Benchmark has placed a ‘Buy’ rating on Wix.com stock ahead of its earnings report, citing the company’s strong position in the IT sector and potential for growth.

Wix.com’s first-quarter earnings showed mixed results, with strong revenue growth but disappointing adjusted earnings, leading to a dip in stock price and mixed reactions from analysts.

Wix.com Ltd’s stock price is on edge as the company approaches its Q1 earnings report, with analysts’ price targets and market volatility creating uncertainty about its future trajectory.

Wix.com Ltd. is navigating market challenges with its innovative AI platform, Wixel, which aims to transform the design experience for individuals and businesses.