Wix.com Ltd
WIX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Lv | LOCK|#qf | LOCK|V<ws&n! |
Wix Earnings: Weak Partners Growth Stokes AI Fears; Cutting Fair Value Estimate by 23%
In its first quarter, Wix delivered weak partners growth (19%) and missed on gross margin (66% versus 67.6% FactSet consensus) due mainly to Base44 inference costs. Shares fell 27% on May 13.
