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[BUSINESS] · 3 sources

Wix.com shares surge ahead of August earnings report

Wix.com Ltd. is scheduled to release its Q2 2026 earnings on Tuesday, August 4, with analysts projecting earnings of $1.15 per share and revenue of $554 million. In the days before the report, the company's stock jumped 9.6% to $56.37 on Nasdaq, marking one of its sharpest rallies after a year of steep declines.

The rebound follows a troubled 2026, highlighted by a first‑quarter EPS of $0.68 that missed estimates, a 20% workforce cut of roughly 1,000 jobs due to a stronger Israeli shekel and AI‑driven restructuring, and a revised full‑year revenue outlook. Despite the challenges, the stock’s 52‑week range remains $40.16‑$190.93, and the company retains its full‑year revenue growth guidance.

Analysts note that the upcoming earnings could determine whether the shares are undervalued relative to their historical price‑to‑earnings multiples, with forward P/E now around 9.7 versus a five‑year median of 102.5.

Entities: Wix.com Ltd.