This Wix.com Analyst Turns Bearish; Here Are Top 5 Downgrades For Tuesday
Analysts downgraded Wix, DraftKings, Carlyle, Peabody Energy and Trex, cutting ratings and/or price targets.
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Wix.com (NASDAQ:WIX) reported third-quarter financial results on Tuesday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For
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Analysts downgraded Wix, DraftKings, Carlyle, Peabody Energy and Trex, cutting ratings and/or price targets.
Wix beats Q3 estimates with $1.42 EPS and $570.2M in revenue, up 13% YoY. See full earnings results, ARR growth, and 2026 outlook updates.
Analysts adjusted targets: RIOT upgraded to Buy; WIX downgraded to Underperform; targets also changed for MNDY, ONTO, ROIV, FERG and NVDA.
Wix.com Ltd. announced its financial results for the third quarter of 2026, reporting revenue of $570 million and bookings of $573 million.
BofA Securities downgraded Wix.com Ltd. from Buy to Underperform, setting a price target of $68.