Wix.com Ltd. (NASDAQ:WIX) has been identified as one of the 10 most undervalued stocks to buy and hold for 10 years. Cantor Fitzgerald recently maintained their Overweight rating and $130 price target on the company following its fourth-quarter results. The company reported revenues and bookings that were in line with consensus estimates, along with an EPS of $1.81, surpassing Wall Street’s consensus estimate of $1.42.
Cantor Fitzgerald highlighted Wix.com Ltd.’s two AI-led growth pillars, Base44 and Wix Harmony, as key drivers of the company’s long-term growth strategy. Base44 is expected to generate $100 million in annual recurring revenue, providing the company with a significant opportunity to capture share in AI-native application building. The analysts noted that Base44 is already gross-margin positive on a revenue basis and is outperforming their prior 2026 estimate of $108 million, driven by rapid acceleration in product velocity and the company’s go-to-market strategies.
Wix.com Ltd. offers a web development platform for creators through a Software-as-a-Service model. Its products include website templates, builders, designs, an app market, web hosting, domain names, website accessibility, a mobile app builder, and an AI website builder. While the potential of WIX as an investment is acknowledged, there are other AI stocks with greater upside potential and less downside risk.
For investors seeking an undervalued AI stock that could benefit from Trump-era tariffs and the onshoring trend, a free report on the best short-term AI stock is recommended. In conclusion, Wix.com Ltd. continues to be a strong player in the web development space, with promising growth prospects driven by its innovative AI-led initiatives.
Disclosure: None. Follow Insider Monkey on Google News.
