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Wix.com Ltd.

Company Name Wix.com Ltd.
Stock Symbol WIX
Class Period February 19, 2026 to May 12, 2026
Lead Plaintiff Motion Deadline September 22, 2026
Court N.D. Ill

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Background

On May 21, 2025, Wix reported first quarter 2025 financial results, including a 12% year-over-year increase in bookings, but maintained its full-year 2025 revenue guidance of $1.97 billion to $2.00 billion, below analyst expectations. The Company's conservative outlook raised investor concerns regarding its business prospects, growth trajectory, and competitive position.

On this news, Wix's stock price fell $29.40 per share, or 16.18%, to close at $152.34 per share on May 21, 2025, thereby injuring investors.

Then, on November 19, 2025, Wix reported third quarter 2025 financial results, disclosing that rising post-acquisition costs associated with Base44 were materially negatively impacting its financial results and offsetting the benefits of AI-related tailwinds. The Company explained that these costs primarily consisted of AI compute and marketing expenses.

On this news, Wix's stock price fell $25.22 per share, or 19.87%, to close at $101.70 per share on November 19, 2025, thereby further injuring investors.

Finally, on May 13, 2026, Wix reported first quarter 2026 results, including earnings and revenue below consensus expectations and a sharp decline in operating margins, which it largely attributed to weakness in its professional developer business. During the accompanying earnings call, management acknowledged that professional developer customers were increasingly using competing AI tools, Wix Harmony lacked key capabilities, product updates and innovation had been delayed, and the Company had fallen behind the evolving workflow needs of professional developers.

On this news, Wix's stock price fell $20.56 per share, or 27.10%, to close at $55.32 per share on May 13, 2026, thereby further injuring investors.

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