Wix.com Ltd. (NASDAQ: WIX) saw its stock price soar 5.06% intraday, driven by the company's positive financial outlook and strategic capital allocation announcements.
The web development platform reported its fourth quarter and full-year 2025 results, which included revenue growth of 14% year-over-year to $524.3 million and bookings growth of 15%. More importantly, the company provided strong guidance for 2026, expecting both bookings and revenue for the consolidated business to grow at a mid-teens percentage on a year-over-year basis.
Investors responded positively to several key announcements: Wix plans to complete the majority of its $2 billion share repurchase program in 2026, a move that typically signals confidence and returns capital to shareholders. Additionally, the company received a $250 million private placement led by Durable Capital Partners, indicating strong institutional investor interest. Business updates also contributed to the optimism, with the Base44 product reaching $100 million in annual recurring revenue and the early performance of Wix Harmony showing improved conversion and monetization.