WIX
LONGWIX COM LTD
Research: Finviz ↗·Perplexity ↗
🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.
News Summary
NegativeWix delivered mixed results with a significant Q1 2026 earnings miss (EPS $0.68 vs $1.22 consensus) followed by a Q2 beat, but cut full-year guidance in June citing Partners business slowdown and organizational challenges. The company aggressively repurchased $1.7B in shares (leaving ~$1B net debt), executed a 20% workforce reduction, and is investing heavily in AI initiatives (Base44, proprietary LLM) to drive future growth, though near-term margin pressure and analyst downgrades reflect elevated execution and valuation risks.
Red flags
- •Q1 2026 earnings miss of 44% ($0.68 vs $1.22 consensus); stock crashed 27.2%
- •Full-year 2026 guidance cut in June: bookings reduced by ~$50M, revenue by ~$25M; growth outlook downgraded from 'mid-teens' to 'low-teens'
- •Operating cash flow deterioration: fell from $150.3M to $55.6M year-over-year in Q2
- •20% workforce reduction (1,000 employees) with $30-35M restructuring charges signals operational distress
- •Multiple analyst downgrades: Morgan Stanley (Overweight→Equal-Weight, PT $112→$60), JPMorgan (Neutral→Underweight), Baird (Outperform→Neutral), Raymond James (Strong Buy downgraded)
- •Partners business showing 'pronounced slowdown' in late Q2 2026
- •Heavy debt load (~$1B net debt) after aggressive $1.7B share repurchase leaves limited financial flexibility
- •GAAP net loss of $57.5M in Q1; GAAP diluted EPS loss of $1.78 in Q2
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| Durable Capital Partners | Henry Ellenbogen | 2.0M | +2.0M | $184M | 1.9% | — | NEW |
| ValueAct Holdings | Mason Morfit | 1.1M | +1.1M | $94M | 1.6% | — | NEW |
| Soros Fund Management | Soros Family Office | 250K | +250K | $23M | 0.3% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where WIX ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
position #16 of this fund's book
- 13SPOTIFY TECHNOLOGY S A$174M
- 14LIBERTY LIVE HOLDINGS INC$163M
- 15LIVE NATION ENTERTAINMENT IN$95M
- 16WIX COM LTD$94M
- 17DISNEY WALT CO$39M
- 18CBRE GROUP INC$32M
position #21 of this fund's book
- 18COUPANG INC$243M
- 19OPTION CARE HEALTH INC$242M
- 20BIO-TECHNE CORP$233M
- 21WIX COM LTD$184M
- 22CRH PLC$155M
- 23CLEAR SECURE INC$144M
- 24WARBY PARKER INC$135M
Values are quarter-end position sizes. Shown only for funds where WIX ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Beneficial Ownership (13D/13G)
| Filer | Form | Shares | % of Class | Filed | Src |
|---|---|---|---|---|---|
| Ameriprise Financial, Inc. | SC 13G/A | 6.0M | 10.8% | 2026-02-06 | ↗ |
SC 13D = active intent to influence control (10-day filing deadline after crossing 5%). SC 13G = passive accumulation, no intent to influence control.