) Climbs 33% on Revenue Growth, Aggressive Buyback

FinvizFinviz2026/03/08 01:21
By:Finviz

Wix.com Ltd. (NASDAQ:WIX) is one of the 10 Stocks Investors Are Watching Closely This Week.

Wix saw its share prices jump by 33.25 percent week-on-week after reporting a 13-percent growth in revenues last year and announcing an aggressive plan to mostly complete its $2 billion share buyback program this year.

Earlier in the week, Wix.com Ltd. (NASDAQ:WIX) said that its revenues soared to $1.99 billion last year from $1.76 billion in 2024, thanks to a double-digit growth in revenues from creative subscriptions and business solutions.

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Photo by Karolina Grabowska from Pexels

However, net income still decreased by 63 percent to $50.6 million from $138.3 million year-on-year.

In the fourth quarter alone, Wix.com Ltd. (NASDAQ:WIX) said that revenues surged by 14 percent to $524.3 million from $460.4 million. However, it swung to a net loss of $40.2 million from a $48 million net income in the same period.

For this year, the company is targeting revenues to grow by mid-teens in both the first quarter and full-year period.

Bookings are also expected to grow mid-teens in the full-year period.

Following the results, Wix.com Ltd. (NASDAQ:WIX) announced plans to go aggressive and quick on its share buyback program this year, as it eyes to already complete majority of its $2 billion share repurchase authorization.

As of end-2025, the company has already bought back $575 million worth of shares.

While we acknowledge the potential of WIX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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