Wix.com Ltd. (NASDAQ:WIX) is one of the Best Cheap Stocks to Buy Right Now. On January 28, Wix’s Board of Directors authorized a $2 billion securities buyback plan. The program will run for two years (FY 2026 to FY 2027) and will allow the company to repurchase either its ordinary shares or its convertible notes. For reference, the company’s total liabilities and equity as of 30 September 2025 was $2.56 billion.
Photo by Taylor Vick on Unsplash Despite the buy back plan, Ken Wong from Oppenheimer has concerns regarding Wix’s revenue growth and margin trajectory. As such, he trimmed the firm’s target price on Wix down to $130 (from $160), but still retained their “Outperform” call on the shares. CNN’s data shows that 23 out of 25 analysts (~92%) covering WIX have a “Buy” rating on the company, with the remaining two (~8%) having a “Hold” recommendation. The median target price is $160 (with a high of $205), implying an upside of 84.25% (136.07% if using the highest estimate). Wix.com Ltd. (NASDAQ:WIX) provides a creator-focused web development platform delivered via a software-as-a-service model, offering tools such as site building and templates, hosting and domains, an apps marketplace, mobile app creation, accessibility capabilities, and AI-assisted website creation. The company was founded on October 5, 2006, by Avishai Abrahami, Nadav Abrahami, Nir Zohar, and Giora Kaplan, and is headquartered in Tel Aviv, Israel. While we acknowledge the potential of Wix.com Ltd. (NASDAQ:WIX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Software Infrastructure Stocks to Buy According to Hedge Funds and Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy. Disclosure: None. This article is originally published at Insider Monkey.
