Wix.com Ltd. (NASDAQ:WIX) is among the The 10 Most Undervalued Stocks to Buy and Hold for 10 Years.
On March 5, analysts at Cantor Fitzgerald maintained their Overweight rating and $130 price target on Wix.com Ltd. (NASDAQ:WIX), following the company’s fourth-quarter results, during which it reported revenue and bookings that were roughly in line with consensus estimates and EPS of $1.81, beating the Wall Street consensus estimate of $1.42.
In his report, Cantor Fitzgerald noted that Wix.com Ltd.’s (NASDAQ:WIX) two AI-powered growth pillars, Base44 and Wix Harmony, will play an important role in reshaping the company’s long-term growth strategy. In particular, Base44 is expected to generate $100 million in annual recurring revenue, giving the company a generational opportunity to capture share in building native AI applications. Analysts also said Base44 is already gross margin positive in terms of revenue and is advancing above its previous estimate of $108 million by 2026, driven by rapid acceleration in product velocity and the company’s go-to-market playbook of scaled marketing initiatives and brand awareness like the Super Bowl, among other factors.
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Wix.com Ltd. (NASDAQ:WIX) provides a web development platform for creators and offers services through a software-as-a-service model. Its products include website templates, website builders, website designs, an app marketplace, web hosting, domain names, website accessibility, a mobile app builder, and an AI website builder.
While we recognize WIX’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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